Articles by Max Gillespie

Render of Clarkson Estates, courtesy of New York State

Construction Begins on Clarkson Estates Affordable Housing Project at 329 Clarskson Avenue in Flatbush, Brooklyn

7:30 am on December 7, 2023 By Max Gillespie

On Tuesday, Governor Kathy Hochul announced the commencement of construction on Clarkson Estates, a nine-story affordable housing project at 329 Clarkson Avenue in Flatbush, Brooklyn. Developed by Empire State Development, the structure will yield 328 apartments, including 164 supportive units for the formerly homeless, as well as a 30,000-square-foot community facility and 80 rentable parking spaces. The project is a part of the state’s Vital Brooklyn initiative, which seeks to address social, economic, and health disparities in Brooklyn.

Payoneer to Relocate Headquarters to 195 Broadway in Financial District, Manhattan

7:30 am on December 6, 2023 By Max Gillespie

Financial technology firm Payoneer has finalized a ten-year lease agreement to move its headquarters to 195 Broadway in Manhattan’s Financial District. The company will occupy a 42,000-square-foot space spanning the entire 27th floor of the historic 29-story Neoclassical building starting in spring of 2024. This relocation marks one of the more significant office relocations from Midtown to Lower Manhattan this year.

Rendering of Crescent Manor Ossining, courtesy of Thompson & Bender

Westchester IDA Grants Incentives Approval for Senior Housing Project at 136-140 Croton Avenue In Ossining

7:00 am on December 5, 2023 By Max Gillespie

The Westchester County Industrial Development Agency has given its final approval for financial incentives to support the construction of a $44.5 million affordable housing project designed exclusively for seniors aged 62 and older. The project, called Crescent Manor Ossining, will occupy a currently vacant site located at 136-140 Croton Avenue in Ossining.

Rendering of Teutonia Hall looking north from Hudson River, by S9 Architecture

Preliminary Incentive Approval Issued For 906-Unit Teutonia Hall Complex at 4 Buena Vista Avenue in Yonkers

7:00 am on December 4, 2023 By Max Gillespie

The Yonkers Industrial Development Agency has granted preliminary approval for financial incentives for Teutonia Hall, a $458 million mixed-use residential complex featuring two 41-story towers at 4 Buena Vista Avenue in Yonkers.

Render of the exterior of 1334 York Avenue, courtesy of Edelman

Weill Cornell Announces New Research Center at 1334 York Avenue on Manhattan’s Upper East Side

7:00 am on December 3, 2023 By Max Gillespie

Weill Cornell Medicine has announced plans to expand its Upper East Side campus with the acquisition of five floors at 1334 York Avenue. The new space, which is currently occupied by Sotheby’s auction house, is located one block from Weill Cornell’s primary campus and will add some 200,000 square feet of research space, the institution’s largest expansion since the inauguration of the Belfer Research Building in 2014.

Rendering of 10th Avenue entrance, via Wells Fargo

Wells Fargo Announces Retail-to-Office Conversion in Hudson Yards, Manhattan

7:30 am on December 2, 2023 By Max Gillespie

Wells Fargo has announced plans to consolidate most of its New York office presence across two buildings in Hudson Yards. Developed by Related Companies, the project involves the conversion of three stories of retail space in 20 Hudson Yards into 445,000 square feet of new office space, providing an easy link to the company’s existing nine-story footprint in the connecting 30 Hudson Yards supertall skyscraper. Wells Fargo reportedly purchased the former Neiman Marcus store, which closed in 2020, for $550 million and plans to open the new office in three years.

Atlas exterior render, courtesy of Alpine Residential

Atlas Nears Completion At 270 Johnston Avenue In Jersey City

7:30 am on December 1, 2023 By Max Gillespie

Construction is nearing completion on Atlas, a 24-story residential building at 270 Johnston Avenue in Jersey City’s Bergen-Lafayette neighborhood. Designed by MHS Architecture and developed by Alpine Residential and Fields Grade, the structure will yield 169 rental units in studio to three-bedroom layouts with interiors by GRT Architecture. Many of the homes will feature private balconies with views of the Statue of Liberty and the Manhattan skyline.

Rendering of 295 Fifth Avenue with its new rooftop penthouse

Developers Announce 132,000-Square-Foot Lease Deal at 295 Fifth Avenue In Midtown South, Manhattan

7:30 am on November 30, 2023 By Max Gillespie

Tribeca Investment Group, PGIM Real Estate, and Meadow Partners have announced a lease agreement with global litigation firm Quinn Emanuel Urquhart & Sullivan, LLP for a 132,000-square-foot space at the fully renovated 295 Fifth Avenue in Midtown South, Manhattan. This relocation marks one of the largest relocations of 2023 in the surrounding area and reflects a trend of traditional industries filling the leasing gap left by technology firms in the neighborhood. CBRE helped facilitate the transaction on behalf of ownership and represented Quinn in the leasing agreement.

The Keller at 150 Barrow Street, courtesy of Binyan Studios

New Images Revealed for The Keller at 150 Barrow Street in Manhattan’s West Village

7:30 am on November 29, 2023 By Max Gillespie

Aurora Capital Associates and William Gottlieb Real Estate have revealed new interior renderings for The Keller at 150 Barrow, a seven-story residential building at 150 Barrow Street along the Hudson River in Manhattan’s West Village. Designed by BKSK Architects, the project involved the conversion of the former Keller Hotel, which was designated a New York City landmark in 2007, and yields 24 condominium units in one- to four-bedroom layouts. The Renaissance Revival building dates back to 1898 and is located at the corner of West and Barrow Streets.

Render of 311 Eastern Parkway, via Harpia

311 Eastern Parkway Rises Above Street Level in Crown Heights, Brooklyn

6:30 am on November 28, 2023 By Max Gillespie

Construction is progressing on 311 Eastern Parkway, an eight-story residential building in Crown Heights, Brooklyn. Designed by Bowerbird Architects and developed by Harpia, a Brooklyn-based company with a focus on sustainable and impact investing, the 75-foot-tall structure will yield five condominium units with an all-electric Passive House design. Augmented Construction is the construction manager and LXC Construction Inc. is the general contractor for the property, which is located between Classon and Franklin Avenues, a short walk from the Brooklyn Museum and Prospect Park.

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Articles by Max Gillespie

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