Construction is continuing to ascend on 270 Park Avenue, JPMorgan Chase‘s new 60-story supertall headquarters in Midtown East. Designed by Norman Foster of Foster + Partners and developed by Tishman Speyer, the 1,388-foot-tall skyscraper will yield 2.5 million square feet of office space and will set the record for the tallest New York City building to be fully powered by a hydroelectric power plant. 270 Park Avenue is rising on a full-block parcel bound by Park Avenue to the east, Madison Avenue to the west, East 47th Street to the south, and East 48th Street to the north.
Construction has passed the halfway mark on 413 Summit Avenue, a 19-story residential tower in the Journal Square section of Jersey City. Designed by Uforma and developed by Titanium Realty Group, the 125,000-square-foot structure will yield 148 units in studio to two-bedroom layouts, as well as 4,900 square feet of ground-floor retail space and on-site parking for 16 vehicles. The project is located on a plot between Sip Avenue to the north and Newkirk Street to the south, a short walk from the Journal Square PATH station with access to downtown Jersey City, the World Trade Center, Newport, Hoboken, Midtown, and Newark Penn Station.
TF Cornerstone has acquired The Berkley, a 95-unit rental property in North Williamsburg, Brooklyn. Located at 223 North 8th Street, the property comprises two mid-rise volumes connected by a shared podium and a 3,600-square-foot central courtyard.
Permits have been filed for a six-story residential building at 2753 Atlantic Avenue in East New York, Brooklyn. Located between Miller Avenue and Bradford Street, the lot is two blocks from the Van Siclen Avenue subway station, serviced by the J and Z trains. Mark Chulpayev of Atlantic Advantage LLC is listed as the owner behind the applications.
Construction is rising on the Frank J. Guarini Justice Complex, a massive new government building at 595 Newark Avenue in the Journal Square neighborhood of Jersey City, New Jersey. Designed by bridging architect Rafael Vinoly and design-builder Terminal Construction Corporation, the five-story structure will yield 24 courtrooms, jury assembly spaces, and new offices for the Hudson County prosecutor, the surrogate, and the sheriff, among others. The $345 million development will also house a 75-seat public food court, a self-help law library, a children’s play area, training spaces, and a 459-space parking garage. MAST Construction Services Inc. is the general contractor for the facility, which is rising from an extensive plot bound by Central Avenue to the west, Route 139 to the north, Oakland Avenue to the east, and Newark Avenue to the south. The developers are aiming for LEED Silver certification.