YIMBY went on a hard hat tour of One Wall Street, a historic, 51-story Art Deco tower designed by Ralph Walker and completed in 1931. Formerly the headquarters of the Bank of New York and Irving Trust Company, the Financial District icon is currently undergoing a $1.5 billion residential conversion and expansion. A five-story addition is underway and being constructed above the adjoining mid-century annex. SLCE Architects is serving the architect of record while Harry Macklowe of Macklowe Properties is the developer. CORE is handling sales and marketing of the planned 566 housing units.
Permits have been filed for an 18-story senior living facility at 2330 Broadway on the Upper West Side in Manhattan. Located between West 84th Street and West 85th Street, the interior lot is one block south of the 86th Street subway station, serviced by the 1 train. As previously reported by YIMBY, the site is under development by Welltower, Inc. and is the second senior living property in New York City for the global health provider. Real estate investment firm Hines is also a co-developer.
Ceruzzi Properties has officially launched sales at The Centrale, a new 71-story condominium building designed by Pelli Clarke Pelli with executive architects SLCE. Located at 138 East 50th Street, the structure towers 800 feet above Midtown East, Manhattan and contains 124 residential units.
YIMBY recently went on a hard hat tour of the upper floors of Jean Nouvel’s 53 West 53rd Street residential skyscraper. The uniquely tapered diagrid structure is topped out at 1,050 feet with the façade almost entirely installed. The supertall is being developed by Hines, while SLCE Architects and Adamson Associates are the architects of record. The condominiums are being marketed by Corcoran Sunshine.
Excavation has begun for One Boerum Place in Downtown Brooklyn. The upcoming ground-up, mixed-use condominium tower will rise 21 stories on a narrow, triangular-shaped plot of land. The site is bound by Boerum Place, Red Hook Lane, and Fulton Street. SLCE Architects is the designer while Avery Hall Investments, Allegra Holdings, and Aria Development Group are the developers. The joint venture team was recently able to acquire a $165 million construction loan from Jutland Finance. The total cost of One Boerum Place is expected to be around $250 million.