1 Park Row’s Demolition Nears Street Level in Financial District, Manhattan

8:00 am on March 18, 2022 By Michael Young

Demolition is progressing at 1 Park Row, the site of a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, the 103,000-square-foot structure will yield 58 condominiums in one-, two-, and three-bedroom configurations, along with 19,000 square feet of commercial office and retail space on the lower levels. MJM Associates Construction LLC is the general contractor and 1 Park Row Development LLC is the owner of the property, which sits at the intersection of Park Row and Ann Street. 1 Park Row received a $90 million construction loan from Los Angeles-based Parkview Financial last summer.

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Santaella Gardens - Dattner Architects

Santaella Gardens Affordable Housing Property Debuts at at 1230 Metcalf Avenue in Soundview, The Bronx

7:30 am on March 18, 2022 By Sebastian Morris

Acacia Network and Phipps Houses recently celebrated the grand opening of Santaella Gardens, a 249-unit affordable housing property in the Soundview section of The Bronx. Located at 1230 Metcalf Avenue, available homes are reserved for individuals and households earning between 30 percent and 90 percent Area Median Income (AMI), as well as 25 units for the formerly homeless.

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Housing Lottery Launches for 100 Lenox Road in Flatbush, Brooklyn

7:00 am on March 18, 2022 By Vanessa Londono

The affordable housing lottery has launched for 100 Lenox Road, an eight-story residential building in Flatbush, Brooklyn. Designed by S. Wieder Architect with Input Creative Studio as the interior design team and Beitel as the developer, the structure yields 95 residences. Available on NYC Housing Connect are 29 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $64,286 to $167,570.

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111 West 57th Street’s Podium Nears Completion in Midtown, Manhattan

8:00 am on March 17, 2022 By Michael Young

Work is nearing full completion on 111 West 57th Street as construction wraps up on the lower podium section of the 1,428-foot residential supertall in Midtown, Manhattan. Designed by SHoP Architects and developed by JDS Development, Property Markets Group, and Spruce Capital Partners, the 84-story skyscraper will yield 60 condominiums designed by Studio Sofield and marketed by The Corcoran Group. WSP is the structural engineer, Jaros, Baum & Bolles is the MEP engineer, R&R Scaffolding Ltd. provided the building maintenance unit (BMU) sitting atop the crown, RWDI consulted with the design of the dampening system, and BuroHappold Engineering is the façade consultant for the tower, which is located between Sixth and Seventh Avenues on Billionaires’ Row.

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