Mixed-Use

Excavation, Foundations Underway at 1 Park Row in Financial District, Manhattan

8:00 am on July 13, 2022 By Michael Young

Demolition is complete and below-grade work has commenced at 1 Park Row, site of a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Los Angeles-based Parkview Financial last summer, 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 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. Ancora Engineering is in charge of the support of excavation (S.O.E.) and foundations.

Evening rendering of 282-286 Grand Street - Prosper Property Group

282-286 Grand Street Tops Out on Manhattan’s Lower East Side

7:30 am on July 13, 2022 By Sebastian Morris

Construction has topped out on 282-286 Grand Street, a seven-story residential building on Manhattan’s Lower East Side. Developed by Prosper Property Group, the 23,500-square-foot structure will yield 25 rental apartments spread across roughly 22,500 square feet, along with residential amenity space and a small commercial space on the ground floor.

Affordable Housing Lottery Launches for 224 Units at 227 West Street and 27 Eagle Street in Greenpoint, Brooklyn

7:00 am on July 13, 2022 By Vanessa Londono

The affordable housing lottery has launched for Eagle+West, a two-tower residential development at 227 West Street and 27 Eagle Street in Greenpoint, Brooklyn. Developed by Brookfield Property Partners and Park Tower Group and designed by OMA and Beyer Blinder Belle, the 30- and 40-story superstructures yield a total of 745 rental units. Available on NYC Housing Connect are 224 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $51,840 to $206,875.

Construction Set to Begin at 45-19 Davis Street in Long Island City, Queens

7:30 am on July 12, 2022 By Michael Young

Excavation is set to begin at 45-19 Davis Street, the site of a 21-story residential building in Long Island City, Queens. Designed by Jon Yung of MY Architect PC and developed by Tom Wu under Davis Street Development LLC, the 229-foot-tall structure will yield 62,001 square feet with 82 units averaging 750 square feet apiece and 489 square feet of commercial space. Warner Construction is the general contractor for the property, which is located on an interior plot bound by Davis Street to the southwest, Pearson Street to the northeast, and Jackson Avenue to the northwest.

Construction Breaks Ground at 126 East 57th Street in Midtown East, Manhattan

8:00 am on July 11, 2022 By Michael Young

Excavation has begun at 126 East 57th Street, site of a 28-story residential tower on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development, the 346-foot-tall structure will yield 208,000 square feet with 147 condominium units spread across 170,000 square feet, as well as lower-level commercial space. WSP USA is the engineer, Urban Atelier Group is the construction manager, and Plaza Buildings is the general contractor of the property, which is located at the corner of East 57th Street and Lexington Avenue.

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Mixed-Use

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