The Brooklyn Navy Yard Development Corporation this week announced two large technology and manufacturing leases at Building 127. Together, the new leases measure up to 56,000 square feet and represent a robust year of sales and progress within Brooklyn Navy Yard.
The sleek, black residential building at 111 Varick Street is nearing completion in Hudson Square. With occupancy expected before the end of the year for the ground-up, 30-story rental tower, marketing has launched the development’s website and first batch of listings. 111 Varick is developed by Extended and designed by S9 Architecture. Compass Development Marketing Group is the exclusive leasing and marketing agent for the 100 residences, a mix of studio, one-, and two-bedroom units. Pricing will begin at $4,000 per month for studio apartments.
Construction is nearing completion on the second phase of Vantage, a two-tower residential complex at 33 Park View Avenue in Jersey City. Designed by S9 Architecture and developed by Fisher Organization, the development features twin 44-story towers and will yield a total of 900 apartments. Phase two features 452 homes ranging from studios to two-bedroom units.
Construction has topped out on One East Harlem, a 19-story mixed-use building at 201 East 125th Street in Harlem. Designed by S9 Architecture, the reinforced concrete structure prominently rises above its surroundings and will yield over 420,000 square feet of newly built space. Work broke ground last summer and required the demolition of a couple low-rise structures occupying the site. Richman Group Development, Bridges Development Group, and Monadnock Development are the developers of the project, and received a mix of public and private funding from Citigroup, the Department of Housing Preservation and Development, and the New York City Housing Development Corporation.
A 1,045-unit housing complex known as Bronx Point is now recognized as the first and only affordable housing project to achieve WEDG certification. The rating system was founded by the Waterfront Alliance, an independent offshoot of The Municipal Art Society of New York, that establishes guidelines for ecologically friendly waterfront design and construction.
