Downtown

Pearl House, City’s Largest Office-to-Residential Conversion, More Than Half Fully Leased

7:00 am on May 31, 2024 By Vanessa Londono

After opening its doors in late 2023, Pearl House has officially surpassed 50 percent leased. Located at 160 Water Street in the Financial District, the city’s largest office-to-residential conversion to date, yield 24 stories with 588 units and 30,000 square feet of amenities. Pearl House is designed by Gensler and developed by Vanbarton Group, a real estate development, investment, and advisory firm, with Compass Development Marketing Group handling leasing. Pricing for available units starts at $3,909 a month.

Permits Filed for 220 East 9th Street in Manhattan’s East Village

7:00 am on May 30, 2024 By Vanessa Londono

Permits have been filed to convert a five-story garage into a six-story residential building at 220 East 9th Street in Manhattan’s East Village neighborhood. Located between Second and Third Avenues, the lot is a short walk to the Astor Place subway station, served by the 6 train. Roger Bittenbender of Arcus Development is listed as the owner behind the applications.

New-to-Market Pricing and Residences Downtown at One Wall Street

8:00 am on May 29, 2024 By Vanessa Londono

One Wall Street recently revealed new residences and pricing in the Financial District’s most luxurious Art Deco skyscraper. The residential development is offering four percent commission, sponsor-paid transfer taxes and common charges for a limited time. Developed by Macklowe Properties, the 564-foot-tall tower is the largest office-to-residential conversion in the city with 566 prime residences, 100,000 square feet of amenities, and a Whole Foods and Lifetime Fitness health club in the base of the building.

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Photograph of One Manhattan Square, courtesy of M18 PR

Brooklyn Fare Grocery Opens at One Manhattan Square on Manhattan’s Lower East Side

6:30 am on May 21, 2024 By Max Gillespie

Brooklyn Fare Kitchen & Market has opened its newest location at the base of One Manhattan Square, an 80-story residential skyscraper at 225 Cherry Street on Manhattan’s Lower East Side. At 25,500 square feet, this is the largest location to date for the grocery store.

Foundations Underway At 126 Hester Street in Chinatown, Manhattan

7:00 am on May 14, 2024 By Michael Young

Foundations are progressing at 126 Hester Street, the site of a seven-story mixed-use building in Chinatown, Manhattan. Designed by Issac & Stern Architects and developed by Ruoxu You under the Fortune Assets LLC, the 70-foot-tall structure will span 14,427 square feet and yield eight condominium units with an average scope of 1,037 square feet, as well as 5,839 square feet of commercial space, 284 square feet of community facility space, and a cellar level. The property is located on an interior lot between Chrystie Street and Bowery.

185 Chrystie Street Tops Out on Manhattan’s Lower East Side

8:00 am on May 13, 2024 By Michael Young and Matt Pruznick

Construction has topped out on 185 Chrystie Street, a 17-story residential building on Manhattan’s Lower East Side. Designed by GF55 Partners and developed by Omnia Group and Naveh Shuster, the 175-foot-tall structure will span 75,000 square feet and yield 57 units and ground-floor retail space. The property is located between Stanton and Rivington Streets, directly across from Sara D. Roosevelt Park.

Foundations Underway at 270 East 2nd Street in Manhattan’s East Village

7:30 am on May 13, 2024 By Michael Young and Matt Pruznick

Foundation work is underway at 270 East 2nd Street, the site of a 12-story mixed-use building in Manhattan’s East Village. Designed by JCJ Architecture and developed by the non-profit Barrier Free Living, the 65,000-square-foot structure will yield 74 housing units and administrative offices for the organization, which provides both temporary and permanent housing for survivors of domestic violence with disabilities. 270 East 2nd Street Partners, LLC is listed as the owner for the $30 million project, which is located on an interior lot between Avenue C and D, directly across from Gustave Hartman Square.

280 East Houston Street Tops Out In Manhattan’s East Village

8:00 am on May 11, 2024 By Michael Young and Matt Pruznick

Construction has topped out on 280 East Houston Street, a 12-story residential building in Manhattan’s East Village. Designed by Hill West Architects and developed by SMA Equities, the structure will span 224,809 square feet and yield 157 apartments with an average scope of 1,324 square feet, as well as 12,000 square feet of ground-floor retail space and 1,300 square feet for a community facility. Whitehall Interiors is the interior designer for the project, which is located on an elongated trapezoidal interior lot between Avenue A and Avenue B. REAL New York is handling marketing and leasing for the project.

New Renderings Revealed for 75 Essex Street on Manhattan’s Lower East Side

8:00 am on May 4, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for 75 Essex Street, an upcoming 17-story mixed-use building on Manhattan’s Lower East Side. Designed by Studio C Architects and developed by Soft Stone Development Group, the project involves the restoration of an existing four-story structure and the construction of a 13-story addition above, and is planned to stand 162 feet tall and yield 27,355 square feet. The programming will include nine condominium units with an average scope of 1,592 square feet, 13,023 square feet of commercial space, and a cellar level. The property is located at the corner of Broome and Essex Streets.

120 Broadway, via Silverstein Properties

Ekimetrics Relocates US Headquarters to 120 Broadway in Manhattan’s Financial District

7:30 am on April 27, 2024 By Max Gillespie

Silverstein Properties has announced that Ekimetrics, a global technology company offering data science and AI-powered solutions, has signed a ten-year lease for 24,367 square feet at the landmarked Equitable Building, located at 120 Broadway in Manhattan’s Financial District. This move marks the relocation of Ekimetrics’ sole US office from 155 West 23rd Street to the historic skyscraper’s 29th floor.

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