YIMBY recently revealed the latest images for 125 Greenwich Street, which has continued to see minor modifications to its design. Though the tower’s foundation work has been completed for about two years, the site has sat fallow while searching for financing. The refreshed renderings came with recent news that the project secured a $450 million construction loan, and now, with financing secured and the plans for the building finalized, rebar is finally rising.
Back in February of 2016, YIMBY reported on new building applications for 22-12 Jackson Avenue, in Long Island City. The lot’s former occupant has since been demolished, and now excavators are beginning to dig away at the site, which will imminently host an 11-story and 175-unit condominium development, designed by ODA New York.
YIMBY has revealed two major projects coming to East New York in the past few months, on Loring Avenue and at 3301 Atlantic Avenue. While those developments will transform entire blocks, other smaller lots are now joining the neighborhood’s boom. Now, new job applications have been filed for a substantial project at 820 Glenmore Avenue, one block northeast of the C train’s Shepherd Avenue stop, totaling 77 units.
Astoria is increasingly playing host to massive new developments, but infill still predominates in the neighborhood, and new building applications have now been filed for 26-26 18th Street. Demolition permits for an existing two-story structure have not yet been filed, but architect Frank Petruso will be designing its replacement, which will rise four floors and 40 feet to its rooftop. The project will span just shy of 5,000 square feet, and be divided between seven units averaging about 700 square feet apiece, indicative of rentals. Salvatore Prainito is the site’s developer.
Among New York City’s developers, Extell has perhaps been the most active in building projects that soar sky-high. With the firm’s supertall at 217 West 57th Street well under construction and 252 South Street even farther along, work is now advancing on the company’s first Brooklyn skyscraper, which will become Citypoint’s third, and tallest, tower. The latest photos of progress come from YIMBY Forum user Streetscaper.