Manhattan

358 West 58th Street. Photo by Michael Young.

358 West 58th Street Residential Conversion Remains Stalled in Hell’s Kitchen, Manhattan

The 24-story hotel-to-residential conversion of 358 West 58th Street remains stalled in Hell’s Kitchen, Manhattan. The former 878-room Hudson Hotel was supposed to be transformed into 441 below-market rate rental apartments overseen and developed by CSC Coliving and also include more than 50,000 square feet of retail space on the lower levels of the building. The property is located on an interior lot between Eighth and Ninth Avenues and was being financed through the acquisition of a $100 million financial package from Northwind Group.

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Elizabeth Street Garden today, via elizabethstreetgarden.com

More Than 620 Affordable Homes Planned In Lower Manhattan, Elizabeth Street Garden Preserved In New City Agreement

The City of New York has finalized a new agreement to create over 620 affordable homes across Lower Manhattan while preserving the Elizabeth Street Garden as a publicly accessible space. Mayor Eric Adams and Councilmember Christopher Marte announced the plan on Monday, marking a shift from previous proposals that would have replaced the garden with housing. Under the agreement, the city will pause redevelopment of the garden and instead rezone three alternative sites within Council District 1 to deliver more than five times the originally proposed number of affordable units.

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Manhattan Plan Banner, via manhattanplan.nyc

Public Engagement Phase Launches For Manhattan Plan To Build 100,000 New Homes

Mayor Eric Adams and the Department of City Planning (DCP) have officially launched the public engagement phase of the “Manhattan Plan,” a proposal to add 100,000 new homes to Manhattan over the next decade. The plan, first announced during Adams’ State of the City address, aims to reverse decades of declining housing production in Manhattan and ease soaring housing costs.

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3880 9th Avenue. Photo by Michael Young.

Inwood Living Completes Construction At 3880 Ninth Avenue in Inwood, Manhattan

Construction is complete on Inwood Living, a 17-story residential building at 3880 Ninth Avenue in Inwood, Manhattan. Designed by JFA Architects & Engineers and developed by The Jay Group, the 170-foot-tall structure spans 211,000 square feet and yields 270 rental units with an average scope of 707 square feet. The project also contains 20,000 square feet of lower-level commercial space, a cellar, one commercial loading berth, and a 41-vehicle parking garage. Twenty-five percent of the apartments are designated as affordable housing. 401 West 207th Realty LLC is listed as the owner of the property, which is alternately addressed as 401 West 207th Street and located at the intersection of Ninth Avenue and West 207th Street.

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