In the midst of the largest office-to-condo conversion in New York City history at One Wall Street, its famous Red Room is undergoing a 16-month-long renovation. Designed in 1931 by renowned muralist Hildreth Meière, the former banking hall’s walls and ceilings are lined with 8,911 square feet of oxblood, orange, and gold glass tile mosaic, some of which has become damaged over the years. The Red Room will likely serve as retail space when the building reopens, which is expected to be in 2021. Macklowe Properties is the developer of the $1.5 billion Financial District conversion and expansion. CORE is handling sales and marketing of the planned 566 housing units in the rest of the Ralph Walker-designed skyscraper. SLCE Architects is serving as the architect of record.
New York-based developer Extell has surpassed another milestone for 138 Willoughby Street, aka Brooklyn Point, in Downtown Brooklyn. Construction workers have now lifted and assembled the steel frame for the highest residential infinity-edge pool in the western hemisphere. The 27-foot-long pool is now in place on the roof deck of the 68-story, 720-foot-tall skyscraper, part of the third and final phase of the City Point complex.
Excavation work is in full swing at 368 Third Avenue in Kips Bay, the site of a new 35-story mixed-use residential tower, and today YIMBY has a first look at renderings for the project. Located between East 26th Street and East 27th Street, the building is designed by SLCE Architects. Minrav Development purchased the site from Continental Ventures and Itzhaki Acquisitions for $64 million. Plans call for a 388-foot tall, 145,000-square-foot structure yielding 100 apartments, averaging around 1,110 square feet apiece.
Permits have been filed for a 23-story office building at 141 Willoughby Street in Downtown Brooklyn. Located between Gold Street and Prince Street, the lot is one block north of the DeKalb Avenue subway station, serviced by the B, Q, and R trains. Gregory Jaffe of Savanna Fund is listed as the owner behind the applications.
Permits have been filed for a seven-story mixed-use building at 1544 Shakespeare Avenue in Morris Heights, The Bronx. Located between the Cross Bronx Expressway and Featherbed Lane, the corner lot is three blocks west of the Mt. Eden Avenue subway station, serviced by the 4 train. Highbridge Community Development Corporation is listed as the owner behind the applications.