Downtown

Aerial view of 32 Avenue of the Americas - Rudin Management Company.

$425 Million Loan Secured For 32 Avenue Of The Americas In Tribeca, Manhattan

7:30 am on November 12, 2025 By Max Gillespie

Rudin Management Company has secured a multi-year extension on its $425 million CMBS loan for 32 Avenue of the Americas, a 27-story Art Deco tower in Tribeca, Manhattan. The extension allows for a maturity date of November 2029, contingent upon the exercise of two one-year renewal options in 2027 and 2028. As part of the agreement, Rudin will launch $100 million in capital improvements and leasing initiatives aimed at modernizing and enhancing the property, which is located between Lispenard and Walker Streets.

130 Lafayette Street. Designed by Marvel.

Construction Set to Begin At 130 Lafayette Street in Soho, Manhattan

8:00 am on November 10, 2025 By Michael Young and Matt Pruznick

Construction is set to commence at 130 Lafayette Street, the site of a 25-story residential building in Soho, Manhattan. Designed by Marvel and developed by Trammell Crow, the structure will yield 104 rental units and ground-floor retail space. A portion of the residential inventory will be dedicated to affordable housing. The property is located between Howard and Canal Streets.

Photograph of East River Park. Credit: Iwan Baan.

East Side Coastal Resiliency Project Opens First Phase At East River Park In Manhattan

7:30 am on November 4, 2025 By Max Gillespie

The first phase of the East Side Coastal Resiliency Project has officially opened at East River Park on Manhattan’s Lower East Side. The project features a series of interconnected, elevated parks spanning 2.25 miles along the East River waterfront that function as both public recreation areas and flood protection infrastructure. Led by the NYC Department of Design and Construction, the $1.45 billion initiative was designed by BIG–Bjarke Ingels Group in collaboration with Mathews Nielsen Landscape Architects, ONE Architecture & Urbanism, AKRF, and local residents.

66 Clinton Delivers Sanctuary Living to Manhattan’s Lower East Side

8:00 am on October 28, 2025 By Vanessa Londono

Offering a calm respite from the lively Lower East Side, 66 Clinton is a new boutique condominium building with serene, design-forward residences in Manhattan’s downtown neighborhood. Developed by Vault Development Partners together with TLM Equities and designed by architecture and interiors firm TalliTien, 66 Clinton houses twelve meticulously crafted homes, including a showstopping full-floor penthouse with private roof deck. The architecture of 66 Clinton offers contextual harmony with the streetscape of Clinton Street and textural restraint with Nordic influences from the brick façade to the limestone-clad lobby.

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Housing Lottery Launches for The East at 644 East 14th Street in Manhattan’s East Village

7:00 am on October 23, 2025 By Vanessa Londono

The affordable housing lottery has launched for The East, a 24-story residential building at 644 East 14th Street in East Village, Manhattan. Designed by Fischer + Makooi Architects and developed by Madison Realty Capital, the structure yields 196 residences. Available on NYC Housing Connect are 60 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $68,023 to $227,500.

The Village West at 525 Sixth Avenue. Designed by BKSK Architects.

The Village West Nears Completion at 525 Sixth Avenue in Manhattan’s West Village

8:00 am on October 20, 2025 By Michael Young and Matt Pruznick

Construction is nearing completion on The Village West, a 13-story residential building at 525 Sixth Avenue in Manhattan’s West Village. Designed by BKSK Architects and developed by Izaki Group, the 145-foot-tall structure will span 123,000 square feet and yield 68 condominium units and 2 units for ground-floor commercial space. The property is alternately addressed as 100-106 West 14th Street and located at the corner of West 14th Street and Sixth Avenue, just below the border with Chelsea.

Façade Installation Underway on 140 Jane Street in West Village, Manhattan

8:00 am on October 17, 2025 By Michael Young and Matt Pruznick

Façade installation is underway on 140 Jane Street, an 11-story residential building in Manhattan’s West Village. Designed by Leroy Street Studio and developed by Aurora Capital Associates, the 120-foot-tall structure will span 105,804 square feet and yield 15 condominium units. The project will also feature 200 square feet of ground-floor commercial space, a cellar level, a 30-foot-long rear yard, and 20 enclosed parking spaces. 134 Jane Street LLC is listed as the owner and BKSK Architects is the executive architect for the property, which is located at the corner of Jane and West Streets along the Hudson River waterfront.

5 West 13th Street. Photo by Michael Young.

Demolition Nears Completion for 538-Foot Skyscraper at 5 West 13th Street in Greenwich Village, Manhattan

8:00 am on October 16, 2025 By Michael Young and Matt Pruznick

Demolition is finishing up at 5 West 13th Street, the site of a 30-story residential skyscraper in Greenwich Village, Manhattan. Designed by Kohn Pedersen Fox and developed by Legion Investment Group and EJS Group, the 538-foot-tall structure will span 111,022 square feet and yield 36 condominium units with an average scope of 3,020 square feet. The project will also include 2,300 square feet of ground-floor retail space with two storefronts. The through-lot property is alternately addressed as 8–12 West 14th Street and located between West 13th and West 14th Streets near Fifth Avenue and Union Square.

59 Maiden Lane. Rendering courtesy of MdeAS Architects.

Renovations Underway on Home Insurance Plaza at 59 Maiden Lane in Financial District, Manhattan

7:30 am on October 6, 2025 By Michael Young and Matt Pruznick

Exterior renovation work is underway on Home Insurance Plaza, a 44-story office skyscraper at 59 Maiden Lane in Manhattan’s Financial District. Designed by MdeAS Architects and developed by AmTrust Realty Corp, the project involves a full window replacement and installation of new metal and porcelain cladding over the 630-foot-tall tower’s existing brick veneer. Additional work will include brick repointing, masonry crack repair, and upgrades to the plaza at its base. The property is located at the corner of Maiden Lane and William Street.

81 Franklin Street Sells For $30 Million In Tribeca, Manhattan

7:00 am on September 30, 2025 By Max Gillespie

Slate Property Group and Avenue Realty Capital have partnered to acquire 81 Franklin Street, a six-story residential building in Tribeca, Manhattan. The $30 million transaction adds 32,700 square feet to the firms’ growing New York City portfolios. The property is located between Broadway and Church Street.

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