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If real estate developers get their way, Coney Island may soon be losing its seasonal vibe. The New York Post is reporting that several of the city's leading corporate entities, including Miami Dolphins owner Stephen Ross' Related Companies, Vornado, and S.L. Green, have expressed interest in... View full entry
In late 2021, we covered the emergence of HOKO Design, a UK-based startup that seeks to become “the first household name for residential architecture.” Part of HOKO’s thesis to become “the homeowner’s architect” is to streamline the client experience of residential design and... View full entry
Following last week’s visit to Los Angeles’ TOLO Architecture, we are moving our Meet Your Next Employer series east to Brooklyn, New York, where we find innovative practice StudioTEKA. Founded in 2003 by Vanessa Keith, the practice operates from a “beautiful loft space in the heart of... View full entry
Some big names were on hand last week to celebrate the opening of Gensler and Marvel’s noteworthy new Brooklyn Public Library (BPL) branch in the neighborhood of Brooklyn Heights. The upgrades now make it the second-largest in the BPL’s system and are part of a larger $52 million land-sale... View full entry
Developers and city officials recently joined to celebrate the start of construction on a dual-building affordable housing complex in Brownsville, Brooklyn. The development site is located on Newport Street between Thatford and Rockaway Avenues and will debut as Bridge Rockaway. — New York Yimby
Total construction costs for the complex are estimated at $118 million. The development team includes contracting firm Mega Development, non-profit industrial developer Greenpoint Manufacturing and Design Center, and The Bridge, a non-profit organization that provides rehabilitative services... View full entry
A New York developer has scored a $92 million loan to finish a project which is billed as the largest speculative office building in Brooklyn’s Midwood neighborhood. — Urbanize New York
The construction loan was granted to Baruch Singer, whose Triangle 613, LLC will use the funding to develop a 10-story, 215,379-square-foot Class A office and retail building located at 1497-1538 Coney Island Avenue in Brooklyn, New York. The loan from private lender Parkview Financial came... View full entry
Sasaki Associates will be branching out and adding a new component after an announcement this week that they are acquiring Brooklyn-based DLANDstudio and opening a new office in New York City for the first time. The 70-year-old firm has traditionally operated out of offices in Denver, Shanghai... View full entry
Broadway Junction, the busy yet infamously underutilized area surrounding the Broadway Junction Subway station, may need to brace for a big change. The area, which sits between several neighborhoods including East New York, Bed-Stuy and Brownsville, has become the center of a private developer’s new vision for East Brooklyn. — BK Reader
At a virtual town hall held on March 22, Totem Group, a Brooklyn-based real estate development firm, shared preliminary plans to build a large mixed-use building next to the busy station complex. Totem’s proposal calls for the construction of four high-rise towers, with two including housing... View full entry
The Brooklyn Bridge finally caught up with the COVID-19-era rise in cycling last year after the city opened a dedicated bike path on the iconic span’s roadway.
It was one of the signature initiatives in the final year of the Mayor Bill de Blasio administration, and advocates lauded the addition, which was also the first reconfiguration of the bridge since old trolley tracks were permanently removed in 1950.
— amNewYork
Bicycle traffic on the bridge increased by more than a quarter from 2020 to last year. The jump is indicative of an overall city-wide trend, which has seen New Yorkers’ biking habits increase at a rate of 33%. The numbers likely correlate to the pandemic-era decrease in subway ridership caused... View full entry
Rents in New York City approached all-time records last month as inventory grew increasingly scarce. The median rental in Manhattan cost $3,467 last month, according to the New York Post, which cited the latest report by appraisal firm Miller Samuel. That was up a little over 2 percent from $3,392 in December, but it represented a 23 percent spike from January 2021 — falling just $5 short of the January record set in 2020, when the median rental was $3,472 per month. — The Real Deal
The median rental in Manhattan in January was just shy of the $3,540 peak in April 2020. Prices in Northwest Queens and Brooklyn also rose last month, up 28 percent and 11.1 percent year-over-year respectively. The Real Deal notes that the major force behind price growth in the housing market is... View full entry
A long sought train connection between Brooklyn and Queens may finally become a reality, as New York Governor Kathy Hochul announced she wants to "take an old, unused, 14-mile-long right-of-way and create what we're calling the Inter-Borough Express" during her State of the State address Wednesday. — Gothamist
The project would repurpose an existing freight rail line that runs through Brooklyn and Queens, starting in Bay Ridge and stretching to Astoria. The route would run through neighborhoods currently not served by rail transit, including Sunset Park, Borough Park, Kensington, Midwood, Flatbush... View full entry
The Prospect Park Alliance and Mayor Bill de Blasio are announcing today that the city will allocate $40 million in the city budget to Prospect Park. This is the largest single allocation of funding from the city in the park's history and will be used to make much-needed upgrades and restorations in its northeast corner, known as the Vale. — The Gothamist
The $40 million in capital funding will help to restore the historic Children’s Pool and former Rose Garden, originally constructed in the 1890s, that have fallen into states of disrepair. The project plans for the creation of a sensory garden and rustic arbor, a nature play area, and a... View full entry
Behind every facade design is a team of architects, engineers, fabricators, material specialists, and installers working together to produce successful building envelopes. From pre-construction to installation, the world of facade design has become a niche market for firms and individuals with... View full entry
Located in South Slope, Brooklyn, House Offset is a residential remodel that underwent a recent renovation with a focus on enhancing both interior and exterior architectural details as well as "preserving much of the exterior as a nod to adjacent residences and the traditional New York City... View full entry
The Brooklyn Museum in New York City has received a massive capital investment from the Department of Cultural Affairs — $50 million, the largest single gift in the institution’s history. The funding, announced yesterday by Mayor Bill de Blasio, will support gallery renovations and energy-efficient updates. — Hyperallergic
The original McKim, Mead & White-designed structure underwent an extensive renovation at the hands of Ennead in the early 1990s and more recent renovations to the 2nd and 5th-floor galleries that were completed in 2019. The museum has been in a precarious position financially for quite some time... View full entry
