2026


15 Penn Plaza. Designed by Foster + Partners.

Redesign Revealed for PENN15 Office Supertall at 15 Penn Plaza in Midtown, Manhattan

An updated design has been revealed for PENN15, a proposed 1,050-foot supertall office skyscraper at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the 52-story structure is slated to yield 2.1 million square feet of office space and lower-level retail. The property is alternately addressed as 401 Seventh Avenue and is located between West 32nd and 33rd Streets, directly across from Penn Station. The project is planned as the centerpiece of the 7.4-million-square-foot Penn District master plan.

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Construction Loan Secured For 748-Unit Skyscraper at 201 Hudson Street In Jersey City, New Jersey

Developers have secured a $277 million construction loan for 201 Hudson Street, a 69-story residential tower in Jersey City, New Jersey. Designed by Concrete Amsterdam with HLW International as the architect of record and developed by a joint venture between Urby and Rockpoint, the 677-foot-tall structure will span approximately 528,000 square feet and yield 748 rental units. The project will also include roughly 10,000 square feet of ground-floor retail space, structured parking, and a suite of lifestyle amenities.

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Units Still Available at 624 Metropolitan Avenue in Williamsburg, Brooklyn

The affordable housing lottery has launched for 624 Metropolitan Avenue, an eight-story mixed-use building in Williamsburg, Brooklyn. Developed by Christian Pompa of Caro Enterprises, the structure yields eight residences. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $132,069 to $198,510.

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