Work is nearing completion on Brooklyn Point, the borough’s tallest skyscraper at 720 feet and number 19 on our countdown of the tallest construction projects underway in the city. Developed by Extell and designed by Kohn Pedersen Fox with SLCE Architects as the architect of record, the 68-story residential tower is part of the City Point complex in Downtown Brooklyn and is formally addressed as 1 City Point and 138 Willoughby Street. The property will contain 458 units in studio to three-bedroom layouts, with interior design by Katherine Newman. Ryan Serhant and his newly established brokerage, SERHANT, will handle sales for the homes, which will range from $850,000 to nearly $4 million.
The affordable housing lottery is now open for Van Dyke II, a 12-story mixed-use development at 405 Dumont Avenue in Brownsville, Brooklyn. Designed by SLCE Architects and developed by Trinity Financial in partnership with the city’s Department of Housing Preservation and Development, the Housing Development Corporation, the Housing Authority, the 205,500-square-foot will yield a total 188 units in a mix of studios, one-, two-, and three-bedroom units. Available on NYC Housing Connect are 125 apartments for residents at 30 to 60 percent of the area median income, ranging in eligible income from $15,086 to $84,600.
Construction passes the halfway mark at 555 West 38th Street, a 570-foot-tall residential skyscraper in Hudson Yards and number 29 on our countdown of the tallest construction projects in New York. Designed by Pelli Clarke Pelli Architects and developed by Rockrose with SLCE as the architect of record, the 52-story project will yield 598 rental units. The property is located along Eleventh Avenue between West 38th Street and West 39th Street, directly across from the Jacob K. Javits Center.
Permits have been filed for a 31-story hotel high rise at 32 West 48 Street in Midtown‘s Diamond District. Located between Rockefeller Plaza and Sixth Avenue, the interior lot is half a block east of the 47-50 Streets-Rockefeller Center subway station, serviced by the B, D, F, and M trains. Extell is listed as the owner behind the applications.
Developers behind a new eight-story affordable housing building in Yonkers recently secured more than $7.85 million in construction financing to complete the project. Known as 178 Warburton at The Ridgeway, the development will contain 81 mixed-income rental apartments for households between 30 percent and 90 percent of the area median income.