Residential

160 Water Street’s Residential Conversion and Expansion Progresses in Financial District, Manhattan

Work is progressing on 160 Water Street, a 29-story office-to-residential conversion and expansion in Manhattan’s Financial District. Designed by Gensler and developed by Vanbarton Group, the project involves the construction of five 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. The overhaul, which is being carried out with a $272.5 million loan from Brookfield Real Estate Financial Partners arranged by Cushman & Wakefield, will also include upgrades to building infrastructure, renovated lobby and common spaces, and the construction of a suite of amenity spaces. Collaborative Construction Management is the general contractor for the property, which is located at the corner of Water and Fletcher Streets.

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Exterior rendering of 66 Clinton Street

66 Clinton Street Nears Completion on Manhattan’s Lower East Side

Construction is nearing completion on 66 Clinton Street, a seven-story residential building on Manhattan’s Lower East Side. Designed by C3d Architecture and developed by Vault Development Partners and TLM Equities, which closed on a $20.1 million construction loan to finish the project, the 23,000-square-foot structure will yield 12 condominium units designed by TalliTien with sales and marketing led by Douglas Elliman Development Marketing. Borough Construction Group is the general contractor for the property, which is located between Stanton and Rivington Streets.

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Rendering of The Peninsula affordable housing campus - WXY Architecture + Urban Design

Developers Secure $297M to Complete Phase Two of The Peninsula Affordable Housing Complex in Hunts Point, The Bronx

Gilbane Development Company, Hudson Companies, and MHANY Management have secured $297 million to complete phase two of The Peninsula, a mixed-use, 100-percent affordable housing complex in Hunts Point, The Bronx. The five-building master plan is being designed by WXY Architecture + Urban Design and Body Lawson Associates, Architects & Planners and will be delivered in three phases.

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Rendering of 400-420 Marin Boulevard

Excavation Begins for 60-Story Mixed-Use Skyscraper at 420 Marin Boulevard in Jersey City

Construction has broken ground at 420 Marin Boulevard, the site of a 1.3-million-square-foot mixed-use residential skyscraper in Jersey City. Designed by Beyer Blinder Belle and developed by Brookfield Properties and G&S Investors, the project is also known as Phase II in the Hudson Exchange master-planned development that will yield more than 6 million square feet.

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