Manhattan

Rendering of the new Midtown Bus Terminal, courtesy of Port Authority of New York and New Jersey

Funding Approved For New Port Authority Bus Terminal In Midtown, Manhattan

Governor Kathy Hochul, New York City Mayor Eric Adams, and the Port Authority of New York and New Jersey (PANYNJ) have agreed to work together to finance a $10 billion project to replace and expand the Port Authority Bus Terminal in Midtown, Manhattan. The city has agreed to allocate 40 years of tax revenue from three new commercial developments to fund the project, which has been designed by Foster + Partners. The tax allocation is expected to generate around $2 billion and cover approximately 20 percent of the total anticipated $10 billion cost of construction for the project.

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Housing Lottery Launches for 420 West 42nd Street in Midtown West, Manhattan

The affordable housing lottery has launched for 420 West 42nd Street, a 40-story residential building in Manhattan‘s Midtown West. Designed by Hardy Holtzman Pfeiffer Architects and developed by The Brodsky Organization in 2000, the structure yields 210 residences. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $78,858 to $198,250.

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17 Battery Place, via vts.com

Whitehall Building Completes Exterior Renovations at 17 Battery Place In Manhattan’s Financial District

Renovation work is complete on the Whitehall Building, a 31-story mixed-use building at 17 Battery Place in Manhattan‘s Financial District. Designed by GACE and Thornton Tomasetti and developed by the Moinian Group, the two-year project focused on the restoration of the building’s Renaissance Revival exterior to the historical conditions of its completion in 1910. Yates Exterior Restoration Services was the contractor for the property, which is located at the intersection of Battery Place and West Street.

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