Construction has officially topped out on Valley National Bank’s new headquarters in Morristown, New Jersey. Designed by Gensler and developed in collaboration by SJP Properties and Scotto Properties, the building is located along Speedwell Avenue near Cattano Avenue and replaces several vacant commercial properties.
Exterior work is getting closer to completion on The Brooklyn Tower, a 93-story residential supertall at 9 DeKalb Avenue in Downtown Brooklyn. Designed by SHoP Architects and developed by JDS Development, the 1,066-foot skyscraper stands as the tallest structure in the outer boroughs and will yield 550 residences, with 150 condominiums, 280 market-rate rentals, and 120 affordable rentals, as well as a 100,000-square-foot retail podium that incorporates the renovated landmarked Dime Savings Bank of Brooklyn. Gachot Studios is in charge of residential interior design, Krista Ninivaggi of Woods Bagot is handling amenity design, HMWhite is the landscape designer, R&R Scaffolding supplied the BMU, and Douglas Elliman Development Marketing Group is the exclusive marketing, sales, and leasing agent 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 of Brooklyn to the west.
Occupancy has begun at The Selby, a 237-unit apartment complex at 695 Merrick Avenue in Westbury, New York. The complex is the latest residential development from The Beechwood Organization, a Long Island-based developer that has built nearly 10,000 homes since the 1980s.
Excavation is progressing at 125 West 57th Street, the site of a 30-story commercial building on Billionaires’ Row in Midtown, Manhattan. Designed by FXCollaborative and developed by Alchemy Properties and ABR Partners, the $350 million project will yield 185,000 square feet of offices and ground-floor space for the Calvary Baptist Church. Leading Builders Group is the general contractor for the property, which is located between Sixth and Seventh Avenues, near supertalls One57 and 111 West 57th Street.
Chess Builders, a New York City-based developer, has revealed renderings for a forthcoming rental property at 218 Front Street in Vinegar Hill, Brooklyn. Designed by S. Wieder Architect, the building will stand seven stories tall and will replace a single-story warehouse.