Exterior work is continuing to shape up on 2401 Third Avenue, a three-tower complex designed by Hill West Architects in Brookfield Properties‘ Bankside master plan in Mott Haven, The Bronx. The 4.3-acre development is a combination of two sites along the northern side of the Harlem River. 2401 Third Avenue is located on the western side of the Third Avenue Bridge, and 101 Lincoln Avenue is the larger counterpart found on the opposite side. Bankside will provide seven residential buildings, 15,000 square feet of retail space, a community facility run by a local nonprofit yet to be named, and 34,000 square feet of public waterfront space. Brookfield purchased the two parcels for $165 million in September 2018 from Somerset Partners and The Chetrit Group. Ground was first broken on 2401 Third Avenue in the fall of 2019, and construction on Bankside is expected to cost $950 million and yield 1,370 units.
Leasing has officially launched at The Vantage Tower Two, the final component of a dual-tower high-rise development near the waterfront edge of Jersey City. From Fisher Development Associates, Tower Two is located at 1 Park View Avenue. The first building, completed in 2017, is listed as 33 Park View Avenue.
In a YIMBY exclusive, new renderings from Gerald Caliendo Architects offer a first look at a forthcoming residential property in Crotona Park East, The Bronx. The project is located at 1281 Hoe Avenue and will comprise roughly 28,500 square feet. Mark Shakarov is the current property owner and is listed as 1281 Hoe Avenue LLC on construction permits filed with the city’s Department of Buildings.
Exterior work is nearing completion on the 476-foot-tall Virgin Hotel at 1225 Broadway in NoMad. Designed by Stantec and developed by Lam Group, the 38-story rectilinear tower will yield 300,000 square feet and 460 hotel rooms managed by Sir Richard Branson of Virgin Group. The property sits on an angled trapezoidal plot bound by Broadway, West 29th Street, and West 30th Street. This will be the first Virgin Hotel establishment in New York City.
Alchemy-ABR Investment Partners and Cain International are working in collaboration to complete a new 26-story office tower at 125 West 57th Street. Designed by FXCollaborative, the building will stand 420 feet above ground and comprise approximately 260,000 square feet.