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Rendering of 1440 amsterdam Avenue designed by The Gluck Architectural Collaborative

Developers Land $32M Loan for Affordable Housing Tower at 1440 Amsterdam Avenue in West Harlem, Manhattan

7:00 am on November 1, 2022 By Sebastian Morris

Grid Group and Lekas Realty have closed on a $32 million construction loan to complete a high-rise affordable housing property in West Harlem. Located at 1440 Amsterdam Avenue, the property will top out at 26 stories and yield 393 rental apartments, an Associated supermarket on the ground floor, and an enclosed parking garage. The latter includes roughly 120 rent-restricted units, 25 percent of which will be prioritized for current NYCHA residents.

Below-Grade Work Progresses for Kohn Pedersen Fox’s 64 University Place in Greenwich Village, Manhattan

8:00 am on October 31, 2022 By Michael Young

Excavation and foundation work is underway at 64 University Place, the site of an 11-story residential building in Greenwich Village. Designed by Kohn Pedersen Fox and developed by Bsafal, the 125-foot-tall, 55,000-square-foot structure will yield 28 condominium units with sales and marketing led by Fredrik Eklund and John Gomes of the The Eklund ǀ Gomes Team at Douglas Elliman Real Estate, as well as a community facility and ground-floor retail space. SPACE Copenhagen is the interior designer, Deborah Nevins is the landscape designer, and CNY Group is the general contractor for the property, which is located between East 10th and East 11th Streets. Ancora Enginerring is the SOE and foundations engineer and McNamara Salvia is the structural engineer.

Rendering of 1520 First Avenue in Upper East Side, Manhattan - Extell Development

Extell Lands $425M Loan for 30-Story Tower at 1520 First Avenue on Manhattan’s Upper East Side

7:00 am on October 31, 2022 By Sebastian Morris

Extell Development Company has closed on $425 million construction loan to complete a mixed-use high-rise at 1520 First Avenue on Manhattan’s Upper East Side. The 30-story building will include a mix of medical and commercial office space with frontage along East 80th and East 81st Streets.

625 Fulton Street’s Foundations Reach Street Level in Downtown Brooklyn

8:00 am on October 29, 2022 By Michael Young

Construction is set to go vertical 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 structure will yield 1,098 units, 26,000 square feet of retail space, and a parking garage for up to 250 vehicles. Galaxy Developers is the general contractor for the property, which is 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.

425 Park Avenue. Rendering by Dbox, courtesy of Foster + Partners

425 Park Avenue Celebrates Grand Opening in Midtown East, Manhattan

8:00 am on October 28, 2022 By Michael Young

YIMBY attended the official opening ceremony of 425 Park Avenue, a 47-story commercial skyscraper in Midtown East and the first new full-block building to be built along Park Avenue’s Plaza District in nearly half a century. Designed by Norman Foster of Foster + Partners and developed by L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 897-foot-tall structure yields 667,000 square feet of column-free Class A office space with design flexibility and panoramic views up and down Park Avenue. Adamson Associates Architects was the architect of record, WSP was the structural and MEP engineer, R&R Scaffolding provided the BMU, and Tishman Construction was the construction manager for the project, which is located between East 55th and East 56th Streets.

540 Fulton Street, designed by Marvel Architects

The Paxton’s Façade Nears Completion at 540 Fulton Street in Downtown Brooklyn

8:00 am on October 27, 2022 By Michael Young

Exterior work is nearing completion on The Paxton, a 43-story mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 511-foot-tall tower will yield 330,000 square feet with 327 residential units in studio to three-bedroom layouts, 137,075 square feet of commercial space, and 33,000 square feet of retail space in the multi-story podium. M.N.S. is handling sales and marketing for the residential component of the property, which is located by the intersection of Flatbush Avenue and Fulton Street.

50 Hudson Yards Celebrates Grand Opening in Hudson Yards, Manhattan

8:00 am on October 26, 2022 By Michael Young

Last Wednesday, developers Related Companies, Mitsui Fudosan America, and Oxford Properties celebrated the grand opening of 50 Hudson Yards, a 78-story supertall commercial skyscraper in Hudson Yards. Designed by Foster + Partners, the 1,011-foot-tall structure is the largest building by volume in the first phase of the Hudson Yards complex and the fourth-largest in the city overall, yielding 2.9 million feet of office space. ArcelorMittal provided the steel components, R&R Scaffolding provided the BMU equipment, Langan Engineering is the civil and environmental engineer, and WSP is the structural and MEP engineer for the $3.8 billion project, which occupies a full block bound by West 34th Street to the north, West 33rd Street to the south, Tenth Avenue to the east, and Hudson Boulevard to the west.

Rendering of 3Thirty3 at 333 Huguenot Street

3Thirty3 Residential High-Rise Debuts at 333 Huguenot Street in New Rochelle

7:30 am on October 26, 2022 By Sebastian Morris

The Cappelli Organization was recently joined by local officials to celebrate the completion and grand opening of 3Thirty3, a new high-rise residential tower in New Rochelle. Located at 333 Huguenot Street, the 28-story building features 285 apartments and a collection on indoor-outdoor amenity spaces.

1841 Broadway’s Façade Takes Shape on Manhattan’s Upper West Side

8:00 am on October 25, 2022 By Michael Young

Façade work is continuing on 1841 Broadway, a 25-story residential tower on Manhattan’s Upper West Side. Designed by INC Architecture & Design with SLCE Architects as the architect of record and developed by Global Holdings Management Group, the 281-foot-tall, 180,813-square-foot structure will yield 173 market-rate and affordable housing units, and 11,741 square feet of retail space on the first two levels. Pavarini McGovern is the general contractor and DeSimone Consulting Engineers is the façade consultant for the property, which is located at the corner of Broadway and West 60th Street, just north of Columbus Circle and the southwest corner of Central Park.

141 Willoughby Street Wraps Up Construction in Downtown Brooklyn

8:00 am on October 24, 2022 By Michael Young

Construction is nearing completion on 141 Willoughby Street, a 24-story commercial building in Downtown Brooklyn. Designed by Fogarty Finger with SLCE as the executive architect and developed by Savanna Real Estate, the structure will yield 400,000 square feet of Class A offices and lower-level retail space. Gilbane Building Company and Savcon are the general contractors, Thornton Tomasetti is the structural engineer, and AKF Group is the MEP engineer for the property, which stands on a trapezoidal plot bound by Willoughby Street to the south, Flatbush Avenue Extension to the east, and Gold Street to the west.

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