Leasing has begun for 38 Greene Street, a landmarked cast iron office building in Soho. Located on the corner of Grand Street and Greene Street, the property recently received an upgrade at the hands of owner Zar Property and Workshop APD.
Hyundai Motor America has acquired a three-story commercial building at 500 West 14th Street in Manhattan’s Meatpacking District with plans to expand its presence in New York City. The existing building features a nondescript brick façade and occupies an entire wedge-shaped block.
Construction is nearing completion on 139 Bowery, a 14-story mixed-use residential building in the Bowery section of Manhattan’s Lower East Side. Designed by Raymond Chan Architects and developed by Global Joint Venture, the structure was last reported to yield 16 rental units as well as ground-floor retail space, a 550-square-foot medical facility, and office space spanning floors two through five. Mandarin Enterprises is the general contractor for the property, which is located on a relatively narrow plot between Broome and Grand Streets.
Yesterday at noon the long-awaited Perelman Performing Arts Center (PAC NYC) opened to the general public on the 16-acre World Trade Center site at 251 Fulton Street in the Financial District. Designed by REX with Davis Brody Bond Architects as the executive architect and developed by The Perelman, the 138-foot tall, 129,000-square-foot cubic structure features three flexible performance spaces: the 450-seat John E. Zuccotti Theater, the 250-seat Mike Nichols Theater, and the 99-seat Doris Duke Foundation Theater, all enclosed in a translucent book-matched marble façade. The $500 million property is bound by Vesey Street to the north, Fulton Street to the south, Greenwich Street to the east, and Skidmore Owings & Merrill‘s One World Trade Center to the west.
Construction is moving along on the South Battery Park City Resiliency Project (SBPCR), an integrated coastal flood risk management system at the southern tip of Battery Park City. Led by architect and engineer AECOM, the $221 million project involves the creation of an elevated landscaped waterfront esplanade spanning from the Museum of Jewish Heritage to Pier A Plaza, as well as the reconstruction of the Wagner Park Pavilion with a new design by Thomas Phifer and Partners. The SBPCR is one component of the 3.5-mile-long Lower Manhattan Coastal Resiliency (LMCR) master plan, which is engineered to reduce the risk of flood damage from storm events like Hurricane Sandy. Hugh L. Carey Battery Park City Authority is the owner and EW Howell Co. is the general contractor for the property, which is addressed on permits as 20 Battery Place.
