Exterior work is now complete on 11 Greene Street, a seven-story residential building in Soho. The property is designed by Gene Kaufman Architects and developed by Arch Companies, which took over from Thor Equities and secured a $45 million loan to finish the project in early 2018. Located at the corner of Greene and Canal Streets, the building yields 31 units ranging from one- to two-bedroom layouts alongside a three-bedroom penthouse. Ryan Serhant of SERHANT is leading sales and marketing.
The tallest residential tower within Jersey City‘s Journal Squared complex is set to launch leasing this month with occupancy slated as early as April 1. Located at 537 Summit Avenue, Journal Squared Tower 2 introduces a collection of 704 residences and roughly 70,000 square feet of amenity spaces to the expanding complex.
The affordable housing lottery has launched for 86-15 Rockaway Boulevard, a four-story residential building in Ozone Park, Queens. The 13,900-square-foot development is designed by Lu Ning Architecture and yields 20 units. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income, ranging in eligible income from $54,858 to $159,640.
Closings are well underway for Adrian Smith + Gordon Gill‘s 1,550-foot-tall, 131-story Central Park Tower at 217 West 57th Street. Located on Midtown‘s coveted Billionaires’ Row, this marks a major step in the final stages of the world’s tallest residential building, which is also the tallest structure in the Western Hemisphere by roof height. Extell is developing the project with an expected $4 billion sellout on the 179 units marketed by Corcoran Sunshine and Extell Marketing Group.
Work is wrapping up on Fifteen Laight Street, a Class A office conversion and expansion in Tribeca. Designed by Gensler and developed by the Vanbarton Group, the $141 million project involved the addition of two floors atop the former six-story structure, as well as a complete recladding of its exterior with a modern façade of floor-to-ceiling glass and dark metal paneling. The 115,000-square-foot building, which once served as the home of the Tribeca Film Festival, is located between Laight Street and the triangular-shaped Albert Capsouto Park to the north, Varick Street to the south, and the narrow St. Johns Lane to the east. MFS Engineers & Surveyor is the structural engineer overseeing the project.