Excavation and foundations are progressing at 343 Madison Avenue, the site of a 49-story commercial skyscraper in Midtown East, Manhattan. Designed by Kohn Pedersen Fox and developed by BXP, the 844-foot-tall structure will yield 950,000 square feet of office space and a collection of tenant amenities. The property is located between East 44th and 45th Streets.
The New York City Department of Design and Construction (DDC) has proposed a master plan to install curb extensions and pedestrian ramps within the landmarked Street Plan of New Amsterdam and Colonial New York in Lower Manhattan. The proposal, presented to the Landmarks Preservation Commission (LPC) on Tuesday, seeks approval for a coordinated program of accessibility and streetscape upgrades at several intersections within the historic street network. The project area is located in Manhattan’s Financial District and includes multiple sites where pedestrian infrastructure would be reconstructed while maintaining the historic street alignment.
The New York City Department of Transportation (NYC DOT) will restart four previously halted street redesign projects aimed at improving bus reliability and traffic safety in The Bronx and Brooklyn. The initiatives include a new bus lane on Fordham Road in The Bronx and three protected bike lane projects across Brooklyn neighborhoods including Fort Greene, Flatbush, and Prospect-Lefferts Gardens. NYC DOT will oversee implementation, with construction scheduled to begin this spring.
ArtBridge and the Downtown Alliance have unveiled the first mural resulting from a new public art initiative aimed at enhancing construction sites across Lower Manhattan. The installation wraps around all four sides of 77 Water Street, a 26-story tower currently undergoing an office-to-residential conversion led by Vanbarton Group in the Financial District. The artwork, titled I See The Sky From The Other Side, was designed by award-winning artist Eirini Linardaki and spans 700 linear feet of construction fencing at the property, which is bounded by Gouverneur Lane, Old Slip, and Front Street.
Governor Kathy Hochul has announced $101 million in state funding to support 25 freight and port infrastructure projects across New York, including four initiatives in New York City. The funding, awarded through the Passenger and Freight Rail Assistance Program (PFRAP), is aimed at enhancing the reliability, resiliency, and environmental sustainability of the state’s trade corridors. The New York City Department of Small Business Services (NYCSBS) and the Long Island Rail Road (LIRR) each received $20 million to advance rail and maritime projects in the city.
