Mixed-Use


126 East 57th Street Continues Ascent in Midtown, Manhattan

Construction is continuing to rise on 126 East 57th Street, a 28-story residential building on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the rising 346-foot-tall structure will yield 147 condominium units with an average scope of 1,156 square feet, as well as 5,000 square feet of lower-level retail space. WSP USA is the engineer and Plaza Construction is the general contractor for the property, which is being constructed on an L-shaped parcel at the corner of East 56th Street and Lexington Avenue, with a narrow extension to East 57th Street.

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Housing Lottery Launches for The Gregory at 991 St. Johns Place in Crown Heights, Brooklyn

The affordable housing lottery has launched for The Gregory, a seven-story mixed-use building at 991 St. Johns Place in Crown Heights, Brooklyn. Designed by PKSB Architects, the structure yields 40 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 $85,715 to $227,630.

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Window Installation Progresses on 1 Park Row in Financial District, Manhattan

Exterior work is moving along on 1 Park Row, a 23-story mixed-use building in Lower Manhattan’s Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will span 103,000 square feet and yield 58 condominium units in one- to three-bedroom layouts with interior design by Paris Forino, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street, directly across from the southern tip of City Hall Park.

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