COOKFOX

550 Washington Street

City Council Approves Five-Building, 1,586-Unit Mixed-Use Project at 550 Washington Street, Hudson Square

Last week, the City Council approved plans for Atlas Capital Group and Westbrook Partners to acquire $100 million worth of air rights from Pier 40, overseen by the Hudson River Park Trust, to develop a 1,586-unit mixed-use complex at 550 Washington Street, in Hudson Square. The project is set to include five towers, the New York Times reported, although their height was not disclosed. Thirty percent of the units, or 475 apartments, will rent at below-market rates through the housing lottery. One of the residential towers will be geared towards “older tenants.” There would also be retail space and a 15,000-square-foot recreation center.


Rendering of 512 West 22nd Street. Via COOKFOX.

Partial Demolition Underway For 11-Story, 137,000-Square-Foot Office Project At 510 West 22nd Street, Chelsea

Only a portion of the former five-story commercial building’s steel skeleton remains at the site of a planned 11-story, 137,081-square-foot commercial building at 510 West 22nd Street, located along the High Line in West Chelsea. The steel beams will be incorporated into the new building, which means the project is technically an expansion. Excavation work is currently taking place elsewhere on the property, as seen in the latest from Tectonic.



550 Vanderbilt Avenue

Façade Installation Underway at Pacific Park’s 17-Story, 278-Unit Condo Building, 550 Vanderbilt Avenue, Prospect Heights

In December of 2015, YIMBY reported on the topping out of the 17-story, 278-unit residential building underway at 550 Vanderbilt Avenue, in Prospect Heights. Now, the structure, which is one of 17 buildings within the Pacific Park mega-development, is having its façade and windows installed, Brownstoner reports. The structure encompasses 359,625 square feet. It includes a 4,731-square-foot ground-floor retail component, and its residential units, which are condominiums, should average 1,173 square feet apiece. The units will come in studio to four-bedroom configurations. Amenities include a library, a lounge with outdoor terraces, a private dining room, a fitness center, a children’s playroom, a landscaped roof deck, an interior communal garden, and an underground parking garage. A partnership between Forest City Ratner Companies and Greenland USA are developing, while COOKFOX Architects is designing. Completion is expected later this year.



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