Work has begun on the re-cladding of PENN 2, a 31-story commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves the replacement of the 53-year-old structure’s dark façade with a much lighter glass enclosure. The 412-foot-tall, 1.61-million-square-foot tower was originally designed by Charles Luckman Associates and stands along Seventh Avenue between West 31st and 33rd Streets, immediately to the east of Madison Square Garden. PENN 2 is one of several buildings in the Penn Station revitalization plan, which YIMBY covered in an article last week.
Leasing has officially commenced at 351 Marin Boulevard, a new 38-story rental property in Jersey City’s Powerhouse Arts District. Developed by Kushner Real Estate Group (KRE) and joint venture partner Northwestern Mutual, the property comprises 507 apartments. The mix of units includes studios and one- and two-bedroom homes.
The affordable housing lottery has launched for The Lois, an eight-story mixed-use building at 350 Clarkson Avenue in Prospect Lefferts Gardens, Brooklyn. Designed by CetraRuddy Architecture and developed by The Hudson Companies, the structure yields 250 residences. Available on NYC Housing Connect are 52 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $58,149 to $192,400.
Permits have been filed for an eight-story affordable housing development at 305 Chester Street in Brownsville, Brooklyn. Located at the intersection of Chester Street and Dumont Avenue, the corner lot is two blocks from the Rockaway Avenue subway station, serviced by the 3 train. L+M Development Partners is listed as the owner behind the applications.
Work is nearing completion on The Leyton, a 30-story residential tower at 1059 Third Avenue on Manhattan’s Upper East Side. Designed by Manuel Glas Architects and developed Dart Interests and Real Estate Inverlad, the 481-foot-tall, 127,000-square-foot structure will yield 38 residences with sales and marketing led by Brown Harris Stevens Development Marketing. Frampton Co. and Champalimaud Design handled interior design for the residences, which include ten full-floor homes and one duplex penthouse. 1059 Third Avenue is located by the intersection of Third Avenue and East 63rd Street.