Downtown

PayPal Signs Ten-Year Lease at 345 Hudson and 555 Greenwich in Hudson Square, Manhattan

7:00 am on January 25, 2026 By Max Gillespie and Matt Pruznick

PayPal has signed a ten-year lease to occupy 261,000 square feet at 345 Hudson and 555 Greenwich, an interconnected two-building office property in Hudson Square, Manhattan. Designed by COOKFOX Architects and developed by Hudson Square Properties, a joint venture between Hines, Trinity Church NYC, and Norges Bank Investment Management, the 17-story complex was completed in 2023 and yields 860,000 square feet of office space. PayPal will occupy three floors in the building, which is located between King and Charlton Streets.

LPC To Review Modification Proposal For 112–113 South Street In Financial District, Manhattan

7:30 am on January 22, 2026 By Max Gillespie

A proposal has been submitted for review by the Landmarks Preservation Commission (LPC) to modify two adjoining buildings located at 112 and 113 South Street in Manhattan’s Financial District. The application seeks approval to add dormer windows to the front and rear roof slopes of both buildings. As documented by submitted materials, the project intends to expand habitable attic space within the existing structures. Each building currently stands four stories tall with an attic and includes three residential units and one commercial unit. The properties are located between Peck Slip and Beekman Street.

Public Art Mural Debuts At 77 Water Street Construction Site In Financial District, Manhattan

7:30 am on January 15, 2026 By Max Gillespie

ArtBridge and the Downtown Alliance have unveiled the first mural resulting from a new public art initiative aimed at enhancing construction sites across Lower Manhattan. The installation wraps around all four sides of 77 Water Street, a 26-story tower currently undergoing an office-to-residential conversion led by Vanbarton Group in the Financial District. The artwork, titled I See The Sky From The Other Side, was designed by award-winning artist Eirini Linardaki and spans 700 linear feet of construction fencing at the property, which is bounded by Gouverneur Lane, Old Slip, and Front Street.

LPC To Review Proposal For 432 Hudson Street In West Village, Manhattan

7:00 am on January 11, 2026 By Max Gillespie

The New York City Landmarks Preservation Commission (LPC) is set to review a proposal for restoration and alteration work at 432 Hudson Street, a four-story, four-unit residential building in West Village, Manhattan. Designed by Peter Pennoyer Architects, the project calls for the restoration of its front façade, replacement of the shopfront, rear yard modifications, and the construction of a rooftop bulkhead. The property is located between Morton Street and St. Lukes Place.

75-83 Nassau Street Development Site Sold For $53 Million In Financial District, Manhattan

7:30 am on January 8, 2026 By Max Gillespie

A development site at 75–83 Nassau Street in the Financial District has been sold for $53 million, with plans underway for a new mixed-use tower. JLL Capital Markets arranged the transaction on behalf of seller Lexin Capital and negotiated directly with the buyer, a joint venture between Fulltime Management and Montgomery Street Partners. The property is located between Fulton and John Streets.

Plans Announced for Residential Development at 68 King Street in Hudson Square, Manhattan

7:30 am on January 6, 2026 By Michael Young and Matt Pruznick

Avdoo has finalized its $63 million acquisition of 68 King Street, the site of a forthcoming residential building in Hudson Square, Manhattan. The developer secured the property with the help of a $40 million loan from Valley National Bank and is planning to construct a 200,000-plus-square-foot structure. The project would utilize more than 125,000 square feet of development rights, including air-rights deals and a transit improvement-related bonus. The property is located at the corner of King and Varick Streets.

388 Hudson Street. Designed by Herzog & de Meuron.

New Renderings Revealed for Hudson Mosaic At 388 Hudson Street in Hudson Square, Manhattan

7:30 am on December 22, 2025 By Michael Young and Matt Pruznick

New renderings were recently unveiled for Hudson Mosaic, a proposed 35-story residential building at 388 Hudson Street in Hudson Square, Manhattan. Designed by Herzog & de Meuron and Curtis + Ginsberg Architects, and developed in a collaboration between Camber Property Group, Services for the UnderServed (S:US), and Essence Development, the 335-foot-tall structure will yield 280 affordable homes. The project will also include a new recreational center owned and operated by the Parks Department, as well as a public plaza. The nearly 14,000-square-foot property is located between Clarkson and West Houston Streets.

Hudson Mosaic Moves Forward At 388 Hudson Street In Hudson Square, Manhattan

7:00 am on December 21, 2025 By Max Gillespie

A development team has been selected for Hudson Mosaic, a new affordable housing and community project planned for 388 Hudson Street in Hudson Square, Manhattan. The project will transform an underutilized city-owned site into approximately 280 homes of 100 percent affordable housing alongside a full-scale public recreation center operated by NYC Parks. The property is located between West Houston and Clarkson Streets.

8 Carlisle Street. Designed by Handel Architects.

64-Story Skyscraper Begins Ascent at 8 Carlisle Street in Manhattan’s Financial District

8:00 am on December 20, 2025 By Michael Young and Matt Pruznick

At number 12 on our year-end countdown of the tallest construction projects in New York is Link Apartments 8 Carlisle, a 789-foot-tall residential skyscraper at 8 Carlisle Street in Manhattan’s Financial District. Designed by Handel Architects and developed by Grubb Properties and Pink Stone Capital, the 64-story structure will span 326,221 square feet and yield 462 residential units. The project will also include 7,000 square feet of ground-floor retail space and a 60-foot-long rear yard. The property is alternately addressed as 111 Washington Street and located at the corner of Washington and Carlisle Streets, just south of the World Trade Center complex.

Permits Filed for 80 West Broadway in Tribeca, Manhattan

6:30 am on December 18, 2025 By Vanessa Londono

Permits have been filed for a 13-story mixed-use building at 80 West Broadway in Tribeca, Manhattan. Located at the northwest corner of West Broadway and Warren Street, the lot is one block south of the Chambers Street subway station, served by the 1, 2, and 3 trains. Joseph Roubeni of AW Tribeca Holding is listed as the owner behind the applications.

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