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Rendering Revealed For Former Pfizer HQ’s Residential Conversion at 219-229 East 42nd Street in Midtown East, Manhattan

8:00 am on February 3, 2025 By Michael Young and Matt Pruznick

A rendering has been revealed for the office-to-residential conversion of the former Pfizer headquarters at 229 East 42nd Street and the adjoining ten-story tower annex at 219 East 42nd Street in Midtown East, Manhattan. Designed by Gensler and developed by Metro Loft Development LLC and David Werner Real Estate Investments, the project will involve the gut renovation of the 33-story structure and full re-cladding of its mid-century façade, as well as the construction of 19 new floors above the annex. The conversion will yield 1,600 rental apartments, with 25 percent reserved for affordable housing, as well as ground-floor retail space and 100,000 square feet of amenities. The property is located at the northwestern corner of East 42nd Street and Second Avenue.

498 Humboldt Street Nears Completion in Williamsburg, Brooklyn

7:30 am on February 3, 2025 By Michael Young and Matt Pruznick

Construction is nearing completion on 498 Humboldt Street, a four-story residential building in Williamsburg, Brooklyn. Designed by Design Studio Associates and developed by Investment Property Realty Group, the 4,488-square-foot structure will yield two condominium units. The property owner 498 Humboldt LLC purchased the plot for $1.9 million in November 2023. The site is located between Herbert Street to the north and Richardson Street to the south.

Photograph of 505 State Street in Downtown Brooklyn. Credit: Pavel Bendov

505 State Street Becomes First Residential Development In New York City To Be Fully Powered By Off-site Solar Energy

7:00 am on February 3, 2025 By Max Gillespie

505 State Street, a 44-story residential tower in Downtown Brooklyn, recently became the first residential development in New York City to be fully powered by off-site solar power. Designed and developed by Alloy, the 482-foot-tall tower yields 441 rental apartments, including 45 affordable units, and is part of the broader Alloy Block mixed-use project integrating residential, office, and retail spaces.

Permits Filed for 62 North 1st Street in Williamsburg, Brooklyn

6:30 am on February 3, 2025 By Vanessa Londono

Permits have been filed for a nine-story residential building at 62 North 1st Street in Williamsburg, Brooklyn. Located between Wythe Avenue and Kent Avenue, the lot is closest to the Bedford Avenue subway station, served by the L train. Bruklyn Builders is listed as the owner behind the applications.

One High Line’s Public Plaza Nears Completion in Chelsea, Manhattan

8:00 am on February 2, 2025 By Michael Young

Construction on the new landscaped public plaza and ground-floor retail space is almost finished at One High Line, a two-tower residential development at 500 West 18th Street in Chelsea, Manhattan. Designed by Diller Scofidio + Renfro, and Field Operations in a private-public partnership between the City of New York and Friends of the High Line, the outdoor and commercial space sit to the east of the twisting pair of 36- and 26-story structures that were separately designed by Bjarke Ingels Group for Witkoff Group and Access Industries. The entire complex spans around 900,000 square feet with 236 condominium units in one- to five-bedroom layouts, as well as an upcoming hotel component that will be operated by Faena Hotel. The property is alternately addressed as 76 Eleventh Avenue and stands adjacent to the High Line on a trapezoidal plot bound by West 18th Street to the north, West 17th Street to the south, Tenth Avenue to the east, and West Street to the west.

Construction Imminent at 402-404 Manhattan Avenue in Williamsburg, Brooklyn

7:30 am on February 2, 2025 By Michael Young

Construction is set to commence at 402-404 Manhattan Avenue, the site of a six-story residential building in Williamsburg, Brooklyn. Designed by Design Studio Associates and developed by Poise Property Group, the 60-foot-tall structure will span 12,710 square feet and yield nine condominium units with an average scope of 1,291 square feet, as well as 1,090 square feet of community facility space, a 30-foot-long rear yard, and six open parking spaces. The 11,000-square-foot property is located by the corner of Manhattan Avenue and Frost Street.

LPC To Review Proposal For Renovation At 138 Joralemon Street In Brooklyn Heights, Brooklyn

7:00 am on February 2, 2025 By Max Gillespie

A proposal has been submitted to the New York City Landmarks Preservation Commission (LPC) seeking to legalize previously installed windows at 138 Joralemon Street, an 11-unit brownstone in Brooklyn Heights, Brooklyn. Built in 1855, the Anglo-Italianate-style building underwent window replacements without prior LPC approval. The application is scheduled for review on February 4.

Permits Filed for 11-08 Main Avenue in Astoria, Queens

6:30 am on February 2, 2025 By Vanessa Londono

Permits have been filed for a five-story mixed-use building at 11-08 Main Avenue in Astoria, Queens. Located between 30th Avenue and Astoria Boulevard, the lot is closest to the 30th Avenue subway station, served by the N and W trains. Indra Fouche of All American School Bus Corp. is listed as the owner behind the applications.

New Renderings Revealed for SoMA Office-To-Residential Conversion At 25 Water Street in Financial District, Manhattan

8:00 am on February 1, 2025 By Michael Young

New renderings have been revealed for SoMA, the largest office-to-residential conversion in the Unites States at 25 Water Street in Lower Manhattan’s Financial District. Designed by CetraRuddy and developed by GFP Real Estate, Metro Loft Management, and Rockwood Capital, the project involves the replacement of the building’s brick façade with a modern fenestration featuring more expansive windows, a gut renovation of its 1.1 million square feet of interiors, and the construction of ten new stories above its former parapet. The overhaul will yield 1,300 apartments, making it the largest conversion in the country by unit count, surpassing the 566-unit redevelopment of One Wall Street a few streets to the north. The building will also feature approximately 100,000 square feet of amenities. Pavarini McGovern is the general contractor for the property, which is bound by Water Street to the north, 2 New York Plaza to the south, the New York Vietnam Veterans Memorial to the east, and Broad Street to the west. The name SoMA pays homage to the building’s location in South Manhattan, sitting at the southernmost tip of Manhattan at the nexus of Fidi, Battery Park and the Seaport District.

132-134 East 64th Street, via Google Maps

Renovation Proposed for 132-134 East 64th Street on Manhattan’s Upper East Side

7:30 am on February 1, 2025 By Max Gillespie

The New York City Landmarks Preservation Commission (LPC) is set to review a proposal for modifications to 132-134 East 64th Street, two adjacent townhouses on Manhattan’s Upper East Side. Prepared by JPD Engineering, the proposal outlines plans for alterations to the building’s front façade, as well as additions to its rooftop and rear. The property is located between Lexington and Park Avenues.

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