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The Axel Wraps Up Construction at 550 Clinton Avenue in Clinton Hill, Brooklyn

Construction is wrapping up on The Axel, a 30-story mixed-use building at 550 Clinton Avenue on the border of Clinton Hill and Prospect HeightsBrooklyn. Designed by Morris Adjmi Architects and developed by Hope Street Capital, the 280,000-square-foot tower yields 284 apartments and 60,000 square feet of retail space in the multi-story podium. Triumph Property Group is managing leasing for the apartments and JLL is in charge of leasing the commercial space at the property, which is bound by Atlantic Avenue to the south, Clinton Avenue to the east, and Vanderbilt Avenue to the west.

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Excavation Underway for 360 Bowery Office Tower in NoHo, Manhattan

Excavation and foundation work are in full swing at 360 Bowery, the site of a 22-story commercial building in Noho, Manhattan. Designed by Morris Adjmi Architects and developed by AECOM-Canyon Partners under the ACEF-CBSKI 360 Bowery LLC, the 275-foot-tall structure will yield 112,617 square feet with 72,151 square feet of office space, 26,637 square feet of community facility space, and a cellar. SK Development of CBSK Ironstate are the owners and CM & Associates is the general contractor for the property, which is located at the corner of Bowery and East 4th Street.

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FÖRENA’s Façade Nears Completion at 540 Sixth Avenue in Chelsea, Manhattan

Exterior work is wrapping up on FÖRENA, a 12-story residential building at 540 Sixth Avenue in Chelsea. Designed by Morris Adjmi Architects and developed by Landsea Homes and DNA Development, the 80,000-square-foot structure will yield 50 units in one- to three-bedroom layouts marketed by Fredrik Eklund and John Gomes of The Eklund Gomes Team and The Tuinstra Davis Team at Douglas Elliman, with pricing starting at $1.575 million. Ryder Construction is the general contractor for the property, which is located at the corner of West 14th Street and Sixth Avenue.

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