Excavation has begun for One Boerum Place in Downtown Brooklyn. The upcoming ground-up, mixed-use condominium tower will rise 21 stories on a narrow, triangular-shaped plot of land. The site is bound by Boerum Place, Red Hook Lane, and Fulton Street. SLCE Architects is the designer while Avery Hall Investments, Allegra Holdings, and Aria Development Group are the developers. The joint venture team was recently able to acquire a $165 million construction loan from Jutland Finance. The total cost of One Boerum Place is expected to be around $250 million.
A new mixed-use tower within the billion-dollar Essex Crossing development has officially topped out above the Lower East Side, Manhattan. Located at 180 Broome Street, the 26-story tower is designed by Handel Architects and will eventually contain 175,000 square feet of office space, 263 rental units, and 27,000 square feet of retail area. The building is expected to complete by the end of 2020, while the full Essex Crossing project is planned to wrap up by 2024.
Permits have been filed for a 24-story mixed-use building at 160-05 Archer Avenue in Jamaica, Queens. Located between 160th Street and Union Hall Street, the corner lot is two blocks east of the Jamaica Center-Parsons/Archer subway station, serviced by the E, J, and Z trains. Hugo Corvalan of Shorewood Real Estate Group is listed as the owner behind the applications.
Permits have been filed for a 10-story apartment building at 14 2nd Avenue in the East Village, Manhattan. Located between Chrystie Street and East 1st Street, the interior lot is steps away from the 2nd Avenue subway station, serviced by the F train. Daniel Vislocky of Station Companies is listed as the owner behind the applications.
Construction at 130 William Street is two floors from topping out over the Financial District. The upcoming condominium tower is the first project in New York City by Sir David Adjaye of Adjaye Associates. Hill West Architects is the architect of record while Lightstone Group is the developer. The 66-story development will rise 800 feet tall and yield 244 units marketed by Corcoran Sunshine.