Permits have been filed for a nine-story residential building at 38-38 32nd Street in Astoria, Queens. Located between 38th Avenue and 39th Avenue, the lot is one block from the 39 Avenue-Dutch Kills subway station, serviced by the N and W trains. Yitzchok Katz of Developing NY State is listed as the owner behind the applications.
Demolition is progressing on Rolex’s old 12-story International Style headquarters at 665 Fifth Avenue in Midtown to make way for a 25-story replacement. Designed by David Chipperfield Architects and developed by Rolex Realty Company, the new structure will feature a modern glass curtain wall and yield office and retail space for the iconic watchmaker. Titan Industrial SVC Corp. is the general contractor in charge of demolition at the property, which is located at the corner of Fifth Avenue and East 53rd Street.
TF Cornerstone this week debuted Luminescence Market, the first grocery store to open within the Hunter’s Point South complex in Hunter’s Point, Queens. The store is located at the foot of 5203 Center Boulevard, a 52-story residential tower that overlooks the East River.
Tribeca Investment Group, Meadow Partners, and PGIM Real Estate have secured $150 million in construction financing to complete a commercial modernization project at 295 Fifth Avenue in Midtown, Manhattan. Construction recently completed on a penthouse addition, bringing the structure to 19 stories and 710,000 square feet.
Permits have been filed to expand a two-story structure into a four-story mixed-use building at 97 Seigel Street in Williamsburg, Brooklyn. Located between Graham Avenue and Manhattan Avenue, the lot is near the Lorimer Street subway station, serviced by the M and J trains. Herman Jakob under the West Street Gardens LLC is listed as the owner behind the applications.