Retail

Foundations Underway At 320 and 340 Nevins Street in Gowanus, Brooklyn 

Excavation and foundations are progressing at 300 Nevins Street, the site of a two-tower residential project in Gowanus, Brooklyn. Designed by Fogarty Finger and developed by Charney Companies and Tavros Capital, the 600,000-square-foot complex will yield 654 rental units with 25 percent designated as affordable housing, as well as ground-floor retail space and a public waterfront esplanade designed by James Corner Field Operations. Broadway Construction Group is the general contractor for the 2.3-acre full-block property, which is alternately addressed as 417 Carroll Street and bound by Union Street to the north, Carroll Street to the south, Nevins Street to the east, the Gowanus Canal to the west.

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1491-1493 Reaches Halfway Mark On Manhattan’s Upper East Side

Construction has reached the halfway mark on 1491-1493 First Avenue, a 35-story residential building on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Carmel Partners, which purchased the property from Robert Chou for $73.5 million in early 2022, the 404-foot-tall structure will yield 206 condominium units, 7,120 square feet of ground-floor retail space, and a cellar level. CP VII 78th Street Owner is the owner and Carmel Construction East is the general contractor for the project, which is located at the southwestern corner of First Avenue and East 78th Street.

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395 Carroll Street and 325 Bond Street Rise in Gowanus, Brooklyn 

Construction continues to rise on 395 Carroll Street, a two-tower mixed-use development in Gowanus, Brooklyn. Designed by Hamish Whitefield Architects and developed by Rabsky Group with $92 million in construction financing from G4 Capital, the 226-foot-tall project will span 526,000 square feet and yield 298 condominium units with an average scope of 1,365 square feet, as well as 51,000 square feet of ground-floor commercial space, a cellar level, a 40-foot-long rear yard, and 52 enclosed parking spaces. President Union LLC is the owner and Sky Construction NY Inc. is the general contractor for the project, which is alternately addressed as 325 Bond Street and bound by Union Street to the north, Carroll Street to the south, the Gowanus Canal to the east, and Bond Street to the west.

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41-08 Crescent Street Readies for Excavation in Astoria, Queens

Excavation is set to begin at 41-08 Crescent Street, the site of a planned residential tower in Long Island City, Queens. YIMBY last reported that the property would give rise to a 17-story, 189-foot-tall structure designed by Dan Ionescu Architects, developed by Forte Italia LLC, and owned by TPEC Management. However, it appears that the scope of the project may have changed under the new ownership of The Pecora LLC. WMCM LLC is the general contractor for the property, which is bound by 41st Avenue to the northeast, 24th Street to the northwest, and Crescent Street to the southeast.

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270 West 96th Street courtesy of Fetner Properties

266 West 96th Street Finishes Construction on Manhattan’s Upper West Side

Construction is wrapping up on 266 West 96th Street, a 23-story residential building on Manhattan’s Upper West Side. Designed by SLCE Architects and developed by Fetner Properties, the 235-foot-tall structure yields 171 rental units with 68 dedicated to affordable housing, as well as 8,961 square feet of community facility space. Urban Atelier Group is the general contractor for the property, which is located on an interior lot between West End Avenue and Broadway.

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