Retail

71 Prince Street Nears Topping Out in Downtown Brooklyn

8:00 am on June 29, 2024 By Michael Young and Matt Pruznick

Construction is close to topping out on 71 Prince Street, a 31-story residential building in Downtown Brooklyn. Designed by Aufgang Architects and developed by Maddd Equities, the $132 million project is expected to span 436,600 square feet and yield 465 rental units, 4,000 square feet of retail space, and 40 to 50 enclosed parking spots. Brooklyn Red Sauce LLC is listed as the owner of the property, which is alternately addressed as 202 Tillary Street and located on a 19,500-square-foot L-shaped parcel with frontages on Prince and Tillary Streets.

1487 First Avenue Tops Out Over Manhattan’s Upper East Side

8:00 am on June 26, 2024 By Michael Young

Construction has topped out on 1487 First Avenue, a 35-story residential building on Manhattan’s Upper East Side. Designed by Hill West Architects and developed and built by Carmel Partners, which purchased the property from Robert Chou for $73.5 million in early 2022, the 404-foot-tall structure will yield 206 condominium units, 7,120 square feet of ground-floor retail space, and a cellar level. CP VII 78th Street Owner is the owner of the property, which is located at the southwestern corner of First Avenue and East 78th Street.

Updated Renderings Revealed For Foster + Partners’ PENN15 Supertall Proposal in Midtown, Manhattan

8:00 am on June 25, 2024 By Michael Young and Matt Pruznick

A new series of renderings has been released for PENN15, a proposed commercial supertall skyscraper at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the project’s scope was recently reduced from 56 to 50 stories and 1,200 feet to 1,000 feet, and will now yield 2.2 million square feet of office space, down from 2.7 million. The property is located along Seventh Avenue between West 32nd and 33rd Streets, directly across from Penn Station.

The Brook Tops Out At 589 Fulton Street in Downtown Brooklyn

8:00 am on June 24, 2024 By Michael Young and Matt Pruznick

Construction has topped out on The Brook, a 51-story residential skyscraper at 589 Fulton Street in Downtown Brooklyn. Designed by Beyer Blinder Belle and developed by Witkoff Group and Apollo Global Management, the 575-foot-tall structure will span 557,973 square feet and yield 591 rental units with an average scope of 827 square feet, with 30 percent of the inventory reserved for affordable housing, as well as 68,693 square feet of retail space, a cellar level, and two floors of recreational and sports amenities. Bonetti Kozerski is the interior designer and Suffolk Construction is the general contractor for the project, which is bound by DeKalb Avenue to the north, Fulton Street to the south, Flatbush Avenue diagonally to the east, and Bond Street to the west.

Construction Nears Topping Out At 98 Dekalb Avenue in Fort Greene, Brooklyn

7:30 am on June 24, 2024 By Michael Young

Construction is on the verge of topping out on 98 Dekalb Avenue, a 610-foot-tall residential skyscraper in Fort Greene, Brooklyn. Designed by SLCE Architects and developed by Rockrose Development, the 49-story structure will span 418,092 square feet and yield 609 residential units and 3,775 square feet of commercial space. The property is alternately addressed as 180 Ashland Place and located at the corner of Dekalb Avenue and Ashland Place.

Chelsea Canvas Wraps Up Construction At 280 West 24th Street in Chelsea, Manhattan

8:00 am on June 23, 2024 By Michael Young and Matt Pruznick

Construction is wrapping up on Chelsea Canvas, a 14-story mixed-use building at 280 West 24th Street in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 175-foot-tall structure spans 132,700 square feet and will yield 190 rental apartments in studio to three-bedroom layouts, as well as 33,000 square feet of retail space on the ground floor and cellar levels. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project, which was formerly addressed as 278 Eighth Avenue and is located along Eighth Avenue between West 23rd and West 24th Streets.

Work Continues on One High Line’s Public Plaza, Retail Space at 500 West 18th Street in Chelsea, Manhattan

7:30 am on June 23, 2024 By Michael Young and Matt Pruznick

Work is progressing on the public plaza and ground-floor retail space at One High Line, a two-tower residential development at 500 West 18th Street in Chelsea, Manhattan. Designed by Bjarke Ingels Group and developed by Witkoff Group and Access Industries, the twisting 36- and 26-story structures will span combined 900,000 square feet and yield 236 condominium units in one- to five-bedroom layouts, as well as a hotel component operated by Faena Hotel and ground-floor retail space. The property is alternately addressed as 76 Eleventh Avenue and stands adjacent to the High Line on a trapezoidal plot bound by West 18th Street to the north, West 17th Street to the south, Tenth Avenue to the east, and West Street to the west.

Updated rendering of 200 East 20th Street

200 East 20th Street Nears Completion in Gramercy Park, Manhattan

8:00 am on June 19, 2024 By Michael Young

Construction is wrapping up on 200 East 20th Street, a 19-story residential building in Gramercy Park, Manhattan. Designed by CetraRuddy and developed by Tidhar Group Ltd., the 210-foot-tall structure will span 82,800 square feet and yield 52 condominium units in one- to three-bedroom layouts with an average scope of 1,260 square feet, as well as 2,730 square feet of retail space. The property is located at the southeast corner of East 20th Street and Third Avenue.

126 East 57th Street Climbs Higher Above Midtown East, Manhattan

8:00 am on June 18, 2024 By Michael Young and Matt Pruznick

Construction continues to rise on 126 East 57th Street, a 28-story residential tower on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall structure will yield 147 condominium units with an average scope of 1,156 square feet, as well as 5,000 square feet of lower-level retail space. The property is located at the corner of East 56th Street and Lexington Avenue, with a narrow panhandle extension to East 57th Street.

Foundations Underway For 273 Fifth Avenue in NoMad, Manhattan

7:30 am on June 17, 2024 By Michael Young and Matt Pruznick

Below-grade work is underway at 273 Fifth Avenue, the site of a five-story mixed-use building in NoMad, Manhattan. Designed by C3D Architecture and developed by B&R Global Services, LLC, the structure will yield four residential units and ground-floor retail space. The property is located on a narrow interior lot between East 29th and East 30th Streets.

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