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Excavation Begins for 570 Fifth Avenue Skyscraper in Midtown, Manhattan

8:00 am on February 25, 2025 By Michael Young and Matt Pruznick

Excavation is underway at 570 Fifth Avenue, the site of a 29-story office skyscraper on the eastern edge of the Diamond District in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Extell Development, the 567-foot-tall structure will yield 637,312 square feet of Class A office space. The building will also contain retail space on floors one and two, an 80,000-square-foot flagship store for IKEA on the first two cellar levels, and a gym, swimming pool, basketball court, and juice bar on the third and fourth below-grade stories. The property is located between West 46th and 47th Streets.

Two-Tower Development Rises Higher at 80 Clarkson Street in West Village, Manhattan

8:00 am on February 24, 2025 By Michael Young and Matt Pruznick

Construction is rising on 80 Clarkson Street, a two-tower residential complex along the Hudson River waterfront in Manhattan’s West Village. Designed by COOKFOX Architects and SLCE Architects and developed by Zeckendorf Development, Atlas Capital Group, and the Baupost Group, the project consists of 37- and 45-story structures standing 400 and 450 feet tall, respectively. The $1.25 billion development will span approximately 650,000 square feet and yield 100 condominium units, nearly 37,000 square feet of ground-floor retail space, and enclosed parking for 69 vehicles. The property is bound by Clarkson Street to the north, West Houston Street to the south, the 17-story 570 Washington Street to the east, and West Street to the west.

Renderings Revealed for The Cube at 42-53 24th Street in Long Island City, Queens.

7:30 am on February 23, 2025 By Michael Young and Matt Pruznick

Renderings have been revealed for The Cube, a 14-story residential building planned for 42-53 24th Street in downtown Long Island City, Queens. Designed by MY Architect PC and developed by Chris Jiashu Xu of United Construction & Development, the structure will yield 217 condominium units, ground-floor retail space, and enclosed parking. The site is located at the northeast corner of 24th Street and 43rd Avenue.

RFP Released For Coney Island West Development in Coney Island, Brooklyn

8:00 am on February 22, 2025 By Michael Young

Mayor Eric Adams and the New York City Economic Development Corporation have released a request for proposals (RFP) for the first city-owned parcel in Coney Island West, a redevelopment masterplan in Coney Island, Brooklyn. The initiative aims to create 1,500 new mixed-income residential units, retail space, and other public improvements including the reconstruction of Reigelmann Boardwalk, a $42 million renovation to the 55-year old Abe Stark Sports Center, shoreline enhancements along Coney Island Creek against storm surges, sewer upgrades, and new streets. Coney Island West is generally bound by Surf Avenue to the north, Coney Island Beach to the south, Maimonides Park to the east, and West 23rd Street to the west.

Rendering of 250 West 49th Street by S Wieder Architect, via Shea Communications

Excavation Underway At 250 West 49th Street in Midtown, Manhattan

8:00 am on February 20, 2025 By Michael Young and Matt Pruznick

Excavation is getting started at 250 West 49th Street, the site of a 28-story residential building in Midtown, Manhattan. Designed by S. Weider Architect and developed by Chess Builders, the structure will yield 138 rental units and 2,500 square feet of ground-floor retail space. The property is located near the corner of Eighth Avenue and West 49th Street.

63-Story Skyscraper Revealed for Second Phase of Alloy Block in Downtown Brooklyn

8:00 am on February 19, 2025 By Michael Young and Matt Pruznick

Designer and developer Alloy Development has revealed new renderings for One Third Avenue, a 63-story skyscraper in the second phase of the Alloy Block complex in Downtown Brooklyn. The 725-foot-tall structure will rise to the northwest of the completed 44-story Alloy Block tower at 505 State Street and will secure the title of the tallest Passive House-engineered building in the world. The building will yield 583 market-rate and affordable housing units, retail space, and commercial office space. The Alloy Block is bound by Flatbush Avenue to the northeast, Third Avenue to the northwest, and State Street to the south.

Window Installation Continues on ODA’s 126 East 57th Street in Midtown East, Manhattan

8:00 am on February 18, 2025 By Michael Young and Matt Pruznick

Exterior work is continuing 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, 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.

Façade Installation Progresses on 1 Park Row in the Financial District, Manhattan

8:00 am on February 17, 2025 By Michael Young

Façade installation is continuing on 1 Park Row, a 23-story mixed-use building in Lower Manhattan’s Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, the 305-foot-tall structure will span 103,000 square feet and yield 62 condominium units in studio- to three-bedroom layouts. The building will also contain 19,000 square feet of office and retail space on the lower levels. The property is located at the intersection of Park Row and Ann Street, directly across from the southern tip of City Hall Park.

Vita’s Façade Takes Shape at 501 Ninth Avenue in Midtown, Manhattan

8:00 am on February 14, 2025 By Michael Young and Matt Pruznick

Exterior work is progressing on Vita, a pair of 12-story residential buildings at 499 and 501 Ninth Avenue in Midtown, Manhattan. Designed by Archimaera Architecture and developed by ZD Jasper Realty, the 120-foot-tall structures will collectively span 220,000 square feet and yield 174 condominium units with an average scope of 970 square feet. The $200 million development will also include ground-floor commercial space, a cellar level, and a 30-foot-long rear yard. The property is located between West 37th and 38th Streets on the border of Hudson Yards and the Garment District.

499 President Street Nears Completion in Gowanus, Brooklyn

7:30 am on February 13, 2025 By Michael Young

Construction nearing completion 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 will span 322,000 square feet and yield 262 rental units in studio to two-bedrooms layouts, with 88 homes 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.

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