Ronald O. Perelman Performing Arts Center’s Marble Cladding More Than Halfway Installed in Financial District, Manhattan

Façade installation is continuing to progress on the Ronald O. Perelman Performing Arts Center, a 138-foot-tall performance venue in the World Trade Center site in the Financial District. Designed by REX with Davis Brody Bond Architects as the executive architect and developed by non-profit company The Perelman, the structure is located between Skidmore Owings & Merrill‘s One World Trade Center to the west, Vesey Street to the north, Fulton Street to the south, and Greenwich Street to the east.

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Housing Lottery Launches for 1769 Jerome Avenue in Morris Heights, The Bronx

The affordable housing lottery has launched for 1769 Jerome Avenue, a 16-story mixed-use building in Morris Heights, The Bronx. Designed by Marvel Architects and developed through the Jerome Housing Development Fund, the structure yields 175 residences. Available on NYC Housing Connect are 60 units for residents at 60 to 80 percent of the area median income (AMI), ranging in eligible income from $34,972 to $118,400.

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262 Fifth Avenue

Activity Resumes on 1,011-Foot Supertall at 262 Fifth Avenue in NoMad, Manhattan

Excavation has finally begun at 262 Fifth Avenue, the site of a long-planned 1,011-foot-tall residential supertall skyscraper in NoMad. Designed by Russian-based firm Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project, LLC, the 60-story tower will yield 139,168 square feet of residential space divided into 41 units and 10,850 square feet of retail space on the first two floors. CM & Associates Construction Management, LLC is the general contractor for the project, which is located at the corner of Fifth Avenue and West 29th Street.

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