1,436-Foot Tall 80 South Street Becomes Largest Likely Casualty Of Chinese-Owned Development Bust

Ever since the Beijing-based conglomerate China Oceanwide Holdings acquired two sites in New York’s South Street Seaport from Howard Hughes Corp. in the Financial District in 2016 for $390 million, the site’s future has remained as opaque as the company itself. Oceanwide apparently planned to build a mixed-use supertall as high as 1,436 feet at 80 South Street (which includes the second site it purchased from Howard Hughes at 163 Front Street).

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Rendering Revealed for 25 West 24th Street, in The Flatiron District

When YIMBY last checked in on the site for 25 West 24th Street back in 2016, a 47-bed homeless shelter was in the works, proposed by the Department of Homeless Services (DHS). Now, a new rendering by Issac & Stern Architects has revealed the planned exterior for the project in Manhattan’s Flatiron District, which indicates a substantial change in plans. The new structure shown looks to stand 18 stories tall, and is located between 5th and 6th Avenue.

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221 Port Richmond Avenue, Staten Island

48 Affordable Housing Units Coming to 221 Port Richmond Avenue, Staten Island

New construction permits have been filed for a six-story mixed-use building at 221 Port Richmond Avenue, in Staten Island’s Port Richmond neighborhood. The corner site, between Castleton Avenue and Anderson Avenue, will soon be home to 48 affordable housing units, to be completed by 2021. Located in a commercial area, the lot is about a 22 minute bus ride along Castleton Avenue to the St. George ferry terminal that connects to Manhattan. Hudson Companies is listed as the owner behind the applications.

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