The New York State Energy Research and Development Authority (NYSERDA) has awarded LendLease a $4 million grant to complete 1 Java Street, a high-rise residential complex in Greenpoint, Brooklyn that will debut as the largest residential project in New York State to use a geothermal heat exchange system.
Developers and city officials recently joined to celebrate the beginning of occupancy at 1101 and 1089 President Street in Crown Heights, Brooklyn. Developed in partnership by Breaking Ground and BFC Partners, the two-building complex once served as the historic Bedford Union Armory and now comprises 415 income-restricted rental units, a parking garage, and the 500,000-square-foot Major R. Owens Health and Wellness Community Center, a sprawling facility with large recreational spaces and offices for medical access and emotional counseling.
Construction has reached the halfway point on 29 Jay Street, an 11-story commercial building in Brooklyn‘s DUMBO Historic District. Designed by Marvel Architects and developed by Jay Street Office LLC, the 150-foot-tall structure will yield 225,000 square feet of office space. Sciame Construction is the general contractor for the project, which is located at the northeast corner of Jay and Plymouth Streets.
Excavation and piling work is progressing at 1 Java Street, the site of a two-tower residential development along the East River in Greenpoint, Brooklyn. Designed by Marvel Architects and developed and built by Lendlease, which secured a $360 million construction loan at the end of 2022, the project will yield 850 rental units across the two structures, the taller of which will stand 36 stories and 445 feet tall. Aware Super is the joint developer, INC Architecture & Design is the interior designer for the public areas, and Crème is the interior designer for the townhouse units at the property, which is alternately addressed as 18 India Street and occupies a full block bound by India Street to the north, Java Street to the south, Water Street to the east, and the India Street pier over the East River to the west.
At number 25 on our December countdown of the tallest buildings under construction in the New York area is The Paxton, a 43-story mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 511-foot-tall structure will yield 330,000 square feet with 327 residential units in studio to three-bedroom layouts, as well as 137,075 square feet of office space and 33,000 square feet of retail space in the multi-story podium. M.N.S. is handling sales and marketing for the residential component of the property, which is located by the intersection of Flatbush Avenue and Fulton Street.
