Downtown

Housing Lottery Launches for The Houston at 280 East Houston Street in the East Village

The affordable housing lottery has launched for The Houston, a 12-story residential building at 280 East Houston Street in Manhattan’s East Village. Designed by Hill West Architects and developed by SMA Equities, the structure yields 157 residences. Available on NYC Housing Connect are 40 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $33,909 to $218,010.

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Construction Underway At 32-34 Walker Street in Tribeca, Manhattan

Work is underway at 32-34 Walker Street, the site of a seven-story residential building in Tribeca, Manhattan, located at the northeast corner of Walker and Church Streets. Designed by SOMA Architecture and The Turett Collaborative and developed by Urban Capital and Prosper Property Group, the 30,000-square-foot structure will yield five condominium units in three- to four-bedroom layouts, as well as ground-floor retail space. The project will also involve the restoration of the cast iron façade and interiors of 34 Walker Street, a five-story L-shaped building surrounding the construction site.

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French Department Store Printemps Opens At One Wall Street in Financial District, Manhattan

Printemps, the 160-year-old upscale French department store, opened its first U.S. location this morning at One Wall Street in Lower Manhattan’s Financial District. Designed by Laura Gonzalez in the style of a Parisian apartment, the 55,000-square-foot outpost spans two stories and is the final component in the transformation of the historic 564-foot-tall Art Deco skyscraper, which underwent an office-to-residential conversion that finished in 2023. The property yields 566 condominium units, 100,000 square feet of private amenities, as well as a Whole Foods Market and Life Time fitness facility in its base. Printemps is located along Broadway between Wall Street and Exchange Place.

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Affordable Housing Lottery Launches for 25 Water Street in Manhattan’s Financial District

The affordable housing lottery has launched for 25 Water Street, a 32-story office-to-residential conversion and expansion in the Financial District of Manhattan. Designed by CetraRuddy and developed by GFP Real Estate, Metro Loft Management, and Rockwood Capital, the structure yields 1,300 residences. Available on NYC Housing Connect are 330 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $31,955 to $173,340.

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Rendering of 100 Gold Street, courtesy of FXCollaborative

Next Steps Announced For 100 Gold Street Redevelopment In the Financial District, Manhattan

The City of New York has announced the next steps in the redevelopment of 100 Gold Street, a city-owned building planned for conversion into a mixed-income residential building in Manhattan’s Financial District. Led by the New York City Economic Development Corporation (NYCEDC) and the New York City Department of Housing Preservation and Development (HPD), the project will yield approximately 1,000 units and is part of Mayor Eric Adams’ “Manhattan Plan,” which aims to create 100,000 new homes in the borough over the next decade. The 95,000-square-foot building is located at the corner of Gold Street and Frankfort Street.

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