Mixed-Use

Excavation Underway for Broome Street Development at 55 Suffolk and 64 Norfolk Streets on Manhattan’s Lower East Side

Excavation has begun at 55 Suffolk Street and 64 Norfolk Street, the site of Broome Street Development, a mixed-use complex on Manhattan’s Lower East Side. Designed by Dattner Architects and developed by Gotham Organization, the project encompasses two buildings spanning a combined 387,223 square feet that will yield 488 rental units, of which 43 percent will be dedicated to permanently affordable homes. Both buildings will rise by the intersection of Broome and Norfolk Streets.

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Construction Completes on The Artisan at 180 Broome Street in Essex Crossing, Lower East Side

Construction is complete on The Artisan, a 26-story residential building at 180 Broome Street on Manhattan’s Lower East Side. Designed by Handel Architects and developed by Delancey Street Associates, which is made up of BFC Partners, L+M Development PartnersTaconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the building contains 263 residences ranging from studios to three-bedroom apartments. The project is part of the 1.9-million-square-foot Essex Crossing master plan and is bound by Delancey Street to the north, Clinton Street to the east, Broome Street to the south, and Suffolk Street to the west.

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142-26 and 142-38 Roosevelt Avenue

Renderings Reveal Mixed-Use Residential Building at 142-26 and 142-38 Roosevelt Avenue in Flushing, Queens

Developer Eastone Equities is planning to develop an eight-story mixed-use residential building in Flushing, Queens. Located at 142-26 and 142-38 Roosevelt Avenue, the structure will hold 40,000 square feet of residential space, 33,000 square feet of commercial space, and two sub-grade levels of parking. This week Columbia Pacific Advisors Bridge Lending announced it has secured a $15 million loan to refinance the development.

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Virgin Hotel’s Exterior Nears Completion at 1225 Broadway in NoMad, Manhattan

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 tower will yield 300,000 square feet and 460 hotel rooms managed by Sir Richard Branson of Virgin Group. The property is located between West 29th Street and West 30th Street and will be the first Virgin Hotel establishment in New York City.

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