Retail

550 Madison Avenue’s New Public Plaza Opens in Midtown East, Manhattan

8:00 am on November 19, 2022 By Michael Young

The new public plaza at 550 Madison Avenue, a 37-story commercial skyscraper in Midtown East, is now open. Designed by Snøhetta, the landscape architect for the garden and the design architect for the tower repositioning, and developed by The Olayan Group and RXR Realty, the new privately owned public space (POPS) is enclosed with a 70-foot-tall steel-framed glass canopy and is part of a larger renovation of the Philip Johnson-designed postmodern landmark, along with a revamped lobby designed by Gensler. AECOM Tishman was the general contractor for the 21,000 square feet of renovations at the property, which is located between East 55th and 56th Streets.

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The Axel Wraps Up Construction at 550 Clinton Avenue in Clinton Hill, Brooklyn

8:00 am on November 18, 2022 By Michael Young

Construction is wrapping up on The Axel, a 30-story mixed-use building at 550 Clinton Avenue on the border of Clinton Hill and Prospect Heights, Brooklyn. Designed by Morris Adjmi Architects and developed by Hope Street Capital, the 280,000-square-foot tower yields 284 apartments and 60,000 square feet of retail space in the multi-story podium. Triumph Property Group is managing leasing for the apartments and JLL is in charge of leasing the commercial space at the property, which is bound by Atlantic Avenue to the south, Clinton Avenue to the east, and Vanderbilt Avenue to the west.

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Rendering of 2840 Atlantic Avenue in East New York, Brooklyn

Empire State Dairy Expansion Kicks Off at 2840 Atlantic Avenue in East New York, Brooklyn

7:30 am on November 18, 2022 By Sebastian Morris

Work has begun on the expansion and redevelopment of the historic Empire State Dairy Company Building at 2840 Atlantic Avenue in East New York. Designed by Dattner Architects and developed by The Moinian Group and Bushburg, the project involves the partial gutting of the existing low-rise building to support a 14-story tower with 320 residential units, 12,000 square feet of ground-floor commercial space, and a new charter school. The entire property will comprise 370,000 square feet.

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Two-Tower Development at 595 Dean Street Nears Completion in Prospect Heights, Brooklyn

8:00 am on November 16, 2022 By Michael Young

Work is nearing completion on 595 Dean Street, a two-building mixed-use development in Prospect Heights, Brooklyn‘s Pacific Park master plan. Designed by Handel Architects and developed by TF Cornerstone, the complex consists of a 28-story East Tower and 23-story West Tower and will yield a combined 798 residential units in studio to two-bedroom layouts, with 240 slated for affordable housing. The development also includes a 103,028-square-foot Chelsea Piers Fitness Center and Field House, a 469-vehicle parking garage, 3,412 square feet of ground-floor retail space, and a 72,600-square-foot public plaza. TFC Pacific Park GC is the general contractor and MNLA is the landscape designer for the property, which is bound by Pacific Street to the north, Dean Street to the south, 550 Vanderbilt Avenue to the east, and 535 Carlton Apartments to the west.

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