Retail

10-04 Borden Avenue Wraps Up Construction in Long Island City, Queens

Construction is finishing up on 10-04 Borden Avenue, a three-story commercial building in Long Island City, Queens. Developed and built by The Vorea Group under the Borden Ave Opportunity Zone Business LLC, the 56,000-square-foot structure will feature New York City’s first iFLY indoor skydiving facility and a separate commercial space. The plot spans nearly half an acre by the three-way intersection of Borden Avenue, Vernon Boulevard, and Jackson Avenue.

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New Renderings Revealed For ‘The Coney’ Casino Master Plan in Coney Island, Brooklyn

New renderings have been revealed for The Coney, a massive casino, hotel, and entertainment complex proposed for Coney Island, Brooklyn. Designed by FXCollaborative and developed by Saratoga Casino Holdings, Global Gaming Solutions, Legends, and Thor Equities, the project is the latest in the slew of New York City casino proposals vying for the coveted downstate gaming license. If realized, it would also bring a 32-story, 500-room hotel tower, a 2,500-seat concert venue, 90,000 square feet of meeting and event space, retail and dining establishments, and a public green space to the proverbial People’s Playground.

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Jasper Stands Topped Out At 2-33 50th Avenue in Long Island City, Queens

Construction has topped out on Jasper, a 13-story residential building at 2-33 50th Avenue in the Hunters Point district of Long Island City, Queens. Designed by S9 Architecture and developed by The Domain Companies, LMXD, Bridge Investment Group, and The Vorea Group, the 125-foot-tall structure will span 550,000 square feet and yield 499 units in studio to three-bedroom layouts with 150 reserved for affordable housing, as well as 40,000 square feet of retail space, 503 square feet for a community facility under the Brownfield Award, 111 enclosed parking spaces, and a 30-foot-long rear yard. The $370 million project is alternately addressed as 49-20 5th Street and is bound by 49th Avenue to the north, 50th Avenue to the south, and 5th Street to the east.

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499 President Street’s Façade Progresses in Gowanus, Brooklyn

Façade installation is continuing on 499 President Street, an eight-story residential building in Gowanus, Brooklyn. Designed by SLCE Architects and developed by The Brodsky Organization and Avery Hall Investments, the 85-foot-tall structure will span 322,000 square feet and yield 350 rental units in studio to two-bedrooms layouts, with 25 percent designated for affordable housing, as well as 20,000 square feet of ground-floor retail space. The 1.6-acre property is bound by Union Street to the north, President Street to the south, and Nevins Street to the west.

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1162 Broadway Completes Construction in NoMad, Manhattan

Construction is complete on 1162 Broadway, a 14-story commercial building in the Madison Square North Historic District of NoMad, Manhattan. Designed by Morris Adjmi Architects and developed by Okada & Co. under the 1162 Broadway LLC, the 185-foot-tall structure yields 30,000 square feet of Class A office space and 1,800 square feet for a restaurant on the ground floor and cellar level. The property is located between West 27th and 28th Streets on a narrow interior lot.

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