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.
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.
The 68-story, 720-foot-tall skyscraper Brooklyn Point is on pace for its 2020 debut as work on its façade is wrapping up in Downtown Brooklyn. The Extell development also known as 138 Willoughby Street is designed by Kohn Pedersen Fox with SLCE Architects as the architect of record, and is part of the third and final phase of the City Point complex. Closings for the 458 residential units, which range from studios to three-bedroom units, are expected to begin early next year with pricing starting at $850,000. AD 100 designer Katherine Newman is in charge of the interior design.
Construction at 555 West 22nd Street has reached street level in Chelsea. Designed by Robert A. M. Stern Architects and developed by Related Companies, the 26-story condominium project is located at 11th Avenue between 22nd and 23rd Streets, not far from Chelsea Piers and the High Line. SLCE Architects is serving as the architect of record. This will be Robert A.M. Stern’s first residential project in Chelsea and will contain a total of 39 units, averaging around 2,245 square feet apiece.