1 Park Row Rises Above Street Level in Financial District, Manhattan

8:00 am on May 13, 2023 By Michael Young and Matt Pruznick

Construction is rising above street level on 1 Park Row, a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will yield 103,000 square feet with 58 condominium units in one- to three-bedroom layouts, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street.

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Aerial rendering of the New York City Football Club soccer stadium in Willets Point, Queens

New York City Football Club Reveals Renderings of 25,000-Seat Willets Point Soccer Stadium in Corona, Queens

7:30 am on May 13, 2023 By Sebastian Morris

In a meeting with Willets Point Queens Community Board 7, the New York City Football Club presented its plans to construct a 25,000-seat soccer stadium near Citi Field in Corona, Queens. Known as the Willets Point Revitalization Plan, the scope of work also includes a 100-percent affordable housing project with more than 2,500 units, a 650-seat school, a 250-key hotel, retail and dining locations, and more than 40,000 square feet of public open space.

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Housing Lottery Launches for Seed Cooperatives at 1900 Park Place in Brownsville, Brooklyn

7:00 am on May 13, 2023 By Vanessa Londono

The affordable housing lottery has launched for Seed Cooperatives, three four-story residential buildings at 1900 Park Place in Brownsville, Brooklyn. Designed by Latent Productions and developed by Habitat for Humanity, the structure yield a total 17 residences. Available on NYC Housing Connect are four units for sale for residents at 80 percent of the area median income (AMI), ranging in eligible income from $48,000 to $115,280.

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One Madison Avenue’s Façade Nears Completion in Flatiron District, Manhattan

8:00 am on May 12, 2023 By Michael Young and Matt Pruznick

Exterior work is nearing completion on One Madison Avenue, a 27-story commercial building in the Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the National Pension Service of Korea, and Hines, the project involves the gut renovation of an existing eight-story structure and the construction of a 19-story addition above its parapet, and will yield 1.4 million square feet of office space and ground-floor retail. NYC Constructors is building the expansion and AECOM Tishman is the construction manager for the property, which occupies a full block at the southeast corner of Madison Square Park between Madison Avenue, Park Avenue South, East 23rd Street, and East 24th Street.

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