Downtown

40 Exchange Place

20-Story Office Building At 40 Exchange Place To Get Renovations & Retail Space, Financial District

6:00 am on November 18, 2015 By Reid Wilson

Newmark Holdings and Northwind Group have purchased the 20-story office building at 40 Exchange Place, in the Financial District, for $115 million, according to Crain’s. They plan to renovate the property to accommodate small to mid-sized office tenants. Renovations will include significant changes to the lobby and the building’s common spaces, as well as the addition of retail space on the ground floor. Natixis Real Estate provided a $65 million acquisition loan and a $16.5 million construction loan.

160 Leroy Street

15-Story, 49-Unit Condo Project At 160 Leroy Street Slated For 2016 Completion, West Village

6:00 am on November 16, 2015 By Reid Wilson

In the summer of 2014, YIMBY revealed renderings of Ian Schrager’s planned residential building at 160 Leroy Street (a.k.a. 357 West Street), in the West Village, and now The New York Times has an update on the project. The Herzog & de Meuron-designed structure will actually stand 15 stories and accommodate 49 condominium units, which will range from 1,100 to 6,000 square feet. A 12,000 square-foot penthouse will top the building. Madison Cox Associates is also designing a 9,750 square-foot courtyard and Christian Liaigre is designing the interiors. The assemblage’s existing buildings are now being razed, and completion is expected by the end of 2016.

No Go-Ahead from Landmarks to Replace Four-Story Building at 327 Bleecker Street, Greenwich Village

7:00 am on November 13, 2015 By Evan Bindelglass

A four-story building dating back to well before the Civil War, but in quite the state of disrepair, won’t be demolished just yet. On Tuesday, the Landmarks Preservation Commission decided not to approve a proposal to demolish the structure at 327 Bleecker Street and replace it with a new four-story structure. While the commissioners did seem to be open to the demolition, especially given the endorsement of the Department of Buildings, the proposed replacement was not deemed appropriate.

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Six-Story, Two-Unit Residential Project Gets Façade At 327 East 9th Street, East Village

1:00 pm on November 12, 2015 By Reid Wilson

Icon Realty’s six-story, two-unit residential building under construction at 327 East 9th Street, in the East Village, is now receiving its façade, per EV Grieve, after a long three years of construction. The project topped out earlier this year and measures its full 7,200 square feet. According to the Schedule A, units should measure roughly the same area. Issac & Stern Architects is behind the design.

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