At number three on our December countdown of the tallest buildings underway in New York is 570 Fifth Avenue, a potential 1,101-foot supertall in Midtown, Manhattan. Developed by Extell, the skyscraper could rise 78 stories and span 1.4 million square feet with hotel and condominium components. Alternately, the plot could give rise to an 860-foot-tall, 47-story office tower yielding more than 1.5 million square feet. ALBA Services is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 46th Street.
Developers and New York State agencies have revealed renderings for Alafia, a 27-acre redevelopment project in East New York, Brooklyn. Located along Fountain Avenue near the Betts Creek waterfront, the $1.2 billion multi-phase campus will create 2,400 affordable apartments, a 15,000-square-foot outpatient medical clinic, retail space, multiple parking areas, and a mix of publicly accessible green space and recreational area.
Leading off the top five in our year-end countdown of the tallest construction projects underway in New York is 740 Eighth Avenue, a planned 1,067-foot hotel and observation tower in Midtown, Manhattan. Designed by ODA with SLCE Architects as the architect of record and developed by Extell, the 52-story supertall will span 776,000 square feet with 825 hotel rooms on the lower half and a public observatory with a drop ride attraction on the upper levels. The project will also feature retail space, two upper restaurant floors, and a pool deck. Lendlease is the general contractor, WSP is the structural engineer, and Ancora Engineering is handling the excavation and foundations for the property, which is located between West 45th and 46th Streets on the border of Times Square and Hell’s Kitchen.
Construction is wrapping up on 963 Atlantic Avenue, a nine-story residential building in Clinton Hill, Brooklyn. Designed by Kutnicki Bernstein Architects and developed by Efraim Weber, the structure will yield 124 rental units designed by Durukan Design in studio, one-, and two-bedroom layouts, as well as ground-floor retail space for two tenants and a selection of amenities. Durukan Designers is the interior designer and NY Developers and Management is the general contractor for the property, which is alternately addressed as 957 Atlantic Avenue and is located between Classon Avenue to the east and Grand Avenue to the west.
Riverhead and Amityville, a pair of small towns in Suffolk County, Long Island, are the latest recipients of a $10 million Downtown Revitalization Initiative (DRI) award from New York State agencies. The initiative is described as an economic development program and is backed by the Department of State, Empire State Development, the New York State Homes and Community Renewal, and NYSERDA.