Developer JDS has secured $664 million in funding for the construction of 9 DeKalb Avenue in Downtown Brooklyn. The future residential skyscraper will soon rise 1,066 feet and become the tallest structure in Brooklyn, as well as the first tower in the outer boroughs to pass the 300-meter “supertall” threshold. The loan is coming from Otéra Capital Inc. and Silverstein Capital Partners. SHoP Architects is designing the building, which is located at the corner of DeKalb Avenue and Fleet Street, and sits across the street from the City Point complex. The development is expected to contain 425 rental apartments and 150 condominiums.
Construction has topped out and façade work is underway at 138 North 10th Street, a six-story warehouse-inspired condominium complex in Williamsburg, Brooklyn. The project is being designed by Morris Adjmi Architects and developed by Eli Hamway and Michael Shamah of Eastern Capital Group. The structure will contain nine loft homes with two- and three-bedroom units, as well as two lower triplexes. Halstead Property Development Marketing’s The Aguayo Team is marketing and handling sales, with units starting at $1.7 million. The site is located on North 10th Street between Berry Street and Bedford Avenue.
Permits have been filed for an eight-story apartment building at 41-26 44th Street in Sunnyside, Queens. Located between Skillman Avenue and 43rd Avenue, the interior lot is eight blocks west of the 52 Street-Lincoln Avenue subway station, serviced by the 7 train. Stella Chen under the Lotus 89 LLC is listed as the owner behind the applications.
Work on 111 Varick Street’s reinforced concrete structure is making swift progress in Hudson Square, recently surpassing the first of several setbacks. Located at the northern corner of Varick Street and Broome Street, the future 27-story residential tower received a design update late last year, which can be seen in the featured image above. The rental project is being designed by S9 Architecture and developed by Madigan Development. It will contain 100 affordable and market-rate units, as well as ground-floor retail space. CM & Associates is in charge of construction.
Construction has reached street level at 11 Avenue C, aka 350 East Houston Street, a future ten-story mixed-use building designed by Rotwein+Blake Architects with SLCE as the architect of record. The structure will rise about 110 feet high and yield just under 50,000 square feet of space. Of this, 4,100 square feet will be dedicated to commercial use and 38,162 square feet to residential space divided among 45 apartments, averaging over 800 square feet apiece. The project is being developed by BLDG Management.