Renovation work is progressing steadily on 450 Washington, a 12-story residential building at 450 Washington Street on the Hudson River waterfront in Tribeca. Designed by Roger Ferris + Partners and developed by Related Companies, the project involves the replacement of the structure’s windows, extensive interior refurbishments, and conversion of the former rental units into 176 condominiums. Corcoran Sunshine Marketing Group is handling sales and marketing for units ranging from studios to four-bedroom homes, with pricing ranging from around $1 million to $10 million. Hollander Design is the landscape architect for the property, which occupies a full block parcel bound by Watts Street to the north, Desbrosses Street to the south, Washington Street to the east, and West Street to the west.
Construction has broken ground on the Portal North Bridge, the long-delayed replacement of an 111-year-old rail bridge connecting Secaucus and Kearny, New Jersey above the Hackensack River. The project is expected to last approximately five and a half years.
Permits have been filed to expand a two-story parking garage into a 13-story mixed-use building at 142 West 21st Street in Chelsea, Manhattan. Located between Sixth and Seventh Avenues, the lot is two blocks south of the 23st Street subway station, serviced by the 1 train. Yiannes Einhorn of Grid Group is listed as the owner behind the applications, after purchasing the property from Jadlamm Realty Corp. for $31 million last year.
The affordable housing lottery has launched for 305 Kingsland Avenue, a four-story residential building in Greenpoint, Brooklyn. Designed by Diego Aguilera Architects and developed by Shulem Jacobs of YME Construction, the structure yields nine residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,429 to $156,130.
Renovation work is progressing on 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 full re-cladding and interior modernization of the 412-foot-tall, 1.61-million-square-foot mid-century office building, and is part of the ten-skyscraper Penn District revitalization plan. Turner Construction Company is the general contractor for the property, which is located along Seventh Avenue between West 31st and 33rd Streets, directly adjacent to Penn Station and Madison Square Garden.