Mixed-Use

550 Madison Avenue’s New Public Plaza Opens in Midtown East, Manhattan

The new public plaza at 550 Madison Avenue, a 37-story commercial skyscraper in Midtown East, is now open. Designed by Snøhetta, the landscape architect for the garden and the design architect for the tower repositioning, and developed by The Olayan Group and RXR Realty, the new privately owned public space (POPS) is enclosed with a 70-foot-tall steel-framed glass canopy and is part of a larger renovation of the Philip Johnson-designed postmodern landmark, along with a revamped lobby designed by Gensler. AECOM Tishman was the general contractor for the 21,000 square feet of renovations at the property, which is located between East 55th and 56th Streets.

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Housing Lottery Launches for 1921 Atlantic Avenue in Bed-Stuy, Brooklyn

The affordable housing lottery has launched for 1921 Atlantic Avenue, a 14-story mixed-use building in Bedford-Stuyvesant, Brooklyn. Developed by Thorobird Companies and designed by GF55 Partners, the structure yields 236 residences. Available on NYC Housing Connect are 199 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $16,218 to $132,400.

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The Axel Wraps Up Construction at 550 Clinton Avenue in Clinton Hill, Brooklyn

Construction is wrapping up on The Axel, a 30-story mixed-use building at 550 Clinton Avenue on the border of Clinton Hill and Prospect HeightsBrooklyn. Designed by Morris Adjmi Architects and developed by Hope Street Capital, the 280,000-square-foot tower yields 284 apartments and 60,000 square feet of retail space in the multi-story podium. Triumph Property Group is managing leasing for the apartments and JLL is in charge of leasing the commercial space at the property, which is bound by Atlantic Avenue to the south, Clinton Avenue to the east, and Vanderbilt Avenue to the west.

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Rendering of 2840 Atlantic Avenue in East New York, Brooklyn

Empire State Dairy Expansion Kicks Off at 2840 Atlantic Avenue in East New York, Brooklyn

Work has begun on the expansion and redevelopment of the historic Empire State Dairy Company Building at 2840 Atlantic Avenue in East New York. Designed by Dattner Architects and developed by The Moinian Group and Bushburg, the project involves the partial gutting of the existing low-rise building to support a 14-story tower with 320 residential units, 12,000 square feet of ground-floor commercial space, and a new charter school. The entire property will comprise 370,000 square feet.

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