Construction is complete on One Willoughby Square, a 36-story commercial skyscraper in Downtown Brooklyn. Designed by FXCollaborative and developed by JEMB Realty, the 495-foot-tall structure yields 500,000 square feet of Class A office space. Gilbane Building Company was the general contractor for the property, which is alternately addressed as 420 Albee Square and bound by Willoughby Street to the north, Albee Square West to the east, and Duffield Street to the west.
Work is complete on 22 Chapel Street, a 20-story residential building in Downtown Brooklyn. Designed by CetraRuddy and developed by Delshah Capital and OTL Enterprises, the 211-foot-tall structure spans 133,181 square feet and yields 180 apartments, with 25 designated for affordable housing, as well as a 5,000-square-foot branch of START Treatment & Recovery Center, New York’s largest independent drug treatment agency. The building also contains 2,000 square feet of ground-floor retail space. Titanium Construction Services was the general contractor for the property, which is bound by Chapel Street to the north, Cathedral Place to the south, Flatbush Avenue Extension to the east, and Jay Street to the west.
CBRE has originated a $12.3 million loan to facilitate an extensive capital improvement and remediation project at River View Towers in Hamilton Heights, Manhattan. Located at 626 Riverside Drive near Riverside Park, the 24-story Mitchell Lama property was completed in 1964 and comprises 385 affordable cooperative units.
The affordable housing lottery has launched for 1079 Lafayette Avenue, a four-story residential building in Bedford-Stuyvesant, Brooklyn. Designed by Sander Weiss’s Brooklyn-based Gelu Durus Musica and developed by 1079 Lafayette Holdings LLC, the structure yields 22 residences. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $187,330.
Construction is wrapping up on Sutton Tower, a 67-story residential skyscraper at 430 East 58th Street in the Sutton Place section of Midtown East. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate and JVP Management, the 850-foot-tall structure yields 121 units with sales and marketing led by Corcoran Sunshine Marketing Group. Lendlease is the general contractor for the property, which is located between Sutton Place South and First Avenue.