March 2026

New Museum Opens With New Seven-Story Expansion in Bowery, Manhattan

8:00 am on March 21, 2026 By Michael Young

Construction wraps up on the New Museum’s seven-story expansion at 231 Bowery in the Bowery section of Manhattan’s Lower East Side. Designed by Rem Koolhaas and Shohei Shigematsu of OMA along with Cooper Robertson & Partners, the 174-foot-tall annex stands directly south of the SANAA-designed main building, which was completed in 2007. The 60,000-square-foot addition connects laterally to the original structure and will more than double the institution’s footprint to 115,277 square feet. The new building will contain three gallery floors, an 80-seat restaurant, a larger bookstore, and offices for staff, among other spaces. The property is located at the intersection of Bowery and Prince Street.

45 White Street Acquired In Tribeca, Manhattan

7:30 am on March 21, 2026 By Max Gillespie

Slate Property Group and Avenue Realty Capital have acquired 45 White Street, a seven-story multifamily rental building in Tribeca, Manhattan, marking the partnership’s second acquisition in the neighborhood within the past six months. The partners purchased the 33,500-square-foot property from Benchmark Real Estate Group for $32 million, with financing provided by White Oak Real Estate Capital.

Housing Lottery Launches for 1985 Jerome Avenue in Morris Heights, The Bronx

7:00 am on March 21, 2026 By Vanessa Londono

The affordable housing lottery has launched for 1985 Jerome Avenue, a seven-story mixed-use building in Morris Heights, The Bronx. Designed by ARC Architecture + Design Studio and developed by Moris Yeroshalmi under the Yed LLC, the structure yields 56 residences. Available on NYC Housing Connect are 28 units for residents at 40 to 80 percent of the area median income (AMI), ranging in eligible income from $35,692 to $116,640.

Permits Filed for 677 East 141st Street in Mott Haven, The Bronx

6:30 am on March 21, 2026 By Vanessa Londono

Permits have been filed for an eight-story mixed-use building at 677 East 141st Street in Mott Haven, The Bronx. Also addressed as 351 Powers Avenue, the corner lot is near the Cypress Avenue subway station, served by the 6 train. Rona Reodica of New York City Department of Housing Preservation and Development is listed as the owner behind the applications.

Forte Living Nears Completion at 205 East 110th Street in East Harlem, Manhattan

8:00 am on March 20, 2026 By Michael Young and Matt Pruznick

Work is nearing completion on Forte Living, an 18-story residential building at 205 East 110th Street in East Harlem, Manhattan. Designed by Studio V Architecture and developed by Fouerti Realty, the structure will yield 209 rental units, including 53 affordable homes, and ground-floor commercial space. INPUT is serving as the interior designer for the project, which is bounded by Third Avenue, East 110th, and East 111th Streets.