Aman New York at the Crown Building Readies for Spring Debut at 730 Fifth Avenue in Midtown, Manhattan

8:00 am on January 20, 2022 By Michael Young

Work is getting close to completion on The Aman New York, a residential and hotel conversion and expansion of the 30-story Crown Building at 730 Fifth Avenue in Midtown. Designed by Jean-Michel Gathy and developed by OKO Group, the project involves the construction of a low-rise annex and the restoration and repurposing of the 101-year-old Warren and Wetmore-designed office tower into 83 guest rooms and 22 residences. Gilbane Building Company is serving as the general contractor for the development, which spans Fifth Avenue between West 56th and West 57th Streets, aka Billionaires’ Row.

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Housing Lottery Launches for 143 Units at The Willoughby, at 196 Willoughby Street in Downtown Brooklyn

7:00 am on January 20, 2022 By Vanessa Londono

The affordable housing lottery has launched for The Willoughby, a 34-story mixed-use building at 196 Willoughby Street in Downtown Brooklyn. Designed by Perkins Eastman and developed by RXR Realty, the structure yields 476 residences. Available on NYC Housing Connect are 143 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $86,503 to $167,570.

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685 Fifth Avenue. Rendering via Marin Architects

Mandarin Oriental Residences Fifth Avenue Progresses at 685 Fifth Avenue in Midtown, Manhattan

8:00 am on January 19, 2022 By Michael Young

Construction is continuing on the Mandarin Oriental Residences Fifth Avenue, a 29-story residential conversion at 685 Fifth Avenue in Midtown, Manhattan. Designed by Marin Architects and developed by SHVO in partnership with Deutsche Finance, the $135 million project will convert 100,000 square feet of former office space into a condominium property managed by Mandarin Oriental Hotel Group, above Fifth Avenue retail frontage marketed by Brookfield Properties. The Rinaldi Group of New York, LLC is the general contractor of the project, which is located between East 53rd and East 54th Streets.

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