Construction Update

585 Union Street Nears Topping Out in Gowanus, Brooklyn

Construction is nearing topping out on 585 Union Street, a nine-story residential building in Gowanus, Brooklyn. Designed by Fogarty Finger and developed by Tavros CapitalCharney Companies, and Canyon Partners, the 95-foot-tall structure will span 167,000 square feet and yield 214 rental units in studio to three-bedroom layouts, with 25 percent designated as affordable housing, as well as 8,900 square feet of ground-floor commercial space. Broadway Construction Group is the general contractor for the property, which is bound by Sackett Street to the north, Union Street to the south, and 3rd Avenue to the east.

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267 Bond and 498 Sackett Streets Rise Above Gowanus, Brooklyn

Construction is rising on Society Brooklyn and Sackett Place, a pair of 21-story residential buildings at 267 Bond Street and 498 Sackett Street in Gowanus, Brooklyn. Designed by SLCE Architects and developed by Property Markets Group, which acquired both plots for $9 million in 2021, the complex will span 594,000 square feet and yield 517 residential units and 52,000 square feet of commercial space. The project is proceeding with $18.5 million in construction financing from Maxim Capital Group. Urban Atelier Group is the general contractor for the project, which is bound by DeGraw Street to the north, Sackett Street to the south, the Gowanus Canal to the east, and Bond Street to the west.

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Construction Reaches Top Floor of 204 4th Avenue in Gowanus, Brooklyn

Construction is about to top out on 204 4th Avenue, a 13-story residential building in Gowanus, Brooklyn. Designed by L+Z Architecture and developed by Avery Hall and Gindi Capital, the 200,000-square-foot structure will yield 193 rental units and 14,000 square feet of ground-floor retail space. Leeding Builders Group is the general contractor for the half-acre rectangular property, which is alternately addressed as 655 Union Street and bound by Sackett Street to the north and Raul Vasquez Jr. Place to the south.

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New Renderings Revealed For The Arabella at 4720 Third Avenue in Belmont, The Bronx 

New renderings have been revealed for The Arabella, a nine-story residential building under construction at 4720 Third Avenue in the Belmont section of The Bronx. Designed by Ismael Leyva Architects and developed by Vertical Community Development and Sioni Group, the topped-out structure will yield 165 market rate and affordable units as well as two-stories of retail space and a collection of amenities throughout. Interiors of the project were designed by Marin Architects and thoughtfully curated throughout. Structural Engineers is the structural engineer, REAL New York is handling leasing and marketing, and OmniBuild Construction is the general contractor for the project, which occupies a large trapezoidal plot bound by East 189th Street to the north, East 188th Street to the south, Washington Avenue to the east, and Third Avenue to the west.

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139 Bowery Nears Completion on Manhattan’s Lower East Side

Construction is nearing completion on 139 Bowery, a 14-story mixed-use residential building in the Bowery section of Manhattan’s Lower East Side. Designed by Raymond Chan Architects and developed by Global Joint Venture, the structure was last reported to yield 16 rental units as well as ground-floor retail space, a 550-square-foot medical facility, and office space spanning floors two through five. Mandarin Enterprises is the general contractor for the property, which is located on a relatively narrow plot between Broome and Grand Streets.

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