Downtown

Excavation, Foundations Underway at 1 Park Row in Financial District, Manhattan

Demolition is complete and below-grade work has commenced at 1 Park Row, site of a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Los Angeles-based Parkview Financial last summer, the 103,000-square-foot structure will yield 58 condominiums in one-, two-, and three-bedroom configurations, along with 19,000 square feet of commercial office and retail space on the lower levels. MJM Associates Construction is the general contractor and 1 Park Row Development LLC is the owner of the property, which sits at the intersection of Park Row and Ann Street. Ancora Engineering is in charge of the support of excavation (S.O.E.) and foundations.

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Tree Planting Begins at Gansevoort Peninsula Park on the West Village Waterfront, Manhattan

Tree planting has begun as landscaping work progresses on Gansevoort Peninsula Park, a 5.5-acre public recreational space along the Hudson River waterfront off the West Village. Designed by James Corner Field Operations and commissioned by the Hudson River Park Trust, the park will feature a soccer field surrounded by numerous pathways, stepped seating, a children’s playground, kayak slips, a salt marsh, a dog run, viewing platforms, and Manhattan’s first public sandy beach.

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130 William Street Wraps Up Construction in Financial District, Manhattan

Construction is coming to a close on 130 William Street, a 66-story residential skyscraper in the Financial District. Designed by David Adjaye of Adjaye Associates and developed by Lightstone, the 800-foot-tall structure yields 242 units marketed by Corcoran Sunshine, with prices ranging from $1,300,000 for a one-bedroom apartment to $20,000,000 for a four-bedroom, full-floor penthouse. Hill West Architects served as architect of record for the property, which is bound by William, Fulton, and Gold Streets. Occupancy has already begun as finishing touches wrap up on the exterior.

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Housing Lottery Launches for 524 East 14th Street in the East Village

The affordable housing lottery has launched for 524 East 14th Street, a seven-story residential building known as EVGB in Manhattan’s East Village. Designed by Beyer Blinder Belle and developed by Extell Development Company, the structure yields 54 units within 253,432 square feet. Available on NYC Housing Connect is a waiting list to fill current and future vacancies for 50 units at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $38,195 to $187,330.

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