Mayor Eric Adams has ushered in the next phase of the Midtown South Neighborhood Action Plan, a community development plan aimed at facilitating the conversion of office properties into multifamily residential buildings. Over time, the plan will update existing zoning rules and administrative hurdles that slow down the process for developers.
L&L Holding Company has unveiled a pair of prominent artworks at Norman Foster‘s 425 Park Avenue office skyscraper in Midtown East. The artworks now occupy the building’s jewel box triple-height lobby and show on a digital display on the three ornamental fins that crown the structure.
Permits have been filed to expand a four-story structure into a 13-story mixed-use building at 77 Mott Street in Chinatown, Manhattan. Located between Canal Street and Bayard Street, the lot is near the Canal Street subway station, serviced by the J. Z, and 6 trains. Tommie Hui under the 77 Mott LLC is listed as the owner behind the applications.
The first phase of a renovation and expansion project at the historic 92nd Street Y on the Upper East Side of Manhattan is now complete. Located at 1395 Lexington Avenue, the project was led by architects Beyer Blinder Belle and has reinvigorated four floors of cultural space within the building.
Grubb Properties has closed on an $86 million loan to construct a residential skyscraper at 111 Washington Street in Manhattan’s Financial District. The development was originally addressed as 8 Carlisle Street and was expected to top out at 50 stories. Updated plans specify a 64-story tower with more than 326,000 square feet of interior space.
