Melio is the first company to join Zero Irving, Union Square’s vertical technology campus and small business incubator. The fintech firm’s new office space will occupy 25,000 square feet spread across the building’s 15th and 16th floors.
Permits have been filed for a ten-story mixed-use building with affordable housing at 1638 Park Avenue in East Harlem, Manhattan. Located at the intersection of East 116th Street and Park Avenue, the corner lot is one block west of the 116 Street subway station, serviced by the 6 train. Bernard McNamee of Affect Property Group is listed as the owner behind the applications.
Work is continuing on the topped-out Brooklyn Tower, a 1,066-foot residential supertall at 9 DeKalb Avenue in Downtown Brooklyn and number six on our December countdown. Designed by SHoP Architects and developed by JDS, the 93-story tower holds the title of the tallest structure in the Outer Boroughs and will yield a total of 550 residences, with 150 for purchase, as well as a 100,000-square-foot retail podium bound by Flatbush Avenue Extension to the northeast, Fleet Street to the northwest, and DeKalb Avenue to the south. The Brooklyn Tower complex also includes the refurbishing and repurposing of the landmarked Dime Savings Bank of Brooklyn, which is being incorporated into the podium. Douglas Elliman is serving as the exclusive marketing, sales, and leasing agent. Thirty percent of rentals are designated as affordable housing units, and residences for purchase start over 500 feet above street level.
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.
Mayor Bill de Blasio recently announced a $40 million allocation of funds to restore the historic Children’s Pool and the former Rose Garden in Prospect Park’s Vale of Cashmere. The capital fund is the largest single allocation for maintenance, upkeep, and restoration since 1867, when Brooklyn’s most historic park first opened to the public.