Seaport Residences Continues to Languish at 161 Maiden Lane in Financial District, Manhattan

8:00 am on November 27, 2024 By Michael Young and Matt Pruznick

Continuing our Turkey Week list of stalled projects is Seaport Residences, a 60-story residential skyscraper at 161 Maiden Lane along the border of Lower Manhattan’s Financial District and the South Street Seaport District. Designed by Hill West Architects and developed by Fortis Property Group, the 670-foot-tall tower, originally dubbed One Seaport, was planned to span 200,000 square feet and yield 80 condominium units. The property stands on a narrow rectangular lot bound by South Street and Maiden Lane, directly across from FDR Drive and the East River.

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Housing Lottery Launches for Greenpoint Central at 75 Dupont Street in Greenpoint, Brooklyn

7:30 am on November 27, 2024 By Vanessa Londono

The affordable housing lottery has launched for Greenpoint Central, an eight-story mixed-use building at 75 Dupont Street in Greenpoint, Brooklyn. Developed by Madison Capital Realty and designed by Hill West Architects with Whitehall Interiors as the interior designer, the structure yields 471 residences. Available on NYC Housing Connect are 59 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $67,475 to $218,010.

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Photograph of 45 Main Street, courtesy of Two Trees Management

New Commercial Lease Signed At 45 Main Street In DUMBO, Brooklyn

6:30 am on November 27, 2024 By Max Gillespie

Constangy, Brooks, Smith & Prophete, LLP recently signed a new lease at 45 Main Street, a 12-story office building in DUMBO, Brooklyn. Managed by Two Trees, the property was constructed in 1912 and spans a full block bound by Water Street to the north, Front Street to the south, Washington Street to the east, and Main Street to the west. Office spaces are offered in flexible footprint and lease terms.

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45 Park Place Remains Incomplete in Tribeca, Manhattan

8:00 am on November 26, 2024 By Michael Young and Matt Pruznick

Continuing our Turkey Week rundown of stalled projects is 45 Park Place, a 43-story residential skyscraper in Tribeca, Manhattan. Designed by SOMA Architects and Ismael Leyva Architects and developed by Sharif el-Gamal of Soho Properties under the Park Place Development Primary LLC, the 667-foot-tall structure was slated to yield 50 condominium units. The property is located between Church Street and West Broadway.

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