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New Development: 25 Park Row on the rise, 77 Greenwich underway

● L+M DEVELOPMENT 
25 Park Row now rising

L+M Development Partners has begun construction of 25 Park Row, a 110-unit condo rising on the site of the old J&R Music World store.

The 49-story tower across from City Hall Park is being developed in partnership with the Friedman family, which founded J&R.

The building will consist of 110 one- to four-bedroom apartments with 67,000 s/f of multi-level commercial space at the base of the building.

CookFox Architects is the architect for 25 Park Row, which is expected to open in the spring of 2020.

● TRINITY PLACE HOLDINGS
77 Greenwich underway

Trinity Place Holdings’ new luxury condo, 77 Greenwich is out of the ground.

Designed by FXCollaborative with interiors by Deborah Berke Partners, the tower will rise to 500 ft with 42-stories containing 90 apartments that begin 150 ft above street level.

With an exterior pleated glass curtain wall and the neighboring Robert & Anne Dickey House, a historic landmark built in 1810, is being incorporated into a new elementary school accessible via Trinity Place.

A suite of amenities will be headlined by a penthouse club that will afford every resident a penthouse view.

There’s also a residents lounge and private dining room with a catering kitchen, children’s playroom and double-height fitness center.

Two outdoor spaces include a rooftop garden with panoramic views and outdoor grills, as well as a 9th floor terrace with pergolas, dining areas and a dog run.

The Marketing Directors will launch sales at 77 Greenwich in Spring of 2019.

● STRATEGIC CAPITAL
Sales start at Greenwich West

Strategic Capital, Cape Advisors, and Forum Absolute Capital Partners have launched sales at Greenwich West.

Created by a team of French designers and actively under construction at 110 Charlton Street in West Soho, the 30-story Greenwich West is one of the tallest buildings in the area.

Pricing for the 170 loft-style residences starts at $965,000.

Designed by Paris-based architecture firm Loci Anima, making its debut in New York, Greenwich West features a handmade brick facade with custom glazed brick accents made specially for the project by Belgian brickmakers, Wienerberger.

The building has Art Deco-inspired curved corners, industrial-style casement windows, hand-laid brick patterns and custom pewter-glazed brick borders. Setbacks and its 290 ft. height allow for terraces in many homes.

Amenities and services include an amenity rooftop terrace featuring multiple lounge and seating areas, fitness center by The Wright Fit, children’s playroom and an automated parking garage with direct secured access to residential elevators;.

Interiors are by Parisian designer Sebastien Segers and the building’s lobby overlooks a courtyard Viewing Garden created by French botanist Patrick Blanc.

Homes range from studios to three-bedrooms, including penthouses.

Plaza Construction, an affiliate of Strategic Capital, is the builder and first closings are expected to commence in early 2020.

● LCH DEVELOPMENT
The Bond takes a bow

Sales have launched at The Bond, a new 42-unit luxury condo at 46-20 11th Street in Long Island City.

The modern building will comprise one-, two- and three-bedroom homes, many with private terraces, and will range in price from $755,000 to $2.08 million.

Modern Spaces was contracted by LCH Development to exclusively handle the marketing and sales for the project.

The seven-story property was designed by New York-based Raymond Chan, with a red-brick exterior and oversized, blue windows.

Unit interiors were designed by Edge2 Architecture and four duplexes within the project feature living spaces with double-height ceilings.

Homes have Bosch washer/dryers and digital, front door smart locks by Samsung. Amenities include an entertainment lounge, fitness center, landscaped outdoor patio, bike storage area and part-time doorman.

The Bond is near Hunter’s Point South Park’s 11-acre waterfront promenade with bicycle pathways, a playground, picnic terraces, kayak launch and viewing platform.

● UNITED CONSTRUCTION
Queens first $1B condo named

The offering plan for 23-14 44th Drive, the largest tower in Queens, was just approved for more than $1 billion dollars.

The projected sellout is the largest offering plan to be approved anywhere outside of Manhattan, it is also one of the largest in the United States.

Developed by Chris Xu of United Construction and Development, with partners Henry Yeung, Brian Pun of FSA Capital and Risland U.S. Holdings, LLC, the project’s official name is Skyline Tower.

Once completed, the 802-unit luxury condominium will rise 67-stories and have ground-floor retail.

Modern Spaces, the exclusive marketing and sales firm, says prices will start at $600,000 and the project will offer studio to four-bedroom homes.

Skyline Tower was designed by NYC-based Hill West Architects, with interiors by its design arm, Whitehall Interiors.

● JMH DEVELOPMENT / METTLE PROPERTY
Photo finish at Brooklyn boutique

JMH Development and Mettle Property Group have just released the first photos of their 70 Henry Street boutique.

Scheduled for completion in January 2019, the Morris Adjmi-designed classic brownstone features five levels with a total of five residences and ground floor retail.

Homes include a maisonette priced at $4.85 million, a full floor residence with direct elevator access ($4.45 million) and one full floor penthouse with private roof deck ($5.25 million). The building currently has a three-bedroom and four-bedroom in contract.

● SAAB FAMILY LP
Builder tapped for Astoria rental

Saab Family LP has tapped Falcon Pacific Builders to construct a 50-unit rental and retail building at 28-16 21st Street in Astoria, Queens.

Robert Goodman, COO of Falcon Pacific Builders, said the project will be completed in the fall of 2019.

The 7-story building will be comprised of 58,000 s/f and consist of 50 apartments and 11,000 s/f of retail space.

It will have a mix of affordable and market rate rental housing. Twenty percent of the units will be allocated for affordable housing under New York City HPD guidelines.

The architect for the development is Matt Markowitz, AIA and the building is designed with recreational space amenities, common spaces in the basement and a rear tenant courtyard.

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