This month, the 92nd Street Y kicked-off a multi-phase redevelopment of its historic headquarters on the Upper East Side, Manhattan. Located at 1395 Lexington Ave at the corner of East 92nd Street, the $200 million restoration project will help the organization enrich the services, events, and facilities it provides to its visitors and the local Manhattan community.
RXR has pledged to contribute $100,000 dollars toward the construction of a new community kitchen and educational space at 805 East 139th Street in Mott Haven, South Bronx. Led by East Side Housing Settlement, one of the oldest community-based non-profit organizations in The Bronx, the Community Teaching Kitchen will provide on-site training and certification programs for 50 students per year.
Below-grade work is ramping up at 258-278 Eighth Avenue, site of a 14-story mixed-use project in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 173-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space on the lower floors. Leeding Builders Group is the general contractor and Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the Midtown, Manhattan project, which is located along Eighth Avenue between West 23rd and West 24th Streets.
Demolition is complete at 111 Willoughby Street, the site of a 40-story residential tower in Downtown Brooklyn. Designed by GF55 Architects and developed by The Michaels Organization, Triangle Equities, and Geolo Capital, the 437-foot-tall structure will yield 205,000 square feet with 227 rental units, a 20,000-square-foot ministry center for the St. Boniface parish, and 1,814 square feet of commercial space. ZDG is the general contractor for the property, which is located by the intersection of Willoughby Street to the south and Duffield Street to the east.
The Trust for Governors Island has revealed four universities and design teams that will move forward in a design competition to construct and operate a new climate research and educational complex on the southern tip of the island. The complex will debut as the Center for Climate Solutions and will support the research, development, and demonstration of equitable climate solutions for New York City that can be scaled and applied globally.