Exterior work is wrapping up on 1245 Broadway, a 23-story commercial building in NoMad. Designed by Skidmore Owings & Merrill and developed by GDSNY and Sweden-based Klövern AB, the 318-foot-tall reinforced concrete structure will yield 200,000 square feet of office space with marketing and leasing handled by CBRE. StructureTech NY and Triton Construction are both in charge of building the Midtown, Manhattan property, which stands at the corner of West 31st Street and Broadway, a short walk from Koreatown, Herald Square, and Madison Square Park.
Construction is nearing topping out on 601 Baltic Street, a ten-story residential building in Gowanus, Brooklyn. Designed by Orlando Diaz of Form4 Design Studio PLLC and developed by Yiannes Einhorn of Einhorn Development Group, the 30,018-square-foot building will yield 25 units. Built By Grid LLC is the general contractor and King Contracting Group in charge of the brick and CMU work for the property, which is located at the corner of Baltic Street and Fourth Avenue.
Following a ground-up renovation of 711 Fifth Avenue, Michael Shvo of SHVO has revealed new plans to transform the upper levels of the building into an exclusive, members-only destination. Core Club, a global social club, has inked a 20-year lease with SHVO to occupy 60,000 square feet spread across four floors.
The affordable housing lottery has launched for 32-72 41st Street, a five-story residential building in Astoria, Queens. Designed by James Cleary Architecture and developed by Thomas Theofilotas, the structure yields 25 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $78,858 to $167,570.
Construction is getting closer to completion on 101 West 14th Street, a 13-story residential building in Chelsea, Manhattan. Alternately addressed as 531 Sixth Avenue, the reinforced concrete structure is designed by ODA Architecture and developed by Gemini Rosemont and will yield 44 condominium units as well as 5,830 square feet of ground-floor retail space for two tenants. Residential sales launched last year and are being led by Ryan Serhant of Nestseekers International’s Serhant Team, with prices starting at $1.35 million for one-bedroom units. Whitehall Interiors is in charge in interior designs and New Line Structures is the general contractor for the property, which is located at the northwest corner of West 14th Street and Sixth Avenue, just above the border with Greenwich Village.