Office-to-residential conversion

Aerial rendering of 330 West 42nd Street - MdeAS Architects

Partial Commercial-to-Residential Conversion Revealed for McGraw-Hill Building in Midtown, Manhattan

7:30 am on March 16, 2023 By Sebastian Morris

Resolution Real Estate has revealed plans for a partial residential conversion of the McGraw-Hill Building, a 33-story landmarked tower at 330 West 42nd Street in Midtown, Manhattan. The announcement comes on the heels of the firm’s recent completion of a major renovation of the building’s commercial spaces. MdeAS Architects is leading the office and residential conversions, with SLCE Architects designing all apartment layouts.

Evening rendering of The District at 1515 in Parsippany, New Jersey

Developers Land $147M Construction Loan for Mixed-Use Redevelopment Project in Parsippany, New Jersey

7:30 am on January 21, 2023 By Sebastian Morris

A joint venture led by Claremont Development, Stanbery Development Group, and PCCP has closed on a $146.6 million loan to redevelop a vacant commercial campus into a vibrant mixed-use community in Parsippany, New Jersey. The property is located near the Route 10-Dryden Way exit and will debut as The District at 15fifteen.

Rendering of completely repurposed 25 Water Street, New York City, from office to residential, courtesy of CetraRuddy.

Developers Close on $535M Loan to Redevelop 25 Water Street in Financial District, Manhattan

7:30 am on December 29, 2022 By Sebastian Morris

Newmark has arranged a $535.8 million loan to support a 22-story office-to-residential conversion project at 25 Water Street in Manhattan’s Financial District. The joint venture behind the project includes GFP Real Estate, Metro Loft Management, and Rockwood Capital.

'Gustav Klimt Gold in Motion' at Hall des Lumières - © Culturespaces

Hall Des Lumières Opens at the Historic Emigrant Industrial Savings Bank in Civic Center, Manhattan

6:30 am on September 14, 2022 By Sebastian Morris

Culturespaces and IMG have transformed the base of the historic Emigrant Industrial Savings Bank into Hall des Lumières, a multi-level immersive art exhibition and cultural venue at 49 Chambers Street in the Civic Center section of Lower Manhattan. Now open to the public, the 33,000-square-foot space represents a multinational collaboration among 3D projection artists, local design studios, historic preservation teams, and sound designers.

Existing view of 49-51 Chambers Street – Woods Bagot

Culturespaces Wins Approvals for Immersive Gustav Klimt Experience at the Historic Emigrant Industrial Savings Bank in Lower Manhattan

7:30 am on February 12, 2022 By Sebastian Morris

Manhattan’s historic Emigrant Industrial Savings Bank will be reborn as Hall des Lumières, a permanent center for immersive art exhibitions and cultural events. Located at 49-51 Chambers Street in Civic Center, Manhattan proposals to transform the building’s ground floor were subject to review by the Landmark Preservation Commission and approved last August.

DAB Investments Completes Historic Restoration and Conversion at 51 White Street in Tribeca, Manhattan

7:00 am on September 19, 2021 By Sebastian Morris

DAB Investments recently completed a top-down restoration and condominium conversion at 51 White Street, an 1850s-era cast-iron building in Manhattan’s Tribeca Historic District. Scope of work included a commercial-to-residential conversion, an extensive façade restoration, a new mezzanine level, and a two-level expansion above the fifth floor.

Updated rendering of 440 Hamilton Avenue - Rose Associates

Rose Associates Secures $182M in Financing to Complete Mixed-Use Redevelopment at 440 Hamilton Avenue in White Plains

7:30 am on September 11, 2021 By Sebastian Morris

Rose Associates recently closed on $182 million in construction financing to redevelop an existing 13-story office property for residential and retail use. The property is located at 440 Hamilton Avenue in White Plains, New York and will eventually comprise 255 apartments and 3,400 square feet of ground-floor retail.

Aerial rendering of the 25-acre West Windsor Princeton Junction community - AvalonBay Communities

$300M Planned Community Revealed for West Windsor, New Jersey

7:00 am on June 2, 2021 By Sebastian Morris

AvalonBay Communities has partnered with Atria Senior Living and Welltower to complete a $300 million mixed-use community in New Jersey’s West Windsor Township. The community is taking shape near the Princeton Junction Amtrak train station and will comprise mixed-income, age-restricted, and market-rate housing in addition to retail, a public promenade, and a mix of enclosed and surface-level parking.

LPC Reviews Updated Proposals for Emigrant Industrial Savings Bank’s Museum Transformation, in Civic Center

7:30 am on July 23, 2020 By Sebastian Morris

The Landmarks Preservation Commission will again review proposals to partially renovate the ground floor of the historic Emigrant Industrial Savings Bank. The building is located at 49-51 Chambers Street in the Civic Center and could eventually house an immersive digital museum and gallery with rotating exhibitions.

Rendering of immersive exhibition space 'Hall Des Lumieres' - Culturespaces / Woods Bagot

LPC to Review Proposal for Immersive Museum at the Emigrant Industrial Savings Bank, in Lower Manhattan

7:00 am on May 3, 2020 By Sebastian Morris

The Landmarks Preservation Commission is scheduled to review a proposal to partially renovate and repurpose the ground floor areas of the Emigrant Industrial Savings Bank in Lower Manhattan into an immersive digital museum and gallery. Titled “Hall Des Lumieres,” the exhibition would feature 3D projections of the works of famed Austrian painter Gustav Klimt and would require architectural modifications to both the building’s façade and landmarked interiors.

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Office-to-residential conversion

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