Construction Update


Construction Nears Completion on UAE’s Future Consulate at 315 East 46th Street in Midtown East

Construction is nearing completion on the United Arab Emirates’ new consulate at 315 East 46th Street in the Midtown East neighborhood of Turtle Bay. Located just up the street from the future consulate of the Republic of Turkey, the 145-foot-tall, nine-story reinforced concrete structure is designed by Skidmore Owings & Merrill, developed by Fisher Brothers, and is being built by Plaza Construction.

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Work Wrapping Up on Pestana Hotel at 338 West 39th Street in Midtown

YIMBY last did an article on 338 West 39th Street back in August 2015. Sam Chang, a well-known hotelier in New York City, purchased the 50-foot-wide site for $22,500,000, though permits list Brarone Management as the developer behind the address. Stephen B. Jacobs Group is the designer of the 25-story hotel part of Pestana Hotels, a Portugal-base company. The site is located in Midtown, Manhattan between Eight and Ninth Avenues near a number of other hotel chains that have popped up in the past several years.

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One Boerum Place Nears 21-Story Parapet in Downtown Brooklyn

Construction on One Boerum Place in Downtown Brooklyn is getting close to topping out. The 21-story mixed-use condominium building is rising from a narrow triangular-shaped parcel bound by Boerum Place, Red Hook Lane, and Fulton Street. The project is designed by SLCE Architects and is being developed by Avery Hall InvestmentsAllegra Holdings, and Aria Development Group, which acquired a $165 million construction loan from Jutland Finance. The total cost is expected to be around $250 million.

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