Tishman Speyer has completed the acquisition of land for a new mixed-use development at 50 Hudson Street and 55 Hudson Street in Jersey City. The project, which has been designed in collaboration between Handel Architects, Marchetto Higgins Stieve Architects, and landscape architect Melillo Bauer Carman, is situated on the Hudson River waterfront and plans to yield approximately 2,000 apartments.
The affordable housing lottery has launched for 161 Meserole Avenue, an eight-story residential building in Greenpoint, Brooklyn. The structure is designed by Kao Hwa Lee Architect and developed by SH Meserole LLC. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $128,572 to $198,250.
Work is ramping up on the office conversion of a section of The Shops & Restaurants at Hudson Yards shopping mall in Hudson Yards, Manhattan. Designed by Kohn Pedersen Fox and developed by Related Companies, the project involves the replacement of 20 Hudson Yards’ façade and the repurposing of the top three stories of the former Nieman Marcus department store into 445,000 square feet of office space for Wells Fargo. The company plans to consolidate most of its New York workforce into the building, which will accommodate 2,300 employees and provide an easier link with its other employees spread across nine stories at 30 Hudson Yards.
Construction is rising on 501 Ninth Avenue, a 12-story residential building in Midtown, Manhattan on the border of Hudson Yards and the Garment District. Designed by Archimaera Architecture and developed by ZD Jasper Realty under the ZDJ Hudson Yards LLC, the structure is being constructed alongside its 120-foot-tall identical counterpart at 489 Ninth Avenue at the southern end of the parcel. The two buildings will collectively span 220,000 square feet and yield 174 condominium units with an average scope of 970 square feet, as well as ground-floor commercial space, a cellar level, and a 30-foot-long rear yard. Warner Construction Services Inc. is the general contractor for both properties, which are bound by West 38th Street to the north, West 37th Street to the south, Ninth Avenue to the east, and Dyer Avenue to the west.
Governor Kathy Hochul recently announced that three New York City properties have been recommended for historic recognition, highlighting their unique contributions to the city and state’s architectural and cultural heritage. The nominations are part of a broader initiative to preserve New York State’s history, and are three of 15 total properties across New York State that have been proposed for inclusion in the State and National Registers of Historic Places. All three nominations are located in Manhattan.
