The past few months have seen construction kick into high gear at several sites along and adjacent to the 57th Street corridor, and now 111 West 57th Street will join the pack. Interior demolition and excavation began last year, and now the tower’s crane has arrived on-site, signaling its impending verticality.
Triangle Equities is set to break ground this fall on a huge mixed-use project just behind the St. George Ferry Terminal in Staten Island, and YIMBY has new renderings of the hotel-retail-residential complex that will complement a proposed 630-foot-tall ferris wheel.
Crown Heights’ newest big rental building is inching toward the finish line at 505 St Marks Avenue between Franklin and Classon Avenues.
Back in 2014, YIMBY revealed renderings of Heatherwood Communities’ planned 58-story, 477-unit residential tower at 42-12 28th Street, in Long Island City, at the same time excavation was starting. Now, the project is up to its tenth floor, according to The Court Square Blog. Glass installation has also started, and completion of the tower, dubbed 28 On 28th, is expected in 2017. Goldstein Hill & West is the architect, and $154 million in financing was provided by PNC Bank in May.
Ocean Avenue is lined with large, detached single-family homes on deep lots, making it incredibly attractive to developers who want to construct mid-rise apartment buildings in low-slung sections of southern Brooklyn. Last week, one of those developers filed an application to build a six-story residential project at 2503 Ocean Avenue, on the border between Madison and Sheepshead Bay.
