Back in November of 2015, the expansion of the former three-story building at 139 Ludlow Street, on the Lower East Side, topped out at five stories, or 71 feet above street level. Bowery Boogie reports that the project is largely complete, now that the windows have been installed, exterior detailing has finished, and the scaffolding has been removed. The 16,500-square-foot commercial building, dubbed Ludlow House, will eventually house two restaurants and a members-only club, featuring event spaces, lounges, and screening rooms. Princeton Holdings is the developer and Lee Levine’s Hoboken, N.J-based Lee Levine Architects is the architect of record. Opening is expected within weeks, according The Lo-Down.
A combination of zoning and landmarking makes it tough to build office buildings in the Meatpacking District. Despite the hurdles, 860 Washington Street has taken shape at the corner of West 13th Street. YIMBY reader Tectonic recently stopped by the site, and today we have a look at the construction progress.
When YIMBY last reported on the 23-story, 120-unit mixed-use rental project at 56 Fulton Street, between Cliff and Gold streets in the Financial District, $61.75 million in financing had just been landed. That was back in December of 2014. Today, we can report actual construction progress. A photo sent to us by a reader shows the work being done, and that work has reached the second floor.
Uncertainty over the future of the 421-a tax abatement is driving developers to focus on condos and commercial projects, because rentals are hard to finance without the tax break. Yesterday’s crop of filings brought yet another application for a small commercial building in Lower Manhattan. Milwaukee restaurateur and former Soho bar owner Karl Kopp filed plans for a seven-story retail project at 277 Mott Street, between Houston and Prince Streets in Nolita.
Last year, we reported that New York City’s population had increased by 52,700 people between 2013 and 2014, hitting 8,491,079, and nearing what the city had previously projected for 2020. Today, the American Community Survey released updated data as of July 1st, 2015, showing another large increase of 55,211, putting the five boroughs’ population at 8,550,405 — just 502 people short of the official 2020 projection.