Ceruzzi Properties and SMI have partnered with Champalimaud Design to deliver a suite of amenity spaces within The Centrale, one of the latest condominium towers to debut in Manhattan’s East Side. Located at 138 East 50th Street, the 71-story building is designed by Pelli Clarke Pelli and SLCE and contains 124 condominiums that entered the market in May 2019.
Work is moving along at One Wall Street, the largest office-to-condominium conversion project in New York City real estate history. The Financial District building has been steadily making progress with its interior makeovers, including the soaring oxblood and orange-colored walls and ceilings of the historic Red Room. Meanwhile, the glass curtain wall for the retail addition on the lower levels, as well as the multi-story addition atop the mid-century annex are becoming more prominent. SLCE Architects is the architect of record, and Macklowe Properties is the developer of the $1.5 billion project. CORE is handling sales and marketing of the planned 566 residential units.
Dunn Development Corp. recently secured $37 million in construction financing for Austin 147, an 80-unit supportive and affordable housing block at 880 East 147th Street in the Mott Haven neighborhood of the South Bronx. CAMBA, a Brooklyn-based nonprofit organization, will provide supportive services to the clients who reside in the building after it’s completed. The new property is expected to debut by summer 2021.
JMH Development and Mettle Property Group recently celebrated the commencement of construction at 36-20 Steinway Street in Astoria, Queens. Located on the northeast corner of Northern Boulevard and Steinway Street, the 158,000-square-foot building will eventually contain a mix of rental apartments and ground-floor retail.
Permits have been filed for an 18-story apartment building at 115 East 55th Street in Midtown East, Manhattan. Located between Park Avenue and Lexington Avenue, the lot is four blocks south of the Lexington Avenue-59th Street subway station, serviced by the N, R, and W trains. Also nearby is the Lexington Avenue-53 Street subway station, serviced by the E and M trains. Zeckendorf Development is listed as the owner behind the applications.