RAL Development

124 East 14th Street, image by Davis Brody Bond

Construction Begins on Union Square Tech Training Center at 124 East 14th Street

City agencies have kicked off construction on a 21-story “tech hub” at 124 East 14th Street in Manhattan, just east of Union Square. Known officially as the Union Square Tech Training Center, the project is poised to accelerate the diversification of New York City’s technology sector through the provision of education facilities, vocational training, and on-site resources for local start-ups.

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Quay Tower, MOSO Studio

New Close-Up Revealed For 28-Story “Quay Tower” Coming to Brooklyn Bridge Park

A new close-up rendering has been revealed of the Brooklyn Bridge Park condominium project, now officially known as Quay Tower. The 28-story building will be located at the southern end of Pier 6, in Brooklyn Bridge Park, along the East River. The project, designed by ODA Architecture’s Eran Chen, will offer residents permanently unobstructed views of the Manhattan skyline, New York Harbor, East River, as well as the Brooklyn and Manhattan Bridges.

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124 East 14th Street

High-Tech Office Building Planned at 124 East 14th Street, Union Square

The New York City Economic Development Corporation has selected RAL Development Services to develop a high-tech office building at 124 East 14th Street, near Union Square. Civic Hall, an organization that describes itself as a “collaborative innovation center,” will anchor the new building, Politico reported. It’s unclear whether the project will include other uses. The 15,450-square-foot site, occupied by a vacant, two-story commercial building, can accommodate up to 92,700 square feet of commercial space. An additional 46,350 square feet of space could be built as residential or community facility space. Demolition permits have not been filed.



Pier 6

Updated Two-Tower, 266-Unit Mixed-Income Residential Project Approved for Pier 6, Brooklyn Heights

Last month, news broke that the city, with selected developers RAL Development and Oliver Realty Group and architect ODA New York, would be moving forward with a two-building residential project at Brooklyn Bridge Park’s Pier 6, in southern Brooklyn Heights, without the support of the Empire State Development Corporation (ESD). Yesterday, the Brooklyn Bridge Park Corporation voted to approve the updated project, Curbed NY reports. The latest plans call for a 28-story, 126-unit market-rate condominium tower and a 12-story, 140-unit mixed-income rental building, where 100 of the rental apartments will rent at below-market rates, according to the Wall Street Journal. One of the buildings will feature a public restroom, but there’s no mention of any commercial components. Construction is expected to begin in the first half of 2017. As part of the deal, the city will receive a one-time payment of $115 million followed by $2.7 million per year.


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