Commercial

542 Atlantic Avenue Nears Topping Out in Boerum Hill, Brooklyn

7:30 am on July 4, 2021 By Michael Young

Construction is approaching topping out on 542 Atlantic Avenue, an 11-story residential building in Boerum Hill, Brooklyn. Alternately addressed as 533 Pacific Street, the 90,000-square-foot project is designed by Issac & Stern Architects and developed by Sterling Town Equities, which purchased the property in 2019 for $28 million, and will yield 43 condominiums and two four-story townhouses. The development is rising on a through-block parcel between Third Avenue to the west, Pacific Street to the south, and Fourth Avenue to the east, and is a short walk from Barclays Center and Downtown Brooklyn.

Developers Close on $223M Financing Package for Sendero Verde Phase Two in East Harlem

7:00 am on July 4, 2021 By Sebastian Morris

Jonathan Rose Companies, L+M Development Partners, and Acacia Network recently closed on a $223 million financing package to complete the second and final phase of Sendero Verde. The complex is located on Madison Avenue between East 111th and East 112th Streets in East Harlem and spans a full city block.

Plank Road’s Façade Nears Completion at 662 Pacific Street in Prospect Heights, Brooklyn

8:00 am on July 3, 2021 By Michael Young

Exterior work is nearing completion on Plank Road, a 27-story residential building at 662 Pacific Street in Prospect Heights, Brooklyn. Formerly addressed as 37 Sixth Avenue, 495 Dean Street, and 664 Pacific Street, the 209,451-square-foot structure is designed by Marvel Architects and developed by The Brodsky Organization and will bring 312 rental units to the Pacific Park complex. The rectangular parcel is located between Dean and Pacific Streets.

18 Sixth Avenue’s Glass Façade Installation Wraps Up in Prospect Heights, Brooklyn

8:00 am on July 2, 2021 By Michael Young

Curtain wall work is getting close to completion on 18 Sixth Avenue, a 49-story residential skyscraper in Prospect Heights, Brooklyn. Designed by Perkins Eastman and developed by The Brodsky Organization and Greenland Forest City Partners, the 532-foot-tall, 740,000-square-foot building will yield 858 rental units, of which 258 will be dedicated to affordable housing. The project towers over the adjacent Barclays Center and is the tallest building in the 22-acre Pacific Park master plan. The rest of the development will be constructed atop the currently exposed train tracks to the east that run parallel with Atlantic Avenue. Lemay + Escobar is designing the interiors, including the main lobby, the apartments, the corridors, the outdoor terrace and the amenities.

Rendering of residential buildings on the New Jersey Performing Arts Center campus. Courtesy of Skidmore, Owings & Merrill

New Jersey Performing Arts Center Unveils Plans to Build Residential Developments on its Newark Campus

7:00 am on July 2, 2021 By Vanessa Londono

The New Jersey Performing Arts Center (NJPAC) in Newark has big plans to diversify its campus with residential developments and a dining venue, as well as the construction of an arts and education center. The proposed buildings are part of the performing center’s goal to become a city lifestyle destination and further the cultural hub’s impact on the downtown neighborhood. L + M Development Partners has teamed up with NJPAC and Larchmont for the 7.3-acre campus expansion. Skidmore, Owings & Merrill is responsible for the design of the buildings and streetscapes. NJPAC purchased the property from the state of New Jersey in December 2018.

Updated rendering of 1045 Atlantic Avenue - TOTEM; dencityworks

Community Board Unanimously Approves 1045 Atlantic Avenue in Bed-Stuy, Brooklyn

7:30 am on July 1, 2021 By Sebastian Morris

This week, Brooklyn’s Community Board 3 unanimously approved proposals to construct a new mixed-use affordable housing property at 1045 Atlantic Avenue in Bedford-Stuyvesant, Brooklyn.

534-536 3rd Avenue in Murray Hill, Manhattan

Demo Permits Filed for 534-536 Third Avenue in Murray Hill, Manhattan

6:30 am on July 1, 2021 By Vanessa Londono

Full demolition permits have been filed for 534-536 Third Avenue in Murray Hill, Manhattan. Robert Gilardian of Gilar Realty is listed as the owner under the Third Avenue Pavilion Residences LLC. Located at the intersection of Third Avenue and East 36th Street, the 9,875-square-foot site has approximately 99 feet of street frontage.

1 Boerum Place Apartments. All images courtesy of NYC Housing Connect

One Boerum Place Nears Completion in Downtown Brooklyn

8:00 am on June 30, 2021 By Michael Young

Exterior work is nearing completion on One Boerum Place, a 22-story residential building in Downtown Brooklyn. Designed by SLCE Architects and developed by Avery Hall Investments, Allegra Holdings, and Aria Development Group, the $250 million project will yield 96 apartments designed by Gachot Studios. Nancy Packes, Inc. has launched leasing for the homes, which range from one- to four-bedroom layouts with access to a wide range of amenities. One Boerum Place is bound by Boerum Place to the west, Fulton Street to the north, and Red Hook Lane to the east.

Site map of 31st Street rezoning in Astoria, Queens

Developers Reveal Major Rezoning Proposal for Mixed-Use Corridor in Astoria, Queens

7:30 am on June 30, 2021 By Sebastian Morris

A trio of local developers is working in collaboration to rezone and redevelop a large swath of 31st Street in Astoria, Queens. The area comprises 24 adjacent lots and four distinct development sites between Hoyt Avenue North and 23rd Road.

540 Fulton Street, designed by Marvel Architects

The Paxton’s Curtain Wall Continues Installation at 540 Fulton Street in Downtown Brooklyn

8:00 am on June 29, 2021 By Michael Young

Exterior work is continuing on The Paxton, a 511-foot-tall mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 43-story, 330,000-square-foot building will yield 327 residential units, 71,844 square feet of commercial space, and 22,054 square feet of retail in the podium. M.N.S. is handling sales and marketing for the homes, which range from studios to three-bedroom layouts. The property is located at the intersection of Flatbush Avenue and Fulton Street.

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