Yet another residential skyscraper is in the works at 570 Fulton Street in Downtown Brooklyn, and today YIMBY has an update on site progress. The main elevation of the existing three-story, low-rise building is now sitting behind construction netting and scaffolding, and it will soon be demolished to make way for the planned 40-story mixed-use replacement. Hill West Architects is the designer of the project, while David Schwarz of Slate Property Group will develop the structure. Office and retail space is reportedly going to be in the lower section of the 550-foot tall development.
Leasing has officially launched for a new, two-towered development by The Durst Organization in Astoria, Queens. Located at 10 Halletts Point, the 22 and 19-story towers are just the first components of a sprawling, seven-building development that will eventually comprise 2.4 million square feet. It will include more than 2,100 apartments, affordable housing, a public waterfront esplanade, and retail area.
Downtown Brooklyn‘s ever-expanding skyline is set for yet another major imminent addition with the impending rise of 540 Fulton Street. Set to stand 511 feet tall with 327 residential units, the tower will certainly make an impact on the surrounding neighborhood. Designed by Marvel Architects and developed by Jenel Management, the 42-story project will span close to 333,000 square feet. About 96,600 square feet will be allocated towards commercial space, while nearly 236,900 square feet will be used for the residential component.
JLL Capital Markets recently announced the successful acquisition of a $36.7 million loan to facilitate the construction of a new, mixed-use condominium building in Manhattan. Located on the border of Flatiron and Chelsea, the building’s official address is 128-130 West 23rd Street, and the project is already under construction.
Rising from a narrow, rectangular-shaped corner lot in Tribeca, the curtain wall for 108 Chambers Street is now revealing itself as work on the project continues to make quick progress. The building is being designed by Woods Bagot Architects, and developed by Greystone Development.