Construction Update

731-733 Bergen Street, rendering by Bizdesigns

Redesign Revealed for 731-733 Bergen Street, Prospect Heights, Brooklyn

6:30 am on January 15, 2018 By Andrew Nelson

It was nearly two and a half years ago that YIMBY last reported on permits and a rendering for 731 and 733 Bergen Street, in Prospect Heights, Brooklyn. Today, we have the first rendering of the project’s redesign, by Bizdesigns LLC. The new structure looks lighter, with tan panels on the two protruding sections and base, rather than dark brick, as well as paneled screens on the lower floors. The windows were also subject to changes, and the nine balconies will be colored black, instead of red.

411 West 35th Street Hero View, Rendering by Binyan Studios

New Renderings Revealed, Leasing Begins for 411 West 35th Street, Hudson Yards District

7:30 am on January 12, 2018 By Andrew Nelson

New renderings are out for a twelve-story mixed-use building under construction at 411 West 35th Street, in the Hudson Yards District of Manhattan. The Lewis is named after Lewis Katz, who dedicated his life to improving the chances of success for younger people, particularly those disadvantaged by circumstance. This news corresponds with the launch of leasing for the 186 rental units.

1345 Avenue of the Americas renovated, image courtesy Rubenstein

Exclusive Photos of Lobby and Entrance Renovation at 1345 Avenue of the Americas, Midtown

6:00 am on January 11, 2018 By Andrew Nelson

The lobby at 1345 Avenue of Americas has been renovated, and today, YIMBY has an exclusive first look inside the space. Skidmore, Owings & Merrill were commissioned by Fisher Brothers to redesign the interior. The owners wanted to replace the original white and tan marble with a brighter, more spacious lobby, and the photos indicate that the architects have accomplished exactly that.

587 Main Street. Rendering via RXR Realty

Construction Update, New Rendering for 587 Main Street, New Rochelle

7:30 am on January 10, 2018 By Andrew Nelson

When we last checked in on 587 Main Street in New Rochelle, New York, it was barely noticeable on the skyline, rising just six flights up. Now, thanks to photos by Nick Ramacciato, we can see that the structure has made substantial progress. Work is currently up to the 20th floor, out of a total 28. Façade installation has not yet started, though the angled shape of the building is easily visible. Paulus, Sokolowski, and Sartor (PS&S) are responsible for the architecture, and a fresh rendering also gives a better view of what the top floors will soon look like.

62-66 North Third Street, rendering by MNS

Rendering Revealed for 62-66 North Third Street, Williamsburg, Brooklyn

7:30 am on January 9, 2018 By Andrew Nelson

A new rendering is out for 62 and 66 North Third Street, two six-story mixed-use buildings in Brooklyn’s flourishing Williamsburg neighborhood. The nearest subway access is the L train’s first stop in Brooklyn, the Bedford Station. The site is just a block away from the river, five blocks south of the State of New York East River Park, and five blocks north of the Domino Sugar Factory development, where a ferry station may soon be built. David Dweck, Steven Ancona, and Michael Marino have joined together for the development.

150 Rivington Street rooftop, design by GLUCK+

Construction Update, New Renderings for 150 Rivington Street, Lower East Side, Manhattan

7:30 am on January 8, 2018 By Andrew Nelson

A new seven-story residential building is starting to rise above its townhouse neighbors on the Lower East Side of Manhattan. 150 Rivington Street is located in a quiet spot of the bustling neighborhood, three blocks away from the Delancey-Essex Street Subway Station, serviced by the F, J, M, and Z trains. Cogswell Lee Development will be responsible for the development, which replaces the old Streitz Matzo Factory.

140 West 28th Street, rendering by Gene Kaufman

Kaufman’s Latest 45-Story Hotel at 140 West 28th Street Revealed, Receives $121 Million for Construction Funding, Chelsea

8:00 am on January 5, 2018 By Andrew Nelson

Eastern Consolidated has secured a $121.35 million debt and equity package for 140 West 28^th Street, a 45-story, 526-key hotel set to rise in Chelsea. The deal is comprised of two sources, which are $97.5 million for the mortgage with Bank of the Ozarks, and $23.85 million for mezzanine construction by Square Mile Capital Management.

885 Grand Street, design by Oaklander, Coogan & Vitto Architects

Loan Acquired, Rendering Revealed for 885 Grand Street, East Williamsburg, Brooklyn

7:00 am on January 5, 2018 By Andrew Nelson

Plans for a new eight-story apartment building at 885 Grand Street in East Williamsburg are moving ahead after the joint venture of Lemle & Wolff Development Co. and Alphonso Milo secured a $12.85 million construction loan from Sterling National Bank. Today, YIMBY also has the first rendering for the project.

24 Second Avenue, image by Andrew Campbell Nelson

24 2nd Avenue Nears Completion in the East Village, Manhattan

6:30 am on January 5, 2018 By Andrew Nelson

A new mixed-use condominium building is racing toward completion in the East Village of Manhattan. 24 2^nd Avenue has topped out at the 10^th story, with nearly all window installation now complete. Permits were filed for the structure in mid-2015, replacing East Village’s last gas station. AORE Capital is responsible for the development.

Site 4 North of Essex Crossing, 180 Broome Street, rendering by Handel Architects

$200 Million Construction Loan Secured for 180 Broome Street, Essex Crossing, Lower East Side

7:30 am on January 4, 2018 By Andrew Nelson

Delancey Street Associates has closed a deal for funding the construction of 180 Broome Street, on the Lower East Side. The capital comes from Wells Fargo and M&T Bank, along with equity from DSA and Goldman Sachs Urban Investment Group. The loan secures $200 Million out of the projected total construction cost of $300 million. Essex Crossing is being developed by Delancey Street Associates, which is comprised of BFC Partners, L+M Development Partners, Taconic Investment Partners, and Goldman Sachs.

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