William Maklowe Company

Rendering of 120 Fifth Avenue in Park Slope, Brooklyn

120 5th Avenue Rises Above Street Level in Park Slope, Brooklyn

Construction is progressing on 120 5th Avenue, a six-story mixed-use building in Park Slope, Brooklyn. Designed by SLCE Architects and developed by William Macklowe Company and Senlac Ridge Partners, the 300,000-square-foot structure will yield 180 rental units, with 45 designated as affordable housing, as well as 45,000 square feet of commercial and retail space and Brooklyn’s first Lidl supermarket spanning 25,000 square feet. Noble Construction Group is the general contractor for the 1.8-acre property, which is alternately addressed as 680 Baltic Street and bound by 5th Avenue, Baltic Street, and Butler Street.

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328 East 61st Street Completes Construction on Manhattan’s Upper East Side

Construction is now finished on 328 East 61st Street, a six-story office building for Memorial Sloan Kettering on Manhattan’s Upper East Side. Designed by Daniel Goldner Architects and developed by LaSalle Investment Management, the low-rise edifice is located between First and Second Avenues with an architectural height of 82 feet tall and 72 feet to its roof. Inside the reinforced concrete structure is 61,740 square feet of newly built space, of which 49,750 square feet is dedicated to community facilities. William Macklowe Company recently sold its interest in the building for $95 million in mid-July. Cauldwell Wingate was the general contractor, DeSimone Consulting Engineers was the structural engineer, and 2L Engineering, D.P.C. handled the MEPs for the project.

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311 West 43rd Street

14-Story Scribner Printing Plant Building at 311 West 43rd Street Getting Office Renovation, Hell’s Kitchen

In December of 2015, William Maklowe Company and Principal Real Estate Investors acquired the 14-story, 190,000-square-foot former Scribner Printing Plant building – located at 311 West 43rd Street, in Hell’s Kitchen – for $107 million. Now, the owners are are renovating the former industrial property into modern office space, dubbed The Press, according to Commercial Observer. The renovations include a redesigned lobby, a new canopy over the entrance, new windows, and a top-down revitalization of the interior. Some of the vacant floors will see a more extensive overhaul, like the 12,749-square-foot eleventh floor, which will get a high-end kitchen, and glass conference rooms. Other upgrades include a penthouse lounge, equipped with a pantry, and an outdoor roof deck. Construction is expected to wrap up by the end of the summer. Currently, there’s about 80,000 square feet of vacant space in the building.


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