Retail

Brooklyn’s 475 Clermont Cleared for Occupancy, in Fort Greene

Developer RXR Realty and construction partner BCG recently celebrated their first temporary certificate of occupancy (TCO) at 475 Clermont, a 12-story development in Fort Greene, Brooklyn. The 363-unit, 400,000-square-foot structure contains a mix of residential homes and retail space. The TCO comes one month ahead of schedule and will allow occupancy to occur two months earlier than originally planned. Aufgang Architects is behind the design for the mixed-use rental building, which will contain 73 units for affordable housing and below-market rates.

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YIMBY Tours the Residential Conversion of One Wall Street, in Financial District

YIMBY went on a hard hat tour of One Wall Street, a historic, 51-story Art Deco tower designed by Ralph Walker and completed in 1931. Formerly the headquarters of the Bank of New York and Irving Trust Company, the Financial District icon is currently undergoing a $1.5 billion residential conversion and expansion. A five-story addition is underway and being constructed above the adjoining mid-century annex. SLCE Architects is serving the architect of record while Harry Macklowe of Macklowe Properties is the developer. CORE is handling sales and marketing of the planned 566 housing units.

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111 Varick Street Rises Past First Setback, in Hudson Square

Work on 111 Varick Street’s reinforced concrete structure is making swift progress in Hudson Square, recently surpassing the first of several setbacks. Located at the northern corner of Varick Street and Broome Street, the future 27-story residential tower received a design update late last year, which can be seen in the featured image above. The rental project is being designed by S9 Architecture and developed by Madigan Development. It will contain 100 affordable and market-rate units, as well as ground-floor retail space. CM & Associates is in charge of construction.

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