New York YIMBY

One Wall Street’s Residential Conversion and Retail Addition Nears Completion in Financial District

8:00 am on August 5, 2021 By Michael Young

Work is nearing completion on One Wall Street, the largest office-to-residential conversion project in New York City’s history. Developed by Macklowe Properties, the 21st century overhaul is expected to cost around $1.5 billion, transforming the 90-year-old, 564-foot-tall Art Deco skyscraper with a multi-story addition designed by SLCE Architects as well as a 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels. The Financial District property will yield 566 new units with sales handled and marketed by Compass.

Rendering of 500 Commerce Street - Dimovski Architecture

Mount Pleasant IDA Approves Incentives Packages for Residential Building at 500 Commerce Street in Westchester County

7:30 am on August 5, 2021 By Sebastian Morris

The Town of Mount Pleasant recently approved a financial incentives package to facilitate the completion of a new residential property at 500 Commerce Street. The project site is located in Hawthorne, New York, a small hamlet associated within Mount Pleasant and the surrounding Westchester County.

Grace Baptist Church to Build a 14-Story Mixed-Use Affordable Housing Building in Mount Vernon

7:00 am on August 5, 2021 By Vanessa Londono

The Grace Baptist Church has big plans for the adjacent empty lot at Sixth Avenue and Second Street in Mount Vernon. Proposals are in the works for a 14-story building known as The Grace, yielding 267 apartments ranging from studios to three-bedroom units, parking below grade for 130 vehicles, ground-floor space for church conference rooms, and a catering hall. SLCE Architects is responsible for the design.

Parker West at 214 West 72nd Street on the Upper West Side. All images courtesy of NYC Housing Connect

Affordable Housing Units Still Available at Parker West on Manhattan’s Upper West Side

6:30 am on August 5, 2021 By Vanessa Londono

The affordable housing lottery has launched for the Parker West Apartments, a 21-story mixed-use building at 214 West 72nd Street on the Upper West Side of Manhattan. Designed by Greenberg Farrow and and developed by CBSK Ironstate, a collaboration of SK Development, CB Developers, and Brooklyn Standard Properties, the structure yields 38,006 square feet and 19 residences. Available on NYC Housing Connect is one unit for residents at 80 percent of the area median income (AMI), ranging in eligible income from $67,132 to $118,400.

YIMBY Scopes the Views from the Topped-Out Olympia at 30 Front Street in DUMBO, Brooklyn

8:00 am on August 4, 2021 By Michael Young

YIMBY attended a topping-out celebration yesterday afternoon at Olympia, a 26-story mixed-use residential edifice at 30 Front Street in DUMBO, Brooklyn. Developed by Fortis Property Group and designed by Hill West Architects with Workstead handling interiors, the 401-foot-tall tower is the tallest structure in the neighborhood and will yield 76 condominium units with sales and marketing led by Fredrik Eklund and John Gomes of the Eklund Gomes Team at Douglas Elliman and Karen Heyman at Sotheby’s. Olympia is situated on a relatively narrow triangular plot bound by Front Street to the north, Washington Street to the east, and York Street to the south. Urban Atelier Group is managing construction, Manhattan Concrete is creating the reinforced concrete superstructure, and King Contacting Group is in charge of the CMU work, exterior insulation finish systems, and roofing.

Rendering of the Tysens Park Shopping Center - Park Tysen Associates LLC

Proposals Reveal New and Expanded Retail Properties at Staten Island’s Tysens Park Shopping Center

7:30 am on August 4, 2021 By Sebastian Morris

Proposals now under review by the Department of City Planning reveal a new retail building and the enlargement of two existing buildings within Staten Island’s Tysens Park Shopping Center. Located at 2712 Hylan Boulevard, the Tysens Park Shopping Center occupies 12.5 acres or approximately 546,000 square feet. The property comprises eight single-story commercial buildings and 731 accessory off-street parking spaces.

The Johanna Apartments, courtesy of Camber Property Group

$30 Million Acquisition of The Johanna Apartments Preserves Affordable Housing in Harlem, Manhattan

7:00 am on August 4, 2021 By Vanessa Londono

The latest acquisition by Camber Property Group brings affordability protections to 60 apartments in Harlem, Manhattan. The Johanna Apartments, acquired for $30 million, consists of a 100 percent Project Based Section 8 property across four buildings on West 144th Street, just a block from the 145th Street subway station.

65 Graham Avenue in Williamsburg, Brooklyn. Image courtesy of NYC Housing Connect

Affordable Housing Units Still Available for 65 Graham Avenue in Williamsburg, Brooklyn

6:30 am on August 4, 2021 By Vanessa Londono

The affordable housing lottery has launched for 65 Graham Avenue, a six-story mixed-use building in Williamsburg, Brooklyn. Designed by Bricolage Designs, the structure yields 5,567 square feet with eight residences and both commercial and community facility space. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,258 to $167,570.

Façade Work Continues on Santiago Calatrava’s St. Nicholas Green Orthodox Church, in Financial District

8:00 am on August 3, 2021 By Michael Young

Façade work is continuing to progress on St. Nicholas Greek Orthodox Church, a reinforced concrete structure atop the elevated Liberty Park in the Financial District. Designed by Santiago Calatrava and developed by The Port Authority of New York and New Jersey, the church is found near the intersection of Greenwich Street and Liberty Street and sits above the eastern half of the vehicle security center for the World Trade Center.

141 East Houston Street Tops Out on Manhattan’s Lower East Side

7:30 am on August 3, 2021 By Michael Young

Construction has topped out on 141 East Houston Street, a ten-story mixed-use office building on Manhattan’s Lower East Side. Designed by Roger Ferris + Partners and developed by East End Capital and K Property Group, the 68,000-square-foot structure will yield office space as well as retail on the ground floor and two cellar levels. The property is located between Forsyth Street to the west and Eldridge Street to the east on a plot that was formerly occupied by the Sunshine Cinema.

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