Construction is continuing to progress on the residential conversion of the 90-year-old One Wall Street, a 564-foot-tall Art Deco skyscraper in the Financial District. Developed by Macklowe Properties, the project is expected to cost $1.5 billion and also features an exterior addition designed by SLCE Architects. The undertaking is the largest office-to-residential conversion in New York City history and will feature 566 new units with sales handled and marketed by Compass, as well as a new 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels. The site is bound by Broadway to the west, Wall Street to the north, New Street to the east, and Exchange Place to the south.
Ironstate Development Company and The Pegasus Group have launched the next phase of leasing at The Eddy, a rental community in Harrison, New Jersey. The community is located at 555 First Street near the Passaic River waterfront and was designed in collaboration by Front Studio Architects, Minno & Wasko Architects and Planners, and BG Studio.
The affordable housing lottery has launched for 2337 Bedford Avenue, a six-story residential building in Flatbush, Brooklyn. The 29,116-square-foot development is designed by S. Wieder Architects and yields 27 units. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $66,858 to $167,570.
Full demolition permits have been filed for 400 West 219th Street in Inwood, Manhattan. Bound by Ninth Avenue, West 219th Street, and West 218th Street, the site is also addressed as 201 West 218th Street.
New renderings have been released for 343 Madison Avenue, a proposed 1,050-foot-tall office supertall in Midtown East. Designed by Kohn Pedersen Fox and developed by Boston Properties, the 753,120-square-foot structure would contain 748,618 square feet of office space, 2,130 square feet of retail space, and 2,372 square feet that will connect below grade to the future East Side Access project with subterranean circulation paths toward Grand Central Terminal. The building is planned to rise in place of the former Metropolitan Transportation Authority headquarters on half of the block between Madison and Vanderbilt Avenues and East 44th and 45th Streets.