Jonathan Rose Companies, L+M Development Partners, and Acacia Network recently closed on a $223 million financing package to complete the second and final phase of Sendero Verde. The complex is located on Madison Avenue between East 111th and East 112th Streets in East Harlem and spans a full city block.
Exterior work is nearing completion on Plank Road, a 27-story residential building at 662 Pacific Street in Prospect Heights, Brooklyn. Formerly addressed as 37 Sixth Avenue, 495 Dean Street, and 664 Pacific Street, the 209,451-square-foot structure is designed by Marvel Architects and developed by The Brodsky Organization and will bring 312 rental units to the Pacific Park complex. The rectangular parcel is located between Dean and Pacific Streets.
Curtain wall work is getting close to completion on 18 Sixth Avenue, a 49-story residential skyscraper in Prospect Heights, Brooklyn. Designed by Perkins Eastman and developed by The Brodsky Organization and Greenland Forest City Partners, the 532-foot-tall, 740,000-square-foot building will yield 858 rental units, of which 258 will be dedicated to affordable housing. The project towers over the adjacent Barclays Center and is the tallest building in the 22-acre Pacific Park master plan. The rest of the development will be constructed atop the currently exposed train tracks to the east that run parallel with Atlantic Avenue. Lemay + Escobar is designing the interiors, including the main lobby, the apartments, the corridors, the outdoor terrace and the amenities.
The New Jersey Performing Arts Center (NJPAC) in Newark has big plans to diversify its campus with residential developments and a dining venue, as well as the construction of an arts and education center. The proposed buildings are part of the performing center’s goal to become a city lifestyle destination and further the cultural hub’s impact on the downtown neighborhood. L + M Development Partners has teamed up with NJPAC and Larchmont for the 7.3-acre campus expansion. Skidmore, Owings & Merrill is responsible for the design of the buildings and streetscapes. NJPAC purchased the property from the state of New Jersey in December 2018.
Façade work is nearing completion on 550 Clinton Avenue, as the tower crane has been removed from the eastern elevation of the 29-story mixed-use tower in Clinton Hill, Brooklyn. Designed by Morris Adjmi Architects and developed by Hope Street Capital, the 280,000-square-foot project will yield 284 apartments and about 60,000 square feet of retail area. The structure rises from a four-story podium bound by Atlantic Avenue to the south, Clinton Avenue to the east, and Vanderbilt Avenue to the west.