New York YIMBY

Rendering of Pearl House, courtesy of Vanbarton Group

Pearl House Office-to-Residential Conversion Is Complete At 160 Water Street In Financial District, Manhattan

7:30 am on January 15, 2025 By Max Gillespie

Construction is complete on Pearl House, an office-to-residential conversion at 160 Water Street in Manhattan’s Financial District. Designed by Gensler and developed by Vanbarton Group, the project involved the construction of a three-story rooftop expansion atop an existing midcentury tower and the conversion of its 525,000 square feet of office space to yield 588 rental units. The property is located at the corner of Water and Fletcher Streets.

Construction Begins on 2868 Webster Avenue in Bedford Park, The Bronx

7:00 am on January 15, 2025 By Vanessa Londono

Work has begun on 2868 Webster Avenue in Bedford Park, The Bronx, the second phase of a two-phase mixed-use development. The 12-story, 250,000-square-foot building will sit adjacent to the New York Botanical Gardens. Developed by Douglaston Development in collaboration with the Jericho Project, components include 277 affordable housing units, 8,000 square feet of ground-floor retail space, on-site social services, and residential amenities.

Permits Filed for 1123-1125 Broadway in Bushwick, Brooklyn

6:30 am on January 15, 2025 By Vanessa Londono

Permits have been filed to expand two three-story structures into four-story mixed-use buildings at 1123-1125 Broadway in Bushwick, Brooklyn. Located between Dekalb Avenue and Kosciuszko Street, the lot is steps from the Kosciuszko Street subway station, served by the J train. Kevin Yang is listed as the owner behind the applications.

Excavation Underway for 714-Unit Complex at 355 Exterior Street in Mott Haven, The Bronx

8:00 am on January 14, 2025 By Michael Young and Matt Pruznick

Excavation and pilings are underway at 355 Exterior Street, the site of a two-tower residential complex in Mott Haven, The Bronx. Designed by Hill West Architects and developed by The Lightstone Group under the 355 Exterior Street Associates LLC, the 720,785-square-foot project will yield 714 rental units with an average scope of 777 square feet, as well as 10,630 square feet of commercial space and 325 enclosed parking spaces. The taller of the two towers will rise 437 feet, making it the tallest structure in the South Bronx and in the borough, and taking the title away from River Park Towers that stands 428 feet tall. The property is located along the Harlem River near the intersection of Exterior and Gerard Streets.

New Rendering Revealed For 366 Bond Street in Gowanus, Brooklyn

7:30 am on January 14, 2025 By Michael Young and Matt Pruznick

A new rendering has been revealed for 366 Bond Street, a proposed eight-story affordable housing complex for senior citizens in Gowanus, Brooklyn. Designed by Shakespeare Gordon Studio, the structure is planned to yield 121 low-income homes along with a 25,586-square-foot community facility on the ground floor. The roughly 42,000-square-foot property is bound by Carroll Street to the north, 1st Street to the south, and Bond Street to the east.

New 20-Year Lease Signed for 7 Times Square In Midtown, Manhattan

7:00 am on January 14, 2025 By Max Gillespie and Matt Pruznick

Apparel holding company KnitWell Group has signed a 20-year lease extension for 246,000 square feet at 7 Times Square, a 47-story office skyscraper in Times Square, Manhattan. The lease will expand the company’s existing 191,000-square-foot presence in the building by two additional full floors. Designed by SOM and developed by Boston Properties, the 724-foot-tall structure spans 1.25 million square feet and is located at West 42nd Street between Broadway and Seventh Avenue.

Permits Filed for 45 Cleveland Place in Concord, Staten Island

6:30 am on January 14, 2025 By Vanessa Londono

Permits have been filed for St. John Villa, a five-story middle and high school facility at 45 Cleveland Place in Staten Island’s Concord neighborhood. Located north of the intersection between Cleveland Place and Garson Avenue, the lot is close to the Verrazano Expressway. NYC School Construction Authority is listed as the owner behind the applications.

New Rendering Revealed For 2,000-Unit Residential Skyscraper At 100 Gold Street in Financial District, Manhattan

8:00 am on January 13, 2025 By Michael Young and Matt Pruznick

A new rendering has been revealed for 100 Gold Street, a proposed residential skyscraper in the Financial District of Lower Manhattan. Designed by FXCollaborative, the structure is planned to yield 2,000 apartments and will replace a nine-story office building from the 1960s that houses several city agency headquarters. The rendering was revealed in Mayor Eric Adams’ State of the City address last Thursday, as part of his “Manhattan Plan” initiative to bring 100,000 new housing units to the borough over the next ten years. The site is bound by Frankfort Street to the north, Spruce Street to the south and east, and Gold Street to the west.

Redesign Revealed For 26 North Street in Bayonne, New Jersey

7:30 am on January 13, 2025 By Michael Young and Matt Pruznick

A new rendering has been revealed for the redesign of 26 North Street, a forthcoming 14-story residential building in Bayonne, New Jersey. Designed by MHS Architecture and developed by The L Group and Cali Futures, LLC, the 174-foot-tall structure will span 569,115 square feet and yield 500 rental units in studio to two-bedroom layouts with an average scope of 749 square feet, as well as 6,929 square feet of ground-floor retail space, 16,369 square feet of indoor-outdoor amenities, and enclosed parking for 455 vehicles and 266 bicycles. The nearly 2-acre property is bound by North Street to the north, Route 440 to the south, and a one-story commercial building to the east.

Photograph of 351-357 West 45th Street. Credit: Kevin Zhao/Highpoint

Services For The Underserved Renovating Four Tenement Buildings In Hell’s Kitchen, Manhattan

7:00 am on January 13, 2025 By Max Gillespie

Services for the Underserved (S:US) is in the process of renovating four neglected tenement buildings at 351-357 West 45th Street in Hell’s Kitchen, Manhattan. The organization purchased the properties in June for $20 million following years of tenant protests and legal action due to dangerous living conditions, and is refurbishing them for affordable housing. The buildings are located between Eighth and Ninth Avenues.

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