Mixed-Use

PENN 2’s Cantilever LED Display Begins Testing at Two Penn Plaza in Midtown, Manhattan

Modernization work is shaping up on PENN 2, a 31-story commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves the replacement of the 412-foot-tall tower’s aging midcentury façade with a lighter glass curtain wall and the full gut renovation of its 1.61 million square feet of office space, as well as the construction of new pocketed corner terraces and a multistory cantilevering volume along Seventh Avenue. GMSLLP is the façade consultant and Turner Construction Company and Skanska are the contractors for the property, which is located between West 31st and West 33rd Streets within the Penn District revitalization master plan.

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City officials joined BFC Partners and Breaking Ground to celebrate New Yorkers moving into affordable homes at 1101 and 1089 President Street in Crown Heights, Brooklyn

Occupancy Begins at 1101 and 1089 President Street in Crown Heights, Brooklyn

Developers and city officials recently joined to celebrate the beginning of occupancy at 1101 and 1089 President Street in Crown Heights, Brooklyn. Developed in partnership by Breaking Ground and BFC Partners, the two-building complex once served as the historic Bedford Union Armory and now comprises 415 income-restricted rental units, a parking garage, and the 500,000-square-foot Major R. Owens Health and Wellness Community Center, a sprawling facility with large recreational spaces and offices for medical access and emotional counseling.

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Housing Lottery Launches for 1169 River Avenue in Concourse, The Bronx

The affordable housing lottery has launched for 1169 River Avenue, a 19-story mixed-use building in Concourse, The Bronx. Designed by Aufgang Architects and developed by Community Access, a NYC supportive housing and social service non-profit, the structure yields 245 residences. Available on NYC Housing Connect are 96 units for residents at 60 to 80 percent of the area median income (AMI), ranging in eligible income from $31,852 to $132,400.

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355 West 39th Street Nears Halfway Mark in Midtown West, Manhattan

Construction is rising on 355 West 39th Street, an 11-story residential building in Midtown West, Manhattan. Designed by Gilman Architects and developed by Man Hei Li under the 355 Hudson Yard LLC, the 115-foot-tall structure will yield 19,255 square feet with 26 rental units spread across 17,023 square feet, as well as 1,603 square feet of commercial space, 629 square feet for a community facility, and a cellar level. EFIN Management is the general contractor for the project, which is located near the northeast corner of Ninth Avenue and West 39th Street.

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