Construction is nearing completion on the Le Meridien Hotel, a 21-story mixed-use tower at 292 Fifth Avenue in NoMad. The 187-key hotel rises 21 stories tall on a plot between West 30th and West 31st Streets, and is designed by Gene Kaufman Architect and developed by McSam Hotel Group, which purchased the site for approximately $42.4 million in March 2017.
This spring, developers will launch sales at Wonder Lofts, a residential conversion project at a former Wonder Bread Factory in Hoboken, New Jersey. The property is located at 720 Clinton Street and houses 83 loft-style condominiums, 14,400 square feet of indoor and outdoor amenity spaces, and thoughtfully curated interior accents throughout.
The affordable housing lottery has launched for 948 and 954 Herkimer Street, two four-story residential buildings in Bedford-Stuyvesant, Brooklyn. The adjacent 6,128-square-foot developments were designed by Gerald J. Caliendo Architect, and each yield six units. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,572 to $133,120.
For nearly the past year since YIMBY first revealed renderings of SLCE Architects’ 115 East 55th Street, construction progress remained below street level and tucked behind construction fences and machinery for a while. Now a revisit to the Midtown East site shows that the 185-foot-tall residential project has quickly sprung up and is getting close to topping out. Developed by Zeckendorf Development, the ground-up 18-story, 62-unit, 71,961-square-foot edifice is situated directly adjacent to the back eastern elevation of Norman Foster’s 47-story, 660,000-square-foot 425 Park Avenue.
New renderings have been released for River Ring, Bjarke Ingels Group‘s proposed two-skyscraper development in Williamsburg, Brooklyn. Developed by Two Trees Management, the organization behind Domino Park, the undertaking is planned to yield 1,050 homes with 263 affordable housing units as well as a six-acre circular waterfront park designed by James Corner Field Operations. The towers would rise from two vacant rectangular parcels that were once home to a Con Edison electric plant bound by North First Street, North Third Street, and River Street. River Ring is expected to generate about 2,000 construction jobs and more than 500 well-paying permanent jobs upon completion.
