Rendering of 655 Union Street. Credit: Gustavo Coutinho from The Couthouse

8:00 am on January 15, 2025 By Michael Young

Construction Wraps Up on 655 Union Street in Gowanus, Brooklyn

Work is wrapping up on 655 Union Street, a 13-story residential building in Gowanus, Brooklyn. Designed by L+Z Architecture and developed by Avery Hall and Gindi Capital, the 200,000-square-foot structure will yield 193 rental units in one- to two-bedroom layouts, as well as 14,000 square feet of ground-floor retail space. Fifty of the units will be designated for affordable housing. The half-acre property is alternately addressed as 204 4th Avenue and bound by Sackett Street to the north and Raul Vasquez Jr. Place to the south.

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Rendering of Pearl House, courtesy of Vanbarton Group

Pearl House Nears Completion At 160 Water Street In Financial District, Manhattan

7:30 am on January 15, 2025 By Max Gillespie

Work is nearing completion on Pearl House, an office-to-residential conversion at 160 Water Street in Manhattan’s Financial District. Designed by Gensler and developed by Vanbarton Group, the project involved the construction of a three-story rooftop expansion atop an existing midcentury tower and the conversion of its 525,000 square feet of office space to yield 588 rental units. The property is located at the corner of Water and Fletcher Streets.

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Construction Begins on 2868 Webster Avenue in Bedford Park, The Bronx

7:00 am on January 15, 2025 By Vanessa Londono

Work has begun on 2868 Webster Avenue in Bedford Park, The Bronx, the second phase of a two-phase mixed-use development. The 12-story, 250,000-square-foot building will sit adjacent to the New York Botanical Gardens. Developed by Douglaston Development in collaboration with the Jericho Project, components include 277 affordable housing units, 8,000 square feet of ground-floor retail space, on-site social services, and residential amenities.

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Excavation Underway for 714-Unit Complex at 355 Exterior Street in Mott Haven, The Bronx

8:00 am on January 14, 2025 By Michael Young and Matt Pruznick

Excavation and pilings are underway at 355 Exterior Street, the site of a two-tower residential complex in Mott Haven, The Bronx. Designed by Hill West Architects and developed by The Lightstone Group under the 355 Exterior Street Associates LLC, the 720,785-square-foot project will yield 714 rental units with an average scope of 777 square feet, as well as 10,630 square feet of commercial space and 325 enclosed parking spaces. The taller of the two towers will rise 437 feet, making it the tallest structure in the South Bronx and the second-tallest in the borough. The property is located along the Harlem River near the intersection of Exterior and Gerard Streets.

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