Leasing is beginning this week for The Enclave, aka 675 Monmouth Street, an upcoming six-story rental property on the border of Jersey City and Hoboken. BNE Real Estate Group, Hoboken Brownstone Company, and McKinney Properties are the three developers while The Marketing Directors is in charge of leasing and marketing for the property’s 260 residences.
Articles by Michael Young
The uniquely detailed façade of 100 Franklin Street in the Tribeca East Historic District is beginning to be revealed. The residential project consists of conjoined triangular-shaped buildings on a narrow property, yielding ten full-floor residences. Half of the scaffolding and white sheathing that was covering the main eastern elevation has now been disassembled, exposing its detailed masonry craftsmanship. DDG is the architect of the project. The intricately detailed curtain wall uses hand-laid Petersen Tegl bricks. Douglas Elliman is in charge of handling sales.
The condominium conversion and redevelopment of the landmarked Broad Exchange Building, aka 25 Broad Street, has officially wrapped, with sales now launching. The structure was designed by Clinton & Russell, and was once the largest office building in the Financial District and all of Manhattan, formerly serving as the headquarters of investment bank and stock brokerage firm Paine Webber. It was designated as a landmark in 2000. A total of 307 units will be created and be divided between 168 one-bedrooms, 135 two-bedrooms, and four penthouses. Prices will start from under $1 million and range from about $950 per square foot on the ground floor to $2,150 per square foot for the top floors, with LCOR serving as the site’s developer.
The first sculptural glass panels on Thomas Heatherwick’s premiere residential project at 515 West 18th Street are starting to be installed. The glass and metal frames are rising on the western elevation of the shorter ten-story building, which has topped out along Tenth Avenue. Heatherwick’s pair of architecturally matching structures straddle the High Line and will be an interesting addition to the Chelsea neighborhood. The taller half of the complex is rising on the western edge of the elevated park and will soon stand 22 stories high. The site is being developed by Related Companies.
YIMBY went on a hard hat tour of One Wall Street, a historic, 51-story Art Deco tower designed by Ralph Walker and completed in 1931. Formerly the headquarters of the Bank of New York and Irving Trust Company, the Financial District icon is currently undergoing a $1.5 billion residential conversion and expansion. A five-story addition is underway and being constructed above the adjoining mid-century annex. SLCE Architects is serving the architect of record while Harry Macklowe of Macklowe Properties is the developer. CORE is handling sales and marketing of the planned 566 housing units.