Global real estate brokers Cushman & Wakefield appear to be on the hunt for a new owner or developer for a uniquely positioned assemblage in Bed-Stuy, Brooklyn. Located at 1215 Fulton Street, the T-shaped site offers frontage on both Halsey and Fulton Streets, with a sizable interior portion extending East between residential structures on both North and Southern boundaries.
Construction is now underway on a Phase I of a sprawling, mixed-use development in Coney Island, Brooklyn. Located at 1709 Surf Avenue, the complex will eventually deliver 1,000 residential units, 150,000 square feet of retail space, and around 80,000 square feet of office area.
Dozens of construction workers are quickly laying steel rebar and concrete for the foundations and lower floors of 1 Willoughby Square in Downtown Brooklyn. Located at 420 Albee Square, the 34-story, 495-foot-tall, 500,000 square foot Class-A office tower is being developed by JEMB and designed by FXCollaborative. It broke ground in February, and sits directly across the street from the City Point residential and retail complex to the west.
Standing just to the north of the iconic XYZ Buildings in Midtown Manhattan, 1271 Avenue of the Americas, aka the Time-Life Building, is currently undergoing a major transformation of its exterior curtain wall, outdoor plaza, landmarked lobby space, and mechanical makeup of the elevators and MEP systems. Built in 1958, Rockefeller Group Development Corporation is bringing the building into the twenty-first century by bringing on Pei Cobb Freed & Partners Architects LLP to helm the refurbishment of the 48-story office tower, which stands 587 feet to its rooftop.
At the beginning of 2018, One Vanderbilt Avenue was only just rising above its retail podium. While it was as wide as it would ever be, it was hard to imagine the inevitable future height that the Midtown has already reached. When complete, the supertall will be the fourth tallest skyscraper in New York City, competing with the Billionaires Row and FiDi Supertalls, and now it’s finally piercing the Midtown plateau. Work is about three or four floors below the 808-foot-tall Metlife building, meaning One Vanderbilt is well past half its full height of 1,401 feet. Hines and SL Green are responsible for the development.
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