435 10th Avenue [The Real Deal]: Tishman Speyer’s “Hudson Spire” site — located at 435 10th Avenue between West 34th and 35th Streets on the Far West Side — has a “$3.2 billion price tag.” The building will reportedly span 2.6 million square-feet, and rise 61 stories; construction will start during the third quarter of 2015, assuming the developer finds financing.
60 Water Street [Brooklyn Daily Eagle]: The 17-story and 290-unit residential building at 60 Water Street in Dumbo continues to make headway. Developed by Two Trees, and designed by LEESER Architecture and Ismael Leyva, completion is set for 2015.
Atlantic Yards – B2 Tower [Atlantic Yards Report]: With 2.4 modules installed per day, the seventh floor has been completed at Atlantic Yards B2 Tower. Excerpts from the Construction Alert note “8th and 9th floors module erection will follow” imminently, and interior work will continue on lower levels. At this rate, the tower could be topped-out in 31 weeks.
250 South Street [Bowery Boogie]: Extell is set to begin excavation work on the 68-story tower and 13-story affordable development at 250 South Street in the Lower East Side; specifically, “a test pile program is expected to take a number of weeks.” The old Pathmark has been completely demolished.
337 Herkimer Street [Brownstoner]: Rendered at six stories, and permitted for four, a residential building at 337 Herkimer Street in Bedford-Stuyvesant has risen to the fifth floor of a previously empty lot. Glass has been installed, but the final façade has yet to be realized; completion is set for this fall.
139 Orchard Street [The Real Deal]: The stalled Allen Street Hotel project — at 139 Orchard Street, on the Lower East Side — has taken small steps to resume construction. The planned 98-room hotel was listed for $39 million in hope that another developer could finish the project.
Brooklyn Navy Yard Redevelopment: [Crain’s NY]: For the third time, the Brooklyn Navy Yard Development Corp. has requested proposals to redevelop the abandoned Admiral’s Row complex on the southeastern portion of the site. Estimated at “more than $100 million of investment,” preliminary plans envision a mix of retail, office and industrial space. What’s left of Admiral’s Row has “decayed to the point where [the structures] will have to be razed.”
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