Forest City Ratner

Hudson Exchange West’s 35-Story, 421-Unit Mixed-Use Tower Tops Out at 430 Marin Boulevard, Jersey City

7:00 am on August 16, 2016 By Reid Wilson

Construction has topped out on the 35-story, 421-unit mixed-use building at 430 Marin Boulevard, in downtown Jersey City. The construction update is possible thanks to a photo posted to the Forums. The new building will contain 10,126 square feet of ground-floor retail space and 20 percent of the apartments (85 units) will be designated as affordable. The tower is being built as part of the 11-building Hudson Exchange West mega-development. The developer, Forest City Ratner, is facing a lawsuit over the legality of developing the property, due to a former railway that was removed in the 1990s, Jersey Digs reported. It appears construction on the first building has continued despite the legal challenge. Perkins Eastman is behind the design. Completion of the first building is expected in 2017.

Pacific Park’s 23-Story, 303-Affordable-Unit Mixed-Use Building Tops Out at 38 Sixth Avenue, Prospect Heights

11:00 am on July 12, 2016 By Reid Wilson

The 23-story, 303-unit mixed-use building under development at 38 Sixth Avenue, at the corner of Dean Street in Prospect Heights, has topped out. Three months ago, the structure was merely two stories above street level. It now encompasses 341,595 square feet. It will host 8,700 square feet of retail space and medical offices on the ground floor, followed by 303 affordable residential units. All of the rental apartments will rent at below-market rates through the housing lottery. Amenities include a 73-car underground garage, space for a whopping 400 bikes, private residential storage space, a fitness center with a yoga room, a children’s playroom, and a terrace on the 16th floor. Greenland Forest City Partners, comprising of Greenland USA (the US branch of Shanghai-based Greenland Group) and Forest City Ratner Companies, is the developer. The duo are heading the 17-building Pacific Park mixed-use mega-development, of which 38 Sixth Avenue is a part. SHoP Architects is behind the design. Completion can probably be expected later this year or in early 2017.

Cornell Tech’s 26-Story, 250-Unit Passive House Dorm Tops Out on Roosevelt Island

6:00 am on June 22, 2016 By Reid Wilson

Cornell Tech’s 26-story, 250-unit Passive House residential building, dubbed CornellTECH Residential and being built as part of Cornell’s 10-building Roosevelt Island campus project, has now topped out and is receiving its façade. The student and faculty dormitory is roughly 70 percent complete, according to a Curbed NY report. The unit configurations range from studios to three-bedrooms, and amenities include a fitness center and a lounge/dining area with a kitchen on the 26th floor. Handel Architects is behind the design of the residential building, which is set to be the largest Passive House structure in the world.

Façade Installation Underway at Pacific Park’s 17-Story, 278-Unit Condo Building, 550 Vanderbilt Avenue, Prospect Heights

11:00 am on May 16, 2016 By Reid Wilson

In December of 2015, YIMBY reported on the topping out of the 17-story, 278-unit residential building underway at 550 Vanderbilt Avenue, in Prospect Heights. Now, the structure, which is one of 17 buildings within the Pacific Park mega-development, is having its façade and windows installed, Brownstoner reports. The structure encompasses 359,625 square feet. It includes a 4,731-square-foot ground-floor retail component, and its residential units, which are condominiums, should average 1,173 square feet apiece. The units will come in studio to four-bedroom configurations. Amenities include a library, a lounge with outdoor terraces, a private dining room, a fitness center, a children’s playroom, a landscaped roof deck, an interior communal garden, and an underground parking garage. A partnership between Forest City Ratner Companies and Greenland USA are developing, while COOKFOX Architects is designing. Completion is expected later this year.

Pacific Park’s 32-Story, 363-Unit Mixed-Income Apartment Tower Tops Out at 461 Dean Street, Prospect Heights

6:00 am on May 13, 2016 By Reid Wilson

In February, the 32-story, 363-unit mixed-use modular tower under development at 461 Dean Street, in Prospect Heights, had reached its 25th story. Now, the 348,269-square-foot building has finally topped out, with the last modular unit installed earlier this week, Curbed NY reported. The project was the first of 15 towers to begin constructed as part of the Pacific Park mega-development. There will be 32,678 square feet of commercial space split between retail on the ground floor and storage space for the Barclays Center on floors two through six. The rental apartments should average 660 square feet apiece, and 181 of them will rent at below-market rates through the housing lottery. Amenities include a bike storage room, private residential storage, laundry facilities, a fitness center, an entertainment room/lounge, a children’s play room, and a common outdoor terrace on the 20th floor. Forest City Ratner Companies (a branch of Forest City Realty Trust) is developing, with SHoP Architects behind the design. Completion is expected this fall.

23-Story, 303-Unit Affordable Residential Tower Rises at 38 Sixth Avenue, Prospect Heights

6:00 am on April 8, 2016 By Reid Wilson

Last month, YIMBY revealed new renderings of the 23-story, 303-unit mixed-use building planned at 38 Sixth Avenue, in Prospect Heights, located within the 15-building Pacific Park mega-development. Curbed NY now has an update on the entire project, but more specifically photos revealing that this portion of Pacific Park is finally rising. The structure is currently two stories above street level. It will eventually encompass 341,595 square feet and will feature 8,700 square feet of retail space and medical offices on the ground floor. The rental apartments, averaging 957 square feet apiece, will all rent at below market-rates. There will be a mix of studios, one-, two-, and three-bedroom apartments. A partnership between Forest City Ratner and Greenland USA is developing, and SHoP Architects is behind the design. Completion is expected in late 2017.

Pacific Park Developers Consider Building Office Space At 674 Atlantic Avenue, Prospect Heights

11:00 am on February 29, 2016 By Reid Wilson

Earlier this month, the developers behind the Pacific Park mega-development in Prospect Park – a partnership between Greenland Holdings and Forest City Ratner – proposed the idea of transferring 1.1 million square feet of development rights to 590 Atlantic Avenue in order to build a massive office tower. Now, another site is under consideration for an office development, according to DNAinfo. It’s the site at the southwestern corner of Atlantic and Sixth avenues – 674 Atlantic Avenue, or 2 Sixth Avenue. A 764-unit, mixed-income residential building, with a mix of rentals and condos along with retail space, has long been approved for the site. Now the developers are seeking to transfer commercial development rights to the location so a second office building could be built. The Empire State Development Corporation would have to approve the transfer of air rights. The change in plans also requires an environmental study, and the affordable residential units that were expected at the site would be built elsewhere.

1.5-Million Square-Foot Office Building Could Be Built At 590 Atlantic Avenue, Downtown Brooklyn

6:00 am on February 17, 2016 By Reid Wilson

In September of 2015, the Empire State Development Corp. began the eminent domain process to acquire 590 Atlantic Avenue, located across from Atlantic Terminal and Barclays Center in Downtown Brooklyn, as part of the Pacific Park mega-development. A partnership between Forest City Ratner and Greenland Holdings would develop the property, currently home to two low-rise retail buildings. Right now, the site boasts 440,000 square feet of development rights, but the developers are proposing the idea to transfer 1.1 million square feet of air rights in order to build a 1.5-million-square-foot office building. According to Crain’s, the air rights transfer would have to be approved by a state review process via the Empire State Development Corp. The air rights transfer would preserve public plaza space.

32-Story, 363-Unit Mixed-Use Tower At 461 Dean Street Now At 25th Story, Prospect Heights

11:00 am on February 9, 2016 By Reid Wilson

YIMBY last brought you a construction update on the 32-story, 363-unit mixed-use modular tower rising at 461 Dean Street, in Prospect Heights, back in the summer of 2014, when the building was only six stories in height. The project, dubbed B2 and part of the 15-tower mega-development Pacific Park, has seen significant delays over the past few years, but the structure is now at the 25th floor. The New York Times reports 181 of the apartments will be rented at below market-rates. There will also be 4,000 square feet of retail space on the ground floor, as well as 15,000 square feet for arena storage. Forest City Ratner is developing, and SHoP Architects is behind the design.

First Phase Of Cornell Tech’s Roosevelt Island Campus Makes Significant Progress

10:00 am on January 25, 2016 By Reid Wilson

YIMBY last brought you a construction update in September, when foundation work was just wrapping up on multiple buildings of Cornell Tech’s planned Roosevelt Island campus. Since then, phase one’s academic buildings and residential tower have risen in the form of steel beams and concrete pours, respectively. Now, Snøhetta has been tasked to design the Verizon Executive Education Building, The Real Deal reports. It will be a conference center and is included in the first construction phase, which is due for completion in mid-2017. The other three buildings going up are the Bloomberg Center, The Bridge, and CornellTECH Residential, which are being designed by Morphosis Architecture, Weiss/Manfredi Architecture, and Handel Architects.

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