Work is progressing on 100 Pearl Street, a project to renovate the lower floors of the mixed-use Financial District building to an expanded, more pedestrian-friendly arcade, as well as upgrades at the roof level. Alternately addressed as 7 Hanover Square, the overhaul is being designed by S9 Architecture and developed by GFP Real Estate and will feature 1,450 square feet of indoor public space plantings, 10 to 18 food and beverage retailers, at least two new retail shops on Pearl Street and at least two on Water Street, kiosks, 167 new seats, and new lobby space.
The Department of City Planning recently signed off on an Environmental Assessment Statement to facilitate the construction of a new five-story mixed-use building at 252 Victory Boulevard in Tompkinsville, Staten Island.
The affordable housing lottery has launched for 38-35 Crescent Street, a six-story mixed-use building in Long Island City, Queens. The 26,000-square-foot development was designed by Mehdi Ghazi and yields 17 units. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,858 to $167,570.
Central Park Tower‘s crown lights began to illuminate for the first time this past weekend, an exciting harbinger of the imminent full completion of the 1,550-foot Midtown supertall. Located at 217 West 57th Street on Billionaires’ Row, the tower is designed by Adrian Smith + Gordon Gill and developed by Extell and stands as the tallest structure by roof height in the Western Hemisphere and the tallest residential building in the world. Corcoran Sunshine and Extell Marketing Group are leading sales for its 179 units and are anticipating a $4 billion sellout.
Exterior work is shaping up on 21-16 44th Drive, an eight story mixed-use building in Long Island City, Queens. Alternately addressed as 21-18 44th Drive, the structure is designed by C3D Architecture and developed by Amsterdam Hospitality and will yield a mix of ground-floor retail space, 40 hotel rooms measuring around 250 square feet each, and 29 homes averaging just under 700 square feet apiece. The site is located along 44th Drive between 21st Street and 23rd Street.