Retail

10-04 Borden Avenue Wraps Up Construction in Long Island City, Queens

7:30 am on May 26, 2024 By Michael Young

Construction is finishing up on 10-04 Borden Avenue, a three-story commercial building in Long Island City, Queens. Developed and built by The Vorea Group under the Borden Ave Opportunity Zone Business LLC, the 56,000-square-foot structure will feature New York City’s first iFLY indoor skydiving facility and a separate commercial space. The plot spans nearly half an acre by the three-way intersection of Borden Avenue, Vernon Boulevard, and Jackson Avenue.

New Renderings Revealed For ‘The Coney’ Casino Master Plan in Coney Island, Brooklyn

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

New renderings have been revealed for The Coney, a massive casino, hotel, and entertainment complex proposed for Coney Island, Brooklyn. Designed by FXCollaborative and developed by Saratoga Casino Holdings, Global Gaming Solutions, Legends, and Thor Equities, the project is the latest in the slew of New York City casino proposals vying for the coveted downstate gaming license. If realized, it would also bring a 32-story, 500-room hotel tower, a 2,500-seat concert venue, 90,000 square feet of meeting and event space, retail and dining establishments, and a public green space to the proverbial People’s Playground.

The Bold Nears Completion At 27-01 Jackson Avenue in Long Island City, Queens

8:00 am on May 23, 2024 By Michael Young

Construction is finishing up on 27-01 Jackson Avenue, a 27-story residential tower in the Court Square district of Long Island City, Queens. Designed by SLCE Architects and developed by American Lions, a joint venture between Fetner Properties and Lions Group, the 151,141-square-foot structure will yield 164 rental units with one-third reserved for affordable housing, as well as ground-floor retail space and approximately 90 parking spaces on the first three levels. The property is located at the corner of Jackson and 43rd Avenues, directly across from The Italic, its taller sibling at 26-32 Jackson Avenue.

Jasper Stands Topped Out At 2-33 50th Avenue in Long Island City, Queens

8:00 am on May 22, 2024 By Michael Young

Construction has topped out on Jasper, a 13-story residential building at 2-33 50th Avenue in the Hunters Point district of Long Island City, Queens. Designed by S9 Architecture and developed by The Domain Companies, LMXD, Bridge Investment Group, and The Vorea Group, the 125-foot-tall structure will span 550,000 square feet and yield 499 units in studio to three-bedroom layouts with 150 reserved for affordable housing, as well as 40,000 square feet of retail space, 503 square feet for a community facility under the Brownfield Award, 111 enclosed parking spaces, and a 30-foot-long rear yard. The $370 million project is alternately addressed as 49-20 5th Street and is bound by 49th Avenue to the north, 50th Avenue to the south, and 5th Street to the east.

499 President Street’s Façade Progresses in Gowanus, Brooklyn

8:00 am on May 21, 2024 By Michael Young

Façade installation is continuing on 499 President Street, an eight-story residential building in Gowanus, Brooklyn. Designed by SLCE Architects and developed by The Brodsky Organization and Avery Hall Investments, the 85-foot-tall structure will span 322,000 square feet and yield 350 rental units in studio to two-bedrooms layouts, with 25 percent designated for affordable housing, as well as 20,000 square feet of ground-floor retail space. The 1.6-acre property is bound by Union Street to the north, President Street to the south, and Nevins Street to the west.

1162 Broadway Completes Construction in NoMad, Manhattan

7:00 am on May 21, 2024 By Michael Young

Construction is complete on 1162 Broadway, a 14-story commercial building in the Madison Square North Historic District of NoMad, Manhattan. Designed by Morris Adjmi Architects and developed by Okada & Co. under the 1162 Broadway LLC, the 185-foot-tall structure yields 30,000 square feet of Class A office space and 1,800 square feet for a restaurant on the ground floor and cellar level. The property is located between West 27th and 28th Streets on a narrow interior lot.

Exterior Progress Continues on 420 Carroll Street in Gowanus, Brooklyn

8:00 am on May 20, 2024 By Michael Young

Façade installation is making progress on 420 Carroll Street, a two-tower residential complex in Gowanus, Brooklyn. Designed by FXCollaborative and developed by Domain Companies, the project consists of a 20-story, 224-foot-tall tower and a shorter 15-story sibling and will yield 360 units with 25 percent reserved for affordable housing, as well as 27,500 square feet of retail space, 7,700 square feet of “Gowanus Mix” space pursuant to the 82-block district rezoning, and a new public promenade along the Gowanus Canal. The property is located on a trapezoidal plot bound by Carroll Street to the north, the Powerhouse Arts building and its parking lot to the south, and the Gowanus Canal to the west.

Rendering of 335 Eighth Avenue - Courtesy of MAG Partners, COOKFOX Architects

335 Eighth Avenue Reaches Pinnacle in Chelsea, Manhattan

7:30 am on May 20, 2024 By Michael Young and Matt Pruznick

Construction has reached the final floor of 335 Eighth Avenue, a seven-story residential building in Chelsea, Manhattan. Designed by COOKFOX Architects and developed by MAG Partners and Mutual Redevelopment Houses, Inc., the 200,000-square-foot structure will yield 188 rental units in studio to two-bedroom layouts, a 23,000-square-foot Lidl supermarket, and additional ground-floor retail space. Thirty percent of the homes will be reserved for affordable housing. The property is being built by Urban Atelier Group and is located at the corner of Eighth Avenue and West 26th Street within the Penn South affordable housing cooperative, officially known as Mutual Redevelopment Houses.

New Renderings Released For ONE38 At 138 Bruckner Boulevard in Mott Haven, The Bronx

8:00 am on May 19, 2024 By Michael Young and Matt Pruznick

New renderings have been released for ONE38, a 12-story residential building at 138 Bruckner Boulevard in Mott Haven, The Bronx. Designed by Greenberg Farrow in collaboration with Michaelis Boyd and developed by JCS Realty Group, the structure will yield 579 units in studio to two-bedroom layouts with 131 affordable units and more than 40,000 square feet of amenities. Leasing has begun for the property, which is bound by Bruckner Boulevard to the north, East 132nd Street to the south, and St. Ann’s Avenue to the east.

125 3rd Street Rises Above Gowanus, Brooklyn

7:30 am on May 19, 2024 By Michael Young and Matt Pruznick

Construction is rising on 125 3rd Street, a 14-story residential building in Gowanus, Brooklyn. Designed by Fogarty Finger and purchased by Allan Lebovits, Joel Wertzberger, and Moishe Loketch with Ariel Property Advisors representing the sellers, the structure will yield 130 units with 25 to 30 percent set aside for affordable housing, and 12,750 square feet of ground-floor retail space. The property is located on a 20,407-square-foot block-through lot with 60 feet of frontage along 2nd Street and over 157 feet of frontage along 3rd Street. An exact number of affordable units has yet to be revealed.

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