A new rendering reveals what appears to be a 12-story glass commercial tower at 278 8th Avenue in Chelsea, Manhattan. The 40,000-square-foot property extends from West 23rd Street to West 24th Street and is owned by JJ Operating, who purchased 258-278 8th Avenue for $107 million in 2017.
Installation of the glass curtain wall is progressing on Zero Irving, a 21-story mixed-use building at 124 East 14th Street in Union Square. Designed by Davis Brody Bond and developed by RAL Development, the building will yield 240,000 square feet of affordable and market-rate office space for technology firms and amenities for occupants. Financial partners Junius Real Estate Partners and Suffolk Construction are also helping to develop the property, which is located along East 14th Street between Broadway to the west and Third Avenue to the east.
Façade work is nearing completion on 460 West 41st Street, a 164-foot-tall mixed-use building in Midtown West. Designed by FXCollaborative and developed by Covenant House, the structure will become the first supportive housing development by Covenant House in nearly 50 years, with help from for-profit entities Gotham Organization and Denham Wolf Real Estate Services. The 80,290-square-foot property is located between Eighth and Ninth Avenues and will yield 60 residential units averaging approximately 884 square feet, as well as a 53,053-square-foot community facility. The project is expected to cost $128 million.
Plans to construct a new three-story mixed-use residential building in Borough Park, Brooklyn are now under review by the NYC City Planning Commission. The property is located at 1776 48th Street and will contain five residential units and roughly 2,100 square feet of ground-floor retail. No parking spaces are proposed or required.
Exterior work is nearing completion on 799 Broadway, a 12-story office building in Greenwich Village. Designed by Perkins + Wills and developed by Columbia Property Trust, the 182-foot-tall structure will yield 180,000 square feet of commercial space marketed by JLL. The corner lot is located at the intersection of Broadway and East 11th Street, and was purchased by Normandy Real Estate Partners and Ares Management in 2016 for $101 million.