Retail

‘The Avenue’ Retail Wing Opens at American Dream Mall in East Rutherford, New Jersey

The Avenue, a vast retail wing of the American Dream Mall, has opened its doors to the public. Located at 1 American Dream Way in East Rutherford, New Jersey, The Avenue is the latest addition to the 3.3-million-square-foot destination, which has gradually opened after a temporary half-year closure in 2020. The long wing is located on the eastern end of the complex and focuses on designer retail shops, with Saks Fifth Avenue as the largest tenant.

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YIMBY Scopes Views From SHoP’s Topped-Out ‘Brooklyn Tower’ at 9 DeKalb Avenue in Downtown Brooklyn

Construction has topped out on the newly renamed Brooklyn Tower, a 93-story supertall skyscraper and the tallest structure in the Outer Boroughs at 9 DeKalb Avenue in Downtown Brooklyn. Designed by SHoP Architects and developed by JDS, the 1,066-foot-tall tower will yield 550 residences, with 150 for purchase and 400 rentals with 30 percent of which reserved at affordable housing rates, as well as a 100,000-square-foot retail podium bound by Flatbush Avenue Extension to the northeast, Fleet Street to the northwest, and DeKalb Avenue to the south. The project also includes the refurbishing and re-purposing of the landmarked Dime Savings Bank of Brooklyn, which is being incorporated into the podium. Douglas Elliman is the exclusive marketing, sales, and leasing agent.

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Fifth Avenue Hotel Progresses at 1 West 28th Street in NoMad, Manhattan

Façade work is continuing to progress on The Fifth Avenue Hotel at 250 Fifth Avenue in NoMad. Designed by Perkins EastmanPBDW Architects, and Martin Brudnizki Design Studio and developed by Flaneur Hospitality, the project involves the construction of a 230-foot-tall, 24-story reinforced concrete tower and the renovation and hotel conversion of a 116-year-old McKim, Mead & White-designed building. CNY Group is the general contractor for the project, which is being built at the corner of Fifth Avenue and West 28th Street.

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Rendering of 64 Centre Street - Richard Bienenfeld Architect

Allstate Ventures Closes on $64M Financing Package to Complete 64 Centre Street in New Rochelle

SCALE Lending recently provided a $64 million financing package for developers to complete a new 14-story tower at 64 Centre Street in New Rochelle. From developer Allstate Ventures and Richard Bienenfeld Architect, the building will create 144 rental apartments in studio, one-, and two-bedroom floor plans. Additional components include 1,550 square feet of retail, on-site parking, and an unspecified suite of amenities.

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