Commercial

Work Continues on ‘The Summit’ Observatory Atop One Vanderbilt in Midtown East

8:00 am on December 28, 2020 By Michael Young

Work is moving along on the observatory in One Vanderbilt, a 1,401-foot-tall commercial supertall in Midtown East and number four on our countdown of the tallest buildings under construction in the city. Designed by Kohn Pedersen Fox and developed by SL Green, the 77-story skyscraper occupies a full-block parcel immediately to the west of Grand Central Terminal. Though the $1.4 billion property has been officially open since its ribbon-cutting ceremony in mid September, the indoor-outdoor observatory dubbed The Summit isn’t due to welcome the public until October 2021.

Revamped Design For Foster + Partners’ Two World Trade Center Awaits Reveal, In Financial District

8:00 am on December 27, 2020 By Michael Young

Number five on YIMBY’s end-of-year countdown is Two World Trade Center, aka 200 Greenwich Street, a 1,350-foot-tall office skyscraper and the last major component of the 16-acre World Trade Center complex. Earlier this year, it was announced that Norman Foster of Foster + Partners would return as the architect for project, which is being developed by Larry Silverstein, head of Silverstein Properties. However, the highly anticipated revamped design of Foster’s original 2006 proposal has yet to be revealed.

The Spiral Approaches Topping Out at 66 Hudson Boulevard in Hudson Yards

8:00 am on December 25, 2020 By Michael Young

Work is approaching topping out on 66 Hudson Boulevard, aka The Spiral, a 1,041-foot-tall commercial supertall in Hudson Yards and number seven on YIMBY’s December construction countdown. Designed by Bjarke Ingels Group and developed by Tishman Speyer, the skyscraper occupies a full block between Tenth and Eleventh Avenues and 34th and 35th Streets and will yield 2.85 million square feet of office space. Turner Construction Company is serving as the construction manager, Banker Steel is in charge of manufacturing the steel, and Permasteelisa is the contractor for the glass enclosure for the 66-story project, which is expected to cost $3.7 billion.

900 Castle Hill Avenue's proposed massing

40,000-Square-Foot Development Proposed for 900 Castle Hill Avenue in Unionport, The Bronx

7:30 am on December 25, 2020 By Sebastian Morris

Developers have revealed proposals to construct a new five-story mixed-use building at 900 Castle Hill Avenue in the Unionport section of The Bronx. However before construction can proceed, city officials will need to approve zoning amendments to allow for increased residential density and multiple commercial spaces.

Housing Lottery Launches for 2633 Ocean Avenue in Sheepshead Bay, Brooklyn

7:00 am on December 25, 2020 By Vanessa Londono

The affordable housing lottery is open for 2633 Ocean Avenue Apartments, an eight-story mixed-use development at 2633 Ocean Avenue in Sheepshead Bay, Brooklyn. The 53,304-square-foot corner building is designed by Zproekt Architects and developed by Michael Lilikakis, and will yield a total 60 units in a mix of studios and one- and two-bedroom units. Available on NYC Housing Connect are 18 apartments for residents at 130 percent of the area median income, ranging in eligible income from $56,572 to $159,640.

50 Hudson Yards’ Concrete Core Reaches 1,011-Foot-Tall Pinnacle, in Hudson Yards

8:00 am on December 24, 2020 By Michael Young

Construction of the concrete core appears to have topped out at 50 Hudson Yards, a 1,011-foot-tall commercial supertall in Hudson Yards and number eight on our countdown of the tallest buildings in progress in the New York metropolitan area. Designed by Norman Foster of Foster + Partners and developed by Related Companies with Oxford Properties, the 58-story skyscraper will yield 2.9 million square feet of office space, making it the largest building by volume in the first phase of the Hudson Yards master plan.

Permits Filed for 52 4th Avenue in Boerum Hill, Brooklyn

6:30 am on December 24, 2020 By Vanessa Londono

Permits have been filed for a nine-story mixed-use building at 52 4th Avenue in Boerum Hill, Brooklyn. Located at the intersection of Dean Street and 4th Avenue, the corner lot is one block from the Atlantic Avenue/Barclays Center subway station, serviced by the 2, 3, 4, 5, B, D, N, Q, and R trains. RJ 4th Avenue LLC is listed as the owner behind the applications.

Stapleton Site A on Staten Island's North Shore

Affordable Housing Coming to North Shore of Staten Island

7:00 am on December 23, 2020 By Vanessa Londono

The city’s Department of Housing Preservation and Development has released a request for affordable housing proposals for the north shore of Staten Island. The RFP would use 108,000 square feet of land owned by the city for a mixed-use development with 100 percent affordable housing and community amenities and services.

Two Manhattan West Steadily Ascending in Midtown West

8:00 am on December 22, 2020 By Michael Young

Construction is rising steadily at Two Manhattan West, a 935-foot-tall commercial skyscraper in Midtown West and number ten on our countdown of the tallest projects under construction in New York. Designed by Skidmore Owings & Merrill and developed by Brookfield, the 58-story structure is rising directly to the south of the completed One Manhattan West, its 996-foot-tall fraternal twin. Two Manhattan West is rising at the corner of West 31st Street and Ninth Avenue and will feature the same architectural design like its northern sibling with yield 2 million square feet of office space at an expected cost of $2 billion.

Mixed-Use Balton Commons Brings Affordable Housing to 267 West 126th Street in Harlem

6:30 am on December 22, 2020 By Vanessa Londono

Last week, private equity real estate fund manager Red Stone Equity Partners celebrated the closing of financing for Balton Commons, a $19-million mixed-use development currently under construction at 267 West 126th Street in Harlem, Manhattan. Developed in partnership with Lemor Development Group and Apex Building Group, the seven-story building will have 4,500 square feet of tech incubator space managed by non-profit Silicon Harlem, 1,200 square feet of ground-floor commercial space, 1,350 square feet of community facility space, and 37 residential units dedicated to mixed-income affordable housing for residents between 30 and 90 percent of the area median income.

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