The redevelopment of the southwest corner of the West Village by the Hudson River is often overlooked, but that part of the neighborhood is about to get a healthy dose of modernization. One project now under construction is 111 Leroy Street, which will create nine apartments and five townhouses. Work has progressed significantly since our last look, and façade installation appears imminent. Property Markets Group is responsible for the development.
Nicknamed the “Pearl On The Park,” and located next to the Beekman Hotel at 5 Beekman Street and directly adjacent to COOKFOX’s 59-story residential tower rising at 25 Park Row, 1 Beekman Street has officially topped-out at 25 stories in height. Construction has progressed quickly over the past year, and demolition and excavation of the site only began two years ago.
Permits have been filed for a 16-story long-term care facility at 1508 Avenue Z, in Sheepshead Bay, Brooklyn. The site is just two blocks away from the Sheepshead Bay subway station, serviced by the B and Q trains. SB1 Holdings LLC is listed as responsible for the development.
Permits have been filed for an eight-story residential building at 571 Ocean Parkway, in Kensington, Brooklyn. The lot is well connected to public transportation, especially for a neighborhood south of Prospect Park and Greenwood Cemetery. Residents will be six blocks away from the 18th Avenue subway station, serviced by the F trains, and one stop away from Church Avenue, with connections to the G train. Ten blocks away is the Newkirk Plaza subways station, serviced by B and Q trains. MVM Ocean LLC is listed as behind the applications.
For the second time in 2018, YIMBY has a new look for Five World Trade Center. The latest rendering was found by a reader on the project’s fencing in the Financial District. The image shows a glassy building with a triangular motif reminiscent of the David Childs-designed 1 WTC. The depiction is roughly 70 stories in height, which could indicate yet another supertall is planned for the area.