MetLife Extends 400,000-Square-Foot Lease at 200 Park Avenue In Midtown East, Manhattan
Housing Lottery Launches for 266 West 96th Street on Manhattan’s Upper West Side
The affordable housing lottery has launched for 266 West 96th Street, a 23-story residential building on Manhattan’s Upper West Side. Designed by SLCE Architects and developed by Fetner Properties, the structure yields 171 residences. Available on NYC Housing Connect are 52 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $40,526 to $198,250.
Naftali Group Secures $236 Million Loan For 255 East 77th Street on Manhattan’s Upper East Side
Naftali Group has secured a $236 million construction loan for 255 East 77th Street, a 36-story residential skyscraper on Manhattan’s Upper East Side. Provided by J.P. Morgan and Starwood Capital, the loan will will help complete the 500-foot-tall structure, which is currently in the excavation phase.
Renderings Revealed For 160 Water Street Conversion In The Seaport Neighborhood of Manhattan
New renderings have been revealed for Pearl House, an office-to-residential conversion project by the Vanbarton Group at 160 Water Street in the Seaport neighborhood of Manhattan. The project, designed by Gensler, features an acre of amenities, both indoors and outdoors. Compass Development Marketing Group is the exclusive leasing and marketing partner for this project.
Governor Hochul Announces RFP Winner for Affordable Housing at 31-33 West 110th Street in Harlem, Manhattan
Governor Kathy Hochul has announced the winning plan for the redevelopment of Manhattan’s former Lincoln Correctional Facility at 31-33 West 110th Street in Harlem. Named the Seneca project, the project aims to transform the site into an affordable housing development with 105 units. The $90 million initiative, led by Infinite Horizons, L+M Development Partners, Urbane, and Lemor Development Group, is part of the state’s broader strategy to alleviate New York’s housing crisis.
