Domain Companies has closed on a $176 million construction loan to complete a 360-unit two-tower development at 420 Carroll Street in Gowanus, Brooklyn. Designed by FXCollaborative, the waterfront property will comprise a 20-story tower, a 15-story tower, and a publicly accessible connection to the Gowanus Canal promenade.
Construction has topped out on 249 East 62nd Street, a 28-story residential tower on Manhattan’s Upper East Side. Designed by INC Architecture & Design with SLCE Architects as the executive architect and developed by Zeckendorf Development, the 347-foot-tall structure will yield 66 condominiums with two to four homes per level. CM & Associates is the general contractor for the property, which is located by the corner of Second Avenue and East 62nd Street.
Construction has topped out on 35 Commercial Street, a 22-story residential building in the Greenpoint Landing master plan in Greenpoint, Brooklyn. Designed by Handel Architects and developed by Park Tower Group along with Greenpoint Landing Associates, New York City’s Housing Preservation & Development (HPD), and the Housing Development Corporation (HDC), the 344,463-square-foot structure will yield 373 affordable housing units spread across 311,471 square feet, as well as 7,600 square feet of commercial space. Monadnock Construction is the general contractor for the property, which is located at the intersection of Bell Slip to the west and Commercial and Clay Streets to the south.
The New York City Housing Development Corporation (NYCHDC) will soon relocate to the Equitable Building, a historic office tower at 120 Broadway in Manhattan’s Financial District. As the agency’s new headquarters, the two-floor suite totals more than 109,000 square feet on the building’s second and third floors.
400 Capital Management, a global credit asset manager, is the latest company to join 660 Fifth Avenue in Midtown, Manhattan. The company’s office will occupy more than 25,000 square feet on the building’s 27th floor beginning August 2024.