Construction is wrapping up on 232 East 54th Street, a 420-foot-tall residential tower in Midtown East. Located between Second and Third Avenues, the 40-story structure is designed by Ismael Leyva Architects and Elk Investors is listed as the developer, though YIMBY last reported that ownership may have fully transferred to Mossanen Group under the East 54th Street Properties LLC.
A rendering has been revealed for a six-story mixed-use building at 106 North Third Street in Williamsburg, Brooklyn. Designed by Michael Muroff Architect and developed by David Kubresi, the CEO of Vigoss, a denim brand based in the Garment District, the 16,605-square-foot structure will yield ten residences spread across 8,450 square feet, as well as 3,200 square feet of ground-floor retail space. The scope of development does not include construction of any enclosed parking.
Construction is complete on 21-59 44th Drive, a six-story mixed-use building in Long Island City, Queens. Designed by Z Architecture, the rectilinear reinforced concrete structure yields 20 residential units, 2,600 square feet of ground-floor retail space, and 361 square feet of community facilities on a plot of land bound by 44th Drive to the south and 23rd Street to the east.
Leasing has officially kicked off at One Boerum Place, a 22-story rental building in Downtown Brooklyn. The new development introduces 96 apartments ranging from one- to four-bedroom layouts and a suite of amenities.
Construction is continuing to progress on the residential conversion of the 90-year-old One Wall Street, a 564-foot-tall Art Deco skyscraper in the Financial District. Developed by Macklowe Properties, the project is expected to cost $1.5 billion and also features an exterior addition designed by SLCE Architects. The undertaking is the largest office-to-residential conversion in New York City history and will feature 566 new units with sales handled and marketed by Compass, as well as a new 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels. The site is bound by Broadway to the west, Wall Street to the north, New Street to the east, and Exchange Place to the south.