Mixed-Use

Rendering of 5203 and 5241 Center Boulevard in Hunter's Point South, Queens - Courtesy of TF Cornerstone

52-03 and 52-41 Center Boulevard Nearing Completion in Hunters Point South, Queens

7:30 am on July 28, 2021 By Michael Young

Exterior work is getting close to completion on 52-03 Center Boulevard, a 587-foot-tall skyscraper in Hunters Point, Queens, and its shorter 475-foot-tall sibling at 52-41 Center Boulevard. Designed by ODA Architecture with SLCE Architects as the architect of record, the 46- and 56-story towers are part of TF Cornerstone‘s Hunters Point South development, which is set to yield a grand total of 1,194 residential units. Of these, 719 will be designated for affordable housing. 52-03 and 52-41 Center Boulevard are situated along the waterfront esplanade of the East River and are bound by Center Boulevard to the west, Borden Avenue to the north, 2nd Street to the east, and 54th Avenue to the south.

Rendering of 2856 Webster Avenue - Douglaston Development

12,000-Square-Foot Supermarket Revealed for New Affordable Housing Complex in Bedford Park, The Bronx

7:00 am on July 28, 2021 By Sebastian Morris

The next phase of development at 2856 Webster Avenue, a new affordable housing complex in Bedford Park, The Bronx will introduce a sprawling new grocery store operated by Cherry Valley Marketplace. The retailer has committed to operate under guidelines established New York City’s Food Retail Expansion to Support Heath (FRESH) program, which promotes the establishment and retention of grocery stores that dedicate required selling space to perishable food items within underserved communities.

Aerial render of Queens Plaza Park looking west towards Manhattan, from The Durst Organization

Sven Wraps Up Construction at 29-37 41st Avenue in Long Island City, Queens

8:00 am on July 27, 2021 By Michael Young

It looks like construction is coming to a close on Sven, a 762-foot-tall skyscraper at 29-37 41st Avenue and the second-tallest building in Long Island City, Queens. Also known as Queens Plaza Park, the 67-story tower is designed by Handel Architects for The Durst Organization and will yield 958 rental units with interiors designed by Selldorf Architects, including 300 units set aside as affordable housing. Hunter Roberts is the general contractor and Jaros, Baum & Bolles Engineering administered the mechanical systems for the project, which is bound by Northern Boulevard to the east, Queens Plaza North and Dutch Kills Green to the south, and 41st Avenue to the west.

Rendering of Terminal Warehouse at 11th Avenue (Credit: COOKFOX)

$1.25B Financing Package Secured to Complete Terminal Warehouse Redevelopment in Chelsea, Manhattan

7:00 am on July 27, 2021 By Sebastian Morris

L&L Holding Company and Columbia Property Trust have successfully closed on $1.25 billion in construction financing to complete a commercial overhaul of Terminal Warehouse in Chelsea, Manhattan. Led by COOKFOX Architects, the property will eventually house a mix of Class A office suites, retail space, and dining area.

75 Affordable Housing Units Available at The Crossing at Jamaica Station, 147-40 Archer Avenue in Queens

7:00 am on July 26, 2021 By Vanessa Londono

The affordable housing lottery has launched for The Crossing at Jamaica Station, a 30-story mixed-use residential building at 147-40 Archer Avenue in Jamaica, Queens. Designed by FXCollaborative and developed by BRP Companies, the structure yields 539 residences. Available on NYC Housing Connect are 75 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,915 to $192,400.

Multi-Tower Calyer Place Development Steadily Rises in Greenpoint, Brooklyn

8:00 am on July 25, 2021 By Michael Young

Construction is rising on Calyer Place, a nearly 1 million-square-foot waterfront residential development in Greenpoint, Brooklyn. Designed by Cooper Robertson & Partners with SLCE Architects as the architect of record and developed by M&H Realty LLC, the project consists of a pair of 40-story towers along with 32- and 22-story siblings, and will yield 700,000 square feet of residential space with 700 apartments, 10,000 square feet of commercial space, 7,160 square feet for unspecified community facility use, and over 600 parking spaces. The site was once home to the historic Greenpoint Terminal Market, which suffered a ten-alarm fire and was demolished in 2017.

173-175 Chrystie Street Progresses Behind Scaffolding on Manhattan’s Lower East Side

7:30 am on July 25, 2021 By Michael Young

Work is progressing behind scaffolding on 173-175 Chrsytie Street, a topped-out ten-story residential building on Manhattan’s Lower East Side. Designed by ODA Architects and developed by Nexus Building Development Group, Inc., the 25,500-square-foot-structure will yield 13 units ranging from two- to three-bedroom layouts, as well as 1,537 square feet of ground-floor retail space. The structure stands opposite Sara D. Roosevelt Park and immediately to the north of two other current residential buildings from the same design and development team, 167 Chrystie Street and 165 Chrystie Street.

Rendering of Union Square Tech Training Center at 124 East 14th Street

Zero Irving Nears Completion at 124 East 14th Street in Union Square, Manhattan

7:30 am on July 24, 2021 By Michael Young

Work is nearing completion on Zero Irving, a 21-story mixed-use building at 124 East 14th Street in Union Square. Designed by Davis Brody Bond and developed by RAL Development, as well as financial partners Junius Real Estate Partners and Suffolk Construction, the 176,000-square-foot edifice stands topped out and will open as an affordable and market-rate office building for technology firms with a range of amenities. Zero Irving is located along East 14th Street between Broadway to the west and Third Avenue to the east. Leasing is now underway with JLL as the exclusive marketing agent.

Stevens Institute Of Technology’s Expansion Nears Completion In Hoboken, New Jersey

8:00 am on July 23, 2021 By Michael Young

Construction is almost complete on Stevens Institute of Technology‘s new two-tower Student Housing and University Center in Hoboken, New Jersey. Designed by Design Collective and Wallace Roberts and Todd, the 392,000-square-foot structure is comprised of 16- and 18-story towers rising from a 70,000-square-foot podium, and is the largest expansion in the institute’s history. The new building will accommodate 994 students, bringing Stevens’ cumulative resident capacity up to 3,500. The project is located along the Hudson River waterfront and is expected to cost $256 million.

Rendering of 258-278 8th Avenue - Courtesy of JJ Operating

Lenders Confirm $183M Financing Package for 258-278 Eighth Avenue in Chelsea, Manhattan

7:30 am on July 23, 2021 By Sebastian Morris

Square Mile Capital and Pacific Western Bank are set to provide $183 million in construction financing for a 12-story mixed-use property at 258-278 Eighth Avenue in Chelsea, Manhattan. A new Target retail store will occupy 28,000 square feet of the building’s lower levels. Above these floors, the development will house 190 rental apartments and associated amenities.

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Mixed-Use

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