Commercial

Redesign Revealed for 45 Broad Street in Manhattan’s Financial District

8:00 am on March 5, 2023 By Michael Young

YIMBY spotted a series of new exterior renderings for 45 Broad Street, a long-stalled site located in the Financial District of Lower Manhattan. Originally designed by CetraRuddy and developed by Madison Equities and Gemdale Properties, the formerly planned 1,115-foot supertall residential skyscraper appears to have a new and shorter undisclosed architectural height with a completely new design by Handel Architects. Lendlease will be the general contractor and take over from Pizzarotti LLC for the ground-up development, which will have 221,000 square feet of rentable space, 302 units most likely being condominiums, and 52 floors built atop a narrow interior lot between Exchange Place and Beaver Street.

155-165 West 29th Street Nears Completion in Chelsea, Manhattan

7:30 am on March 5, 2023 By Michael Young

Construction is nearing completion on 155-165 West 29th Street, a 17-story self-storage facility in Chelsea, Manhattan. Designed by Mancini Duffy and developed by Highland Development Ventures and The Davis Companies, the 223-foot-tall reinforced concrete structure will yield 180,000 square feet and 6,300 storage units. The developers acquired the interior rectangular in early 2021 for $62.5 million, and construction costs are estimated around $84 million. Div West 29th Street LLC is the owner, Cauldwell Wingate is the contractor, and McNamara Salvia is the structural engineer for the property, which is located between Sixth and Seventh Avenues.

Daytime rendering of NY Vue in Bayonne, New Jersey

Renderings Reveal NY Vue, Tallest Building in Bayonne, New Jersey

7:00 am on March 5, 2023 By Sebastian Morris

The City of Bayonne in New Jersey has approved proposals to construct the first phase of NY Vue, a 26-story residential tower set to become the city’s tallest structure. The tower is planned to take shape on a 155,000-square-foot parcel at the intersection of Chosin Few Way and 40th Street near the Hudson River waterfront.

Permits Filed for 1024 Manhattan Avenue in Greenpoint, Brooklyn

7:00 am on March 4, 2023 By Vanessa Londono

Permits have been filed for a seven-story mixed-use building at 1024 Manhattan Avenue in Greenpoint, Brooklyn. Located between Freeman Street and Green Street, the lot is five blocks north of the Greenpoint Avenue subway station, serviced by the G train. Witold Brend under the Marria LLC, Matta LLC, Mettis LLC is listed as the owner behind the applications.

Rendering of 2300 Cropsey Avenue - Michael Kang Architect

2300 Cropsey Avenue’s Façade Nears Completion in Gravesend, Brooklyn

8:00 am on March 2, 2023 By Michael Young

Exterior work is nearing completion on 2300 Cropsey Avenue, a 23-story mixed-use tower in Gravesend, Brooklyn. Designed by Michael Kang Architect and developed by Cropsey Partners LLC, the structure spans 329,522 square feet and will yield 154 rental units spread across 220,000 square feet, as well as an ambulatory center and a supermarket. Wave Construction is the general contractor for the property, which is located at the intersection of Cropsey and 23rd Avenues, adjacent to the Belt Parkway.

Rendering of 44-01 Northern Boulevard - Hill West Architects

Developers Secure $165M to Complete 354-Unit Building at 44-01 Northern Boulevard in Astoria, Queens

7:30 am on March 2, 2023 By Sebastian Morris

Cantor Fitzgerald and Silverstein Properties have secured $165 million in construction financing to complete a 351-unit apartment building currently under construction in Astoria, Queens. The property is located at 44-01 Northern Boulevard and will also contain around 25,000 square feet of retail space, 200 parking spots, and 20,000 square feet of tenant amenities.

Demolition Begins for 68-Story Skyscraper at 100 West 37th Street in Midtown, Manhattan

8:00 am on March 1, 2023 By Michael Young

Demolition is underway at 100 West 37th Street, the site of a 68-story mixed-use skyscraper in the Garment District of Midtown, Manhattan. Designed by C3D Architecture and developed by Sioni Group under the 989 Sixth Realty LLC, the 743-foot-tall structure will span 384,118 square feet and yield 300 condominium units spread across 297,301 square feet, as well as 86,817 square feet of commercial space and two cellar levels. Northeast Specialist Group is the demolition contractor for the property, which is alternately addressed as 989-993 Sixth Avenue and is located at the corner of Sixth Avenue and West 37th Street.

Permits Filed for 4804 13th Avenue in Borough Park, Brooklyn

6:30 am on March 1, 2023 By Vanessa Londono

Permits have been filed to expand a two-story structure into a four-story mixed-use building at 4804 13th Avenue in Borough Park, Brooklyn. Located near the intersection of 13th Avenue and 48th Street, the lot is near the 50th Street subway station, serviced by the D train. Shlomie Bierman of GB Mens Clothing is listed as the owner behind the applications.

Daytime view of the Garment District in Manhattan - Courtesy of Mark Zhu, Stock Photo Contributor

New York State Awards $4.5M to Manhattan’s Garment District to Support Neighborhood Revitalization

7:00 am on February 28, 2023 By Sebastian Morris

Manhattan’s Garment District is the latest neighborhood to receive an award from the NY Forward program, a state-funded initiative that supports strategic revitalization plans across New York. The $4.5 million award will specifically support local efforts to create a robust economic district with attractive investment opportunities, engaging public spaces, and improved public safety.

Three-Tower Development at 2-20 and 2-21 Malt Drive Rises Above Hunters Point, Queens

8:00 am on February 27, 2023 By Michael Young

Construction is rising on 2-20 and 2-21 Malt Drive, a three-tower development in the Hunters Point South master plan in Hunters Point, Queens. Designed by SLCE Architects and developed by TF Cornerstone, the project consists of a 34-story, 390-foot-tall structure that will yield 575 units at 2-20 Malt Drive and a two-tower design at 2-21 Malt Dive composed of a 38-story, 440-foot-tall high-rise and a 25-story, 310-foot-tall building. A final unit count for 2-21 Malt Drive has yet to be announced. Bud North LLC and Bud South LLC are the general contractors for 2-21 and 2-20 Malt Drive, respectively, which will rise from a subdivided plot bound by 54th Avenue to the north, Newton Creek to the south, and 2nd Street to the west.

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