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The Dime, rendering courtesy Fogarty Finger Architecture and Interiors

Fresh Renderings, $150 Million Construction Loan for Redevelopment of The Dime in Williamsburg, Brooklyn

The redevelopment of the Dime Savings Bank in Williamsburg, Brooklyn, will result in one of the neighborhood’s tallest buildings, and today YIMBY has fresh renderings for the project, designed by Fogarty Finger Architects. Yesterday, The Real Deal reported that Charney Construction & Development and Tavros Capital Partners have acquired a $150 million loan to fund construction and renovation work on the historic bank and new 22-story tower. The developers purchased the site in March of 2016 for $80 million.

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Domino Rendering

Historic Domino Sugar Refinery’s Revised Redevelopment Plans Approved by Landmarks

The Landmark Preservation Commission has approved a new design for the Domino Sugar Factory Refinery building, which is being redeveloped by Two Trees Management Company, and designed by Vishaan Chakrabarti’s Practice for Architecture and Urbanism, aka PAU. The commission made no changes to the proposal, and Two Trees’ Managing Director David Lombino said “Thank you to the Landmarks Preservation Commission for engaging in a productive and thoughtful review, and for supporting this exciting new approach to making the Refinery building the centerpiece of the Domino redevelopment.”

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50 Hudson Yards

Excavation Begins for Supertall 50 Hudson Yards, Demolition of Old Coach HQ Nears Finish Line

Related’s towers rising over the Eastern Railyards as part of the Hudson Yards redevelopment have been well over a decade in the making, but one block to the north, progress has been substantially faster on the redevelopment of the southwest corner of 34th Street and 10th Avenue. YIMBY previously reported that Mitsui Fudosan took a 90% ownership stake from Related as of early September, and now, excavation is underway.

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320 Wythe Avenue

Renderings Revealed for New Timber Buildings at 320 and 360 Wythe Avenue, Williamsburg, Brooklyn

Leasing has begun for two timber buildings being built at 320 and 360 Wythe Avenue, in Williamsburg, Brooklyn. The projects are making history by way of construction materials, and will become the first new developments in over a century to be built in New York City with a timber structure. Hansen Architects, established in 1945, will be responsible for the design.

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