Construction on the Lower East Side’s first legitimate skyscraper continues apace. When YIMBY last looked at 252 South Street, i.e. One Manhattan Square, the superstructure had reached its 80th floor, with topping-out officially occurring last September. Now, only a dozen floors of cladding remain before its exterior is complete. Extell Development is responsible for development, with Lendlease responsible for construction.
Construction at 196 Orchard Street on the Lower East Side of Manhattan has reached a new milestone, with the installation of the building’s glazed-brick façade nearing completion. The 11-story residential building stands above Houston Street, beside Katz Delicatessen. It reaches a height of 120 feet, thanks to the purchase of air rights from the deli.
Construction is moving along quickly for two new towers on City Hall Park. The park is one of just three major public outdoor areas in the Financial District, making any development around it particularly important. The buildings photographed for this article are 25 Park Row and 1 Beekman Street, which will add a combined 142 new condominiums and nearly 67,000 square feet of commercial space to the neighborhood.
The recently completed office-to-residential conversion of 180 Water Street has officially leased 95% of its residential units. Located in the Financial District, the Metro Loft-developed property only has 25 vacant apartments remaining.
Construction at 150 Rivington Street on Manhattan’s Lower East Side has moved along quickly. YIMBY last reported on the site’s progress in January, when the structure was just two stories high. Now, the building has topped-out, at seven stories. Cogswell Lee Development is responsible for the project, which replaces the former Streitz Matzo Factory.