Commercial

Demolition Begins at 207-221 West 84th Street on Manhattan’s Upper West Side

7:30 am on March 19, 2023 By Michael Young

Demolition is getting underway at 207-221 West 84th Street, the site of an 18-story residential building on Manhattan’s Upper West Side. Designed by Hill West Architects and developed by Naftali Group, which purchased the assemblage of properties for $71 million last year, the new 209-foot-tall structure will yield 154,598 square feet with 45 condominium units spread across 151,700 square feet, as well as 2,898 square feet of ground-floor retail space, a cellar level, and 17 enclosed parking spaces. The project spans nearly 250 feet from the corner of Broadway to the middle of the block.

Rendering of 50 Sussex Avenue - INOA Architecture

Developers Close on $50M for 15-Story Rental Building at 50 Sussex Avenue in Newark, New Jersey

7:00 am on March 19, 2023 By Sebastian Morris

Tona Development and KS Group have closed on a $49.9 million construction loan to complete a new rental building at 50 Sussex Avenue in Newark, New Jersey. Designed by INOA Architecture, the building will top out at 15 stories and contain a mix of 203 apartments and 2,000 square feet of ground-floor retail space.

Demolition Finishes at 1357 Second Avenue on Manhattan’s Upper East Side

8:00 am on March 18, 2023 By Michael Young

Demolition is wrapping up at 1357 Second Avenue, the site of a 21-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Developed by The Chetrit Group, which purchased the property for $47.2 million in 2018, the 230-foot-tall structure will yield 54 apartments spread across 150,000 square feet and 5,700 square feet of commercial space. The development also includes a four-story, 40-foot-tall annex that will yield an additional inventory of affordable housing units. CF East 72 Owner LLC is the owner and RIG Kingland Services is the general contractor for the project, which is located at the corner of Second Avenue and East 72nd Street.

New Construction Permits Filed for 52-Story Skyscraper at 589 Fulton Street in Downtown Brooklyn

7:00 am on March 18, 2023 By Vanessa Londono

Full permits have been filed for a 52-story mixed-use skyscraper at 589 Fulton Street in Downtown Brooklyn. Bound by Fulton Street, DeKalb Avenue, and Flatbush Avenue, the lot is steps from the Dekalb Avenue subway station, serviced by the B, Q and R trains. The Witkoff Group is listed as the owner behind the applications.

Excavation Begins for Rolex Headquarters Tower at 665 Fifth Avenue in Midtown, Manhattan

8:00 am on March 17, 2023 By Michael Young

Excavation is underway for the new Rolex headquarters, a 28-story commercial building at 665 Fifth Avenue in Midtown. Designed by David Chipperfield Architects and developed by the Rolex Realty Company, the 419-foot-tall structure will yield 199,000 square feet of office and retail space for the world-famous watchmaker. Pavarini McGovern is the general contractor for the project, which is located at the corner of Fifth Avenue and East 53rd Street.

Phase Two of The Mint Nears Completion at 84 Monroe Street in Rahway, New Jersey

7:30 am on March 17, 2023 By Sebastian Morris

The second and final phase of The Mint is on track to debut this spring at 84 Monroe Street in Rahway, New Jersey. Developed in partnership by Fields Grade and The Slokker Group and designed by Minno Wasko Architects and Planners, the two-building property will eventually comprise 225 rental apartments.

135 East 47th Street, aka Monogram New York, Progresses With Facade Installation, in Midtown East, Manhattan

8:00 am on March 16, 2023 By Michael Young

Façade installation is progressing on 135 East 47th Street, a 35-story residential skyscraper, named Monogram New York, in Midtown East. Designed by Ismael Leyva Architects and developed by Navigation Capital Group, the 500-foot-tall structure will yield 191 condominium units in studio to two-bedroom layouts, as well as 5,000 square feet of ground-floor retail space. Cauldwell Wingate is in charge of constructing the tower, which is located between Lexington and Third Avenues. Anthology Group is the hospitality partner, while Shanghai-based Neri & Hu is the interior designer.

Aerial rendering of 330 West 42nd Street - MdeAS Architects

Partial Commercial-to-Residential Conversion Revealed for McGraw-Hill Building in Midtown, Manhattan

7:30 am on March 16, 2023 By Sebastian Morris

Resolution Real Estate has revealed plans for a partial residential conversion of the McGraw-Hill Building, a 33-story landmarked tower at 330 West 42nd Street in Midtown, Manhattan. The announcement comes on the heels of the firm’s recent completion of a major renovation of the building’s commercial spaces. MdeAS Architects is leading the office and residential conversions, with SLCE Architects designing all apartment layouts.

Permits Filed for 731 Liberty Avenue in East New York, Brooklyn

6:30 am on March 16, 2023 By Vanessa Londono

Permits have been filed for a four-story mixed-use building at 731 Liberty Avenue in East New York, Brooklyn. Located between Linwood Street and Essex Street, the lot is two blocks north of the Shepherd Avenue subway station, serviced by the C train. Einav Gelberg under the 731 Liberty Avenue LLC is listed as the owner behind the applications.

Excavation Progresses at 126 East 57th Street in Midtown East, Manhattan

8:00 am on March 15, 2023 By Michael Young

Excavation is progressing at 126 East 57th Street, the site of a 28-story residential building on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall structure will yield 147 condominium units spread across 170,000 square feet with interiors by Gabellini Sheppard, as well as 5,000 square feet of lower-level retail space. WSP USA is the engineer and Plaza Buildings is the general contractor for the project, which is being constructed on an L-shaped parcel at the corner of East 56th Street and Lexington Avenue. The narrow panhandle section of the building’s footprint will extend north to East 57th Street. ODA is also in charge of designing the interiors.

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