Pace University’s Campus Expansion Opens at 15 Beekman Street in Financial District, Manhattan

8:00 am on September 28, 2023 By Michael Young and Matt Pruznick

Construction is complete on 15 Beekman Street, a 27-story campus expansion for Pace University in the Financial District. Designed by Manish Chadha of Ismael Leyva Architects and developed by SL Green Realty, the 338-foot-tall tower yields 213,084 square feet for classrooms, administrative and faculty offices, common spaces, suite-style dorm rooms, a dining facility, a library and learning center, and the three-floor Seidenberg School of Computer Science and Information Systems. New Line Structures & Development was the general contractor for the project, which is alternately addressed as 126-132 Nassau Street and located at the corner of Beekman and Nassau Streets.

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Housing Lottery Launches for 1258 Shakespeare Avenue in Highbridge, The Bronx

7:00 am on September 28, 2023 By Vanessa Londono

The affordable housing lottery has launched for 1258 Shakespeare Avenue, a seven-story residential building in Highbridge, The Bronx. Designed by Nikolai Katz Architect and developed by Skyrock NYC Development, the structure yields 90 residences. Available on NYC Housing Connect are 19 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $107,178 to $165,230.

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One Madison Avenue Nears Completion in Flatiron District, Manhattan

8:00 am on September 27, 2023 By Michael Young

Façade installation is nearing completion on One Madison Avenue, a 27-story commercial building in the Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the National Pension Service of Korea, and Hines, the project involves the gut renovation of an existing eight-story structure and the construction of a 19-story glass-clad addition above its roof parapet, and will yield 1.4 million square feet of office space and ground-floor retail. NYC Constructors is building the expansion and AECOM Tishman is the construction manager for the property, which occupies a full city block at the southeast corner of Madison Square Park between Madison Avenue, Park Avenue South, East 23rd Street, and East 24th Street.

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