Downtown

1 Park Row Rises Above Street Level in Financial District, Manhattan

8:00 am on May 13, 2023 By Michael Young and Matt Pruznick

Construction is rising above street level on 1 Park Row, a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will yield 103,000 square feet with 58 condominium units in one- to three-bedroom layouts, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street.

Excavation Begins for Two-Tower Project at 570 Washington Street in West Village, Manhattan

8:00 am on May 8, 2023 By Michael Young and Matt Pruznick

Excavation and pilings are underway at 570 Washington Street, the site of a two-tower residential project in Manhattan’s West Village. Designed by COOKFOX Architects with SLCE Architects as the architect of record and developed by Zeckendorf Development, Atlas Capital, and The Baupost Group, the $1.25 billion complex will consist of 29- and 36-story towers rising 400 and 450 feet, respectively, and will yield an undisclosed number of condominium units and commercial space. ACI VI Clarkson LLC is the owner and AECOM Tishman is the general contractor for the property, which occupies a 1.3-acre block bound by Clarkson Street to the north, West Houston Street to the south, Washington Street to the east, and West Street to the west. The developers acquired the plot for $340 million in early 2022 and have projected a $1 billion sellout on the homes.

KPF’s 64 University Place Progresses in Greenwich Village, Manhattan

8:00 am on May 7, 2023 By Michael Young and Matt Pruznick

Construction is progressing on 64 University Place, an 11-story residential building in Greenwich Village, Manhattan. Designed by Kohn Pedersen Fox and developed by Bsafal, the 125-foot-tall structure will span 55,000 square feet and yield 28 condominium units with sales and marketing led by Fredrik Eklund and John Gomes of the The Eklund ǀ Gomes Team at Douglas Elliman Real Estate, as well as a community facility and ground-floor retail space. SPACE Copenhagen is the interior designer, Deborah Nevins is the landscape designer, and CNY Group is the general contractor for the property, which is located between East 10th and East 11th Streets.

Rendering of 14-16 Fifth Avenue; Front elevation - Robert A.M. Stern Architects, Madison Realty Capital

Foundation Work Continues at 14 Fifth Avenue in Greenwich Village, Manhattan

7:30 am on May 7, 2023 By Michael Young and Matt Pruznick

Foundation work is continuing at 14 Fifth Avenue, the site of a 19-story residential building in Greenwich Village, Manhattan. Designed by Robert A.M. Stern Architects and Hill West Architects and developed by Madison Realty Capital, which purchased the 5,255-square-foot plot for $27.5 million in 2015, the 241-foot-tall structure will yield 20 condominiums. CM & Associates is the general contractor for the property, which is located between East 8th and East 9th Streets, just north of Washington Square Park.

Rendering of 555 Greenwich Street - COOKFOX Architects

555 Greenwich Nears Completion in Hudson Square, Manhattan

8:00 am on April 26, 2023 By Michael Young

Exterior work nears completion on 555 Greenwich, a 16-story commercial building in Hudson Square. Designed by COOKFOX Architects and developed by Hudson Square Properties, a joint venture by Trinity Church Wall Street, Hines, and Norges Bank Investment Management, the 270,000-square-foot structure connects to the adjacent 345 Hudson Street via a horizontal overbuild to yield a combined 715,000 square feet of office space. Tishman Construction is the general contractor for the property, which is bound by King Street to the north, Charlton Street to the south, and Greenwich Street to the west.

Developers Secure $20M Loan to Complete 66 Clinton Condominiums on the Lower East Side of Manhattan

7:30 am on April 21, 2023 By Sebastian Morris

Vault Development Partners and TLM Equities have closed on a $20.1 million construction loan to complete a condominium development on Manhattan’s Lower East Side. Located at 66 Clinton Street, the building will top out at seven stories and eventually contain 12 apartments and a collection of amenity spaces.

Finishing Touches Underway on Google Headquarters at 550 Washington Street in Hudson Square, Manhattan

8:00 am on April 19, 2023 By Michael Young

Finishing touches are wrapping up on Google’s new 12-story headquarters at 550 Washington Street in Hudson Square. Designed by COOKFOX Architects and developed by Oxford Properties, the 1.3-million-square-foot project involved the restoration and 232-foot vertical expansion of the St. John’s Terminal building along the Hudson River waterfront. The structure will serve as the centerpiece of the sprawling 1.7-million-square-foot “Googleplex” master plan along with 315 Hudson Street and 345 Hudson Street. Gensler is the interior designer and Turner Construction was the general contractor for the property, which spans two full city blocks between West Street, West Houston Street, Washington Street, and the New York Department of Sanitation building to the south.

Disney Headquarters Terracotta Façade Nears Completion at Four Hudson Square in Hudson Square, Manhattan

8:00 am on April 18, 2023 By Michael Young

Façade installation nears completion on The Walt Disney Company’s new headquarters, a 22-story building at Four Hudson Square in Hudson Square, Manhattan. Designed by Skidmore, Owings & Merrill and developed by Silverstein Properties, the 338-foot-tall structure will yield 1.2 million square feet of offices, film and production studios, and ground-floor retail. Lendlease is the general contractor for the property, which is alternatively addressed as 137 Varick Street and occupies a full city block bound by Vandam Street to the north, Spring Street to the south, Varick Street to the east, and Hudson Street to the west.

The Gotham Organization Unveils New Interior Images of The Suffolk at 55 Suffolk Street on Manhattan’s Lower East Side

7:30 am on April 15, 2023 By Sebastian Morris

The Gotham Organization has revealed a collection of new interior photos of The Suffolk, a 30-story mixed-use tower on the Lower East Side of Manhattan. Located at 55 Suffolk Street, the building is designed by Dattner Architects with JG Neukomm Architecture and contains a mix of 378 rental units, a large suite of amenity spaces, a 40,000-square-foot community facility for the Chinese-American Planning Council, a 4,000-square-foot cultural heritage center for Beth Hamedrash Hagodol, and 18,000 square feet of retail space.

The Collection Nears Completion at 401 West Street in Manhattan’s West Village

7:30 am on April 10, 2023 By Michael Young

Work is nearing completion on The Collection, an eight-story residential building at 401 West Street on the Hudson River waterfront in Manhattan’s West Village. Designed by Thomas Juul Hansen and Hill West Architects and developed by Wainbridge Capital, the structure will yield ten units. Vector Building Corporation is the general contractor for the project, which is located between West 10th and Charles Streets, across from Hudson River Park and the Christopher Street Pier.

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