Retail

Mayor Eric Adams speaks at the Century 21 ribbon cutting ceremony in Manhattan - Photo by Michael Appleton, Mayoral Photography Office

Retailer Century 21 Reopens at 22 Cortlandt Street in Financial District, Manhattan

7:30 am on May 18, 2023 By Sebastian Morris

Century 21 has reopened in its Financial District flagship in Manhattan after nearly three years of closure. Located at 22 Cortlandt Street, the bargain fashion retailer first opened in the 1960s as a family operation run by Al and Sonny Gindi. The size of the store, once ranked among the largest retail locations in Manhattan, has been reduced from its original six-story footprint to four floors at the primary 22 Cortlandt Street building.

Interior Renderings Revealed for Estela at 414-445 Gerard Avenue in Mott Haven, The Bronx

7:30 am on May 17, 2023 By Sebastian Morris

The Domain Companies has shared a collection of interior renderings for Estela, a two-building rental property at 414 and 445 Gerard Avenue in the Mott Haven section of The Bronx. Designed by S9 Architecture, the development contains a mix of 380 market-rate apartments, 164 affordable housing units, and around 9,000 square feet of ground-floor retail space. The property is located near the Harlem River between East 144th and 146th Streets.

Foundations Underway for Extell’s 403 East 79th Street on Manhattan’s Upper East Side

8:00 am on May 16, 2023 By Michael Young and Matt Pruznick

Foundation work is underway at 403 East 79th Street, the site of a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell Development Company, the structure will yield 400,000 square feet of Class A offices and retail space on the ground floor and cellar levels. The Hospital for Special Surgery has signed on as the anchor tenant and will occupy 200,000 square feet across the first eight stories. Ancora Engineering is the engineer of record and Lendlease is the general contractor for the property, which is alternatively addressed as 1522 First Avenue and located between East 79th and East 80th Streets.

250 East 83rd Street Passes the Halfway Mark on Manhattan’s Upper East Side

8:00 am on May 14, 2023 By Michael Young and Matt Pruznick

Construction has passed the halfway mark on 250 East 83rd Street, a 31-story residential building in the Yorkville section of Manhattan’s Upper East Side. Designed by SLCE Architects and developed by The Torkian Group, the 370-foot-tall structure will yield 128 residential units with interiors by Lemay_id, as well as ground-floor retail space. Cauldwell Wingate Company is the general contractor for the property, which is located at the corner of Second Avenue and East 83rd Street.

Rendering of The Italic at 26-32 Jackson Avenue in Long Island City, Queens

Developers Secure $350M Loan for The Italic at 26-32 Jackson Avenue in Long Island City, Queens

7:00 am on May 14, 2023 By Sebastian Morris

American Lions, a joint venture between Fetner Properties and the NY Lions Group, has secured $350 million in construction financing to complete a 49-story residential skyscraper at 26-32 Jackson Avenue in Long Island City, Queens. Designed by SLCE Architects, the project will comprise 283,000 square feet of residential space and 10,000 square feet of retail space.

Grocer Lidl Signs Lease for Penn South at 335 Eighth Avenue in Chelsea, Manhattan

6:30 am on May 14, 2023 By Vanessa Londono

MAG Partners and Lidl US have announced a 23,000-square-foot lease for a ground-floor grocery store at 335 Eighth Avenue in Chelsea, Manhattan. The 200,000-square-foot, seven-story mixed-income apartment building is being developed within the Penn South campus, an affordable housing cooperative designed by COOKFOX.

1 Park Row Rises Above Street Level in Financial District, Manhattan

8:00 am on May 13, 2023 By Michael Young and Matt Pruznick

Construction is rising above street level on 1 Park Row, 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 Parkview Financial in 2021, the 305-foot-tall structure will yield 103,000 square feet with 58 condominium units in one- to three-bedroom layouts, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street.

Aerial rendering of the New York City Football Club soccer stadium in Willets Point, Queens

New York City Football Club Reveals Renderings of 25,000-Seat Willets Point Soccer Stadium in Corona, Queens

7:30 am on May 13, 2023 By Sebastian Morris

In a meeting with Willets Point Queens Community Board 7, the New York City Football Club presented its plans to construct a 25,000-seat soccer stadium near Citi Field in Corona, Queens. Known as the Willets Point Revitalization Plan, the scope of work also includes a 100-percent affordable housing project with more than 2,500 units, a 650-seat school, a 250-key hotel, retail and dining locations, and more than 40,000 square feet of public open space.

Retailers Kohler, West Elm, and Hilti Join Industry City Design District in Sunset Park, Brooklyn

6:30 am on May 13, 2023 By Vanessa Londono

New retailers Kohler, West Elm, and Hilti will be joining the group of national name-brand retailers and local artisans that make up Industry City Design District in Sunset Park, Brooklyn. The leasing signings amount to…

One Madison Avenue’s Façade Nears Completion in Flatiron District, Manhattan

8:00 am on May 12, 2023 By Michael Young and Matt Pruznick

Exterior work is nearing completion on One Madison Avenue, a 27-story commercial building in the Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the National Pension Service of Korea, and Hines, the project involves the gut renovation of an existing eight-story structure and the construction of a 19-story addition above its parapet, and will yield 1.4 million square feet of office space and ground-floor retail. NYC Constructors is building the expansion and AECOM Tishman is the construction manager for the property, which occupies a full block at the southeast corner of Madison Square Park between Madison Avenue, Park Avenue South, East 23rd Street, and East 24th Street.

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