The Municipal Art Society of New York has received a $200,000 grant from The New York Community Trust to support historic preservation projects in local neighborhoods. Known as the Enduring Culture Initiative, the program aims to widely distribute the benefits of historic preservation at sites and neighborhoods with unique character and cultural significance.
New Empire Corp. will soon welcome new residents to its latest condominium development at 208 Delancey Street on Manhattan’s Lower East Side. Designed by ODA Architecture, the 12-story building contains 85 units in studio to three-bedroom layouts.
Preparation work has begun for the residential conversion of 25 Water Street, a 22-story former office building in Manhattan’s Financial District. Designed by CetraRuddy and developed by GFP Real Estate, Metro Loft Management, and Rockwood Capital, the project involves the construction of ten new stories above the parapet of the existing structure, the replacement of its brick façade with a modern fenestration with more expansive windows, and the gut renovation of its 1.1 million square feet of interiors into 1,300 rental units. When complete, the conversion will be the largest ever in the United States by unit count, surpassing the recent redevelopment of One Wall Street with its 566 condominiums. Pavarini McGovern is the general contractor for the property, which is Water Street to the north, 2 New York Plaza to the south, the New York Vietnam Veterans Memorial to the east, and Broad Street to the west.
New permits have been filed for a 24-story mixed-use building at 147-35 95th Avenue in Jamaica, Queens. The L-shaped site spans from 94th to 95th Avenues and borders 148th Street and Sutphin Boulevard, and the lot is near the Sutphin Boulevard-Archer Avenue-JFK Airport subway station, serviced by the E, J, and Z trains. Joel Weiss of Heartfelt Townhouse Build is still listed as the owner behind the applications.
Construction is nearing completion on 217 West 20th Street, a six-story private residence in Chelsea, Manhattan. Designed by TEN Arquitectos in collaboration with Elsa Ponce Architectural Design and developed by Bermuda Overseas Mission under the 217 West 20th Street LLC, the structure will yield 11,000 square feet with a ground-floor garage. Wesbuilt Construction Mangers is the general contractor for the property, which is located between Seventh and Eighth Avenues.
