Construction has topped out on the two-story addition on the Textile Building, a 16-story commercial building at 295 Fifth Avenue in Midtown South, Manhattan. Designed by Studios Architecture and developed by Tribeca Investment Group, PGIM Real Estate, and Meadow Partners, the $350 million project involves the expansion and gut renovation of the 100-year-old structure, which is located between East 30th and East 31st Streets, a short walk to the Empire State Building. CBRE is handling marketing of the 700,000 square feet of updated office space.
Construction has resumed on H Hotel W39, a 29-story hotel at 58 West 39th Street in Midtown. Designed by Peter F. Poon Architects and developed by Wei Hong Hu of H Hotel LLC, the 447-foot-tall project had been stalled since the early months of 2020. City Cross Construction Corp. is the general contractor for the structure, whose design features a radical cantilever that gives way to a tapered glass dome. The footprint of the tower rests on a relatively narrow plot between Fifth and Sixth Avenues, just south of Bryant Park.
Construction is now underway on the final tower of Journal Squared, a three-skyscraper development in Jersey City. Designed by HWKN Architecture and Handel Architects and developed by Kushner Real Estate Group and National Real Estate Advisors, the 60-story building will yield 600 rental apartments with interiors designed by Major and Handel Architects.
The affordable housing lottery has launched for RadRoc, a two-building mixed-use development at 10-18 Beach 20th Street and 19-38 Cornaga Avenue in Far Rockaway, Queens. Designed by Magnusson Architecture & Planning and developed by Radson Development, the structures each rise ten stories and yield a combined 253 residences. Available on NYC Housing Connect are 227 units for residents at 40 to 80 percent of the area median income (AMI), ranging in eligible income from $20,538 to $118,400.
Work is wrapping up on 167 Chrystie Street, a 16-story residential building on Manhattan’s Lower East Side. Designed by ODA Architects and developed by Be-Aviv and Nexus Building Development Group, Inc., the 77,000-square-foot, 170-foot-tall structure will yield 78 units, averaging 680 square feet apiece, as well as 4,600 square feet of ground-floor retail space. Danya Cebus Construction LLC is the general contractor for the project, which is being built between Rivington Street to the north and Delancey Street to the south, and Sara D. Roosevelt Park across Chrystie Street to the east.