Developers and city officials recently gathered at 405 Dumont Avenue to celebrate the commencement of construction on a new 100-percent affordable housing project. The development is known as Van Dyke III and is situated within the Van Dkye Houses campus in Brownsville, Brooklyn.
The residential conversion of One Wall Street is continuing above the streets of the Financial District and is the largest office-to-condominium conversion project in New York City real estate history. Down at street level, work is moving along on the upcoming 44,000-square-foot Whole Foods Market that will open at the corner of Broadway and Exchange Place. The glass curtain wall addition protrudes from the mid-20th century annex of the property and will also include a Life Time fitness center on the second floor. SLCE Architects is the architect of record, and Macklowe Properties is the developer of the $1.5 billion project. CORE is handling sales and marketing of the planned 566 residential units above the new retail space.
Permits have been filed for a 30-story mixed-use building at 232 East Broadway on the Lower East Side, Manhattan. Located between Clinton Street and Montgomery Street, the lot is one block east of the East Broadway subway station, serviced by the F train. Round Square Development is listed as the owner behind the applications.
Preparations have begun for demolition at 3041 Broadway, aka 100 Claremont Avenue, to clear the way for a 42-story mixed-use condominium designed by Robert A. M. Stern Architects. Located between West 120th and 122nd Streets in Morningside Heights among the historic Union Theological Seminary complex, the project is being developed by L&M Development Partners and Lendlease, with SLCE Architects as the architect of record.
The angular reinforced concrete superstructure of One Boerum Place is rapidly taking shape in Downtown Brooklyn. Located on a narrow site bound by Boerum Place, Red Hook Lane, and Fulton Street, the mixed-use condominium building will eventually top out at 21 stories. The project is being designed by SLCE Architects and developed by Avery Hall Investments, Allegra Holdings, and Aria Development Group, which acquired a $165 million construction loan from Jutland Finance. One Boerum Place is expected to cost around $250 million.