Residential

Façade Installation Progresses at 28 Herbert Street in Williamsburg, Brooklyn

8:00 am on January 17, 2025 By Michael Young and Matt Pruznick

Exterior work is progressing on 28 Herbert Street, a six-story mixed-use building in Williamsburg, Brooklyn. Designed by Pinner Architecture and developed in a collaboration between Pinner Development Group & Verde Development Group, the 75-foot-tall structure will span 31,600 square feet and yield 16 condominium units with an average scope of 1,259 square feet, as well as 6,250 square feet of community facility space, 4,600 square feet of ground-floor retail, and below-grade parking for nine vehicles. The property is located at the corner of Herbert and Humboldt Streets.

Rendering of Charlie residential project. Courtesy of LCOR

‘Charlie’ Residential Tower Begins Construction at Hoboken Connect in Hoboken, New Jersey

7:30 am on January 17, 2025 By Max Gillespie and Matt Pruznick

Construction has begun on Charlie, a 27-story residential building within Hoboken Connect at NJ Transit’s Hoboken Terminal in Hoboken, New Jersey. Designed by Salas O’Brien and Allied and developed by LCOR, the 365,000-square-foot structure will yield 386 units, with 20 percent designated as affordable housing, as well as ground-floor retail space.

Permits Filed for 1180 Park Place in Crown Heights, Brooklyn

7:00 am on January 17, 2025 By Vanessa Londono

Permits have been filed to expand a two-story structure into a four-story residential building at 1180 Park Place in Crown Heights, Brooklyn. Located between Troy Avenue and Albany Avenue, the lot is near the Crown Heights-Utica Avenue subway station, serviced by the 4 train. Reuven Kaminetzky is listed as the owner behind the applications.

Union Channel Nears Completion At 240 Third Avenue in Gowanus, Brooklyn

8:00 am on January 16, 2025 By Michael Young and Matt Pruznick

Construction is wrapping up on Union Channel, a nine-story residential building at 240 Third Avenue in Gowanus, Brooklyn. Designed by Fogarty Finger and developed by Tavros Capital and Charney Companies, the 95-foot-tall structure will span 210,000 square feet and yield 224 rental units in studio to three-bedroom layouts, along with 8,900 square feet of ground-floor commercial space. Twenty-five percent of the apartments will be designated for affordable housing. The property is alternately addressed as 585 Union Street and bound by Sackett Street to the north, Union Street to the south, and 3rd Avenue to the east.

Rendering of 250 West 49th Street by S Wieder Architect, via Shea Communications

Construction Loan Issued For 250 West 49th Street In Midtown, Manhattan

7:30 am on January 16, 2025 By Max Gillespie

A $79 million construction loan was recently issued for 250 West 49th Street, a 28-story residential building currently under construction in Midtown, Manhattan. Designed by C3D Architecture and developed by Chess Builders, the tower will yield 138 units and 2,500 square feet of ground-floor retail space. The loan was facilitated by S3 Capital.

Hendrix House Reveals Facade at 250 East 25th Street in Manhattan’s Kips Bay

6:30 am on January 16, 2025 By Vanessa Londono

The 12-story residential building known as Hendrix House at 250 East 25th Street in Kips Bay, Manhattan recently revealed it’s completed facade after topping off last August. Developed by New Empire Corp. and designed by DXA Studio, the 44,571-square-foot structure at the corner of Second Avenue and East 25th Street yields 60 condominium units. CORE Real Estate is handling sales and marketing, having launched sales in June 2024. Hendrix House has sold 75 percent or 45 units, totaling near $60 million in inventory at $2,133 per square foot.

Rendering of 655 Union Street. Credit: Gustavo Coutinho from The Couthouse

Construction Wraps Up on 655 Union Street in Gowanus, Brooklyn

8:00 am on January 15, 2025 By Michael Young

Work is wrapping up on 655 Union Street, a 13-story residential building in Gowanus, Brooklyn. Designed by L+Z Architecture and developed by Avery Hall and Gindi Capital, the 200,000-square-foot structure will yield 193 rental units in one- to two-bedroom layouts, as well as 14,000 square feet of ground-floor retail space. Fifty of the units will be designated for affordable housing. The half-acre property is alternately addressed as 204 4th Avenue and bound by Sackett Street to the north and Raul Vasquez Jr. Place to the south.

Rendering of Pearl House, courtesy of Vanbarton Group

Pearl House Nears Completion At 160 Water Street In Financial District, Manhattan

7:30 am on January 15, 2025 By Max Gillespie

Work is nearing completion on Pearl House, an office-to-residential conversion at 160 Water Street in Manhattan’s Financial District. Designed by Gensler and developed by Vanbarton Group, the project involved the construction of a three-story rooftop expansion atop an existing midcentury tower and the conversion of its 525,000 square feet of office space to yield 588 rental units. The property is located at the corner of Water and Fletcher Streets.

Permits Filed for 1123-1125 Broadway in Bushwick, Brooklyn

6:30 am on January 15, 2025 By Vanessa Londono

Permits have been filed to expand two three-story structures into four-story mixed-use buildings at 1123-1125 Broadway in Bushwick, Brooklyn. Located between Dekalb Avenue and Kosciuszko Street, the lot is steps from the Kosciuszko Street subway station, served by the J train. Kevin Yang is listed as the owner behind the applications.

Excavation Underway for 714-Unit Complex at 355 Exterior Street in Mott Haven, The Bronx

8:00 am on January 14, 2025 By Michael Young and Matt Pruznick

Excavation and pilings are underway at 355 Exterior Street, the site of a two-tower residential complex in Mott Haven, The Bronx. Designed by Hill West Architects and developed by The Lightstone Group under the 355 Exterior Street Associates LLC, the 720,785-square-foot project will yield 714 rental units with an average scope of 777 square feet, as well as 10,630 square feet of commercial space and 325 enclosed parking spaces. The taller of the two towers will rise 437 feet, making it the tallest structure in the South Bronx and the second-tallest in the borough. The property is located along the Harlem River near the intersection of Exterior and Gerard Streets.

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Residential

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