Permits have been filed for a seven-story residential building at 37 South 3rd Street in South Williamsburg, Brooklyn. Located between Wythe Avenue and Kent Avenue, the lot is near the Marcy Avenue subway station, serviced by the J, M, and Z trains. Harel Edery of EDRE Development is listed as the owner behind the applications.
The 30th-tallest building on our year-end construction countdown is 111 Willoughby Street, a 40-story residential tower that has begun to rise in Downtown Brooklyn. Designed byGF55 Architects and developed by The Michaels Organization, Triangle Equities, and Geolo Capital, the 437-foot-tall structure will span 205,000 square feet and yield 227 rental units, a 20,000-square-foot ministry center for the St. Boniface parish, and 1,814 square feet of commercial space. ZDG, LLC is the general contractor for the property, which is located by the intersection of Willoughby Street to the south and Duffield Street to the east.
Wells Fargo has announced plans to consolidate most of its New York office presence across two buildings in Hudson Yards. Developed by Related Companies, the project involves the conversion of three stories of retail space in 20 Hudson Yards into 445,000 square feet of new office space, providing an easy link to the company’s existing nine-story footprint in the connecting 30 Hudson Yards supertall skyscraper. Wells Fargo reportedly purchased the former Neiman Marcus store, which closed in 2020, for $550 million and plans to open the new office in three years.
Permits have been filed for a nine-story residential building at 155 South Elliot Place in Fort Greene, Brooklyn. Located between Hanson Place and South Portland Avenue, the lot is near the Atlantic Avenue-Barclays Center subway station, serviced by the 2, 3, 4, 5, B, D, N, Q, R, and LIRR trains. Mendel Berkowitz is listed as the owner behind the applications.
The affordable housing lottery has launched for 2330 Cambreleng Avenue, an eight-story mixed-use building in Belmont, The Bronx. Designed by IMC Architecture and developed by Global Management, the structure yields 45 residences, community facility space, and 13 parking spots. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,738 to $198,250.
