New Face of the New York Real Estate Scene

This September saw some of the biggest players in the industry as SL Green, Somerset Partners and Chetrit Group dominate permit applications.

The outer boroughs had four projects in Brooklyn while the Bronx and Staten Island got three and one respectively. Many of the NYC real estate projects were rental buildings on which are available on

One Vanderbilt Avenue in Manhattan

SL Green Realty’s 67-story One Vanderbilt tower office, designed by Kohn Pedersen Fox, will be 1.3 million sq feet with an apex of 1,404 feet. It will be an office building with two retail space floors.

101 Lincoln Avenue, the Bronx

A joint venture between the Chetrit Group and Somerset Partners will see the erection of two adjacent 25 storied buildings within Mott Haven. The site cost $32 million.

2401 Third Avenue, the Bronx

Somerset and Chetrit’s second building in Mott Haven will contain retail space, residential space and a community facility. The site, 1.5 acres, cost $26 million.

664 Pacific Street in Brooklyn

This Greenland Forest City project is a 26-storied building with 323 rentals units. It will have a public school on the first and fifth floor. The Marvel Architects-designed building cost $200 million.

27West Street in Brooklyn

Halcyon Management plans a 19-story rental building on this site. The 279.730 sq feet structure houses 234 units. It’s designed by SLCA Architects.

1721 east 8th Street in Brooklyn

The developer, Z&K Realty plans an 11 stories residential building on the $10.5 million site with a synagogue, apartments and commercial space.

4439 Third Avenue in Bronx

L+M Development Partners together with Hornig Capital Partners plan a 12 story rental building. It will have 133 residential units, commercial space and a community center. It is a Dattner Architects design.

115 East 97th Street in Manhattan

Marmount School plans to build a 13 storied academic building-111,510 sq feet. It’s Designed by CookFox. The lot cost $21 million.

140 Friendship Lane in Staten Island

Douglaston Developers plans to develop a 105,854 sq feet residential building with 161 units. The 5-story senior living facility contains a recreational facility-10,000 sq feet. It designed by MAP Architects.

541 Fourth Avenue in Brooklyn

Aaron Karpen and Anshel Friedman plans a 12 storied rental building-103,602 sq feet. Designed by Karl Fischer it will contain two ground floor retail spaces plus 125 units, garage and a pet spa. The site cost $16.5 million.

Town Residential in New York is a leading real estate firm founded by Andrew Heiberger in 2010. It deals with the sale, lease and marketing of luxury residential. Run by a top team of professionals, the company has emerged as a market leader in the industry winning many awards. It ranks as one of the top places to work for in New York City.

Leave a Reply