Construction Update


Five World Trade Center’s 900-Foot-Tall Redesign by Kohn Pedersen Fox Revealed, in Manhattan’s Financial District

In an exciting reveal for the ongoing redevelopment and rebuilding of the World Trade Center, Kohn Pedersen Fox has unveiled the first set of renderings for its proposed 900-foot-tall design for Five World Trade Center, aka 130 Liberty Street. The Port Authority of New York and New Jersey selected the winning bid at a board meeting on Thursday afternoon to allow Silverstein Properties, Brookfield Properties, Omni New York LLC, and Dabar Development Partners to lease the 1.56-million-square-foot mixed-use building under a 99-year ground lease.

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540 Fulton Street, designed by Marvel Architects

540 Fulton Street’s Exterior Nears Completion in Downtown Brooklyn

Exterior work is nearing completion on 540 Fulton Street, a 511-foot-tall mixed-use skyscraper in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 43-story, 330,000-square-foot building will yield 327 residential units, as well as 71,844 square feet of commercial space and 22,054 square feet of retail on the lower podium floors. The project is located at the intersection of Flatbush Avenue and Fulton Street.

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Façade Installation Progresses on One Willoughby Square in Downtown Brooklyn

Exterior work is continuing to progress on One Willoughby Square, a 36-story, 495-foot-tall office skyscraper in Downtown Brooklyn. Alternately addressed as 420 Albee Square, the project is designed by FXCollaborative and is being developed by JEMB Realty, and will yield 500,000 square feet of Class A office space. One Willoughby Square is set to open as the tallest new office building in Brooklyn and is bound by Albee Square West to the east, Willoughby Street to the north, and Duffield Street to the west. Gilbane Building Company is in charge of construction on the project.

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New Renderings, Aerial Photos Revealed for 501 Third Avenue, aka Eastlight, in Kips Bay, Manhattan

YIMBY has an exclusive set of new renderings and photos that depict Eastlight, a 34-story, 388-foot-tall condominium building at 200 East 34th Street in Kips Bay. Designed by CetraRuddy Architecture and developed by 200 East 34th LLC, who is listed as the owner on permits, the 135,094-square-foot project will yield 144 units and 2,992 square feet of commercial space. The site is located at the corner of Third Avenue and East 34th Street and is alternately addressed 501 Third Avenue. Noble Construction Group is in charge of building the tower, and the teaser site has also launched.

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