Residential

KPF’s 520 Fifth Avenue Supertall Continues its Ascent in Midtown, Manhattan

8:00 am on May 10, 2023 By Michael Young and Matt Pruznick

Construction is rising on 520 Fifth Avenue, a 76-story residential supertall in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 1,000-foot-tall skyscraper will yield 507,608 square feet with 98 residential units, as well as commercial space on the lower floors 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.

Gindi Capital, Avery Hall Secure $110M Construction Financing for 204 4th Avenue in Gowanus, Brooklyn

7:00 am on May 10, 2023 By Vanessa Londono

This week Gindi Capital and Avery Hall closed on $110 million in construction financing for the development of a 13-story, 193-unit mixed-use, mixed-income building at 204 4th Avenue in Gowanus, Brooklyn. Located at the intersection of the Gowanus and Park Slope neighborhoods on a full city block between Union and Sackett Street, the ground-up construction will also have an expansive amenity package including a rooftop lounge and pool. Affinius Capital LLC provided the construction financing for the project with financing arranged by Christopher Peck and Peter Rotchford of JLL.

Rendering of 12 West 57th Street by Skidmore, Owings & Merrill

Final Demolition Underway For SOM’s 12 West 57th Street in Midtown, Manhattan

8:00 am on May 9, 2023 By Michael Young and Matt Pruznick

Demolition is underway on the final two buildings at 12 West 57th Street, the site of a 672-foot-tall residential skyscraper in Midtown, Manhattan. Designed by Skidmore, Owings & Merrill and developed by Solow Management Corp., the tower will rise along Billionaires’ Row between Fifth and Sixth Avenues and West 56th and 57th Streets.

NOVA at at 41-05 29th Street - Photo by Michael Young

NOVA Granted Temporary Certificate of Occupancy at 41-05 29th Street in Long Island City, Queens

7:00 am on May 9, 2023 By Sebastian Morris

NOVA, a high-rise condominium property at 41-05 29th Street in Long Island City, has been granted a Temporary Certificate of Occupancy from New York City’s Department of Buildings. Led by SB Development, the building contains 86 apartments, an expansive collection of amenities, and 2,300 square feet of ground-floor retail space.

Permits Filed for 767 East 232nd Street in Wakefield, The Bronx

6:30 am on May 9, 2023 By Vanessa Londono

Permits have been filed for a four-story residential building at 767 East 232nd Street in Wakefield, The Bronx. Located between White Plains Road and Barnes Avenue, the lot is steps from the 233rd Street subway station, serviced by the 2 and 5 trains. Kol Zefi of East 232 Builders LLC is listed as the owner behind the applications.

Excavation Begins for Two-Tower Project at 570 Washington Street in West Village, Manhattan

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

Excavation and pilings are underway at 570 Washington Street, the site of a two-tower residential project in Manhattan’s West Village. Designed by COOKFOX Architects with SLCE Architects as the architect of record and developed by Zeckendorf Development, Atlas Capital, and The Baupost Group, the $1.25 billion complex will consist of 29- and 36-story towers rising 400 and 450 feet, respectively, and will yield an undisclosed number of condominium units and commercial space. ACI VI Clarkson LLC is the owner and AECOM Tishman is the general contractor for the property, which occupies a 1.3-acre block bound by Clarkson Street to the north, West Houston Street to the south, Washington Street to the east, and West Street to the west. The developers acquired the plot for $340 million in early 2022 and have projected a $1 billion sellout on the homes.

217 West 20th Street Nears Completion in Chelsea, Manhattan

7:30 am on May 8, 2023 By Michael Young and Matt Pruznick

Construction is nearing completion on 217 West 20th Street, a six-story private residence in Chelsea, Manhattan. Designed by TEN Arquitectos in collaboration with Elsa Ponce Architectural Design and developed by Bermuda Overseas Mission under the 217 West 20th Street LLC, the structure will yield 11,000 square feet with a ground-floor garage. Wesbuilt Construction Mangers is the general contractor for the property, which is located between Seventh and Eighth Avenues.

The Wyldes Nears Completion at 1100 South 5th Street in Harrison, New Jersey

7:00 am on May 8, 2023 By Sebastian Morris

Construction is nearly complete on 1100 South 5th Street, a new rental building in Harrison, New Jersey. From developer Advance Realty, the property will debut as The Wyldes and contain 399 rental apartments and 70,000 square feet of amenities.

KPF’s 64 University Place Progresses in Greenwich Village, Manhattan

8:00 am on May 7, 2023 By Michael Young and Matt Pruznick

Construction is progressing on 64 University Place, an 11-story residential building in Greenwich Village, Manhattan. Designed by Kohn Pedersen Fox and developed by Bsafal, the 125-foot-tall structure will span 55,000 square feet and yield 28 condominium units with sales and marketing led by Fredrik Eklund and John Gomes of the The Eklund ǀ Gomes Team at Douglas Elliman Real Estate, as well as a community facility and ground-floor retail space. SPACE Copenhagen is the interior designer, Deborah Nevins is the landscape designer, and CNY Group is the general contractor for the property, which is located between East 10th and East 11th Streets.

Rendering of 14-16 Fifth Avenue; Front elevation - Robert A.M. Stern Architects, Madison Realty Capital

Foundation Work Continues at 14 Fifth Avenue in Greenwich Village, Manhattan

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

Foundation work is continuing at 14 Fifth Avenue, the site of a 19-story residential building in Greenwich Village, Manhattan. Designed by Robert A.M. Stern Architects and Hill West Architects and developed by Madison Realty Capital, which purchased the 5,255-square-foot plot for $27.5 million in 2015, the 241-foot-tall structure will yield 20 condominiums. CM & Associates is the general contractor for the property, which is located between East 8th and East 9th Streets, just north of Washington Square Park.

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