Permits have been filed for a nine-story mixed-use building at 183 Chrystie Street on Manhattan’s Lower East Side. Located between Delancey Street and Rivington Street, the lot is near the Bowery Street subway station, serviced by the J and Z trains and the Grand Street station, serviced by the B and D trains. David Paz of Omnia Group is listed under the AEH-VSLV, LLC as the owner behind the applications.
Manhattan’s historic Emigrant Industrial Savings Bank will be reborn as Hall des Lumières, a permanent center for immersive art exhibitions and cultural events. Located at 49-51 Chambers Street in Civic Center, Manhattan proposals to transform the building’s ground floor were subject to review by the Landmark Preservation Commission and approved last August.
Construction is complete on 102 Charlton Street, a 21-story residential building in Hudson Square. Designed by Ismael Leyva Architects and developed by Lalezarian Properties, the 210-foot-tall structure yields 59,323 square feet with 61 residential units in a mix of studios, one- and two-bedroom layouts, and full-floor spreads. The property is located between Greenwich and Hudson Streets and is surrounded by a wave of new construction including headquarters for Disney and Google.
Façade work is wrapping up on 456 Greenwich Street, an eight-story hotel building in Tribeca. Designed by Stephen B. Jacobs Group with Martin Brudnizki Design Studio as the interior designer, and developed by Caspi Development, the 94,000-square-foot structure will yield 96 Art Deco-inspired guest rooms operated by Groupe Lucien Barrière of the Hôtel Barrière Le Fouquet’s Paris. AECOM Tishman is the general contractor for the Lower Manhattan development, which is bound by Greenwich Street to the east, Desbrosses Street to the south, and Washington Street to the west.
An affiliate of GFI Capital Resources has secured $195 million in refinancing for The Beekman, a historic landmarked hotel in Manhattan’s Financial District. The deal included a $130 million senior loan with Bank OZK arranged by Newmark and a $65 million subordinate financing raised from bond investors on the Tel Aviv Stock Exchange.
