It was back in May of 2015 that YIMBY brought you a new rendering of the 21-story mixed-use development at the corner of Schermerhorn and Nevins streets in Downtown Brooklyn. Now, thanks to photos sent to us by our friend Tectonic, we can report that 319 Schermerhorn Street’s construction has nearly reached the half way mark.
JDS Development is already building a 1,400-foot-tall skyscraper at 111 West 57th Street, and now they’re getting ready to erect a rival supertall at 340 Flatbush Avenue Extension in Downtown Brooklyn. The latest set of permits show that the building will top out at 1,066 feet, beating any other tower planned or under construction in the borough.
YIMBY last checked in on the 32-story, 384-unit mixed-use building under construction at 286 Ashland Place, in Downtown Brooklyn, in November, when it was 24-stories-tall. Two Trees’ tower has now topped out, according to Curbed, and cladding is roughly 20 percent installed. The building will have 21,928 square feet of retail and 45,148 square feet of community space within its base, and of the residential units located above, 76 will be rented at below-market rates. Construction is expected to be finsihed over the summer, and move-ins are scheduled for the fall. TEN Arquitectos is behind the design.
The Feil Organization purchased the three-story, 28,000 square-foot office building at 356 Fulton Street, in Downtown Brooklyn, for $43 million just before New Year’s. The Midtown-based developer has not disclosed plans for the site, though it could accommodate a new mixed-use building with 87,000 and 104,000 square feet of residential and commercial space, respectively. The property was acquired from and was occupied by Capital One, according to The Real Deal.
Back in 2014, YIMBY reported on applications for a 25-story, 368-unit mixed-use building at 210 Livingston Street, in Downtown Brooklyn, and then this past October, developers Benenson Capital Partners and Rose Associates were working to land $158 million in construction loans. Real Estate Weekly reports the loan has closed, and in addition, has revealed the rendering for the project, which is being designed by Handel Architects. Seventy-four of the apartment units will be rented below market-rate, and nearly 20,000 square feet of retail space is planned on the ground and cellar levels. An 11-story office building was demolished back in 2014, and now that construction is imminent, completion is expected in late 2017.
