Construction Update

One Wall Street’s Residential Conversion and Addition Continues in the Financial District

Work is progressing on the residential conversion and retail addition on the 90-year-old One Wall Street in the Financial District. Designed by SLCE Architects and developed by Macklowe Properties, the projected $1.5 billion undertaking is poised to be the largest office-to-condominium conversion in New York City history. When complete, the 654-foot-tall property will yield a total of 566 residential units with sales handled and marketed by Compass, as well as a 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels.

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First Marble Panels Installed on Santiago Calatrava’s St. Nicholas Greek Orthodox Church in the Financial District

The first marble slabs have begun installation on the curved central wall of Santiago Calatrava‘s St. Nicholas Greek Orthodox Church in the Financial District. Located by the intersection of Greenwich Street and Liberty Street on the elevated Liberty Park, the structure will serve as the new home for the long-established church that was formerly located to the west of the park’s footprint at 155 Cedar Street. The Port Authority of New York and New Jersey is developing the project, which sits directly to the south of the original 16-acre World Trade Center complex and rests above the subterranean ramps and southern entrance to the Vehicle Security Center.

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11 Hoyt Street’s Exterior Reaches Completion in Downtown Brooklyn

The finishing touches are going up on 11 Hoyt Street, a 620-foot-tall residential skyscraper in Downtown Brooklyn. Developed by Tishman Speyer and designed by Jeanne Gang of Studio Gang with Hill West Architects as the architect of record, the exterior of the 57-story project now appears complete, with all of its elegantly sculpted façade panels installed. Michaelis Boyd Associates is leading the interior design for the property’s 481 residential units, which will come in a total of 190 different layouts, and Edmund Hollander of Hollander Design is in charge of landscaping for the private outdoor green spaces. Corcoran Sunshine Marketing Group is leading the sales and marketing for the Brooklyn residences.

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18 Sixth Avenue’s Glass Façade Installation Continues in Prospect Heights, Brooklyn

Façade work is progressing quickly on 18 Sixth Avenue, a 49-story residential skyscraper in Prospect Heights, Brooklyn. Designed by Perkins Eastman and developed by The Brodsky Organization and Greenland Forest City Partners, the 532-foot-tall, 740,000-square-foot building will yield 858 rental units, of which 258 will be dedicated to affordable housing. The property sits directly adjacent to Barclays Center and is bound by Atlantic Avenue to the north and the corner of Sixth Avenue and Pacific Street to the east. 18 Sixth Avenue is the tallest building in the 22-acre Pacific Park master plan and will eventually be joined by a corridor of future buildings running down Atlantic Avenue over the train tracks to the east.

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37 Sixth Avenue’s Brick Façade Nears Completion in Prospect Heights, Brooklyn

Exterior work is nearing completion on 37 Sixth Avenue, a 26-story residential building in Prospect HeightsBrooklyn. Alternately addressed as 495 Dean Street and 664 Pacific Street, the 343,788-square-foot structure is designed by Marvel Architects and The Brodsky Organization and will add 323 rental units to the Pacific Park complex. The rectangular property is located between Dean Street and Pacific Street.

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