Downtown

LPC To Review Modification Proposal For 112–113 South Street In Financial District, Manhattan

A proposal has been submitted for review by the Landmarks Preservation Commission (LPC) to modify two adjoining buildings located at 112 and 113 South Street in Manhattan’s Financial District. The application seeks approval to add dormer windows to the front and rear roof slopes of both buildings. As documented by submitted materials, the project intends to expand habitable attic space within the existing structures. Each building currently stands four stories tall with an attic and includes three residential units and one commercial unit. The properties are located between Peck Slip and Beekman Street.

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Public Art Mural Debuts At 77 Water Street Construction Site In Financial District, Manhattan

ArtBridge and the Downtown Alliance have unveiled the first mural resulting from a new public art initiative aimed at enhancing construction sites across Lower Manhattan. The installation wraps around all four sides of 77 Water Street, a 26-story tower currently undergoing an office-to-residential conversion led by Vanbarton Group in the Financial District. The artwork, titled I See The Sky From The Other Side, was designed by award-winning artist Eirini Linardaki and spans 700 linear feet of construction fencing at the property, which is bounded by Gouverneur Lane, Old Slip, and Front Street.

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LPC To Review Proposal For 432 Hudson Street In West Village, Manhattan

The New York City Landmarks Preservation Commission (LPC) is set to review a proposal for restoration and alteration work at 432 Hudson Street, a four-story, four-unit residential building in West Village, Manhattan. Designed by Peter Pennoyer Architects, the project calls for the restoration of its front façade, replacement of the shopfront, rear yard modifications, and the construction of a rooftop bulkhead. The property is located between Morton Street and St. Lukes Place.

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75-83 Nassau Street Development Site Sold For $53 Million In Financial District, Manhattan

A development site at 75–83 Nassau Street in the Financial District has been sold for $53 million, with plans underway for a new mixed-use tower. JLL Capital Markets arranged the transaction on behalf of seller Lexin Capital and negotiated directly with the buyer, a joint venture between Fulltime Management and Montgomery Street Partners. The property is located between Fulton and John Streets.

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68 King Street. Image via Loopnet.com

Plans Announced for Residential Development at 68 King Street in Hudson Square, Manhattan

Avdoo has finalized its $63 million acquisition of 68 King Street, the site of a forthcoming residential building in Hudson Square, Manhattan. The developer secured the property with the help of a $40 million loan from Valley National Bank and is planning to construct a 200,000-plus-square-foot structure. The project would utilize more than 125,000 square feet of development rights, including air-rights deals and a transit improvement-related bonus. The property is located at the corner of King and Varick Streets.

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