Manhattan’s iconic MetLife Building will soon undergo a major renovation of ground floor lobby areas, including the reinstatement of a long-shuttered connection to Grand Central Terminal. Tishman Speyer, the building’s current owner, has commissioned MdeAs Architect to reimagine the space.
After purchasing a five-building site at 54-62 West 125th Street this summer, Developer Jay Group recently secured $37 million in financing to develop the mixed-use property. Their 140,000 square-foot vision in Harlem, Manhattan includes one retail unit and the addition of 141 residential units to the area between Lenox and Fifth Avenues. The projected development site qualifies for both 421-a and Industrial and Commercial Abatement Program tax benefits for the mix of commercial and residential units—30 percent of which will be affordable. JFA is responsible for the design.
A new student residence is on the rise at 415 West 120th Street designed by architect Gerner Kronick + Valcarcel. Located in Morningside Heights, the property will rise 14 stories and contain 80 units for dedicated use by Columbia University.
Designed by JCJ Architecture, a new housing development will soon take shape in Manhattan’s East Village. Located on an interior lot at 270 East 2nd Street, the property was commissioned by Barrier Free Living, a New York-based non-profit that provides temporary and permanent housing for adults with significant physical disabilities. The new development will will provide both housing and support services for survivors of domestic violence with disabilities.
Zar Property NY has returned to the city’s Landmarks Preservation Commission with new applications to construct an elevator bulkhead and landing for 38 Green Street‘s innovative penthouse expansion.
