171 North 1st Street Nears Completion in Williamsburg, Brooklyn

7:30 am on October 16, 2022 By Michael Young

Exterior work is nearing completion on 171 North 1st Street, a seven-story residential building in Williamsburg, Brooklyn. Designed by Fogarty Finger and developed by Gemini Rosemont under the North First Street LLC, the 70-foot-tall structure will yield 59 units spread across 49,802 square feet as well as 29 enclosed parking spaces. Broadway Construction Group is the general contractor of the property, which is located between Bedford and Driggs Avenues.

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Pilings Underway for 731-Foot Skyscraper at 43-30 24th Street in Long Island City, Queens

8:00 am on October 15, 2022 By Michael Young

Below-grade work is progressing at 43-30 24th Street, the site of a 66-story residential skyscraper in Long Island City, Queens. Designed by Hill West Architects and developed by Carmel Partners, the 731-foot-tall tower will yield 921 units spread across 838,000 square feet and 17,400 square feet of ground-floor retail space. The developer purchased the 79,250-square-foot full-block parcel from Stawski Partners for $200 million in March 2022 and secured a $364 million construction loan from Wells Fargo to complete the project. Carmel Construction East is the general contractor for the property, which is bound by 43rd Avenue to the north, 44th Road to the south, 24th Street to the east, and 23rd Street to the west.

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