Construction Update

550 Tenth Avenue Rises Steadily in Hell’s Kitchen, Manhattan

8:00 am on April 7, 2023 By Michael Young

Construction is rising on 550 Tenth Avenue, a 47-story residential skyscraper in Hell’s Kitchen, Manhattan. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 520-foot-tall structure will yield 430,000 square feet and 453 rental units, with 137 reserved for affordable housing, as well as 9,000 square feet of retail space, over 20,000 square feet of amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the property, which is located along Tenth Avenue between West 40th and 41st Streets.

Excavation Begins at 10 West 55th Street in Midtown, Manhattan

8:00 am on April 6, 2023 By Michael Young

Excavation has begun at 10 West 55th Street, the site of a 24-story residential building in Midtown, Manhattan. Designed by Morris Adjmi Architects and developed Garden Homes under the 18 West 55th Street LLC, the 289-foot-tall structure will yield 152,689 square feet with 96 units spread across 134,980 square feet, 17,709 square feet of commercial space, and a cellar level. Garden Homes and co-developer and general contractor Skyline Developers purchased the property, which is located between Fifth and Sixth Avenues, for $75 million in 2019.

Aerial rendering of the Terminal logistics Center at 130-24 South Conduit Avenue in Jamaica, Queens

Developers Complete $136M Recapitalization of Terminal Logistics Center at 130-24 South Conduit Avenue in Jamaica, Queens

7:30 am on April 6, 2023 By Sebastian Morris

Triangle Equities has recapitalized the Terminal Logistics Center, a forthcoming warehouse and air cargo development at 130-24 South Conduit Avenue in Jamaica, Queens in a new joint venture with the Urban Investment Group within Goldman Sachs.

The Keller’s Exterior Progresses at 150 Barrow Street in Manhattan’s West Village

8:00 am on April 5, 2023 By Michael Young

Construction is progressing on The Keller, a residential project at 150 Barrow Street in Manhattan‘s West Village. Designed by BKSK Architects and developed by Aurora Capital, the project involves the construction of a new seven-story structure at 144 Barrow Street and the renovation of the former Keller Hotel, and will yield 24 condominium units in one- to four-bedroom layouts. Titanium Construction Services is the general contractor and Compass Development Marketing Group is handling sales and marketing for the property, which is located at the corner of Barrow and West Streets, directly across from Hudson River Park.

111 Wall Street’s New Curtain Wall Reaches Upper Levels in Financial District, Manhattan

7:30 am on April 4, 2023 By Michael Young

Renovation work is moving along on 111 Wall Street, a 25-story commercial building in Manhattan’s Financial District. Designed by STUDIOS Architecture and developed by Wafra Capital Partners and The Nightingale Group, the $100 million project involves the replacement of the structure’s midcentury façade with a modern glass curtain wall and the full gut renovation of its 1.5 million square feet of office space, as well as the construction of an expanded lobby and amenity spaces designed by URBN Playground on the lower floors. Hunter Roberts Construction Group is the general contractor and JLL is handling leasing for the property, which is bound by Wall Street and Mannahatta Park to the northeast, Front Street to the northwest, South Street and the FDR Drive to the southeast, and Gouverneur Lane to the southwest.

TF Cornerstone Opens 595 Dean Street in Prospect Heights, Brooklyn

6:30 am on April 4, 2023 By Sebastian Morris

TF Cornerstone has officially opened 595 Dean Street, a two-tower residential development in Prospect Heights, Brooklyn. Located within the Pacific Park masterplanned neighborhood, the property comprises 558 market-rate apartments, 240 affordable housing units, a 60,000-square-foot public plaza, and 3,412 square feet of ground-floor retail space.

Birds-eye rendering of Claremont Hall at 100 Claremont Avenue

Exterior Work Continues on RAMSA’s Claremont Hall at 100 Claremont Avenue in Morningside Heights, Manhattan

8:00 am on April 3, 2023 By Michael Young

Exterior work is getting closer to completion on Claremont Hall, a 41-story residential tower at 100 Claremont Avenue in Morningside Heights, Manhattan. Designed by Robert A.M. Stern Architects and SLCE Architects and developed by Lendlease, Daiwa House Texas, and LMXD, an affiliate of L+M Development Partners, the 354,000-square-foot building will yield 165 condominium units in one- to four-bedroom layouts as well as new classrooms, office space, and faculty housing for Union Theological Seminary. Lendlease is the general contractor for the property, which is located by the corner of Claremont Avenue and West 122nd Street.

Finishing Touches Underway on 145 Perry Street Mega Mansion in Manhattan’s West Village

7:30 am on April 3, 2023 By Michael Young

Construction is getting closer to completion on 145 Perry Street, a four-story private residence in Manhattan’s West Village. Designed by Leroy Street Studio with Robert Silman Associates Structural Engineers, the structure measures 30,000 square feet and replaces a former two-story parking garage. Sciame Construction is the construction manager for the property, which is alternately addressed as 703-711 Washington Street and is located at the corner of Perry and Washington Streets.

540 Hudson Street Nears Completion in Greenwich Village, Manhattan

8:00 am on April 2, 2023 By Michael Young

Exterior work is nearing completion on 540 Hudson Street, a seven-story residential building in Greenwich Village. The building was designed by Morris Adjmi Architects who received approval by the Landmarks Preservation Commission. BKSK Architects adapted the design and are nearing completion of the 63-foot-tall structure for developers Aurora Capital Associates and William Gottlieb Real Estate. Inside will be 19 units spread across 48,535 square feet as well as 6,000 square feet of retail space on the ground floor and cellar levels. Titanium Construction Services is the general contractor and Belden Tri-State Building Materials is the brick supplier for the property, which is also addressed as 111 Charles Street and is located at the corner of Hudson and Charles Streets.

341 West 38th Street Climbs Above the Garment District in Midtown, Manhattan

7:30 am on April 2, 2023 By Michael Young

Construction is progressing on 341 West 38th Street, a 19-story residential building in the Garment District of Midtown, Manhattan. Designed by Stephen B. Jacobs Group and developed by Central Properties LLC, the project consists of the renovation and vertical expansion of an existing 12-story structure and the construction of a new addition on the narrow parcel to its east. The combined building will stand 212 feet tall and yield 112 units spread across 82,000 square feet, as well as a 7,300-square-foot cellar level. KSF Services is the general contractor for the property, which is located between Eighth and Ninth Avenues.

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Construction Update

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