625 Fulton Street Reaches The Halfway Mark in Downtown Brooklyn

Construction has reached the halfway mark on 625 Fulton Street, a 35-story mixed-use tower in Downtown Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group with $450 million in construction financing from Madison Realty Capital, the 500-foot-tall structure will yield 1,098 residential units, 26,000 square feet of retail space, and an on-site parking garage for 250 vehicles. Galaxy Developers is the general contractor for the property, which is alternately addressed as 485 Hudson Avenue and bound by the 34-story 80 DeKalb Avenue to the north, Fulton Street to the south, Rockwell Place to the east, and Hudson Avenue to the west.

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Façade Installation Progresses on 15 Hanover Place in Downtown Brooklyn

Façade installation is progressing on 15 Hanover Place, a 34-story residential tower currently rising in Downtown Brooklyn. Designed by Fogarty Finger and developed by Lonicera Partners, for which Cushman & Wakefield arranged $134 million in construction financing from Santander and City National Bank, the 463-foot-tall structure will span 70,734 square feet and yield 314 apartments with 95 reserved for affordable housing, as well as 9,000 square feet of ground-floor retail space in the podium. Noble Construction Group is the general contractor for the property, which was formerly addressed as 23 Hanover Place and located at the corner of Livingston Street and Hanover Place.

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445 Carroll Street Nears Completion in Gowanus, Brooklyn

Construction is nearing completion on 445 Carroll Street, a four-story mixed-use building in Gowanus, Brooklyn. Designed by Opera Studio and developed and constructed by The Wooden Block Co., the 5,988-square-foot structure will yield a single 2,965-square-foot residential unit, 1,023 square feet of ground-floor commercial space, and a 2,000-square-foot cellar. The project is located on a 20-foot-wide plot between 3rd Avenue to the east and Nevins Street to the west.

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