Construction Update

Tree Planting Begins at Gansevoort Peninsula Park on the West Village Waterfront, Manhattan

Tree planting has begun as landscaping work progresses on Gansevoort Peninsula Park, a 5.5-acre public recreational space along the Hudson River waterfront off the West Village. Designed by James Corner Field Operations and commissioned by the Hudson River Park Trust, the park will feature a soccer field surrounded by numerous pathways, stepped seating, a children’s playground, kayak slips, a salt marsh, a dog run, viewing platforms, and Manhattan’s first public sandy beach.

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Magnolia DUMBO Celebrates Grand Opening at 160 Front Street In DUMBO, Brooklyn

Developers recently celebrated the grand opening of Magnolia DUMBO, a 21-story residential building at 160 Front Street in DUMBOBrooklyn. Designed by Morris Adjmi Architects and developed by RXR Realty, the structure yields 320 rental apartments with marketing led by Douglas Elliman Development Marketing Group. New Line Structures served as the general contractor for the property, which is situated on a full block bound by Front Street to the north, York Street to the south, Bridge Street to the east, and Jay Street to the west.

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Excavation Begins at 403 East 79th Street on Manhattan’s Upper East Side

Excavation is underway at 403 East 79th Street, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell Development Company, the structure will yield 400,000 square feet of Class A space, with the Hospital for Special Surgery as the anchor tenant, occupying 200,000 square feet across the first eight levels. Ancora Engineering is the engineer of record and Lendlease is the general contractor for the property, which is alternatively addressed as 1522 First Avenue and is located along First Avenue between East 79th and East 80th Streets.

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130 William Street Wraps Up Construction in Financial District, Manhattan

Construction is coming to a close on 130 William Street, a 66-story residential skyscraper in the Financial District. Designed by David Adjaye of Adjaye Associates and developed by Lightstone, the 800-foot-tall structure yields 242 units marketed by Corcoran Sunshine, with prices ranging from $1,300,000 for a one-bedroom apartment to $20,000,000 for a four-bedroom, full-floor penthouse. Hill West Architects served as architect of record for the property, which is bound by William, Fulton, and Gold Streets. Occupancy has already begun as finishing touches wrap up on the exterior.

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One High Line Resumes Exterior Work at 76 Eleventh Avenue in Chelsea, Manhattan

Exterior work has resumed on One High Line, a pair of 26- and 36-story mixed-use towers at 76 Eleventh Avenue in the Midtown, Manhattan neighborhood of Chelsea. Designed by Bjarke Ingels Group and developed by Witkoff Group, the 900,000-square-foot complex will yield 236 condominium units, 137 hotel rooms, 85,000 square feet of retail space, and a public plaza. Steve Witkoff purchased the property, formerly known as The XI, in a foreclosure sale for $900 million and partnered with Access Industries and Monroe Capital to complete the stalled project. Gilles & Boissier and Gabellini Sheppard Associates are the interior designers and Corcoran Sunshine Marketing Group is handling sales and marketing for the High Line-adjacent property, which is bound by Tenth Avenue to the east, West Street to the west, West 17th Street to the south, and West 18th Street to the north.

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