The City of New York has announced a $38.4 million investment to install heat pumps at the Beach 41st Street Houses in Edgemere, Queens. As part of the Clean Heat for All initiative, the new systems will bring modern, electric heating and cooling to 712 apartments in the NYCHA complex, replacing an outdated gas boiler system.
Materials science R&D company Radical AI has announced plans to establish its new headquarters and fully autonomous research facility at the Brooklyn Navy Yard. The company plans to renovate and repurpose space in Building 20 to create a $4 million lab capable of conducting up to 100 AI-driven experiments daily. Funding for construction includes up to $2 million in performance-based tax credits through the Empire State Development (ESD) Excelsior Jobs Program.
The New School is seeking approval from the Landmarks Preservation Commission for a preservation project at its Educational Building at 70 Fifth Avenue, an individual landmark in Greenwich Village, Manhattan. The 12-story building was built between 1912 and 1914 and designed by Charles Alonzo Rich in the Beaux-Arts style. Bacon Lane Architects is serving as architect of record, with Acheson Doyle Partners as preservation consultant and Cribstone Engineering as structural engineer.
Brookfield Properties has unveiled a new art installation by artist Pierre Huyghe at One Liberty Plaza, a 54-story, 2.3-million-square-foot office skyscraper at 165 Broadway in Manhattan’s Financial District. The centerpiece of the building’s reimagined double-height lobby is A::Light, an interactive ceiling-based artwork that functions as a playable video game. The installation was presented in collaboration with Fine Art Concepts, LLC, with Huyghe represented by Marian Goodman Gallery, and lobby interiors by Gachot Studios.
Witkoff and Access Real Estate have secured a $525 million refinancing package for One High Line, a two-tower mixed-use development at 500 West 18th Street in Chelsea, Manhattan. Designed by Bjarke Ingels Group, the development contains 236 residential units as well as the recently opened Faena Hotel New York. The property straddles the High Line on a trapezoidal plot bounded by West 17th Street, West 18th Street, Tenth Avenue, and West Street.
