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Façade Work Progresses on Bankside’s 2401 3rd Avenue Complex in Mott Haven, The Bronx

7:30 am on June 26, 2021 By Michael Young

Exterior work is continuing to shape up on 2401 Third Avenue, a three-tower complex designed by Hill West Architects in Brookfield Properties‘ Bankside master plan in Mott Haven, The Bronx. The 4.3-acre development is a combination of two sites along the northern side of the Harlem River. 2401 Third Avenue is located on the western side of the Third Avenue Bridge, and 101 Lincoln Avenue is the larger counterpart found on the opposite side. Bankside will provide seven residential buildings, 15,000 square feet of retail space, a community facility run by a local nonprofit yet to be named, and 34,000 square feet of public waterfront space. Brookfield purchased the two parcels for $165 million in September 2018 from Somerset Partners and The Chetrit Group. Ground was first broken on 2401 Third Avenue in the fall of 2019, and construction on Bankside is expected to cost $950 million and yield 1,370 units.

Aerial view of The Vantage - Fisher Development Associates

Tower Two at The Vantage Launches Leasing in Paulus Hook, Jersey City

7:00 am on June 26, 2021 By Sebastian Morris

Leasing has officially launched at The Vantage Tower Two, the final component of a dual-tower high-rise development near the waterfront edge of Jersey City. From Fisher Development Associates, Tower Two is located at 1 Park View Avenue. The first building, completed in 2017, is listed as 33 Park View Avenue.

Virgin Hotel’s Façade Wrapping Up at 1225 Broadway in NoMad, Manhattan

8:00 am on June 24, 2021 By Michael Young

Exterior work is nearing completion on the 476-foot-tall Virgin Hotel at 1225 Broadway in NoMad. Designed by Stantec and developed by Lam Group, the 38-story rectilinear tower will yield 300,000 square feet and 460 hotel rooms managed by Sir Richard Branson of Virgin Group. The property sits on an angled trapezoidal plot bound by Broadway, West 29th Street, and West 30th Street. This will be the first Virgin Hotel establishment in New York City.

Rendering of 41-47 West 57th Street by OMA

New Rendering by OMA Highlights 41-47 West 57th Street’s Height, In Midtown Manhattan

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

OMA released a new preliminary rendering of 41-47 West 57th Street, which YIMBY reported on last week when it was heard that the planned mixed-use 1,100-foot-high supertall would rise along Billionaires’ Row over West 57th Street over the next several years. Crain’s reported that Sedesco will also offer to bring in a pair of new ADA-accessible elevators to the nearby 57th Street station on Sixth Avenue in exchange for an additional 52,000 square feet of space for the potential 443,100-square-foot Midtown, Manhattan project. About 237,100 square feet will be devoted toward residential usage with 119 units, while nearly 205,100 square feet of commercial space will make room for a 158-room hotel and a 10,212-square-foot restaurant. 41-47 West 57th Street is located between Fifth and Sixth Avenues and will include ground-floor frontage on both West 57th and 58th Streets.

Aerial view of Two South Willow - Marchetto Higgins Stieve and Minno Wasko

Developers Launch Leasing at Two South Willow Street in Montclair, New Jersey

7:00 am on June 22, 2021 By Sebastian Morris

Leasing has officially launched at Two South Willow, a new rental property at 2 South Willow Street in downtown Montclair, New Jersey. Designed by Marchetto Higgins Stieve and Minno Wasko with interiors by Kara Mann Design, the six-story building yields 200 apartments ranging from studios up to two-bedroom accommodations. Each home features open living spaces, modern kitchens with stainless steel appliances, walk-in closets for many of the residences, and in-unit washer dryers. Select units will have a private terrace or balcony.

300 West 30th Street’s Envelope Progresses in Chelsea, Manhattan

7:30 am on June 21, 2021 By Michael Young

Curtain wall installation is progressing on 300 West 30th Street, a 16-story residential building in Chelsea. Designed by Studio C Architects and developed by Hiwin USA, the property is located at the corner of West 30th Street and Eighth Avenue, a short walk from Madison Square Garden, Penn Station, and the new Moynihan Train Hall, and will yield 80 residential units and ground-floor retail space. The developer purchased the site from Salt Equities for $27.5 million in May 2018.

351 Marin Boulevard’s Brick Façade Nears Completion in Jersey City

8:00 am on June 20, 2021 By Michael Young

The brick and glass curtain wall is nearing completion on 351 Marin Boulevard, a 383-foot-tall residential tower in downtown Jersey City. Designed by Hollwich Kushner in collaboration with HLW International and developed in a joint venture between KRE Group and Northwestern Mutual, the 38-story edifice will yield 507 residential units, 8,000 square feet of commercial space, 203 parking spaces, and a 4,500-square-foot public plaza with a freestanding pavilion. The property is located on a rectangular parcel bound by Marin Boulevard to the east, 1st Street to the north, Bay Street to the south, and low-rise buildings to the west.

Excavation and Foundations Progressing at 241 West 28th Street in Chelsea, Manhattan

7:30 am on June 20, 2021 By Michael Young

Below-grade work is progressing at 241 West 28th Street, a 22-story, 479-unit residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the two-tower development recently acquired $173 million in construction financing arranged by Maverick Commercial Properties. MAG Partners acquired the Midtown, Manhattan property in December 2018 and established a 99-year ground lease with Edison Properties. 241 West 28th Street is located between Seventh and Eighth Avenues and will have 30 percent of residential units reserved for low- and middle-income households. Urban Atelier Group is the general contractor.

Massing diagram illustrates Stevens Commons with expanded buildings - WXY Architecture

Stevenson Commons Expansion Project in The Bronx Proceeds to Next Step of Review by the Department of City Planning

7:00 am on June 20, 2021 By Sebastian Morris

The Department of City Planning is now reviewing Environmental Impact Statements for a six-building expansion of Stevenson Commons in the Soundview section of The Bronx. Owned by Camber Property Group, the development site is located at White Plains Road and 1850 Lafayette Avenue and currently comprises nine Mitchell-Lama buildings spanning 990,050 square feet.

Three-Acre Development Site Now on Sale at 385-425 Bay Street in Staten, Island

7:00 am on June 19, 2021 By Sebastian Morris

A rare waterfront development site recently entered the market in the Stapleton section of Staten Island. The site comprises a 72,000-square-foot lot at 385 Bay Street and an 88,265-square-foot lot at 425 Bay Street. The entire site spans 3.67 acres and is zoned for both residential and commercial use.

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