Façade work is moving along on 200 Kent Avenue, a full-block development in Williamsburg, Brooklyn. The six-story, 83-foot-tall development is bounded by Kent Avenue, River Street, Metropolitan Avenue, and North Third Street, and is only one block away from the East River. The reinforced concrete structure is designed by ME Architect P.C. and developed by Cornell Realty Management. The lot was purchased for $33 million by two anonymous entities in the summer of 2016.
Preparation for the demolition of 1568 Broadway is continuing to gear up as scaffolding and construction netting now shroud almost the entire 46-story Times Square tower. The 29-year old structure served as a DoubleTree hotel and will be replaced by a new hotel, with tenants yet to be announced. The proposed 550,000-square-foot development is called TSX Broadway and will preserve and lift the 106-year-old Palace Theatre three stories above the ground floor to make way for new retail space. The $2.5 billion project is being developed by L&L Holding Company, Maefield Development, and Fortress Investment Group.
EPIRE, a New York City-based real estate investment firm, has announced the acquisition of development rights to construct a new mixed-use property in Jersey City. Located at 161 Second Street within the historic Powerhouse Arts District, the through-block building will comprise 100,000 square feet including both residential and retail components.
YIMBY has an exclusive first look at renderings of a new 23-story residential development by Castellan Real Estate Partners in NoMad, Manhattan. SWA Architecture is the architect of record for the 227-foot-tall, 41,992-square-foot project, which will feature 54 residential units and associated amenity spaces above 2,142 square feet of ground-level retail.
The installation of new glass curtain walls on the lower levels of 388 Greenwich Street and its annex at 390 Greenwich Street is almost complete. The taller, 39-story office building rises above the Tribeca waterfront across from Pier 25 and Pier 26. Skidmore, Owings & Merrill designed the 14-story-high glass envelope, while Gensler is leading the interior renovations in both structures.