This week, development partners Kushner Real Estate Group and National Real Estate Advisors celebrated the opening of the second rental skyscraper at Journal Squared. Located at 537 Summit Avenue in Jersey City, the new 68-story tower stands 754 feet tall and comprises 704 residences.
Avery Hall Investments has unveiled plans for a mixed-use project addressed as 272 4th Avenue on the border of Gowanus and Park Slope in Brooklyn. The Brooklyn-based developer is also responsible for the design of the 130,000-square-foot development at the corner of 4th Avenue and Carroll Street, and recently increased the site assemblage with a $5.3 million purchase of 274 4th Avenue and 538 Carroll Street.
Exterior work is progressing on 212 West 93rd Street, a 14-story condominium building on Manhattan’s Upper West Side. Located between Broadway and Amsterdam Avenues, the 65,000-square-foot project is designed by Eran Chen, head of ODA, and developed by Landsea Homes and Leyton Properties, which acquired the 9,000-square-foot plot from the Shaare Zedek Congregation for $34.3 million. It was last reported that the property will yield 20 units designed by GRADE New York and marketed by The Lindsey Stokes Team, a division of real estate brokerage Compass.
Construction is nearing completion on 101 West 14th Street, a 13-story residential building on the border of Chelsea and Greenwich Village. Designed by ODA New York and developed by Gemini Rosemont, the property sits at the corner of West 14th Street and Sixth Avenue and will yield 44 condominium units as well as 5,830 square feet of ground-floor retail space for two tenants. Sales have launched for the homes, which are being marketed by Nestseekers International’s Serhant Team and are expected to start at $1.35 million for one-bedroom units.
Last week TF Cornerstone and RXR Realty, development partners of the Grand Hyatt New York redevelopment in Midtown East, announced a cultural program at 175 Park Avenue with New York City-based non-profit Public Art Fund and Lord Cultural Resources. This will include public art installations, community events, and programming inside and around the Skidmore Owings & Merrill-designed skyscraper.