Retail

Rendering of 2856 Webster Avenue - Douglaston Development

12,000-Square-Foot Supermarket Revealed for New Affordable Housing Complex in Bedford Park, The Bronx

7:00 am on July 28, 2021 By Sebastian Morris

The next phase of development at 2856 Webster Avenue, a new affordable housing complex in Bedford Park, The Bronx will introduce a sprawling new grocery store operated by Cherry Valley Marketplace. The retailer has committed to operate under guidelines established New York City’s Food Retail Expansion to Support Heath (FRESH) program, which promotes the establishment and retention of grocery stores that dedicate required selling space to perishable food items within underserved communities.

Aerial render of Queens Plaza Park looking west towards Manhattan, from The Durst Organization

Sven Wraps Up Construction at 29-37 41st Avenue in Long Island City, Queens

8:00 am on July 27, 2021 By Michael Young

It looks like construction is coming to a close on Sven, a 762-foot-tall skyscraper at 29-37 41st Avenue and the second-tallest building in Long Island City, Queens. Also known as Queens Plaza Park, the 67-story tower is designed by Handel Architects for The Durst Organization and will yield 958 rental units with interiors designed by Selldorf Architects, including 300 units set aside as affordable housing. Hunter Roberts is the general contractor and Jaros, Baum & Bolles Engineering administered the mechanical systems for the project, which is bound by Northern Boulevard to the east, Queens Plaza North and Dutch Kills Green to the south, and 41st Avenue to the west.

Rendering of Terminal Warehouse at 11th Avenue (Credit: COOKFOX)

$1.25B Financing Package Secured to Complete Terminal Warehouse Redevelopment in Chelsea, Manhattan

7:00 am on July 27, 2021 By Sebastian Morris

L&L Holding Company and Columbia Property Trust have successfully closed on $1.25 billion in construction financing to complete a commercial overhaul of Terminal Warehouse in Chelsea, Manhattan. Led by COOKFOX Architects, the property will eventually house a mix of Class A office suites, retail space, and dining area.

173-175 Chrystie Street Progresses Behind Scaffolding on Manhattan’s Lower East Side

7:30 am on July 25, 2021 By Michael Young

Work is progressing behind scaffolding on 173-175 Chrsytie Street, a topped-out ten-story residential building on Manhattan’s Lower East Side. Designed by ODA Architects and developed by Nexus Building Development Group, Inc., the 25,500-square-foot-structure will yield 13 units ranging from two- to three-bedroom layouts, as well as 1,537 square feet of ground-floor retail space. The structure stands opposite Sara D. Roosevelt Park and immediately to the north of two other current residential buildings from the same design and development team, 167 Chrystie Street and 165 Chrystie Street.

Rendering of Union Square Tech Training Center at 124 East 14th Street

Zero Irving Nears Completion at 124 East 14th Street in Union Square, Manhattan

7:30 am on July 24, 2021 By Michael Young

Work is nearing completion on Zero Irving, a 21-story mixed-use building at 124 East 14th Street in Union Square. Designed by Davis Brody Bond and developed by RAL Development, as well as financial partners Junius Real Estate Partners and Suffolk Construction, the 176,000-square-foot edifice stands topped out and will open as an affordable and market-rate office building for technology firms with a range of amenities. Zero Irving is located along East 14th Street between Broadway to the west and Third Avenue to the east. Leasing is now underway with JLL as the exclusive marketing agent.

Stevens Institute Of Technology’s Expansion Nears Completion In Hoboken, New Jersey

8:00 am on July 23, 2021 By Michael Young

Construction is almost complete on Stevens Institute of Technology‘s new two-tower Student Housing and University Center in Hoboken, New Jersey. Designed by Design Collective and Wallace Roberts and Todd, the 392,000-square-foot structure is comprised of 16- and 18-story towers rising from a 70,000-square-foot podium, and is the largest expansion in the institute’s history. The new building will accommodate 994 students, bringing Stevens’ cumulative resident capacity up to 3,500. The project is located along the Hudson River waterfront and is expected to cost $256 million.

Rendering of 258-278 8th Avenue - Courtesy of JJ Operating

Lenders Confirm $183M Financing Package for 258-278 Eighth Avenue in Chelsea, Manhattan

7:30 am on July 23, 2021 By Sebastian Morris

Square Mile Capital and Pacific Western Bank are set to provide $183 million in construction financing for a 12-story mixed-use property at 258-278 Eighth Avenue in Chelsea, Manhattan. A new Target retail store will occupy 28,000 square feet of the building’s lower levels. Above these floors, the development will house 190 rental apartments and associated amenities.

New Renderings Released for The Alloy Block at 80 and 100 Flatbush Avenue, in Downtown Brooklyn

8:00 am on July 20, 2021 By Michael Young

A new series of street-level and aerial renderings have been revealed for The Alloy Block, a two-tower mixed-use development designed and developed by Alloy Development and located at 80 Flatbush Avenue and 100 Flatbush Avenue on the border of Downtown Brooklyn and Boerum Hill. Renderings depict the 482-foot-tall 100 Flatbush Avenue, a 44-story edifice being built in phase one at the corner of Flatbush Avenue and State Street, which will be the city’s first all-electric tower.

23-20 Jackson Avenue’s Scaffolding Begins Disassembly in Long Island City, Queens

7:30 am on July 20, 2021 By Michael Young

Exterior work is nearing completion on 23-20 Jackson Avenue, a nine-story mixed-use building in Long Island City, Queens. Designed by KSQ Architects and developed by The Vorea Group, the project will yield 85,851 square feet with retail space, offices, and a 72-room hotel operated by San Francisco-based hotelier Sonder Corp. The property is located at the intersection of Jackson Avenue and Pearson Street.

Rendering of 425 Grand Concourse - Courtesy of Dattner Architects

425 Grand Concourse Will Debut as the Country’s Largest Passive House High-Rise, in Mott Haven, The Bronx

7:00 am on July 19, 2021 By Sebastian Morris

The Bronx will soon be home to the country’s largest Passive House high-rise development. Located at 425 Grand Concourse in Mott Haven, the 26-story building will create 277 units of affordable housing, a neighborhood supermarket, a community health center, a cultural center, and a 30,000-square-foot educational facility for CUNY’s Hostos Community College.

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