COOKFOX

Foundations Underway for COOKFOX’s 335 Eighth Avenue in Chelsea, Manhattan

8:00 am on January 26, 2024 By Michael Young and Matt Pruznick

Foundations are underway at 335 Eighth Avenue, the site of a seven-story mixed-use building in Chelsea, Manhattan. Designed by COOKFOX Architects and developed by MAG Partners and Penn South aka Mutual Redevelopment Houses, Inc., with financing provided by global holding company Safanad, the structure will span around 200,000 square feet and yield 188 rental units in studio to two-bedroom layouts, as well as a 23,000-square-foot Lidl supermarket and additional ground-floor retail space. Thirty percent of the homes will be reserved for affordable housing. Urban Atelier Group is the general contractor for the property, which is located at the corner of Eighth Avenue and West 26th Street within the Penn South affordable housing cooperative, officially known as Mutual Redevelopment Houses.

$151.4M Capitalization Secured For 335 Eighth Avenue In Chelsea, Manhattan

7:30 am on January 10, 2024 By Max Gillespie

JLL Capital Markets has arranged a $151.4 million capitalization for 335 Eighth Avenue, a seven-story mixed-use building under construction in Chelsea, Manhattan. Designed by COOKFOX and developed by MAG Partners and Safanad, the structure will yield 188 units with 30 percent reserved for low- and middle-income residents, as well as over 30,000 square feet of amenities, 25,461 square feet of retail space, and 1,150 square feet of community facility space. Financing was secured from Bank OZK and MetLife Investment Management for the project, which broke ground in October 2023.

Naftali Group Files Permits for 21-Story Tower at 1 Division Avenue in Williamsburg, Brooklyn

7:00 am on January 10, 2024 By Vanessa Londono

Permits have been filed for a 21-story tower at 1 Division Avenue in Williamsburg, Brooklyn. Located between the waterfront and Kent Avenue, the lot is near the South Williamsburg ferry stop and the Marcy Avenue subway station, serviced by the J, M, and Z trains. Naftali Group is listed as the owner behind the applications and also responsible the complex rising nearby at 470-490 Kent Avenue.

Foundations Underway for Two-Tower Complex at 570 Washington Street in Manhattan’s West Village

8:00 am on December 7, 2023 By Michael Young and Matt Pruznick

At number 25 on our annual construction countdown is 570 Washington Street, a two-tower residential project currently underway along the Hudson River waterfront in Manhattan’s West Village. Designed by COOKFOX Architects with SLCE Architects as the architect of record and developed by Zeckendorf Development, Atlas Capital, and The Baupost Group, the $1.25 billion complex will consist of 29- and 36-story towers rising 400 and 450 feet, respectively, and will yield an undisclosed number of condominium units and commercial space on the lower levels. ACI VI Clarkson LLC is the owner and AECOM Tishman is the general contractor for the project, which occupies a 1.3-acre block bound by Clarkson Street to the north, West Houston Street to the south, Washington Street to the east, and West Street to the west. The developers acquired the property for $340 million in early 2022 and have projected a $1 billion sellout on the homes.

Evening rendering of Terminal Warehouse in West Chelsea - Credit COOKFOX

YIMBY Tours Terminal Warehouse At 261 Eleventh Avenue in West Chelsea, Manhattan

8:00 am on November 30, 2023 By Michael Young

YIMBY recently went on a tour of Terminal Warehouse at 261 Eleventh Avenue in West Chelsea, Manhattan. The original 132-year-old George Mallory-designed structure is being extensively renovated and now features a new six-story office pavilion designed by COOKFOX Architects and redeveloped by L&L Holding Company, Columbia Property Trust, and Cannon Hill Capital Partners. New Line Structures & Development is the general contractor for the 1.3-million square foot development, which will cost $2 billion-plus, stand 13 stories tall, and yield new Class A office suites, around 100,000 square feet of new outdoor green space including 29 private terraces and a central courtyard, ground-floor retail space, and multiple dining options. Cushman & Wakefield is the exclusive listing agent for both office and retail. Terminal Warehouse takes up a full city block bound by West 28th Street to the north, West 27th Street to the south, Eleventh Avenue to the east, and Hudson River to the west. Floor plates vary in size up to 160,000 square feet.

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Exterior of 555 Greenwich, courtesy of BerlinRosen

555 Greenwich Office Tower Opens in Hudson Square, Manhattan

7:30 am on October 26, 2023 By Max Gillespie

Hudson Square Properties, a collaboration between Trinity Church Wall Street, Norges Bank Investment Management, and Hines, is celebrating the opening of 555 Greenwich, a 16-story, 270,000-square-foot office tower in Hudson Square. The project, designed by COOKFOX, integrates with the adjacent 345 Hudson Street, forming a full-block campus.

Full-Floor Residences at Flatiron House Offer Elevated Living in Manhattan’s Flatiron District

8:00 am on October 19, 2023 By Vanessa Londono

Located in the Flatiron District, Flatiron House condominium development is an oasis in the heart of Manhattan with its biophilic design. The two distinct buildings with a total of 44 residences are connected by a shared interior garden, a lush outdoor space landscaped with native flowering plants and trees. Developed by NYC-based real estate development firm Anbau with architecture and interiors by COOKFOX Architects, Flatiron House is located at 39 West 23rd Street, minutes from Madison Square Park.

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Construction Begins at 335 Eighth Avenue in Chelsea, Manhattan

7:30 am on October 7, 2023 By Sebastian Morris

A mixed-use development at 335 Fifth Avenue in Chelsea, Manhattan has officially broken ground. Located at the corner of Fifth Avenue and 3rd Avenue, the project is the latest development from MAG Partners and global holding company Safanad, who’ve retained COOKFOX Architects to design the property and Urban Atelier Group as general contractor.

The Solaire Reaches 50 Percent Sold at 20 River Terrace in Battery Park City

8:00 am on October 5, 2023 By Vanessa Londono

Located at 20 River Terrace in Battery Park City, The Solaire recently announced it has reached over 50 percent sold with nearly 140 sales to date. Designed by Pelli Clarke Pelli Architects and COOKFOX Architects and developed by the Albanese Organization, the 29-story development with 279 residences has cemented its status as one of the best-selling new developments of 2023.

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Demolition Finishes for COOKFOX’s 335 Eighth Avenue in Chelsea, Manhattan

8:00 am on October 2, 2023 By Michael Young and Matt Pruznick

Demolition work is complete at 335 Eighth Avenue, the site of an upcoming seven-story residential building in Chelsea, Manhattan. Designed by COOKFOX and developed by MAG Partners and Penn South (aka Mutual Redevelopment Houses, Inc.), the 200,000-square-foot structure will yield 188 residential units with 30 percent dedicated to affordable housing for low- and middle-income residents under the Affordable NY Program, as well as a 23,000-square-foot Lidl grocery store on the ground floor. Titan Industrial SVC Corp served as the demolition contractor and Urban Atelier Group is the general contractor for the property, which is located at the corner of Eighth Avenue and West 26th Street within the Penn South affordable housing cooperative, officially known as Mutual Redevelopment Houses. The project is being co-financed by MAG Partners and global holding company Safanad.

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