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Renovation Work Continues on Morgan Stanley HQ at 1585 Broadway in Times Square, Manhattan

8:00 am on February 26, 2025 By Michael Young and Matt Pruznick

Renovation work is progressing on 1585 Broadway, a 42-story office skyscraper in Times Square, Manhattan. Designed by Gensler, the project involves the re-cladding of the 685-foot-tall structure’s podium and refurbishments to the tower’s 1.3 million square feet of office space. The building was completed in 1990 and serves as Morgan Stanley’s global headquarters. The property is located between West 47th and 48th Streets.

Loan Restructuring Completed for Prince Building at 568 Broadway in SoHo, Manhattan

7:30 am on February 26, 2025 By Max Gillespie

Walker & Dunlop has arranged a $200 million construction loan restructuring for the Prince Building, a 12-story commercial building at 568 Broadway in Soho, Manhattan. Originally completed in 1897, the structure offers a mix of office and retail space. The loan restructuring was secured on behalf of Aurora Capital Associates, working alongside Walker & Dunlop’s New York Capital Markets team. The property is located at the corner of Prince Street and Broadway.

Housing Lottery Launches for 214-33 41st Avenue in Bayside, Queens

7:00 am on February 26, 2025 By Vanessa Londono

The affordable housing lottery has launched for 214-33 41st Avenue, a four-story mixed-use building in Bayside, Queens. Designed by Gerald Caliendo Architects and developed by ADC Builders and Developers, the structure yields 15 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $109,715 to $218,010.

Permits Filed for 21-05 Birdsall Avenue in Far Rockaway, Queens

6:30 am on February 26, 2025 By Vanessa Londono

Permits have been filed for a four-story residential building at 21-05 Birdsall Avenue in Far Rockaway, Queens. Located at the intersection of Redfern Avenue and Birdsall Avenue, the corner lot is near the Far Rockaway-Mott Avenue subway station, served by the A train. Newday Management is listed as the owner behind the applications.

Excavation Begins for 570 Fifth Avenue Skyscraper in Midtown, Manhattan

8:00 am on February 25, 2025 By Michael Young and Matt Pruznick

Excavation is underway at 570 Fifth Avenue, the site of a 29-story office skyscraper on the eastern edge of the Diamond District in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Extell Development, the 567-foot-tall structure will yield 637,312 square feet of Class A office space. The building will also contain retail space on floors one and two, an 80,000-square-foot flagship store for IKEA on the first two cellar levels, and a gym, swimming pool, basketball court, and juice bar on the third and fourth below-grade stories. The property is located between West 46th and 47th Streets.

Work Continues on 100 South 9th Street in Williamsburg, Brooklyn

7:30 am on February 25, 2025 By Michael Young and Matt Pruznick

Exterior work is progressing on 100 South 9th Street, a six-story residential building in Williamsburg, Brooklyn. Designed by Archimaera Architecture for Michael Weitzman of Spearhead Contracting, the 32,999-square-foot project involves the partial demolition and repurposing of the Epiphany RC Church and will yield 45 rental units with an average scope of 733 square feet. The development will also include a 15-foot-long rear yard and seven enclosed parking spots in the cellar level. The property is located between South 9th and 10th Streets.

LPC To Review Proposal For Modifications to 186 8th Avenue In Park Slope, Brooklyn

7:00 am on February 25, 2025 By Max Gillespie

The New York City Landmarks Preservation Commission (LPC) is set to review a proposal for modifications to 186 8th Avenue, a three-story, two-unit townhome in Park Slope, Brooklyn. The proposal seeks approval for modifications to the building’s rear façade, including a two-story full-width extension and updates to materials and fenestration. The property is located between Garfield Place and 1st Street.

Housing Lottery Launches for 927 Atlantic Avenue in Clinton Hill, Brooklyn

6:30 am on February 25, 2025 By Vanessa Londono

The affordable housing lottery has launched for The Danielle, a seven-story residential building at 927 Atlantic Avenue in Clinton Hill, Brooklyn. Designed by Roart and developed by Skyway Equities, the structure yields 21 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $114,172 to $250,380.

Two-Tower Development Rises Higher at 80 Clarkson Street in West Village, Manhattan

8:00 am on February 24, 2025 By Michael Young and Matt Pruznick

Construction is rising on 80 Clarkson Street, a two-tower residential complex along the Hudson River waterfront in Manhattan’s West Village. Designed by COOKFOX Architects and SLCE Architects and developed by Zeckendorf Development, Atlas Capital Group, and the Baupost Group, the project consists of 37- and 45-story structures standing 400 and 450 feet tall, respectively. The $1.25 billion development will span approximately 650,000 square feet and yield 100 condominium units, nearly 37,000 square feet of ground-floor retail space, and enclosed parking for 69 vehicles. The property is bound by Clarkson Street to the north, West Houston Street to the south, the 17-story 570 Washington Street to the east, and West Street to the west.

Review Process Underway for 143-151 Woodworth Avenue in Yonkers, New York

7:30 am on February 24, 2025 By Michael Young and Matt Pruznick

A proposed two-tower residential development may soon become a reality at 143-151 Woodworth Avenue in Yonkers, New York. Designed by INOA Architecture and developed by TCP Realty LLC, the proposed complex recently went through the Zoning Board of Appeals last Wednesday evening at Yonkers City Hall, and is currently under review. The master plan calls for two 32-story structures standing 372 feet tall and yielding approximately 672 units. The site is located along Woodworth Avenue on an interior lot between Lamartine Avenue to the north and Babcock Place to the south.

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