Residential

550 Vanderbilt Avenue

Façade Installation Underway at Pacific Park’s 17-Story, 278-Unit Condo Building, 550 Vanderbilt Avenue, Prospect Heights

11:00 am on May 16, 2016 By Reid Wilson

In December of 2015, YIMBY reported on the topping out of the 17-story, 278-unit residential building underway at 550 Vanderbilt Avenue, in Prospect Heights. Now, the structure, which is one of 17 buildings within the Pacific Park mega-development, is having its façade and windows installed, Brownstoner reports. The structure encompasses 359,625 square feet. It includes a 4,731-square-foot ground-floor retail component, and its residential units, which are condominiums, should average 1,173 square feet apiece. The units will come in studio to four-bedroom configurations. Amenities include a library, a lounge with outdoor terraces, a private dining room, a fitness center, a children’s playroom, a landscaped roof deck, an interior communal garden, and an underground parking garage. A partnership between Forest City Ratner Companies and Greenland USA are developing, while COOKFOX Architects is designing. Completion is expected later this year.

85 Jane Street

Plans Revealed for Five-Story, 12,000-Square-Foot Mansion at 85-89 Jane Street, West Village

10:00 am on May 16, 2016 By Reid Wilson

After billionaire Jon Stryker, of Stryker Corporation, purchased the two former industrial properties at 85-89 Jane Street, in the West Village, for $32 million in 2012, he is now moving forward with plans to redevelop the two- and one-story buildings into a 12,000-square-foot, single-family mansion. As currently proposed, the project would consist of a three-story base topped by a skinnier, two-story glass enclosure that would rise 90 feet in height. Much of the third level would feature an outdoor garden. As the site is located within the Greenwich Village Historic District, the Landmarks Preservation Commission (LPC) would have to approve of the design. Before the project goes before the LPC, it will be presented before Community Board 2, Curbed NY reports. TriBeCa-based Steven Harris Architects is behind the design.

45 Broad Street

New Look at 86-Story, 245-Unit Mixed-Use Supertall Tower, 45 Broad Street, Financial District

6:30 am on May 16, 2016 By Reid Wilson

Back in February, the first renderings were revealed of the planned 86-story, 245-unit mixed-use tower at 45 Broad Street, in the Financial District. The renderings originated from EB-5 materials, as the development team – Madison Equities, Pizzarotti-IBC, and AMS Acquisitions – is hoping to raise $75 million in financing through the program. Now, another rendering of the CetraRuddy-designed project has surfaced via YIMBY Forums, which depicts the tower when viewed from the north (looking southward down Broad Street). New buildings applications haven’t been filed yet, but the 1,100-foot-tall tower will encompass approximately 298,000 square feet. The first five floors should host 50,000 square feet of commercial space, while the apartments above should come in studio to three-bedroom layouts. There will also be 20,000 square feet of amenities. Groundbreaking is expected later this year, and completion is ambitiously scheduled for 2018.

33 Green Village Road

Ground Broken for Four-Story, 135-Unit Mixed-Use Project Madison Place at 33 Green Village Road, Madison, New Jersey

6:00 am on May 16, 2016 By Reid Wilson

In January, Kushner Real Estate Group and Mark Built Homes acquired, for $12 million from the borough, the five-acre development site at 33 Green Village Road, in the northern New Jersey community of Madison. Last week, the developers hosted a groundbreaking ceremony for their four-story, 135-unit mixed-use complex, dubbed Madison Place, TapIntoMadison reports. Planned is a 100-unit component called Rose Hall, which will host market-rate rental apartments, and a 35-unit component named Madison Place, which will contain condominiums. Rose Hall will also feature ground-floor commercial space for retail and restaurants, as well as a 3,000-square-foot community center. The site was previously occupied by the long-vacant Green Village Road School, which has since been demolished. Marchetto Higgins Stieve and landscape architecture firm Melillo + Bauer Associates are designing. Completion is expected in 2017. The complex will be located three blocks north of NJ Transit’s Madison station.

33-Story 44-26 Purves Street in Long Island City is Two-Thirds of the Way Up

4:00 pm on May 13, 2016 By Vitali Ogorodnikov

The 33-story residential building at 44-26 Purves Street has risen past the 20th floor on its way to its 374-foot-high pinnacle. The luxury rental apartment building is being jointly developed by Brause Realty and the Gotham Organization. Completion is expected in late 2017, when its glass-and-copper design will stand as one of the most distinguished in all of Long Island City.

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