Façade Work Progresses on 69 Adams Street in DUMBO, Brooklyn

8:00 am on February 20, 2023 By Michael Young

Exterior work is progressing on 69 Adams Street, a 26-story residential building in DUMBO, Brooklyn. Designed by Fariba Makooi of Fischer + Makooi Architects and developed by The Rabsky Group, the 280-foot-tall structure will span 258,200 square feet and yield 225 units in studio to two-bedroom layouts, as well as 60 feet of retail frontage, a 25-foot-long rear yard, and 61 parking spaces. Galaxy Developers is the general contractor for the property, which is bound by Front Street to the north, York Street to the south, the elevated Manhattan Bridge roadway to the east, and Adams Street to the west.

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128 East 28th Street Stands Complete in NoMad, Manhattan

7:30 am on February 20, 2023 By Michael Young

Construction has wrapped up on 128 East 28th Street, an eight-story residential building in NoMad, Manhattan. Designed by TRA Studio for Sinha Development, the 80-foot-tall structure spans 28,000 square feet and yields ten condominium units in two-bedroom to three-bedroom penthouse layouts, as well as ground-floor retail space marketed by Newmark. ES Builders Group was the general contractor for the project, which is located between Lexington Avenue and Park Avenue South. Douglas Elliman Development Marketing Group is handling sales and marketing for the residential component.

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Daytime view of Riverdale Osborne Towers

Developers Close on $100M Refinance for Riverdale Osborne Towers in Brownsville, Brooklyn

7:00 am on February 20, 2023 By Sebastian Morris

The Community Preservation Corporation (CPC) and Proto Property Services have closed on a $100 million refinance for Riverdale Osborne Towers, a 525-unit affordable housing complex in Brownsville, Brooklyn. The partners plan to use the financing to complete extensive renovations and facility modernization throughout the complex, which is addressed as 420-440 Watkins Street. The funds will also ensure the property remains financially stable and preserves long-term affordability for residents.

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Hotel Indigo Completes Construction at 50 Trinity Place in Financial District, Manhattan 

8:00 am on February 19, 2023 By Michael Young

Construction is complete on 50 Trinity Place, a 28-story Hotel Indigo in the Financial District. Designed by Peter Poon Architects and developed by FIT Investment Corporation, the 311-foot-tall structure yields 77,310 square feet and 173 guest rooms. Cauldwell Wingate was the general contractor for the Lower Manhattan project, which is located at the southwest corner of Trinity Place and Rector Street, diagonally across from Trinity Church.

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