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Rendering of The Torch at 740 Eighth Avenue by ODA and SLCE Architects. Photo by Michael Young

The Torch Resumes Construction at 740 Eighth Avenue in Times Square, Manhattan

Foundation work has resumed for The Torch, a 52-story mixed-use supertall skyscraper at 740 Eighth Avenue in Midtown, Manhattan. Designed by ODA and developed by Extell, the 1,067-foot-tall structure will span 875,372 square feet and yield an 825-room hotel topped by a public outdoor observation deck with a drop ride attraction in its signature stemlike column. The project is also slated to include lower-level retail space, a restaurant on two of the upper floors, a VIP lounge, and a pool deck for hotel guests. SLCE Architects is the architect of record for the development, which is located along Eighth Avenue between West 45th and 46th Streets on the border of Times Square and Hell’s Kitchen.

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Phase Two of The Peninsula Tops Out in Hunts Point, The Bronx

Construction has topped out on the second phase of The Peninsula, a 100-percent affordable residential complex in Hunts Point, The Bronx. Developed and built by Gilbane Development, Hudson Companies, MHANY Management, and Broadway Builders, the entire master plan will consist of four mixed-use buildings yielding 740 affordable homes. The development will also contain a light-industrial manufacturing facility, 15,000 square feet of retail space, a grocery store, and 57,000 square feet of open public plazas. There will also be 52,000 square feet of community facility space slated to be occupied by a DOE administered Head Start facility, Inspiration Point’s cultural arts facility, and a Health and Wellness Center operated by UrbanHealth Plan. The property is located along Spofford Avenue between Manida and Tiffany Streets.

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Street-level perspective of Vermella East Brunswick.

Phase One of Vermella Residential Complex Takes Shape in East Brunswick, New Jersey

Exterior work is progressing on Vermella East Brunswick, a 40-acre, $500 million complex in East Brunswick, New Jersey. Designed by Shore Point Architecture and developed by River Development Equities in partnership with Russo Development, the master plan will span nearly 790,000 square feet and yield 535 rental apartments and 218 townhomes. The complex will also include retail space, restaurants, medical offices, and additional commercial space, as well as indoor and outdoor residential amenities. The project site is bounded by Ruth Street to the north, Lake Avenue to the south, Route 18 to the east, and Renee Road to the west.

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499 President Street Finishes Construction in Gowanus, Brooklyn

Construction is finished on 499 President Street, a ten-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 spans 322,000 square feet and yields 350 rental units in studio to two-bedrooms layouts with 88 dedicated to affordable housing. The project also includes 20,000 square feet of ground-floor retail space.  Eighty-eight of the apartments are designated as affordable housing. The 1.6-acre property is bounded by Union Street to the north, President Street to the south, and Nevins Street to the west.

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300 East 50th Street. Designed by BKSK Architects

Anagram Turtle Bay Nears Completion at 300 East 50th Street in Turtle Bay, Manhattan

Construction is nearing completion on Anagram Turtle Bay, a 23-story residential building in the Turtle Bay section of Midtown East, Manhattan. Designed by BKSK Architects and developed by MAG Partners in collaboration with Global Holdings, KRW Realty Advisors, Krown Point, and Safanad, the 275-foot-tall structure will span 170,000 square feet and yield 194 units. The project will also include 4,888 square feet of ground-floor retail space, a cellar level, and a 30-foot-long side yard. Thirty percent of the residential inventory will be reserved for affordable housing. The property is located at the southeast corner of Second Avenue and East 50th Street.

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