Retail

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

Terminal Warehouse Expansion Progresses at 261 Eleventh Avenue in West Chelsea, Manhattan

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

Construction is progressing on Terminal Warehouse, where a seven-story commercial addition is being constructed above the historic 132-year-old building at 261 Eleventh Avenue in West Chelsea, Manhattan. Designed by COOKFOX Architects and developed by L&L Holding Company and Columbia Property Trust, the $1.25 billion project was approved by the Landmarks Preservation Commission in January 2020 and will reinvigorate the structure with a mix of Class A office suites, retail space, and multiple dining options. New Line Structures & Development is the general contractor for the property, which spans an entire city block bound by West 28th Street to the north, West 27th Street to the south, Eleventh Avenue to the east, and West Street to the west.

Daytime rendering of the Neumann Leathers redevlopment - Courtesy Nastasi Architects

Proposals Reveal New Plans to Redevelop the Neumann Leathers Industrial Warehouse at 300 Observer Highway in Hoboken, New Jersey

7:30 am on February 1, 2023 By Sebastian Morris

Proposals to redevelop and expand the historic Neumann Lathers Industrial Warehouse at 300 Observer Highway in Hoboken, New Jersey, are again under review by local officials. Initial plans to redevelop the property into a mixed-use commercial hub date back to 2015, but have failed to gain approval from the city and support from community leaders.

Arial rendering of Arvene East - Bernheimer Architecture; Local Office Landscape & Urban Design

Developers Secure $44.7M to Complete Infrastructure Improvement Project in Arverne, Queens

7:00 am on January 31, 2023 By Sebastian Morris

L+M Development Partners, Bluestone Organization, and Triangle Equities have closed on $44.66 million in financing to complete a major infrastructure improvement project in Arverne, Queens, a small coastal neighborhood on the Rockaway Peninsula. The financing will cover the reconstruction of Edgemere Avenue between Beach 32nd and Beach 38th Streets, critical infrastructure improvements to the surrounding neighborhood, and the completion of Arverne East, a 1,650-unit master-planned community.

A completed building at The Fountains - Courtesy of Jasmine Blake, Berlin Rosen

The Fountains Affordable Housing Development Achieves Full Occupancy in East New York, Brooklyn

7:00 am on January 30, 2023 By Sebastian Morris

The Fountains, a 1,163-units affordable housing complex in East New York, Brooklyn is now 100 percent leased. Developed by The Arker Companies, the complex spans 35 acres and includes six buildings located at 11629 Seaview Avenue, 911 Erskine Street, 10 Schroeder’s Walk, 702 Vandalia Avenue, 881 Erskine Street, and 894 Fountain Avenue.

Rendering of Sherman Plaza at 4650 Broadway - Courtesy of View, Inc.

Renderings Reveal Updated Design for Sherman Plaza at 4650 Broadway in Inwood, Manhattan

7:00 am on January 29, 2023 By Sebastian Morris

New renderings from smart-building technology development company View, Inc. are the first to reveal an updated design for Sherman Plaza, a mixed-use tower at 4560 Broadway in Inwood, Manhattan. Designed by Handel Architects for developer Arden Group, the 20-story building will comprise 222 rental apartments set atop a four-story podium with retail space and a community facility.

201-207 7th Avenue - Amie Gross Architects

Demolition Continues at 201-207 Seventh Avenue in Chelsea, Manhattan

8:00 am on January 28, 2023 By Michael Young and Matt Pruznick

Demolition is progressing at 201-207 Seventh Avenue, the site of a nine-story residential building in Chelsea, Manhattan. Designed by Amie Gross Architects and developed by New York City’s Department of Housing Preservation and Development, the 85-foot-tall structure will span 30,859 square feet and yield 26 affordable co-op units in studio to three-bedroom layouts, as well as 1,828 square feet of retail space divided among three tenants. Star Companies is the general contractor for the property, which is alternately addressed as 170 West 22nd Street and located at the southeast corner of Seventh Avenue and West 22nd Street.

509 Third Avenue’s Façade Progresses Over Murray Hill, Manhattan

8:00 am on January 27, 2023 By Michael Young and Matt Pruznick

Exterior work is progressing on 509 Third Avenue, a 35-story residential tower in Murray Hill. Designed by Ismael Leyva Architects and developed by Kahen Properties with Lalezarian Properties under the Third and Thirty Four LLC, the 386-foot-tall structure will span 166,917 square feet and yield 229 units with an average scope of 692 square feet, as well as 8,253 square feet of retail space and a 30-foot-long yard. Charlton Development Group is the general contractor for the project, which is located at the corner of Third Avenue and East 34th Street.

278 Eighth Avenue Tops Out in Chelsea, Manhattan

8:00 am on January 25, 2023 By Michael Young and Matt Pruznick

Construction has topped out on 278 Eighth Avenue, a 14-story mixed-use building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 175-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project, which is being constructed by Leeding Builders Group between West 23rd and West 24th Streets.

Rendering of the rooftop pool and sundeck at The Suffolk - Courtesy of The Gotham Organization

Amenities Revealed for The Suffolk at 55 Suffolk Street on Manhattan’s Lower East Side

7:30 am on January 25, 2023 By Sebastian Morris

The Gotham Organization has revealed new renderings of the amenity spaces at The Suffolk, a 378-unit residential tower at 55 Suffolk Street on Manhattan’s Lower East Side. Designed by Dattner Architects and JG Neukomm Architecture, the 30-story tower comprises 330,000 square feet and is a major component of the developer’s Broome Street Development.

The Brooklyn Tower’s Podium Continues to Take Shape in Downtown Brooklyn

8:00 am on January 24, 2023 By Michael Young and Matt Pruznick

Work is continuing on the multi-story podium of The Brooklyn Tower, a 1,066-foot residential supertall at 9 DeKalb Avenue in Downtown Brooklyn. Designed by SHoP Architects and developed and built by JDS Development, the 93-story skyscraper stands as the tallest structure in the outer boroughs that will yield 550 units composed of 150 condominiums, 120 affordable rentals, and 280 market-rate rentals, as well as a 100,000-square-foot retail podium incorporated into the landmarked Dime Savings Bank of Brooklyn. Douglas Elliman Development Marketing Group is the marketing, sales, and leasing agent for the residential component, Gachot Studios is the interior designer, Krista Ninivaggi of Woods Bagot is the amenity designer, and HMWhite is the landscape designer for the property, which is bound by Flatbush Avenue Extension to the northeast, Fleet Street to the northwest, DeKalb Avenue to the south, and the adjoining Dime Savings Bank to the west.

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