This week, the Hudson River Park Trust officially opened Pier 26 in Tribeca, the first new public pier to debut within Hudson River Park this decade. Designed by landscape architect OLIN, the pier will serve multiple uses including public recreation, educational programming, and ecological support for plant species native to the island of Manhattan.
This week, developers and city officials celebrated the official opening of 22 South West, a new mixed-income affordable housing complex in Mount Vernon, New York. Designed by Humphreys & Partners Urban Architecture, the $95 million mixed-use development comprises 4,200 square feet of ground-floor retail and office space, 189 apartments, and 149 sub-grade parking spaces.
Nightingale Properties and Wafra Capital Partners recently launched a campaign to draw in $860 million in construction financing to redevelop an existing office building in Manhattan’s Financial District. Located at 111 Wall Street, it is estimated that redevelopment costs will max out at $1 billion.
The Landmarks Preservation Commission (LPC) is currently reviewing proposals to construct a five-story office building at 72 Grand Street in the Soho Cast Iron Historic District of Manhattan. The site currently sits vacant with frontage along both Grand and Wooster Streets. If approved, the new building will top out at nearly 88 feet including all required mechanicals.
Sales have launched for 101 West 14th Street, a 13-story residential project from ODA’s New York design studio on the border of Chelsea and Greenwich Village. Developed by Gemini Rosemont, the structure will yield 44 condominium residences. Nestseekers International’s Serhant Team is leading the sales and marketing of the units, which start at $1.35 million for a one-bedroom home.
