Permits Filed for 219 East 42nd Street in Midtown East, Manhattan

Permits have been filed to expand a ten-story structure into a 29-story mixed-use building at 219 East 42nd Street in Midtown East, Manhattan. Located between Second and Third Avenues, the former Pfizer headquarters is a short walk east of the Grand Central-42nd Street subway station, serviced by the 4, 5, 6, and 7 trains. Metro Loft is listed as the owner behind the applications and has plans to convert the commercial buildings into 1,500 apartments.

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125 West 57th Street’s Curtain Wall Progresses in Midtown, Manhattan

Façade installation is moving along on 125 West 57th Street, a 26-story commercial building on Billionaires’ Row in MidtownManhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Cain International, the 420-foot-tall structure will yield 260,000 square feet with 185,000 square feet of full-floor Class A office space, a dedicated amenities floor designed by Gensler, 7,000 square feet of retail space, and a new home for the Calvary Baptist Church, which has operated on the site since 1883 and sold the property to the developers for $150 million in 2017. The property is located on an interior lot between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects111 West 57th Street.

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Pearl House, City’s Largest Office-to-Residential Conversion, More Than Half Fully Leased

After opening its doors in late 2023, Pearl House has officially surpassed 50 percent leased. Located at 160 Water Street in the Financial District, the city’s largest office-to-residential conversion to date, yield 24 stories with 588 units and 30,000 square feet of amenities. Pearl House is designed by Gensler and developed by Vanbarton Group, a real estate development, investment, and advisory firm, with Compass Development Marketing Group handling leasing. Pricing for available units starts at $3,909 a month.

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Rendering of sky terrace at Pearl House, by Williams New York

Pearl House Expansion Nears Completion At 160 Water Street in Financial District, Manhattan 

Construction is nearing completion on Pearl House, a 29-story office-to-residential conversion at 160 Water Street in the Financial District of Lower Manhattan. Designed by Gensler and developed by Vanbarton Group, the project involves the addition of three floors atop the parapet of the 24-story structure and the conversion of its 525,000 square feet of office space to yield 588 rental units in studio to two-bedroom layouts, as well as a suite of amenities. Compass Development Marketing Group is the exclusive leasing and marketing partner for the property, which is bound by Pearl, Water, and Fletcher Streets.

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Google Opens St. John’s Terminal Headquarters at 550 Washington Street in Hudson Square, Manhattan

Google held a ribbon cutting ceremony Wednesday to celebrate the opening of its New York headquarters in the expanded 1.3-million-square-foot St. John’s Terminal building at 550 Washington Street in Hudson Square, Manhattan. Designed by COOKFOX Architects and developed by Oxford Properties, the 12-story project involved the adaptive reuse of a 90-year-old former freight terminal, and serves as the centerpiece of the 1.7-million-square-foot Googleplex master plan along with 315 Hudson Street and 345 Hudson Street. Gensler was the interior designer, Future Green Studio Corp. was the landscape designer, Gilsanz Murray Steficek LLP was the structural engineer, and Structure Tone and Turner Construction were joint general contractors for the structure, which stands 232 feet tall and spans two full city blocks bound by West Street, West Houston Street, Washington Street, and the New York Department of Sanitation building.

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