Articles by Max Gillespie

Future-of-Fifth bird's eye view corridor rendering. Credit: City Hall

Future of Fifth Partnership Gets $152.7 Million In Funding To Transform Fifth Avenue In Midtown, Manhattan

New York City recently issued $152.7 million in funding to the Future of Fifth Partnership, an organization which aims to transform Fifth Avenue into a pedestrian-centered boulevard between Bryant Park and Central Park in Midtown, Manhattan. Designed in partnership between Sam Schwartz and Field Operations, the project plans to nearly double the width of sidewalks along Fifth Avenue to 33.5 feet each and introduce more than 230 new trees, along with approximately 20,000 square feet of planters, seating, and activation spaces.

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Photograph via Kendal On Hudson

Kendal On Hudson Secures Renovation Financing at 1010 Kendal Way In Sleepy Hollow, New York

Kendal on Hudson, a senior living community at 1010 Kendall Way in Sleepy Hollow, New York, has received preliminary approval for $20.6 million in tax-exempt bond financing from the Westchester County’s Local Development Corporation. The financing will go toward a renovation for the property, which is designed to improve accessibility and functionality in both interior and exterior common spaces for the 222-unit community, and is expected to cost a total of $32 million.

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167-174 4th Avenue, via Google Maps

Pre-Development Loan Issued For 167-174 4th Avenue In Park Slope, Brooklyn

An $18.5 pre-development loan has been issued for 167-174 4th Avenue, a proposed 16-story residential building in Park Slope, Brooklyn. Developed by Urban Development Partners, the structure is planned to yield 133 rental units with an affordable housing component, as well as ground-floor retail space. Naftali Credit Partners provided the loan for the property, which is located between Douglass and Degraw Streets.

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Photograph of 195 Broadway. Credit: Alan Schindler

Brooks Brothers to Open Flagship Store at 195 Broadway in Financial District, Manhattan

Brooks Brothers is set to open a new flagship store at 195 Broadway, a 29-story Neoclassical building in Manhattan’s Financial District, marking a return to the neighborhood where the clothing retailer was established over two centuries ago. The store will occupy 9,871 square feet across the ground floor and cellar levels of the building, which is owned by L&L Holding Company and located between Fulton and Dey Streets.

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77 Franklin Street, via Google Maps

LPC To Review Proposal For Renovation to 77 Franklin Street In Tribeca, Manhattan

The New York City Landmarks Preservation Commission is set to review a proposal regarding 77 Franklin Street, a historic four-story loft and storefront building in Tribeca, Manhattan. The proposed work involves repainting the building’s first-floor façade, including its cast iron and wood elements, as well as updating non-historic infill at the residential entrance bay.

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