Construction is set to begin on the new floors at One Madison Avenue, a 27-story office tower expansion in Manhattan’s Flatiron District. Designed by Kohn Pedersen Fox for SL Green, the project involves the gut renovation of the existing eight-story building and structural addition above its roof level, bringing the structure up to 1.4 million square feet of Class A office space. The National Pension Service of Korea and Hines are also part of the development team and acquired $1.25 billion in construction financing for the property, which occupies a full block bound by East 23rd and 24th Streets and Madison Avenue and Park Avenue South.
The Bayonne Planning Board has granted preliminary approvals for developers to construct what will be the largest mixed-use complex in the New Jersey waterfront city. Known as Peninsula at Bayonne Harbor, the development will comprise 1,250 residential units, 10,000 square feet of retail space, parking for 788 vehicles, a landscaped public park, and a waterfront promenade.
Permits have been filed for a 10-story mixed-use building with affordable housing at 284 4th Avenue in Gowanus, Brooklyn. Located between Carroll Street and 1st Street, the lot is two blocks from the Union Street subway station, serviced by the R train. Francis Leung of FKAL Management is listed as the owner behind the applications.
Permits have been filed for a seven-story residential building at 155 Clarkson Avenue in Prospect Lefferts Gardens, Brooklyn. Located between Bedford and Rogers Avenues, the lot is near the Winthrop Street subway station, serviced by the 2 and 5 trains. Mohammed Quashem Bhuyain of Reliant Electrical Contracting is listed as the owner behind the applications.
Construction has passed the halfway mark on 606 West 30th Street, a 42-story residential skyscraper in Hudson Yards. Designed by Ismael Leyva Architects and developed by Lalezarian Properties, the 545-foot-tall structure will yield 312,350 square feet, with 192,780 square feet of residential space and 14,240 square feet of commercial space. Hudson 37 LLC is the general contractor for the property, which is also known as Tower B in a two-skyscraper development alongside FXCollaborative and Douglaston Development‘s topped-out 601 West 29th Street. 606 West 30th Street is located between Eleventh Avenue and West Street, near the border with West Chelsea.