Rendering of 250 West 49th Street by S Wieder Architect, via Shea Communications

Starline Tower Nears Completion at 250 West 49th Street in Midtown, Manhattan

Construction is nearing completion on Starline Tower, a 28-story residential building at 250 West 49th Street in Midtown, Manhattan. Designed by S. Weider Architect and developed by Chess Builders, the structure will yield 138 rental units, with 42 dedicated to affordable housing. The project will also include 2,500 square feet of ground-floor retail space. The property is located on an interior lot near the corner of Eighth Avenue and West 49th Street.

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40 Exchange Place. Image courtesy of 40 Exchange.

40 Exchange Place Readies for 382-Unit Office-To-Residential Conversion in Financial District, Manhattan

Work is about to begin on the office-to-residential conversion of 40 Exchange Place, a 20-story commercial building in Lower Manhattan’s Financial District. Developed by GFP Real Estate, the project will repurpose the structure’s 300,000 square feet into 382 rental apartments. The project will also include ground-floor retail space. A portion of the residential offering will be dedicated to affordable housing. The property is located at the intersection of Exchange Place and William Street.

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Perplexity Signs New Lease Spanning 22,000 Square Feet at 841, 853 Broadway in Union Square, Manhattan

AI company Perplexity has expanded its office footprint in Manhattan’s Union Square, signing a new lease that brings its total occupancy to 22,000 square feet across 841 and 853 Broadway. The company, which initially leased the entire fourth floor of 853 Broadway in June, has now secured the fourth floor of the adjoining 841 Broadway, also known as the Roosevelt Building. The Feil Organization, owner of both buildings, will remove the dividing wall to create a contiguous full-floor office space. The properties are located between East 13th and 14th Streets, just south of Union Square Park.

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70 Hudson Yards. Designed by Roger Ferris + Partners and Gensler.

70 Hudson Yards Prepares for Vertical Construction in Hudson Yards, Manhattan

Construction is preparing to go vertical at 70 Hudson Yards, a 52-story commercial skyscraper in Hudson Yards, Manhattan. Designed by Roger Ferris + Partners and Gensler and developed by Related Companies and Oxford Properties, the 832-foot-tall structure is planned to become New York’s first zero-carbon-emission skyscraper and will yield just under 1.4 million square feet of office space. The property is alternately addressed as 514 West 36th Street and located along Hudson Boulevard East between by West 35th and 36th Streets.

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