Demolition to Begin for New Louis Vuitton Flagship at 1 East 57th Street in Midtown, Manhattan

8:00 am on September 18, 2024 By Michael Young and Matt Pruznick

Demolition preparations are underway for a redesigned Louis Vuitton flagship store and office building at 1 East 57th Street in Midtown, Manhattan. Developed by parent company LVMH Moët Hennessy Louis Vuitton, which recently completed a similar renovation and expansion of the Tiffany & Co. flagship across 57th Street at 720 Fifth Avenue, the project could potentially increase the scope of Louis Vuitton’s 20-story structure to more than double its current size, from 91,060 to 230,000 square feet. The property is located at the corner of Fifth Avenue and East 57th Street along Billionaires’ Row.

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Rendering of 62 Reade Street, courtesy of ODA

62 Reade Street Nears Completion In Tribeca, Manhattan

7:30 am on September 18, 2024 By Max Gillespie

Sales have launched for 62 Reade Street, a five-story residential building nearing completion in Tribeca, Manhattan. Designed by ODA and developed by BSD Investments, the project involves the merging of two landmarked buildings into a combined structure that will yield six loft-style units. The property is located between Church Street and Broadway.

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Housing Lottery Launches for 2385 Tiebout Avenue in Fordham, The Bronx

7:00 am on September 18, 2024 By Vanessa Londono

The affordable housing lottery has launched for 2385 Tiebout Avenue, an eight-story residential building in Fordham, The Bronx. Designed by Fred Geremia Architects & Planners and developed by Artan Prelaj, the structure yields 38 residences. Available on NYC Housing Connect are 12 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $104,640 to $181,740.

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Nova Towers Gains Approval From Historic Preservation Commission of Newark, New Jersey

8:00 am on September 17, 2024 By Michael Young and Matt Pruznick

The Newark Landmarks and Historic Preservation Commission has approved Nova Towers, a two-tower residential proposal set to rise at 16-38 William Street in the Four Corners Historic District in downtown Newark, New Jersey. Designed by INOA Architecture and developed by KS Group LLC, the structures are planned to both stand 488 feet tall and yield a combined 712 residential units in studio to two-bedroom layouts. The property currently features a number of low-rise commercial structures that will have to be demolished, and is bound by William Street to the north, a surface level parking lot to the south, Chapel Court to the east, and Halsey Street to the west.

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