Commercial

Rendering of 520 Fifth Avenue and the Midtown skyline

520 Fifth Avenue’s Curtain Wall Takes Shape in Midtown, Manhattan

8:00 am on December 29, 2023 By Michael Young and Matt Pruznick

At number three on our year-end countdown of the tallest buildings under construction in New York is 520 Fifth Avenue, a 1,000-foot residential supertall skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 76-story structure will span 415,000 square feet and yield 98 condominium units with interior design by Charles & Co., as well as commercial space on the ground floor and four cellar levels. WSP is the structural engineer, DeSimone Consulting Engineers is the façade consultant, and Suffolk Construction is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

Render of 30-02 Whitestone Expressway, courtesy of JLL

Developer Secures Loan For 30-02 Whitestone Expressway In College Point, Queens

7:30 am on December 29, 2023 By Max Gillespie

New York-based real estate development firm Triangle Equities has secured $50 million in pre-development financing for a new multi-story logistics facility in College Point, Queens. The loan was arranged by JLL Capital Markets and provided by Centennial Bank. This financing marks an important step toward the development of the planned 425,000-square-foot industrial site located at 30-02 Whitestone Expressway.

Permits Filed for 172 Powers Street in Williamsburg, Brooklyn

6:30 am on December 27, 2023 By Vanessa Londono

Permits have been filed to expand a three-story structure into a four-story mixed-use building at 172 Powers Street in Williamsburg, Brooklyn. Located near Graham Avenue and Powers Street, the lot is near the Grand Street subway station, serviced by the L train. Mendel Fleischman of Thegardenbond is listed as the owner behind the applications.

Permits Filed for 24 Bruckner Boulevard in Port Morris, The Bronx

6:30 am on December 26, 2023 By Vanessa Londono

Permits have been filed for a 12-story commercial building at 24 Bruckner Boulevard in Port Morris, The Bronx. Located between Lincoln Avenue and Alexander Avenue, the lot is near the 3rd Avenue – 138th Street subway station, serviced by the 6 train. Jorge Madruga of YYY 62nd Street LLC is listed as the owner behind the applications.

43-30 24th Street Continues its Ascent Over Long Island City, Queens

8:00 am on December 24, 2023 By Michael Young and Matt Pruznick

At number eight on our year-end countdown of the tallest buildings under construction in New York is 43-30 24th Street, a 731-foot-tall residential skyscraper in Long Island City, Queens. Designed by Hill West Architects and developed by Carmel Partners, the 66-story structure will yield 921 units with an average scope of 910 square feet, as well as 17,400 square feet of ground-retail space. Carmel Construction East is the general contractor for project, which is bound by 43rd Avenue to the north, 44th Road to the south, 24th Street to the east, and 23rd Street to the west.

Preliminary rendering of 111 Washington Street, formerly 8 Carlisle Street

Below-Grade Work Progresses at 111 Washington Street in Manhattan’s Financial District

8:00 am on December 23, 2023 By Michael Young and Matt Pruznick

The ninth-tallest building on our year-end construction countdown is 111 Washington Street, a 712-foot-tall residential skyscraper in Manhattan’s Financial District. Designed by Handel Architects and developed by Carlisle New York Apartments and Grubb Properties, which closed on a $48 million loan for the project over the summer, the 64-story structure will span 326,221 square feet and yield 462 residential units, 7,000 square feet of commercial space, and a 60-foot-long rear yard. Consigli Construction is the general contractor for the property, which is alternately addressed as 8 Carlisle Street and located at the corner of Washington and Carlisle Streets.

Permits Filed for 62-06 Woodhaven Boulevard in Rego Park, Queens

6:30 am on December 22, 2023 By Vanessa Londono

Permits have been filed for a seven-story mixed-use building at 62-06 Woodhaven Boulevard in Rego Park, Queens. Located between 62nd Avenue and Dry Harbor Road, the lot is near the Woodhaven Boulevard subway station, serviced by the E, F, and R trains. Humayen Khan of 62-13 Woodhaven Boulevard LLC is listed as the owner behind the applications.

98 DeKalb Avenue Rises in Fort Greene, Brooklyn

8:00 am on December 21, 2023 By Michael Young and Matt Pruznick

The 11th-tallest building on our year-end construction countdown is 98 DeKalb Avenue, a 610-foot-tall residential skyscraper rising in Fort Greene, Brooklyn. Designed by SLCE Architects and developed by Rockrose Development, the 49-story structure will span 418,092 square feet and yield 609 residential units and 3,775 square feet of commercial space. 180 Ashland GC LLC is the general contractor for the project, which is alternately addressed as 180 Ashland Place and located at the corner of DeKalb Avenue and Ashland Place.

606 West 30th Street Wraps Up Construction in West Chelsea, Manhattan

7:30 am on December 18, 2023 By Michael Young and Matt Pruznick

Construction wraps up on 606 West 30th Street, a 42-story residential skyscraper along the border of Hudson Yards and West Chelsea, Manhattan. Designed by Ismael Leyva Architects and developed by Lalezarian Properties, the 545-foot-tall structure spans 312,350 square feet with 192,780 square feet of residential space and 14,240 square feet of commercial space on the lower levels. The tower is also known as Tower B in a two-skyscraper development along with the taller 3ELEVEN from FXCollaborative and Douglaston Development at 601 West 29th Street, which is already complete. Hudson 37 LLC is the general contractor for the property, which is located on an interior lot between Eleventh Avenue and West Street, directly across from the third phase of the High Line.

Excavation, Pilings Continue for 517-Foot Skyscraper at 30-25 Queens Boulevard in Long Island City, Queens

8:00 am on December 16, 2023 By Michael Young and Matt Pruznick

The 16th-tallest building on our annual year-end construction countdown is 30-25 Queens Boulevard, a 517-foot-tall mixed-use skyscraper in Long Island City, Queens. Designed by CetraRuddy Architecture and developed by LargaVista Companies under the 30-25 Queens Boulevard Tenant LLC, the 46-story structure will span 1,293,315 square feet and yield 561 condominium units with an average scope of 1,464 square feet, as well as 471,673 square feet of commercial space and a cellar level. The building will rise from a 25,177-square-foot lot known as QPX that comprises 30-25 Queens Boulevard, 29-10 Northern Boulevard, and 29-14 Queens Plaza East. Leeding Builders Group is the general contractor for the project, which is located at the corner of Queens Boulevard East and Queens Boulevard, directly west of the Sunnyside Yards rail tracks.

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