Retail

Façade Installation Begins for 77-87 Commercial Street as Construction Rises in Greenpoint, Brooklyn

8:00 am on February 20, 2022 By Michael Young

Façade installation has begun as construction continues to rise on 77-87 Commercial Street, a two-tower development along Newtown Creek in Greenpoint, Brooklyn. Designed by CetraRuddy and developed by Clipper Equity, the project consists of the 40-story, 429-foot tall, 298-unit 87 Commercial Street and the 30-story, 331-foot tall, 222-unit 77 Commercial Street, connected by a shared seven-story podium. The 811,000-square-foot property will yield 200 affordable housing units and a 300-vehicle parking garage below grade. Ray Builders Inc. is the general contractor, Hatfield Group is the façade consultant, RC Structures is pouring the concrete, and WSP is the structural engineer for the complex, which is located at the confluence of Commercial and Box Streets.

45-30 Pearson Street’s Brick Cladding Progresses in Long Island City, Queens

7:30 am on February 20, 2022 By Michael Young

Brickwork is progressing on 45-30 Davis Street, a 21-story residential tower in Long Island City, Queens. Designed by Marvel Architects and developed by ZD Jasper Realty and Ascent Development, the 229-foot-tall, 62,000-square-foot building will yield 82 residences averaging 750 square feet as well as ground-floor retail space and 34 parking spots. Tom Wu under Davis Street Development LLC is listed as the owner behind the applications, Modern Spaces is marketing the homes, and King Contracting Group is in charge of doing the brick work and the roofing for the property, which is located off Jackson Avenue between Pearson Street and Davis Street, a short walk from the Court Square station that services the 7, E, M, and G trains.

YIMBY Scopes Views from One Essex Crossing at 202 Broome Street on Manhattan’s Lower East Side

8:00 am on February 18, 2022 By Michael Young

YIMBY went on a tour of One Essex Crossing, a 14-story mixed-use building at 202 Broome Street and one component of the nine-building Essex Crossing development on Manhattan’s Lower East Side. Designed by CetraRuddy for Delancey Street Associates, a partnership of BFC Partners, L+M Development Partners, Taconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the property yields residential and office space on a full-block parcel bound by Delancey Street to the north, Broome Street to the south, Suffolk Street to the east, and Norfolk Street to the west. Corcoran Sunshine Marketing Group is handling marketing and sales for One Essex Crossing, which is approaching 50 percent sold.

Preliminary rendering of proposed alterations at 541 Columbus Avenue (61 West 86th Street) - Giannopoulos Architects

Renderings Reveal Façade Alterations for 541 Columbus Avenue on Manhattan’s Upper West Side

7:30 am on February 18, 2022 By Sebastian Morris

The Landmarks Preservation Commission (LPC) is now reviewing proposals to update a ground-floor retail space at 541 Columbus Avenue on Manhattan’s Upper West Side. The existing five-story mixed-use building, alternatively referred to as 61 West 86th Street, sits within the boundaries of the Upper West Side Historic District and requires a Certificate of Appropriateness from the LPC before any construction can begin.

55 Suffolk Street Reaches Pinnacle Over Manhattan’s Lower East Side

8:00 am on February 16, 2022 By Michael Young

Construction has topped out on 55 Suffolk Street, a 30-story residential building on Manhattan’s Lower East Side. Designed by Dattner Architects and developed by Gotham Organization, the 310-foot-tall structure is the taller in the two-building Broome Street Development complex along with the 16-story The Norfolk Senior Housing Building at 64 Norfolk Street to the west. Both buildings will collectively span 387,223 square feet and yield a total of 488 rental units, of which 43 percent will be dedicated to permanently affordable housing. Monadnock Construction, Inc. is the general contractor for the two buildings, which are being built between Suffolk and Norfolk Streets.

Leasing Launches for Magnolia DUMBO at 85 Jay Street in DUMBO, Brooklyn

8:00 am on February 15, 2022 By Michael Young

Leasing has begun for 85 Jay Street, a 1.1-million-square-foot residential development in DUMBO, Brooklyn. Designed by Morris Adjmi Architects, the project consists of a pair of 21-story buildings that rise from a multi-level podium with multiple retail spaces. The residential component comprises Front & York, a collection of 408 condominiums from CIM Group and LIVWRK, and Magnolia DUMBO, a slate of 320 rental units from RXR Realty with marketing led by Douglas Elliman Development Marketing Group. New Line Structures is the general contractor for the property, which occupies a full-block parcel bound by Front Street to the north, York Street to the south, Bridge Street to the east, and Jay Street to the west.

Rendering of 555 Broadway - ODA Architecture

New Development Team Revealed for 555 Broadway in Williamsburg, Brooklyn

7:00 am on February 15, 2022 By Sebastian Morris

Loketch Group, the Joyland Group, and Meral Property Group have formed a joint venture to begin a new mixed-use project at 555 Broadway in Brooklyn. The address represents a large, wedge-shaped assemblage on the border of South Williamsburg and Broadway Triangle.

YIMBY Checks Out the Views From TSX Broadway at 1568 Broadway in Times Square, Manhattan

8:00 am on February 14, 2022 By Michael Young

YIMBY went on a tour of TSX Broadway, a 46-story hotel that topped out last week at 1568 Broadway in Times Square. Designed by Perkins Eastman and Mancini Duffy and developed by L&L Holding Company and Fortress Investment Group, the 470-foot-tall tower will yield 550,000 square feet with a 669-key hotel, retail space, restaurants, and a cantilevering outdoor performance stage that overlooks Times Square. The property is also home to the historic Palace Theatre, which will soon be raised by Urban Foundation and Engineering. PBDW Architects is restoring the interior of the theatre, and Pavarini McGovern is the general contractor for 1568 Broadway, which is located at the corner of Seventh Avenue and West 47th Street. The project is expected to cost around $2.5 billion.

Nevins Street Apartments Nears Completion at 50 Nevins Street in Downtown Brooklyn

7:30 am on February 14, 2022 By Michael Young

Construction is finishing up on The Nevins Street Apartments, a residential building at 50 Nevins Street in Downtown Brooklyn. Designed by Dattner Architects and developed by Institute for Community Living (ICL), the project involved the gut renovation of a 95-year-old eight-story building and the construction of a ten-story volume along Schermerhorn Street that extends over the northeast corner of the original structure’s roof. The 114,000-square-foot property will yield 129 affordable apartments as well as mental health support services for low-income residents. Mega Contracting Group LLC is the general contractor and King Contracting Group built the masonry walls for the addition, which is located at the corner of Nevins and Schermerhorn Streets.

Flatbush Central Caribbean Marketplace Debuts at Caton Flats in Flatbush, Brooklyn

7:00 am on February 14, 2022 By Sebastian Morris

Caton Flats, a new 14-story affordable housing property in Brooklyn, is now the new home of the Flatbush Central Caribbean Marketplace. Located at 2123 Caton Avenue in Flatbush, the marketplace formerly existed as Flatbush Caton Market and was a neighborhood staple for more than 20 years.

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