Excavation has begun for One Boerum Place in Downtown Brooklyn. The upcoming ground-up, mixed-use condominium tower will rise 21 stories on a narrow, triangular-shaped plot of land. The site is bound by Boerum Place, Red Hook Lane, and Fulton Street. SLCE Architects is the designer while Avery Hall Investments, Allegra Holdings, and Aria Development Group are the developers. The joint venture team was recently able to acquire a $165 million construction loan from Jutland Finance. The total cost of One Boerum Place is expected to be around $250 million.
Construction at 130 William Street is two floors from topping out over the Financial District. The upcoming condominium tower is the first project in New York City by Sir David Adjaye of Adjaye Associates. Hill West Architects is the architect of record while Lightstone Group is the developer. The 66-story development will rise 800 feet tall and yield 244 units marketed by Corcoran Sunshine.
Construction on 30 East 29th Street, aka Rose Hill, is moving along quickly in NoMad. Work on the foundations wrapped up in January and now the upcoming 639-foot-tall structure is several floors above street level. The upcoming 49-story project is located between Park Avenue South and Madison Avenue and is being designed by CetraRuddy Architecture and developed by the Rockefeller Group. The residential high-rise will incorporate an Art Deco-inspired design, setting it apart from other neighboring towers rising in the development boom, responsible for changing the skyline south of the Empire State Building.
Construction at One Seaport, aka 161 Maiden Lane, has been noticeably paused for the past several months. The 60-story reinforced concrete structure topped-out back in early September, and it was unclear until recently why further progress had halted. However, new reports have revealed the 670-foot-tall building is actually leaning three inches to the north, leading to a series of legal disputes between Fortis Property Group, LLC, the developer, and Pizzarotti LLC, the current contractor. The project is being designed by Hill West Architects while Groves & Co is serving as the interior designer. Douglas Elliman is handling sales of the units.
Recently developer Tishman Speyer held a dedication ceremony to install the first steel column at the site of 66 Hudson Boulevard, aka The Spiral. A number of people signed the white-colored steel beam before it was raised into place, marking a major step in the construction process for the upcoming supertall office building. The 2.85-million-square-foot structure is located in Hudson Yards and will be designed by Bjarke Ingels of Bjarke Ingels Group (BIG). Turner Construction Company is the construction manager while Banker Steel is in charge of fabricating the steel for the 65-story tower.