Retail

Jasper Stands Topped Out At 2-33 50th Avenue in Long Island City, Queens

Construction has topped out on Jasper, a 13-story residential building at 2-33 50th Avenue in the Hunters Point district of Long Island City, Queens. Designed by S9 Architecture and developed by The Domain Companies, LMXD, Bridge Investment Group, and The Vorea Group, the 125-foot-tall structure will span 550,000 square feet and yield 499 units in studio to three-bedroom layouts with 150 reserved for affordable housing, as well as 40,000 square feet of retail space, 503 square feet for a community facility under the Brownfield Award, 111 enclosed parking spaces, and a 30-foot-long rear yard. The $370 million project is alternately addressed as 49-20 5th Street and is bound by 49th Avenue to the north, 50th Avenue to the south, and 5th Street to the east.

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499 President Street’s Façade Progresses in Gowanus, Brooklyn

Façade installation is continuing on 499 President Street, an eight-story residential building in Gowanus, Brooklyn. Designed by SLCE Architects and developed by The Brodsky Organization and Avery Hall Investments, the 85-foot-tall structure will span 322,000 square feet and yield 350 rental units in studio to two-bedrooms layouts, with 25 percent designated for affordable housing, as well as 20,000 square feet of ground-floor retail space. The 1.6-acre property is bound by Union Street to the north, President Street to the south, and Nevins Street to the west.

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1162 Broadway Completes Construction in NoMad, Manhattan

Construction is complete on 1162 Broadway, a 14-story commercial building in the Madison Square North Historic District of NoMad, Manhattan. Designed by Morris Adjmi Architects and developed by Okada & Co. under the 1162 Broadway LLC, the 185-foot-tall structure yields 30,000 square feet of Class A office space and 1,800 square feet for a restaurant on the ground floor and cellar level. The property is located between West 27th and 28th Streets on a narrow interior lot.

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Exterior Progress Continues on 420 Carroll Street in Gowanus, Brooklyn

Façade installation is making progress on 420 Carroll Street, a two-tower residential complex in Gowanus, Brooklyn. Designed by FXCollaborative and developed by Domain Companies, the project consists of a 20-story, 224-foot-tall tower and a shorter 15-story sibling and will yield 360 units with 25 percent reserved for affordable housing, as well as 27,500 square feet of retail space, 7,700 square feet of “Gowanus Mix” space pursuant to the 82-block district rezoning, and a new public promenade along the Gowanus Canal. The property is located on a trapezoidal plot bound by Carroll Street to the north, the Powerhouse Arts building and its parking lot to the south, and the Gowanus Canal to the west.

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Rendering of 335 Eighth Avenue - Courtesy of MAG Partners, COOKFOX Architects

335 Eighth Avenue Reaches Pinnacle in Chelsea, Manhattan

Construction has reached the final floor of 335 Eighth Avenue, a seven-story residential building in Chelsea, Manhattan. Designed by COOKFOX Architects and developed by MAG Partners and Mutual Redevelopment Houses, Inc., the 200,000-square-foot structure will yield 188 rental units in studio to two-bedroom layouts, a 23,000-square-foot Lidl supermarket, and additional ground-floor retail space. Thirty percent of the homes will be reserved for affordable housing. The property is being built by Urban Atelier Group and is located at the corner of Eighth Avenue and West 26th Street within the Penn South affordable housing cooperative, officially known as Mutual Redevelopment Houses.

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