Excavation has begun for One Boerum Place in Downtown Brooklyn. The upcoming ground-up, mixed-use condominium tower will rise 21 stories on a narrow, triangular-shaped plot of land. The site is bound by Boerum Place, Red Hook Lane, and Fulton Street. SLCE Architects is the designer while Avery Hall Investments, Allegra Holdings, and Aria Development Group are the developers. The joint venture team was recently able to acquire a $165 million construction loan from Jutland Finance. The total cost of One Boerum Place is expected to be around $250 million.
A new mixed-use tower within the billion-dollar Essex Crossing development has officially topped out above the Lower East Side, Manhattan. Located at 180 Broome Street, the 26-story tower is designed by Handel Architects and will eventually contain 175,000 square feet of office space, 263 rental units, and 27,000 square feet of retail area. The building is expected to complete by the end of 2020, while the full Essex Crossing project is planned to wrap up by 2024.
Set to appear again before the city’s Landmarks Preservation Commission, Morris Adjmi Architects has revised its proposal for a mixed-use development in Greenwich Village. The project scope includes a new six-story building at 38 West 8th Street and renovations to a neighboring structure at 177 MacDougal Street.
Permits have been filed for a seven-story mixed-use building at 967 East Gun Hill Road in Williamsbridge, The Bronx. Located between Colden Avenue and Paulding Avenue, the lot is five blocks east of the Gun Hill Road subway station, serviced by the 2 and 5 trains. Raja Rizwan of R & S Construction is listed as the owner behind the applications.
Excavation is well underway at Erik Ekstein’s latest development in Bushwick, Brooklyn. The property is located on the corner of Broadway and Palmetto Street, and according to Ekstein Development, the official address will be 8 Palmetto Street.