Excavation and pilings work are underway at 50 Trinity Place in the Financial District, where a 28-story Aloft Hotel will soon rise. The corner property will yield 77,310 square feet and 173 rooms, with seven to eight rooms per floor. There will also be a ground-floor restaurant adjacent to the main lobby, as well as a fitness center on the second floor for hotel guests. The project is designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the Lower Manhattan property for $15 million from Sam Chang in 2012.
Condominium sales have launched for Milk Factory at 850 Metropolitan Avenue in East Williamsburg, following the residential conversion of the former Borden Dairy distribution facility. The development team has announced that occupancy is anticipated by the fall of 2019.
Permits have been filed for a seven-story mixed-use building at 43-34 53rd Street in Woodside, Queens. Located between Roosevelt Avenue and Queens Boulevard, the lot is one block south of the 52 Street-Lincoln Avenue subway station, serviced by the 7 train. Jaime Lopez of Skylimit Construction LLC is listed as the owner behind the applications.
YIMBY went to check on the construction progress at 185 Broadway, a new 31-story residential tower in the Financial District designed by FXCollaborative and developed by SL Green. The 260,000-square-foot mixed-use tower is located at the southwestern corner of Dey Street and Broadway, directly next to one of the entrances to the Fulton Street subway station. Pilings and excavation are currently happening.
Excavation and foundation work is nearing completion at 75 West Broadway, aka 61 Warren Street in Tribeca, the site of a forthcoming ten-story, 120-foot-tall residential complex. Located on the western edge of the parcel between Warren Street and Murray Street, the 55,000-square-foot project is being designed by BKSK Architects and developed by Cape Advisors and Forum Absolute Capital Partners.