319 Schermerhorn Street

New Look: 319 Schermerhorn Street, Adam America’s 21-Story Downtown Brooklyn Condo Project

The last year has been somewhat tumultuous for 319 Schermerhorn Street, which was originally set to be developed a mysterious “SC Nevins LLC.” In April, it was announced that Adam America and the Naveh Shuster Group purchased the site, likely for over $30 million, and with the new ownership comes a new design, which YIMBY can now reveal thanks to a watchful tipster.

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5 Manhattan West

Cladding Installation Underway at Brookfield’s 5 Manhattan West, 450 West 33rd Street

Real Estate Weekly watched crews install the first few panels of the glassy curtain wall going in at Manhattan West‘s 450 West 33rd Street, the 16-story, 1.8-million square-foot behemoth located near Penn Station, which Brookfield Properties is renovating top-to-bottom. The transformation is costing $200 million, and this past November, the Wall Street Journal reported that JP Morgan Chase signed a 123,000 square-foot lease for one of the floors. REX Associates is designing, and completion is expected in 2016.

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