Articles by Max Gillespie

Restoration Of The Vale Breaks Ground In Prospect Park, Brooklyn

7:30 am on March 18, 2026 By Max Gillespie

The New York Economic Development Corporation (NYC EDC), NYC Parks, and Prospect Park Alliance have broken ground on the $37.5 million restoration of the Vale, an 8-acre project in the northeast corner of Prospect Park in Brooklyn. Funded by the Mayor’s Office, the work is the largest capital allocation in Prospect Park Alliance’s history, with the Alliance’s in-house architects and landscape architects leading the design for a renewed public space centered on nature, quiet reflection, and intergenerational play.

LPC Reviewing Proposal for Modification, Expansion of 69 Gansevoort Street In Meatpacking District, Manhattan

7:00 am on March 17, 2026 By Max Gillespie

A proposal has been submitted to the Landmarks Preservation Commission (LPC) for the modification and expansion of 69 Gansevoort Street in Manhattan’s Meatpacking District. The proposal, assembled by David Bucovy Architect, is being presented for public hearing today. If approved, the project will introduce façade alterations and a rear and rooftop expansion of the existing two-story commercial building. The property is located between Greenwich and Washington Streets.

LPC To Review Proposal For 27 East 4th Street In NoHo, Manhattan

7:00 am on March 16, 2026 By Max Gillespie

The New York City Landmarks Preservation Commission (LPC) is reviewing proposals for a seven-story mixed-use building at 27 East 4th Street in NoHo, Manhattan. Designed by DXA Studio, the 94-foot-tall structure will contain community facility space and ground-floor retail. The project site is located between Lafayette Street and Bowery within the NoHo Historic District Extension, and is currently occupied by a one-story garage structure dating to around 1945–46.

Magnolia Gardens Opens At 39-03 College Point Boulevard In Flushing, Queens

7:00 am on March 15, 2026 By Max Gillespie

Magnolia Gardens, a seven-story transitional housing facility, has opened at 39-03 College Point Boulevard in Flushing, Queens. Designed by Urban Architectural Initiatives and developed by Urban Resource Institute, the New York City Department of Social Services, and Asian Americans for Equality, the building yields 90 apartment-style units for homeless families with children. The project is described by the development team as the first purpose-built shelter of its kind in Flushing. Archstone Builders led construction for the project, which is located between 39th Avenue and Roosevelt Avenue, just east of Flushing Creek.

Henry Hall Sells For $129 Million At 515 West 38th Street In Hudson Yards, Manhattan

7:30 am on March 14, 2026 By Max Gillespie

Amstar Group LLC has acquired Henry Hall, a 33-story, 225-unit tower at 515 West 38th Street in Hudson Yards, Manhattan. JLL Capital Markets represented the seller, a joint venture of Shorenstein Investment Advisers and Dreamscape Companies, in the $129 million transaction. JLL also advised the buyer in securing $71 million in acquisition financing through U.S. Bank. The property is located between Tenth and Eleventh Avenues.

Restoration of Morris-Jumel Mansion Begins in Washington Heights, Manhattan

7:30 am on March 13, 2026 By Max Gillespie

Construction has begun on an approximately $10 million restoration of the Morris-Jumel Mansion, the 1765 landmark located at 65 Jumel Terrace in Washington Heights, Manhattan. NYC Parks Commissioner Tricia Shimamura joined officials from the Historic House Trust, local elected leaders, and community members to mark the start of the project, which aims to preserve Manhattan’s oldest surviving residence. The effort is being undertaken in partnership with NYC Parks, the Historic House Trust, and the Morris-Jumel Mansion, with design work led by Page Ayres Cowley Architecture.

LPC Reviewing Proposal For New Residential Building At 68 West 119th Street In Harlem, Manhattan

7:30 am on March 11, 2026 By Max Gillespie

A proposal has been submitted to the New York City Landmarks Preservation Commission (LPC) for a new five-story residential building at 68 West 119th Street in Harlem, Manhattan. Designed by Gerald J. Caliendo R.A. P.C. for Shlomi Cohen, the structure will yield eight units and a cellar level. The property is located between Fifth and Lenox Avenues within the Mount Morris Park Historic District.

Refinancing Secured For 1250 Broadway In NoMad, Manhattan

7:00 am on March 9, 2026 By Max Gillespie

Real estate development and investment firm Global Holdings has secured a $450 million refinancing for 1250 Broadway, a 39-story office tower in NoMad, Manhattan. Branded as Nomad Tower, the property is a LEED Platinum-certified office building located along Broadway between West 31st and West 32nd Streets. Wells Fargo originated the three-year fixed-rate loan, which was structured as a Green Bond, while Eastdil Secured advised on the transaction. Proceeds from the financing will retire existing debt on the property.

LPC To Review Proposal For New Residential Building At 163 West 122nd Street In Harlem, Manhattan

7:00 am on March 8, 2026 By Max Gillespie

A proposal has been submitted to the New York City Landmarks Preservation Commission (LPC) for a new four-story residential building at 163 West 122nd Street in Harlem, Manhattan. Designed by KDW Architecture in collaboration with AMPM, the 52-foot-tall structure will incorporate design elements to blend with the style of the surrounding Mount Morris Park Historic District Extension. The vacant site is listed as Lot 5 on Block 1907, which is located between Lenox Avenue and Adam Clayton Powell Jr. Boulevard.

NYCHA Announces Completion Of More Than 800 Renovation Projects Totaling Over $5.1 Billion

7:30 am on March 7, 2026 By Max Gillespie

The New York City Housing Authority (NYCHA) has announced that it has completed more than 800 capital construction projects across its public housing portfolio over the past five years, representing over $5.1 billion in investment. The work, carried out across properties in all five boroughs of New York City, has included major upgrades to building systems, apartments, and open spaces. The Authority reported that annual capital expenditures reached $1.25 billion in 2025, the highest level of annual spending in recent years.

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