Construction is rising on 124 East 86th Street, a 20-story residential building on Manhattan’s Upper East Side. Designed by Igor Zaslavskiy of Zproekt Architects and developed by Rybak Development under the 126 East 86th Street Development LLC, the 210-foot-tall structure will yield 76,414 square feet, with 32 condominium units spread across 62,370 square feet and 1,519 square feet of commercial space. Rybak is also serving as the general contractor for the property, which is located on a narrow rectangular plot between Lexington and Park Avenues.
Ginsburg Development has unveiled more than 300,000 square feet of Class A office space at City Square, a sprawling mixed-use property at 50 Main Street in Downtown White Plains. In addition to office space, the property also features residential units, retail, restaurants, and a parking garage.
Permits have been filed for a six-story mixed-use building at 866 51st Street in Sunset Park, Brooklyn. Located between Eighth and Ninth Avenues, the lot is near the Fort Hamilton Parkway subway station, serviced by the D train. Yudi Huang under the Family Dong 168 LLC is listed as the owner behind the applications.
Work is nearing completion on One Wall Street, a 564-foot-tall Art Deco skyscraper in the Financial District. Designed by SLCE Architects and developed by Macklowe Properties, the $1.5 billion venture is the largest office-to-residential conversion in New York City history and will yield 566 condominiums as well as a 44,000-square-foot Whole Foods Market and a four-floor, 75,000-square-foot Life Time fitness center on the lower levels. The project also involved the construction of a multi-story expansion above the mid-century annex to the 91-year-old structure. Compass Development Marketing Group is handling sales and marketing with a gallery located within the famous Red Room. JT Magen is the general contractor for the property, which is bound by Broadway to the west, Wall Street to the north, Exchange Place to the south, and New Street to the east.
Construction is now topped out at One Grove, a new 12-story residential property in Jersey City. Located at 221 Grove Street in the city’s Liberty Harbor neighborhood, One Grove is the latest project from Strategic Capital, the real estate investment and development platform of China Construction America.