Newmark has arranged a $535.8 million loan to support a 22-story office-to-residential conversion project at 25 Water Street in Manhattan’s Financial District. The joint venture behind the project includes GFP Real Estate, Metro Loft Management, and Rockwood Capital.
Foundation work is continuing at 600 West 125th Street, a 34-story tower on Columbia University‘s Manhattanville campus. Designed by Renzo Piano Building Workshop and CetraRuddy Architecture and developed by the Trustees of Columbia University, the 391-foot-tall structure will span 175,000 square feet and yield 142 residences for graduate students and faculty, and 5,000 square feet of retail space. LERA is the structural engineer, Thornton Tomasetti is the façade consultant, and Pavarini McGovern is the general contractor for the property, which is located at the corner of Broadway and West 125th Street, adjacent to the elevated 125th Street 1 train station.
Construction has topped out on Maven, a 27-story mixed-use tower at 2413 Third Avenue in the Mott Haven section of the South Bronx. Designed by CetraRuddy and developed by RXR Realty, the structure will yield 145,643 square feet with 200 rental units, including 60 rent-stabilized units for middle-income households, as well as a small retail volume on the ground floor and a parking garage equipped with electric vehicle charging stations.
Excavation is progressing at 200 East 20th Street, the site of a 19-story residential building in the Gramercy Park section of Manhattan. Designed by CetraRuddy and developed by Glacier Global Partners, the 210-foot-tall structure will yield 82,800 square feet with 52 condominium units spread across 65,500 square feet and 2,730 square feet of retail space. CM & Associates Construction Management is the general contractor for the property, which is located at the corner of East 20th Street and Third Avenue.
Foundation work is progressing at 600 West 125th Street, the site of a 34-story tower on Columbia University‘s Manhattanville campus. Designed by Renzo Piano Building Workshop with CetraRuddy Architecture as the executive architect and developed by the Trustees of Columbia University, the 391-foot-tall structure will yield 175,000 square feet with 141,565 square feet of community facility space, 5,000 square feet of commercial space, and 142 residences for graduate students and faculty. Pavarini Govern is the general contractor and LERA is the structural engineer for the property, which is located at the corner of West 125th Street and Broadway, adjacent to the elevated 125th Street 1 train station. Thornton Tomasetti is serving as the facade consultant.
