85 Tenth Avenue’s Façade Restoration Wraps Up in Chelsea, Manhattan

7:30 am on December 6, 2022 By Michael Young

Façade restoration work is wrapping up on 85 Tenth Avenue, an 11-story commercial building along the border of West Chelsea and the Meatpacking District. Originally designed by Albert G. Zimmerman and Associates and constructed in 1913 as a Nabisco factory, the structure now yields 635,000 square feet of office space managed by Related Companies and Vornado Realty Trust, as well as 40,500 square feet for a ground-floor restaurant. Archstone Builders is the general contractor for the project, which is bound by West 16th Street to the north, West 15th Street to the south, Tenth Avenue to the east, and West Street to the west.

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Preliminary rendering of Caesars Palace Times Square - Courtesy of SL Green

Roc Nation Partners With SL Green, Caesars Entertainment for Proposed Casino at 1515 Broadway in Times Square

7:00 am on December 6, 2022 By Sebastian Morris

Roc Nation, the entertainment agency founded by Jay-Z, is the latest partner to support a proposed casino at 1515 Broadway in Times Square, Manhattan. The project, currently known as Caesars Palace Times Square, was first announced by developer SL Green and Caesars Entertainment and could provide billions of dollars in tax revenue to New York City and New York State.

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Affordable Housing Lottery Launches for 2733 East 12th Street in Brighton Beach, Brooklyn

6:30 am on December 6, 2022 By Vanessa Londono

The affordable housing lottery has launched for 2733 East 12th Street, a seven-story mixed-use building in Sheepshead Bay, Brooklyn. Designed by Studio Gallos and developed by Eddie Yair, the structure yields 45 residences, 8,243 square feet of community facility space, and 24 parking spaces. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $69,086 to $187,330.

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Demolition Nearly Complete for 43-Story Skyscraper at 356 Fulton Street in Downtown Brooklyn

8:00 am on December 5, 2022 By Michael Young

At number 27 on our year-end countdown is 356 Fulton Street, a 43-story mixed-use skyscraper in Downtown Brooklyn. Designed by MdeAS Architects and SLCE Architects and developed by Extell, who paid and signed an $85.9 million long-term ground lease to take over the site from The Feil Organization, the 496-foot-tall structure will yield 475,000 square feet with 421 residential units and 100,000 square feet of commercial retail space. Titan Industrial SVC Corp. is in charge of demolition at the property, which has two more buildings to tear down, and is located at the corner of Fulton Street and Red Hook Lane.

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Construction Goes Vertical on Three-Tower Development at 2-20 and 2-21 Malt Drive in Hunters Point, Queens

7:30 am on December 5, 2022 By Michael Young

Construction is rising on 2-20 and 2-21 Malt Drive, a three-tower mixed-use development in the Hunters Point South master plan in Hunters Point, Queens. Designed by SLCE Architects and developed by TF Cornerstone, the project consists of a 34-story, 390-foot-tall structure that will yield 575 units at 2-20 Malt Drive and a two-tower design at 2-21 Malt Dive composed of a 38-story, 440-foot-tall high-rise and a 25-story, 310-foot-tall sibling. A final unit count for 2-21 Malt Drive has yet to be announced. Belsen Tristate Building Materials will supply the brickwork and Bud North LLC and Bud South LLC are the general contractors for 2-21 and 2-20 Malt Drive, respectively, which will rise from a subdivided plot bound by 54th Avenue to the north, Newton Creek to the south, and 2nd Street to the west.

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