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.
Façade restoration work is wrapping up on 85 Tenth Avenue, an 11-story commercial building along the border of West Chelsea and the Meatpacking District. Originally designed by Albert G. Zimmerman and Associates and constructed in 1913 as a Nabisco factory, the structure now yields 635,000 square feet of office space managed by Related Companies and Vornado Realty Trust, as well as 40,500 square feet for a ground-floor restaurant. Archstone Builders is the general contractor for the project, which is bound by West 16th Street to the north, West 15th Street to the south, Tenth Avenue to the east, and West Street to the west.
Roc Nation, the entertainment agency founded by Jay-Z, is the latest partner to support a proposed casino at 1515 Broadway in Times Square, Manhattan. The project, currently known as Caesars Palace Times Square, was first announced by developer SL Green and Caesars Entertainment and could provide billions of dollars in tax revenue to New York City and New York State.
The affordable housing lottery has launched for 2733 East 12th Street, a seven-story mixed-use building in Sheepshead Bay, Brooklyn. Designed by Studio Gallos and developed by Eddie Yair, the structure yields 45 residences, 8,243 square feet of community facility space, and 24 parking spaces. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $69,086 to $187,330.
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.