Downtown

Excavation Begins On 10-Story, 83-Unit Mixed-Use Project At 196 Orchard Street, Lower East Side

6:00 am on October 30, 2015 By Reid Wilson

Earlier this year, YIMBY revealed renderings of Magnum Real Estate Group and Real Estate Equities’ 10-story, 83-unit mixed-use building planned at 196 Orchard Street, on the Lower East Side. Now that demolition is complete on the site’s old commercial buildings, excavation work appears imminent, per Bowery Boogie. A pile driver has appeared on-site as well as other excavation equipment. Once complete, the building will also have 13,463 square feet of retail space on the ground floors, and Ismael Leyva is designing.

Six-Story, Six-Unit Residential Project Rises At 64 East 1st Street, East Village

11:00 am on October 27, 2015 By Reid Wilson

Last summer, construction kicked off at 64 East 1st Street, in the East Village, where MGM Property Group and Ekstein Development are building a six-story, six-unit residential building, and now steel-frame construction is up to the third floor, according to EV Grieve. The full-floor condominiums, which average 2,185 square feet, will have two-bedroom configurations and outdoor terraces. GF55 Partners is designing, and completion is expected in 2016.

Expansion Tops Out At 19-Story, 140-Unit Extended-Stay Hotel At 84 William Street, Financial District

6:00 am on October 27, 2015 By Reid Wilson

Korman Communities, Shorewood Real Estate Group, and Prodigy Network have recently topped out their 19-story, 140-unit extended-stay hotel building at 84 William Street, in the Financial District, courtesy of a YIMBY reader. The AKA brand will manage the building, and guest suites will range from a few hundred square feet to 1,000 square feet. In addition to the hotel lobby, retail space and a restaurant will be located on the ground floor. Asfour Guzy Architects is designing, and completion can probably be expected in early 2016.

Eight-Story, 44-Unit Mixed-Use Building Now Rising At 100 Avenue A, East Village

2:00 pm on October 26, 2015 By Reid Wilson

In the beginning of September, concrete and rebar rose from the ground at 100 Avenue A, in the East Village, where Ben Shaoul initially planned a six-story, 29-unit residential building with retail space. EV Grieve points out the building has climbed to an unexpected seventh floor, and, per the DOB, an eighth floor is on the way. The building will now contain 44 residential units, averaging 735 square feet, and Blink Fitness is expected to take 12,000 square feet on the ground floor. Issac & Stern Architects have designed the project, and completion is expected next year.

Developers Close On 45 Broad Street, Plan 65-Story Condo Tower, Financial District

6:00 am on October 26, 2015 By Reid Wilson

Back in August, YIMBY brought you news that Madison Equities was in contract for the development site at 45 Broad Street, in the Financial District, and now the developer has closed on the property for $86 million. Madison Equities is partnering with Pizzarotti-IBC to build a 65-story condominium tower, potentially totaling 290,000 square feet. AMS Acquisitions is also a minority investor, and Cetra/Ruddy is designing the project. Completion of the tower is tentatively scheduled by 2019.

50 West Street is Topped Out And Nearing Exterior Completion

8:00 am on October 23, 2015 By Vitali Ogorodnikov

Exterior completion is approaching for one of the most dramatic additions to the Downtown skyline in decades. The Helmut Jahn-designed residential skyscraper at 50 West Street reached its full height of 784 feet in September. As of today, most scaffolding has been removed from the crown, revealing a slanted concrete halo. The elegant concrete band will soon be obscured by a cocoon of curvy glass, which is being installed only nine floors below.

10 Sullivan Street Nears the Finish Line in Soho

7:00 am on October 23, 2015 By Rebecca Baird-Remba

The flatiron-shaped facade at 10 Sullivan Street in Soho has most of its hand-laid Norman bricks and curved glass, and workers are busily installing bathroom tile and gas fireplaces. The building will eventually top out at 16 stories and hold 22 condos on a triangular lot wedged between Sullivan Street, 6th Avenue, Spring, and Broome Streets.

First Look At Options for Redevelopment of 550 Washington Street, Hudson Square

8:00 am on October 22, 2015 By Nikolai Fedak

Yesterday, the New York Times reported that 550 Washington Street would soon traverse ULURP as its owners, Westbrook Partners and Atlas Capital Group, want to redevelop the existing building in exchange for air rights from the failing Pier 40, which would also be saved. And now YIMBY has the first look at massing diagrams of the proposed plans, which reflect both the as-of-right redevelopment option, as well as what the site would look like if the ULURP application is approved.

75 Kenmare Street in May 2014, photo by Christopher Bride for PropertyShark

Little Italy Parking Garage Set to Expand and Become Apartments, 75 Kenmare Street

2:30 pm on October 21, 2015 By Rebecca Baird-Remba

DHA Capital has filed plans to expand and convert a parking garage into apartments at 75 Kenmare Street, on the corner of Mulberry Street in Little Italy.

With Rooftop Pergola Gone, South Street Seaport Pier 17 Plan Sails Past Landmarks

8:00 am on October 21, 2015 By Evan Bindelglass

One of the most controversial developments in Lower Manhattan got a big thumbs up from the Landmarks Preservation Commission on Tuesday. The LPC approved the Howard Hughes Corporation plan for Pier 17 at the South Street Seaport, which includes demolition of the Link Building. A big point of contention when the plan was presented in August was a proposed rooftop pergola. With that removed, commission approval was a snap. Tuesday’s presentation also revealed some new renderings of the site.

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