FXCollaborative

Daytime view of Chelsea Centro at 278 Seventh Avenue

TF Cornerstone Secures Retail Tenant for Chelsea Centro at 278 Seventh Avenue in Chelsea, Manhattan

TF Cornerstone will soon welcome Chip City Cookies, an expanding New York City-based bakery, as a retail tenant at 278 Seventh Avenue in Chelsea, Manhattan. Designed by FXCollaborative, the 14-story rental property known as Chelsea Centro opened in 2001 and comprises around 133,000 square feet. Chip City Cookies is expected to open at the beginning of next year.

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Affordable Senior Housing Lottery Launches for 278 Eighth Avenue in Chelsea, Manhattan

The affordable housing lottery has launched for 278 Eighth Avenue, a 14-story mixed-use building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the structure yields 190 residences. Available on NYC Housing Connect are 48 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $26,092 to $198,250. For units where the income limit is set at 40, 60, and 80 percent of the AMI, units are designated for individuals or households that have at least one household member who is 62 years of age or older.

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1 Park Point’s Façade Takes Shape in Windsor Terrace, Brooklyn

Construction is quickly taking shape on 1 Park Point, a 13-story residential building in Windsor Terrace, Brooklyn. Designed by FXCollaborative and developed by JEMB Realty, the 145-foot-tall structure will span 395,726 square feet and yield 375 rental units with an average scope of 798 square feet, as well as 5,388  square feet of retail space, 18,850  square feet for community space, a cellar level, and 106 enclosed parking spaces. Pavarini McGovern is the general contractor for the property, which was formerly addressed as  11 Ocean Parkway, is located on Machate Circle at the southwestern corner of Prospect Park, and bound by Ocean Parkway, Coney Island Avenue, and Caton Place.

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125 West 57th Street Steadily Rises Along Billionaire’s Row in Midtown, Manhattan

Construction is rising on 125 West 57th Street, a 26-story commercial building along Billionaires’ Row in Midtown, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Cain International, the 440-foot-tall structure will yield 185,000 square feet of Class A office space and a ground-floor home for the Calvary Baptist Church, which has operated on the site since 1883. Leading Builders Group is the general contractor for the property, which is located on an interior lot between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects111 West 57th Street.

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278 Eighth Avenue’s Brick Façade Progresses in Chelsea, Manhattan

Exterior work is progressing on 278 Eighth Avenue, a 14-story mixed-use building in ChelseaManhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 175-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project, which is being constructed by Leeding Builders Group between West 23rd and West 24th Streets.

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