Roc Nation, the entertainment agency founded by Jay-Z, is the latest partner to support a proposed casino at 1515 Broadway in Times Square, Manhattan. The project, currently known as Caesars Palace Times Square, was first announced by developer SL Green and Caesars Entertainment and could provide billions of dollars in tax revenue to New York City and New York State.
At number 27 on our year-end countdown is 356 Fulton Street, a 43-story mixed-use skyscraper in Downtown Brooklyn. Designed by MdeAS Architects and SLCE Architects and developed by Extell, who paid and signed an $85.9 million long-term ground lease to take over the site from The Feil Organization, the 496-foot-tall structure will yield 475,000 square feet with 421 residential units and 100,000 square feet of commercial retail space. Titan Industrial SVC Corp. is in charge of demolition at the property, which has two more buildings to tear down, and is located at the corner of Fulton Street and Red Hook Lane.
Construction has topped out on Myrtle Point, a 17-story rental tower at 3-50 St. Nicholas Avenue in Ridgewood, Queens. Designed by S9 Architecture and developed in collaboration by Arch Companies and AB Capstone, the building will be the tallest residential property in the Ridgewood-Bushwick area and is expected to debut in 2023.
At number 28 on our annual construction countdown of the tallest projects underway in the city is 200 East 83rd Street, a 35-story residential tower nearing completion in the Yorkville section of Manhattan’s Upper East Side. Designed by Robert A.M. Stern Architects and developed by Naftali Group and Rockefeller Group, the 489-foot-tall structure will yield 205,877 square feet and 86 condominium units with sales and marketing led by Compass Development Marketing Group, as well as 3,033 square feet of ground-floor retail space and parking for 26 vehicles. SLCE Architects is the architect of record and Leeding Builders Group is the general contractor for the property, which is located at the corner of Third Avenue and East 83rd Street.
Developers have secured $317 million in financing to complete phase one of The Crossings at Brick Church Station in East Orange, New Jersey. Anchored at 533 Main Street, the two-phase development is referred to simply as The Crossings and will comprise around 200,000 square feet of retail and commercial space, 820 mixed-income apartments, public outdoor space, a parking garage for 1,200 vehicles, and additional surface-level parking spaces.
