Residential

Central Park Tower Reaches Final Stages of Construction in Midtown, Manhattan

8:00 am on August 9, 2021 By Michael Young

Central Park Tower‘s exterior work has reached the finishing stages as construction nears completion on the 1,550-foot Billionaires’ Row supertall in Midtown, Manhattan. Addressed as 217 West 57th Street, the soaring 131-story skyscraper is designed by Adrian Smith + Gordon Gill and developed by Extell and holds the crown as the tallest structure by roof height in the Western Hemisphere and the tallest residential building in the world. Corcoran Sunshine and Extell Marketing Group are leading sales for its 179 units and are anticipating a $4 billion sellout. The property rises between West 57th and West 58th Streets and includes Nordstrom retail frontage along Broadway.

Excavation Imminent at 144 Barrow Street in Manhattan’s West Village

7:30 am on August 9, 2021 By Michael Young

Excavation appears to be imminent at 144 Barrow Street in Manhattan‘s West Village, the site of a seven-story residential building. Designed by BKSK Architects and developed by 144 Barrow Street LLC, the 24,800-square-foot structure will yield 16 units and 1,800 square feet of ground-floor commercial space. Titanium Construction Services Inc. is the general contractor for the project, which is located on a relatively narrow 5,000-square-foot site bound by Christopher Street to the north and Barrow Street to the south.

325 Gates Avenue in Bed-Stuy, Brooklyn. All images courtesy of NYC Housing Connect

Housing Lottery Units Still Available at 325 Gates Avenue in Bed-Stuy, Brooklyn

6:30 am on August 9, 2021 By Vanessa Londono

The affordable housing lottery has launched for 325 Gates Avenue, a six-story mixed-use building in Bedford-Stuyvesant, Brooklyn. Designed by ND Architecture & Design and developed by Renaissance Realty Group, the structure yields 48 residences and ground-floor retail space for five storefronts. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,138 to $167,570.

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.

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Residential

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