Construction Update

Rendering of sky terrace at Pearl House, by Williams New York

Pearl House Expansion Nears Completion At 160 Water Street in Financial District, Manhattan

8:00 am on April 24, 2024 By Michael Young

Construction is nearing completion on Pearl House, a 29-story office-to-residential conversion at 160 Water Street in the Financial District of Lower Manhattan. Designed by Gensler and developed by Vanbarton Group, the project involves the addition of three floors atop the parapet of the 24-story structure and the conversion of its 525,000 square feet of office space to yield 588 rental units in studio to two-bedroom layouts, as well as a suite of amenities. Compass Development Marketing Group is the exclusive leasing and marketing partner for the property, which is bound by Pearl, Water, and Fletcher Streets.

Giorgio Armani Residences Continues Construction At 760 Madison Avenue on Manhattan’s Upper East Side

8:00 am on April 23, 2024 By Michael Young and Matt Pruznick

Exterior work is progressing on the Giorgio Armani Residences, a 12-story mixed-use building at 760 Madison Avenue in the Lenox Hill section of Manhattan’s Upper East Side. Designed by COOKFOX and developed by SL Green Realty and Giorgio Armani Corp., the 189-foot-tall structure will span 91,179 square feet and yield ten condominium units with sales led by Douglas Elliman Development Marketing, as well as a 19,387-square-foot Giorgio Armani flagship boutique. The property is located at the corner of Madison Avenue and East 65th Street.

251 Douglass Street Readies for Earthwork in Gowanus, Brooklyn

7:30 am on April 23, 2024 By Michael Young and Matt Pruznick

Earthwork is getting underway at 251 Douglass Street, the site of a 15-story residential building in Gowanus, Brooklyn. Designed by Fogarty Finger Architects and developed by Charney Companies and Tavros Capital, the structure will span 250,000 square feet and yield 260 rental apartments with 25 percent reserved for affordable housing, as well as ground-floor retail space and on-site parking facilities. The project is alternately addressed as 239 Nevins Street and located at the corner of Nevins and Douglass Streets on a plot formerly occupied by a one-story garage.

Façade Work Continues On Redeemer East Side At 150 East 91st Street on Manhattan’s Upper East Side

8:00 am on April 22, 2024 By Michael Young and Matt Pruznick

Façade installation is progressing on Redeemer East Side, a new 12-story home for the Redeemer Presbyterian Church at 150 East 91st Street in the Carnegie Hill section of Manhattan’s Upper East Side. Designed by STUDIOS Architecture, the 170-foot-tall structure will feature a fellowship hall with a capacity of 300, a 600-seat auditorium for worship and gatherings, 17 classrooms, and a catering kitchen. The Presbyterian organization acquired the property for $29.5 million in 2020 and will relocate to the new facility from its current address at 112 East 75th Street. Pavarini McGovern is the general contractor for the project, which is situated on a 50-foot-wide interior lot between Lexington and Third Avenues.

Excavation Underway At 556 Baltic Street in Gowanus, Brooklyn

7:30 am on April 22, 2024 By Michael Young

Excavation has begun at 556 Baltic Street, the site of an 11-story residential building in Gowanus, Brooklyn. Designed by Input Creative Studio with Baltic Residence LLC as the owner, the 123-foot-tall structure will span 68,808 square feet and yield 92 units with an average scope of 691 square feet, as well as 5,231 square feet of commercial space and a 31-foot-long rear yard. The site is bound by Baltic Street to the north, Butler Street to the south, and 3rd Avenue to the west.

Arloparc Completes Construction at 126 East 86th Street on Manhattan’s Upper East Side

8:00 am on April 21, 2024 By Michael Young

Construction is complete on Arloparc, a 20-story residential building at 126 East 86th Street on Manhattan’s Upper East Side. Designed by Zproekt Architects and developed by Rybak Development and BK Developers, the 79,842-square-foot structure will yield 28 condominium units designed by STUDIO20MIGLIA, as well as 2,700 square feet of commercial space on the ground floor. Rybak is also serving as the general contractor for the property, which is located on a narrow rectangular interior plot between Lexington and Park Avenues.

Render of 26-01 4th Street, courtesy of Lu Ning Architecture

26-01 4th Street Tops Out in Astoria, Queens

7:30 am on April 21, 2024 By Michael Young

Work is progressing on 26-01 4th Street, a 13-story residential building in the Halletts Point section of Astoria, Queens. Designed by Lu Ning Architecture and developed by Ming’s Garden Realty LLC, the structure will yield 143 condominium units in studio to two-bedroom layouts, as well as a 40,034-square-foot community facility and 167 enclosed parking spaces. The property is located on a corner lot bound by 4th Street and 26th Avenue, and was once home to a single-story industrial building.

7 Platt Street Continues to Ascend in Financial District, Manhattan

8:00 am on April 20, 2024 By Michael Young

Vertical progress is continuing at 7 Platt Street, a 37-story mixed-use building in the Financial District of Lower Manhattan. Designed by Hill West Architects and developed by The Moinian Group, the 464-foot-tall structure will span 267,760 square feet and yield 250 rental apartments with interiors by Fogarty Finger, as well as 43,740 square feet of retail space on the first five stories and 34 below-grade parking spaces. AECOM Tishman is the general contractor for the property, which is alternately addressed as 110 John Street and located on an interior lot bound by John Street to the north and Platt Street to the south.

300 East 50th Street Reaches Halfway Mark in Midtown East, Manhattan

8:00 am on April 19, 2024 By Michael Young

Construction is rising on 300 East 50th Street, a 23-story residential building in the Turtle Bay section of Midtown East, Manhattan. Designed by BKSK Architects and developed by MAG Partners in collaboration with Global Holdings, KRW Realty Advisors, Krown Point, and Safanad, the 275-foot-tall structure will span 170,000 square feet and yield 194 units, with 30 percent allocated to affordable housing, as well as ground-floor retail space, a cellar level, and a 30-foot-long side yard. 300 East 50th Street Owner LLC is listed as the owner and Urban Atelier Group is the general contractor for the property, which is located at the intersection of Second Avenue and East 50th Street.

Façade Installation Continues on One Times Square in Times Square, Manhattan

8:00 am on April 18, 2024 By Michael Young

Façade installation is moving along on One Times Square, a 26-story commercial tower at 1475 Broadway in Times Square. Designed by S9 Architecture with SLCE Architects as the architect of record and developed by Jamestown, the $500 million project involves the full gut renovation and re-cladding of the 120-year-old, 395-foot-tall steel-framed structure, along with the addition of new LED displays and public viewing decks with platforms that will overlook the district. Turner Construction Company is the general contractor for the property, which is located on a trapezoidal plot bound by West 43rd Street to the north, West 42nd Street to the south, Broadway to the east, and Seventh Avenue to the west.

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