Commercial

Foundation Work Begins at 43-30 24th Street in Long Island City, Queens

Number 14 on our December countdown of the tallest buildings under construction in New York is 43-30 24th Street, 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 commercial retail space. The developer purchased the 79,250-square-foot full-block parcel from Stawski Partners for $200 million in March and later 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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Construction Breaks Ground at 14 White Street in Tribeca, Manhattan

Excavation has begun at 14 White Street, the site of a seven-story residential building in the Tribeca East Historic District. Designed in collaboration between NAVA and DXA Studios and developed by 14 White Street Property Owner LLC, the 30,000-square-foot structure will yield ten condominium units ranging from 1,200-square-foot two-bedroom homes to four-bedroom layouts spanning 4,000 square feet. Central is the general contractor for the property, which is bound by White Street to the south and Sixth Avenue to the east.

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One Journal Square Rendering. Courtesy of Woods Bagot

Excavation Progresses for One Journal Square Twin-Skyscraper Development in Jersey City, New Jersey 

The 15th-tallest building on our year-end countdown is One Journal Square, a two-tower residential and retail complex at 10 Journal Square Plaza in the Journal Square section of Jersey CityNew Jersey. Designed by Woods Bagot and developed by Kushner Real Estate Group, the $1 billion project comprises two 64-story, 710-foot-tall skyscrapers with 1,723 units above a shared podium with 40,000 square feet of retail space and an enclosed parking garage. The development will also include a public plaza. ADJ Construction is the general contractor for the property, which is located directly next to the Journal Square PATH Station and bound by Sip Avenue to the south and Bergen Avenue to the west.

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