A joint venture led by Claremont Development, Stanbery Development Group, and PCCP has closed on a $146.6 million loan to redevelop a vacant commercial campus into a vibrant mixed-use community in Parsippany, New Jersey. The property is located near the Route 10-Dryden Way exit and will debut as The District at 15fifteen.
Piedmont Office Realty Trust has revealed an extensive capital improvement program at 60 Broad Street, a 38-story mid-century office tower in Manhattan’s Financial District. Designed by Morris Adjmi Architects, a tenant at the building, the overhaul will create a new building entryway, a renovated lobby, modernized elevator cabs, and new amenity spaces. The property is bound by Beaver Street to the south, Broad Street to the east, and New Street to the west.
A new, six-story building at 144 West 125th Street was expected to debut as a permanent home for the Studio Museum of Harlem in Manhattan. Years after construction broke ground and topped out in Harlem, progress appears to have stalled since the latter half of 2022.
Las Vegas Sands has revealed proposals to redevelop roughly 80 acres of vacant land surrounding the Nassau Veterans Memorial Coliseum into a new casino and entertainment complex in Uniondale, Long Island. The campus would also have a hotel, outdoor spaces for private events and community gatherings, celebrity chef restaurants, flexible meeting and convention space, a day spa, and a live performance venue that the developer said will honor the long legacy of live music at Nassau Coliseum.
Urby, a joint venture between Ironstate Development and Brookfield Properties, will soon debut phase two of a residential complex at 1 Greyrock Place in Stamford, Connecticut. Designed by international architecture firm Concrete Amsterdam, Stamford Urby phase two will add 176 rental apartments, following 464 rental units introduced in 2019 as part of phase one.
