Construction Update

Rendering of Sherman Plaza at 4650 Broadway - Courtesy of View, Inc.

Sherman Plaza Nears Completion at 4650 Broadway in Inwood, Manhattan

Construction is nearing completion on Sherman Plaza, a 19-story mixed-use building at 4650 Broadway in Inwood, Manhattan. Designed by Handel Architects and developed by Arden Group, which acquired the property for $54 million in 2019, the 260-foot-tall structure will span 351,000 square feet and yield 222 rental apartments, 38,000 square feet of lower-level retail space, and an 80,000-square-foot charter school. Aqozfi Inwood LLC is listed as the owner and Consigli Construction Co. is the general contractor for the property, which is located at the intersection of Broadway and Sherman Avenue, directly east of Fort Tyron Park.

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204 4th Avenue’s Exterior Takes Shape in Gowanus, Brooklyn

Exterior work is progressing 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 project, which is alternately addressed as 653 Union Street and is located on a half-acre rectangular plot bound by Sackett Street to the north and Raul Vasquez Jr. Place to the south.

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Rendering of 544 Carroll Street - Courtesy of Avery Hall

Foundations Underway For 544 Carroll Street in Gowanus, Brooklyn

Foundations are taking shape at 544 Carroll Street, the site of a 17-story residential building on the eastern edge of Gowanus, Brooklyn. Designed and developed by Avery Hall with L+Z Architecture as the architect of record, the 175,000-square-foot structure will yield 133 rental units with 25 percent designated as affordable housing, as well as 6,000 square feet of ground-floor retail space. Leeding Builders Group LLC is the construction manager for the property, which is alternately addressed as 272 Fourth Avenue and bound by Carroll Street to the north and 4th Avenue to the east. The project is expected to cost between $90 and $120 million.

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Aerial rendering of 247 North Avenue - Courtesy of LCOR

247 North Avenue Rises Above Street Level in New Rochelle, New York

Construction is rising above street level on 247 North Avenue, a 28-story residential tower in New Rochelle, New York. Designed by Studio V and developed by LCOR, the structure will yield 307 rental apartments in studio to two-bedroom layouts with 31 units reserved for households earning 80 percent area median income, as well as 1,800 square feet of ground-floor commercial space and parking for 257 vehicles. Aspera Studio is the interior designer and LRC Construction LLC is the general contractor for the property, which is located on an interior lot bound by Lecount Place to the north and North Avenue to the south.

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Rendering of 240 Willoughby Street - Courtesy of Rabsky Group

Exterior Work Continues on 240 Willoughby Street in Fort Greene, Brooklyn

Exterior work is progressing on 240 Willoughby Street, a 30-story residential building in Fort Greene, Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group, which purchased the property for $95 million in 2019, the structure will yield 300 rental units with 147 residences dedicated to affordable housing. 240 Willoughby LLC is the owner and Galaxy Developers is the general contractor for the project, which directly abuts an existing 21-story apartment building and is bound by Willoughby Street to the north, the Brooklyn Hospital Center to the south, Fort Greene Park to the east, and Ashland Place to the west.

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