Articles by Michael Young and Matt Pruznick

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

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

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.

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

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.

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251 Douglass Street Readies for Earthwork in Gowanus, Brooklyn

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.

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

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.

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Updated Design Revealed for 350 Park Avenue Supertall in Midtown East, Manhattan

New renderings have been revealed for 350 Park Avenue, a proposed supertall office skyscraper in Midtown East, Manhattan. Designed by Norman Foster of Foster + Partners and developed by Ken Griffin, Vornado Realty Trust and Rudin, the 62-story structure is planned to rise roughly 1,600 feet tall and yield 1.8 million square feet of office space, with 54 percent to be occupied by the hedge fund Citadel LLC. The project site is bound by East 52nd Street to the north, East 51st Street to the south, and Park Avenue to the east.

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