300 East 50th Street has topped out in Midtown, Manhattan. The $200 million project was developed in partnership between MAG Partners, Global Holdings, and Safanad, and was designed by BKSK Architects. The 170,000-square-foot building was built on the assemblage of multiple sites which were originated by Krown Capital and KRW Realty.
After opening its doors in late 2023, Pearl House has officially surpassed 50 percent leased. Located at 160 Water Street in the Financial District, the city’s largest office-to-residential conversion to date, yield 24 stories with 588 units and 30,000 square feet of amenities. Pearl House is designed by Gensler and developed by Vanbarton Group, a real estate development, investment, and advisory firm, with Compass Development Marketing Group handling leasing. Pricing for available units starts at $3,909 a month.
Permits have been filed for a seven-story residential building at 111 South 6th Street in Williamsburg, Brooklyn. Located between Berry Street and Bedford Avenue, the lot is near the Marcy Avenue subway station, serviced by the J, M, and Z trains. Jack Wolcowitz of Hamilton Eastman is listed as the owner behind the applications.
Construction is rising on 211 West 84th Street, an 18-story residential building on Manhattan’s Upper West Side. Hill West Architects is serving as the architect of record and is being developed by Naftali Group, which purchased the assemblage of properties for $71 million in 2022. The 209-foot-tall structure will span 154,598 square feet and yield 45 condominium units with an average scope of 3,371 square feet, as well as 2,898 square feet of ground-floor retail space, a cellar level, and 17 enclosed parking spaces. The project occupies nearly 250 feet from the corner of Broadway to the middle of the block.
