Residential

Hendrix House Reveals Facade at 250 East 25th Street in Manhattan’s Kips Bay

The 12-story residential building known as Hendrix House at 250 East 25th Street in Kips Bay, Manhattan recently revealed it’s completed facade after topping off last August. Developed by New Empire Corp. and designed by DXA Studio, the 44,571-square-foot structure at the corner of Second Avenue and East 25th Street yields 60 condominium units. CORE Real Estate is handling sales and marketing, having launched sales in June 2024. Hendrix House has sold 75 percent or 45 units, totaling near $60 million in inventory at $2,133 per square foot.

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Rendering of 655 Union Street. Credit: Gustavo Coutinho from The Couthouse

Construction Wraps Up on 655 Union Street in Gowanus, Brooklyn

Work is wrapping up on 655 Union Street, a 13-story residential building in Gowanus, Brooklyn. Designed by L+Z Architecture and developed by Avery Hall and Gindi Capital, the 200,000-square-foot structure will yield 193 rental units in one- to two-bedroom layouts, as well as 14,000 square feet of ground-floor retail space. Fifty of the units will be designated for affordable housing. The half-acre property is alternately addressed as 204 4th Avenue and bound by Sackett Street to the north and Raul Vasquez Jr. Place to the south.

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Rendering of Pearl House, courtesy of Vanbarton Group

Pearl House Office-to-Residential Conversion Is Complete At 160 Water Street In Financial District, Manhattan

Construction is complete on Pearl House, an office-to-residential conversion at 160 Water Street in Manhattan’s Financial District. Designed by Gensler and developed by Vanbarton Group, the project involved the construction of a three-story rooftop expansion atop an existing midcentury tower and the conversion of its 525,000 square feet of office space to yield 588 rental units. The property is located at the corner of Water and Fletcher Streets.

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Excavation Underway for 714-Unit Complex at 355 Exterior Street in Mott Haven, The Bronx

Excavation and pilings are underway at 355 Exterior Street, the site of a two-tower residential complex in Mott Haven, The Bronx. Designed by Hill West Architects and developed by The Lightstone Group under the 355 Exterior Street Associates LLC, the 720,785-square-foot project will yield 714 rental units with an average scope of 777 square feet, as well as 10,630 square feet of commercial space and 325 enclosed parking spaces. The taller of the two towers will rise 437 feet, making it the tallest structure in the South Bronx and in the borough, and taking the title away from River Park Towers that stands 428 feet tall. The property is located along the Harlem River near the intersection of Exterior and Gerard Streets.

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