Residential

Demolition for 27-Story Pace University Tower Complete at 15 Beekman Street in Financial District

7:30 am on August 8, 2021 By Michael Young

Demolition is now complete at 15 Beekman Street, the site of a 27-story academic center and dormitory for Pace University in the Financial District. Designed by Manish Chadha of Ismael Leyva Architects and developed by SL Green Realty, the 338-foot-tall structure will be addressed as 126-132 Nassau Street and yield 213,084 square feet of classrooms, dorms, a dining facility, a library, and a learning center. The building will also have a cellar, sub-cellar, and a 20-foot-long rear yard.

Rendering of 1325 Jerome Avenue (formerly 1331 Jerome Avenue) - GF55 Partners; The Doe Fund

New York State Announces $35 Million in Construction Financing to Facilitate Supportive Housing Developments

7:00 am on August 8, 2021 By Sebastian Morris

The State of New York has announced a sixth round of funding for the Empire State Supportive Housing Initiative, an ambitious plan to create or preserve over 100,000 affordable and at least 6,000 supportive housing units. For this round, the state will release $35 million in financing aimed at creating at least 1,400 supportive housing units.

No. 33 Park Row Wraps Up Construction in Financial District, Manhattan

8:00 am on August 6, 2021 By Michael Young

Exterior work is coming to a close on No. 33 Park Row, aka Pearl on the Park, a 23-story residential building in the Civic Center section of the Financial District. Designed by Pritzker Prize-winning architect Sir Richard Rogers and Graham Stirk of Rogers Stirk Harbour + Partners and developed by Centurion Real Estate Partners and Urban Muse, the 331-foot-tall structure spans 95,000 square feet with 30 units, which range from one- to five-bedroom units and penthouses. The building stands on a corner plot on Park Row, the historic locale of New York City’s first skyscrapers such as the New York Tribune Building and the World Building. Compass Development Marketing Group is the exclusive marketing and sales agent for the property, with sales already underway.

65,000-Square-Foot Amenity Suite Now Complete at 99 Hudson Street in Jersey City

7:30 am on August 6, 2021 By Sebastian Morris

Residential amenity spaces at Jersey City‘s 99 Hudson Street, the tallest structure in New Jersey, are now complete. In an exclusive reveal, new photos from the developer offer a first look at the spaces, which span roughly 65,000 square feet.

Construction Imminent on 33 Franklin Street in Greenpoint, Brooklyn

7:00 am on August 6, 2021 By Vanessa Londono

Construction is expected to begin soon on a seven-story mixed-use residential and commercial development at 33 Franklin Street in Greenpoint, Brooklyn. The 21,000-square-foot-lot has street frontage along Calyer Street, Quay Street, and Franklin Street and is also addressed as 82 Calyer Street. Yidel Hirsch is listed as the owner under the Franklin 33 LLC, and StudiosC is the filing architect as well as responsible for all exterior and interior design.

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.

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.

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.

RAMSA’s 3041 Broadway Soars Past Halfway Mark in Morningside Heights, Manhattan

8:00 am on August 2, 2021 By Michael Young

Construction has quickly risen past the halfway mark on 3041 Broadway, a 42-story mixed-use tower designed by Robert A. M. Stern Architects in Morningside Heights. Alternately addressed as 100 Claremont Avenue, the project is being developed by L&M Development Partners and Lendlease with SLCE Architects as the architect of record, and will yield 350,000 square feet with condominiums as well as institutional offices, faculty housing, and classrooms for the Union Theological Seminary. Beyer Blinder Belle is handling the renovations of Union Theological Seminary’s Hastings Hall, where students reside. The property is located by the corner of Claremont Avenue and West 122nd Street, directly across from Riverside Church, and the tower is being constructed with the use of air rights from the seminary.

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Residential

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