Retail

Rendering of 70 Pier Street in Yonkers - Ginsburg Development Companies

Construction Begins on a New Multifamily Rental Building at 70 Pier Street in Yonkers

Developers and local officials recently gathered to celebrate the beginning of construction at 70 Pier Street, a new multifamily rental property in Yonkers, New York. Led by Ginsburg Development Companies, the four-story building is located in the city’s Ludlow neighborhood and will eventually contain 36 rental apartments, ground-floor retail space, and parking garage for up to 35 vehicles.

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YIMBY Tours The Landmark, Tiffany & Co.’s Renovated Flagship Store at 727 Fifth Avenue in Midtown, Manhattan

On Friday, April 28, the Tiffany & Co. flagship store reopened its doors to the public at 727 Fifth Avenue after a four-year renovation and structural expansion project in Midtown, Manhattan. Designed by OMA partners Shohei Shigematsu and Jake Forster with interiors by Peter Marino Architects, the undertaking involved the construction of a new three-story volume above the parapet of the 83-year-old building and the gut renovation of 8,400 square feet of its interiors. Now rebranded as “The Landmark,” the commercial property’s modernization was reportedly the largest single-store investment to date by Moët Hennessy Louis Vuitton SE (LVMH), the company’s owner and majority stakeholder. CallisonRTKL was the architect of record, WSP was the structural and MEP engineer, and Structure Tone was the general contractor for the property, which is located at the corner of Fifth Avenue and East 57th Street along Billionaires’ Row.

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305 East 61st Street’s Residential Conversion Progresses on Manhattan’s Upper East Side

Renovation and expansion work is progressing on 305 East 61st Street, an 11-story former storage facility in the Lenox Hill section of Manhattan’s Upper East Side. Designed by ADG Architecture and Design and developed by Madison Realty Capital and Alex Forkosh of Forkosh Development Group under the ASF 61 LLC, the project involves a 30-foot vertical addition to the 130-foot-tall structure and the conversion of its 66,200 square feet of interiors to support 35 condominium units in studio to two-bedroom layouts, as well as 8,180 square feet of retail space on the ground floor and mezzanine level. Honest & Quality Corp. is the general contractor for the property, which is located between First and Second Avenues.

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