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Rendering of 555 Broadway - ODA Architecture

Exclusive New Renderings Reveal The Collective’s 28-Story Flagship at 555 Broadway in Brooklyn

8:00 am on January 19, 2021 By Sebastian Morris

In an exclusive reveal, new renderings from ODA offer a first look at The Collective’s forthcoming New York City flagship in North Brooklyn. Located at 555 Broadway on the border of South Williamsburg and Broadway Triangle, the building will top out at 28 stories and contain a mix of rental apartments, short-stay rooms, shared office space, retail, community facilities, and a collection of amenity spaces.

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Excavation Underway at 241 West 28th Street in Chelsea, Manhattan

7:00 am on January 19, 2021 By Michael Young

Excavation has begun at 241 West 28th Street, the site of a 22-story, 479-unit residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the two-tower development is progressing due to $173 million in construction financing arranged by Maverick Commercial Properties. MAG Partners acquired the property, which is located between Seventh and Eighth Avenues, in December 2018 and established a 99-year ground lease with Edison Properties. Thirty percent of the residential units will be reserved for low- and middle-income households.

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Rendering of the new Penn Station - Office of Governor Andrew M Cuomo

Governor Andrew Cuomo Announces 2021 Agenda to Improve New York State Infrastructure

8:00 am on January 16, 2021 By Sebastian Morris

Governor Andrew Cuomo this week unveiled a multi-billion dollar initiative to revitalize and rebuild infrastructure across New York State. Entitled “Reimagine | Rebuild | Renew,” the 2021 agenda is touted as the largest state infrastructure plan in the country and sets in motion the improvement of state roadways, public transportation, airports, and large swaths of Midtown, Manhattan.

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300 West 30th Street Nears Topping Out in Chelsea, Manhattan

7:30 am on January 16, 2021 By Michael Young

Construction is nearing topping out at 300 West Street, a 16-story mixed-use building in Chelsea. The structure will yield 80 residential units as well as ground-floor retail space. The project is designed by Studio C Architects and developed by Hiwin USA, which purchased the property from Salt Equities in May 2018 for $27.5 million. The site is located at the corner of Eighth Avenue and West 30th Street, a short walk away from number of transit hubs including Penn Station and the newly opened Moynihan Train Hall.

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