Welcome to our weekly construction/new development roundup where we highlight ongoing work on a handful of NYC projects we may have missed during the week.
24 Second Avenue
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↑ The East Village’s last gas station was demolished to make way for this condo building, which is now three stories above ground, new construction site photos by Bowery Boogie have revealed. Eventually, this building will stand 10-stories tall and come with 31 apartments, and retail on the ground and cellar levels. Construction is expected to wrap sometime next year.
The Eleventh
↑ HFZ Capital announced earlier this week that they had secured construction financing from a U.K.-based firm to move forward with their Bjarke Ingels-designed High Line project, The Eleventh. This is in addition to the $870 million they had acquired in May 2015. Construction is already underway on the two-tower project, which will bring 240 condos and a Six Senses hotel to West Chelsea. Work is expected to wrap sometime in 2019.
625 Fulton Street
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↑ What was once going to be a 36-story office building will likely morph into something bigger. The Rabsky Group spent $68 million to acquire a property next to their existing site at 625 Fulton Street, The Real Deal reported. That will now allow for a 770,000-sqaure-foot skyscraper. Spencer Equity is a partner on this project, and a representative for the Rabsky Group told TRD, that the development team is now debating between office and residential use. This site was once primed for a Forest City Ratner-led development.
One Manhattan West
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↑ Part of the mini-megaproject rising across from Hudson Yards, One Manhattan West is now several stories above ground. Eventually, this office building will stand 67-stories tall and be home to law firm Skadden Arps, and the National Hockey League. Manhattan West, as this Brookfield Properties-developed project is known, recently debuted its rental building, The Eugene. Overall this SOM-designed mini-megaproject is expected to bring five buildings (one revamped) to the West Side.
2262 Frederick Douglass Boulevard
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↑ This slender glass building is set to rise in between mid-rise brick buildings in Harlem, Yimby has learned. Located between West 121 and 122nd Streets, the project will feature 14 apartments spread out between nine floors, along with ground floor retail. Apartments will measure a little over 900 square feet on average. The project is being developed by SilverRock Development with Hany Rizkalla Architect on board to design. Work is supposed to wrap sometime in 2018.
- 5-Story Os Gemeos Mural Disappears Behind Rising Residential Construction [Bowery Boogie]
- Rabsky pays $68M for site next to proposed DoBro tower [TRD]
- Revealed: Nine-Story, 14-Unit Mixed-Use Project at 2262 Frederick Douglass Boulevard, Harlem [YIMBY]
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