Permits have been filed for a seven-story mixed-use building at 600 Crown Street in Crown Heights, Brooklyn. Located between Albany Avenue and Troy Avenue, the lot is near the Utica Avenue subway station, serviced by the 2, 3, and 4 trains. Chaim Drizin of Preminger Land LLC is listed as the owner behind the applications.
Permits have been filed for a four-story school building at 88-40 179th Place in Jamaica, Queens. Located between 90th Avenue and Hillside Avenue, the lot is adjacent to PS 95 school and steps from the 179th Street subway station, serviced by the E and F trains. New York City School Construction Authority is listed as the owner behind the applications.
At number 12 on our year-end countdown of the tallest buildings under construction in New York is 27-48 Jackson Avenue, a 69-story residential skyscraper in Long Island City‘s Court Square district and the future tallest building in Queens. Designed by Perkins Eastman and developed by Building Orchard LLC, the 811-foot-tall structure will yield 635,000 square feet with 818 units, as well as 11,700 square feet of retail space and a two-story parking garage. Triton Construction Company is the general contractor for the property, which is alternately addressed as 43-01 Queens Street and located along Jackson Avenue between Queens and Orchard Streets.
Construction has partially topped out on The Borden Complex, a five-story industrial building at 23-30 Borden Avenue in Long Island City, Queens. Designed by KSS Architects for Innovo Property Group, which acquired the property for $75 million with Atalaya Capital Management and Nan Fung Group, the 166-foot-tall structure will span 840,000 square feet and house logistics and warehouse space featuring truck courts, a distribution center, two stories of film and television studios, office space, and on-site vertical parking. Earlier this summer, IPG closed on a $435 million loan from Starwood Property Trust and JPMorgan to refinance the development. March Associates Construction is the general contractor for the project, which is located between Borden Avenue and Newton Creek. HLW is the designer of the studio facility within the building.
NineDot Energy, one of the leading developers of community-accessible clean energy projects in the New York City region, has secured an $85 million loan for 11 new projects in The Bronx, Staten Island, Queens, and Long Island. The funding supports the completion of battery storage facilities that will provide sources of redundant, clean energy to existing grid infrastructure during peak demand, which helps avoid costly outages and unexpected service interruptions.
