Sunshine Cinema in the Lower East Side will soon be demolished to make room for a nine-story office building. Developers East End Capital and K Property Group have secured some $90 million in financing to fulfill their proposal at 141 East Houston Street. According to Crain’s Business, the development partners obtained a $67 million construction loan from CapitalSource and $19 million of mezzanine financing from Canyon Partners.
Permits have been filed for a seven-story mixed-use building at 321 Church Street in Tribeca, Manhattan. Located between Lispenard Street and Canal Street, the lot is one block from the Canal Street subway station on Broadway, serviced by the N, W, Q, and R trains. Peter Matera of Urban Standard Capital is listed as the owner behind the applications.
The first exterior curtain wall panels have been spotted on the western elevation of 77 Greenwich Street. The upcoming 42-story, mixed-use residential skyscraper is located in the Financial District and is being designed by FXCollaborative and developed by Trinity Place Holdings, with interior design by Deborah Berke Partners.
Work on One Beekman Street, aka “Pearl on the Park,” is another step closer to completion, as the dark-colored steel frame that will sit in between the floor-to-ceiling windows has begun to go up. This will accentuate the upcoming 25-story apartment building and lend it a more distinctive and detailed appearance. The project is being designed by Rogers Stirk Harbour + Partners while Urban Muse is the developer. There will be 31 units inside the 331-foot-tall tower with views overlooking City Hall Park. This will be Richard Rogers’ first residential project in New York City.
On their Instagram page, ODA Architecture recently released a new rendering for its upcoming mixed-use residential project at 208 Delancey Street. The site is located on the Lower East Side near the foot of the Williamsburg Bridge, between Pitt Street and Ridge Street on an L-shaped plot. Designers were forced to work around an existing five-story building on the corner of Delancey and Pitt, adding to the structure’s distinctive look. 208 Delancey Street is being developed by New Empire Real Estate Development while Shiming Tam Architect is serving as the architect of record. The closest subway is the F train at the Delancey Street subway station while access to the Williamsburg Bridge is only about five blocks away to the west.
