Manhattan’s historic Emigrant Industrial Savings Bank will be reborn as Hall des Lumières, a permanent center for immersive art exhibitions and cultural events. Located at 49-51 Chambers Street in Civic Center, Manhattan proposals to transform the building’s ground floor were subject to review by the Landmark Preservation Commission and approved last August.
DAB Investments recently completed a top-down restoration and condominium conversion at 51 White Street, an 1850s-era cast-iron building in Manhattan’s Tribeca Historic District. Scope of work included a commercial-to-residential conversion, an extensive façade restoration, a new mezzanine level, and a two-level expansion above the fifth floor.
Rose Associates recently closed on $182 million in construction financing to redevelop an existing 13-story office property for residential and retail use. The property is located at 440 Hamilton Avenue in White Plains, New York and will eventually comprise 255 apartments and 3,400 square feet of ground-floor retail.
AvalonBay Communities has partnered with Atria Senior Living and Welltower to complete a $300 million mixed-use community in New Jersey’s West Windsor Township. The community is taking shape near the Princeton Junction Amtrak train station and will comprise mixed-income, age-restricted, and market-rate housing in addition to retail, a public promenade, and a mix of enclosed and surface-level parking.
The Landmarks Preservation Commission will again review proposals to partially renovate the ground floor of the historic Emigrant Industrial Savings Bank. The building is located at 49-51 Chambers Street in the Civic Center and could eventually house an immersive digital museum and gallery with rotating exhibitions.