Downtown Brooklyn

540 Fulton Street, designed by Marvel Architects

The Paxton Nears Completion at 540 Fulton Street in Downtown Brooklyn

By Michael Young

At number 25 on our December countdown of the tallest buildings under construction in the New York area is The Paxton, a 43-story mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 511-foot-tall structure will yield 330,000 square feet with 327 residential units in studio to three-bedroom layouts, as well as 137,075 square feet of office space and 33,000 square feet of retail space in the multi-story podium. M.N.S. is handling sales and marketing for the residential component of the property, which is located by the intersection of Flatbush Avenue and Fulton Street.

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625 Fulton Street Rises Above Street Level in Downtown Brooklyn

By Michael Young

At number 26 on our year-end countdown of the tallest structures underway in New York is 625 Fulton Street, a 35-story mixed-use skyscraper currently rising in Downtown Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group, which secured $450 in construction financing from Madison Realty Capital to complete the project, the 500-foot-tall structure will yield 1,098 units, 26,000 square feet of retail space, and a parking garage for up to 250 vehicles. Galaxy Developers is the general contractor for the property, which is bound by the 34-story 80 DeKalb Avenue to the north, Fulton Street to the south, Rockwell Place to the east, and Hudson Avenue to the west.

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Demolition Nearly Complete for 43-Story Skyscraper at 356 Fulton Street in Downtown Brooklyn

By Michael Young

At number 27 on our year-end countdown is 356 Fulton Street, a 43-story mixed-use skyscraper in Downtown Brooklyn. Designed by MdeAS Architects and SLCE Architects and developed by Extell, who paid and signed an $85.9 million long-term ground lease to take over the site from The Feil Organization, the 496-foot-tall structure will yield 475,000 square feet with 421 residential units and 100,000 square feet of commercial retail space. Titan Industrial SVC Corp. is in charge of demolition at the property, which has two more buildings to tear down, and is located at the corner of Fulton Street and Red Hook Lane.

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Alloy Block’s 100 Flatbush Avenue Continues Ascent in Downtown Brooklyn

By Michael Young

Number 29 on our December construction countdown is 100 Flatbush Avenue, a 44-story residential building in the two-tower Alloy Block development in Downtown Brooklyn. Designed and developed by Alloy Development, the 482-foot-tall structure will yield 441 units with 45 residences dedicated to affordable housing. Urban Atelier Group is the general contractor for the property, which is bound by Flatbush Avenue to the northeast, Third Avenue to the northwest, and State Street to the southwest.

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Excavation Progresses for 34-Story Skyscraper at 15 Hanover Place in Downtown Brooklyn

By Michael Young

Excavation is moving along at 15 Hanover Place, the site of a 34-story residential skyscraper in Downtown Brooklyn. Designed by Fogarty Finger and developed by Lonicera Partners, for which Cushman & Wakefield arranged $134 million in construction financing from Santander and City National Bank, the 463-foot-tall structure will span 70,734 square feet and yield 314 apartments with 95 reserved for affordable housing, as well as 9,000 square feet of ground-floor retail space. Noble Construction Group is serving as the general contractor for the property, which was formerly addressed as 23 Hanover Place and is located at the corner of Livingston Street and Hanover Place.

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