Commercial


Construction Resumes at 540 Fulton Street in Downtown Brooklyn

Work has resumed on 540 Fulton Street, a 511-foot-tall, 42-story, mixed-use skyscraper in Downtown Brooklyn. Construction had been suspended since February, when stop work orders were issued due to alleged safety concerns at the site. The mixed-use residential project is being designed by Marvel Architects and developed by Jenel Management. The reinforced concrete tower will yield about 330,000 square feet, with nearly 96,600 square feet to be allocated to commercial space on the lower floors. The remainder will be reserved for residences and measure about 236,900 square feet.

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Funding Secured for Brooklyn’s First Supertall, at 9 DeKalb Avenue

Developer JDS has secured $664 million in funding for the construction of 9 DeKalb Avenue in Downtown Brooklyn. The future residential skyscraper will soon rise 1,066 feet and become the tallest structure in Brooklyn, as well as the first tower in the outer boroughs to pass the 300-meter “supertall” threshold. The loan is coming from Otéra Capital Inc. and Silverstein Capital Partners. SHoP Architects is designing the building, which is located at the corner of DeKalb Avenue and Fleet Street, and sits across the street from the City Point complex. The development is expected to contain 425 rental apartments and 150 condominiums.

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11 Avenue C Reaches Street Level, in Alphabet City

Construction has reached street level at 11 Avenue C, aka 350 East Houston Street, a future ten-story mixed-use building designed by Rotwein+Blake Architects with SLCE as the architect of record. The structure will rise about 110 feet high and yield just under 50,000 square feet of space. Of this, 4,100 square feet will be dedicated to commercial use and 38,162 square feet to residential space divided among 45 apartments, averaging over 800 square feet apiece. The project is being developed by BLDG Management.

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YIMBY Tours COOKFOX’s Conversion and Addition at 100 Vandam Street, in Hudson Square

YIMBY went on a hard hat tour of 100 Vandam Street, where a 131-year-old coal power plant is being converted to a new residential structure that will rise above the existing load-bearing masonry podium. The site is located in the booming Hudson Square neighborhood at the corner of Vandam Street and Greenwich Street. The construction project, which is being designed by COOKFOX and developed by Jeff Greene, will bring the total height of the new 25-story building to 330 feet.

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