New York YIMBY

95 Madison Avenue. Rendering courtesy of NQS Creative.

Renderings Revealed for Emmet Building’s Residential Conversion At 95 Madison Avenue in NoMad, Manhattan

8:00 am on May 12, 2026 By Michael Young and Matt Pruznick

New renderings have been revealed for the residential conversion of the Emmet Building, a 16-story Gothic Revival office tower at 95 Madison Avenue in NoMad, Manhattan. Designed by FXCollaborative and developed by Sunlight Development, the project will convert the building’s 150,000 square feet into 65 condominium units in one- to five-bedrooms layouts, including the exclusive Emmet Penthouse. Work will also include the restoration of the 114-year-old structure’s ornamental limestone façade. The property is located at the southeast corner of Madison Avenue and East 29th Street.

Petersen Commons. Developed by Pennrose.

Petersen Commons Breaks Ground At 1440 Rahway Avenue in Woodbridge Township, New Jersey

7:30 am on May 12, 2026 By Michael Young and Matt Pruznick

Construction recently broke ground on Petersen Commons, a three-story residential building at 1440 Rahway Avenue in the Avenel neighborhood of Woodbridge Township, New Jersey. Designed by Thriven Design and developed by Pennrose, the structure will yield 60 affordable units in one- to two-bedroom layouts for senior veterans 55 and older. The project will also include a superintendent’s residence. The property is located along County Road 514 between Randolph and Omar Avenues, directly south of the 101-unit Greens at Avenel affordable housing complex.

Renderings Revealed For Renovations to 114 West 47th Street In Midtown, Manhattan

7:00 am on May 12, 2026 By Max Gillespie

Renderings have been revealed for a redesigned lobby and amenity space at 114 West 47th Street, a 26-story office tower in Midtown, Manhattan. Designed by HOK for the Durst Organization, the renovations will refit the lobby with a new entrance canopy, gray granite floors, and concave paneled white oak walls. There will also be a new tenant lounge and a conferencing center. The property is located between Sixth and Seventh Avenues.

Permits Filed for 201 Bay 13th Street in Bath Beach, Brooklyn

6:30 am on May 12, 2026 By Vanessa Londono

Permits have been filed for a three-story residential building at 201 Bay 13th Street in Bath Beach, Brooklyn. Located between Cropsey Avenue and Bath Avenue, the lot is near the 20th Avenue subway station, served by the D train. Tracy McCormick of Jonico Construction is listed as the owner behind the applications.

Permits Filed for 170 Williamsburg Street East in South Williamsburg, Brooklyn

6:30 am on May 12, 2026 By Vanessa Londono

Permits have been filed for a seven-story mixed-use building at 170 Williamsburg Street East in South Williamsburg, Brooklyn. Located between Bedford Avenue and Lee Avenue, the lot is near the Marcy Avenue subway station, served by the J, M, and Z trains. Yosef Beer is listed as the owner behind the applications.

2 World Trade Center. Rendering courtesy of Foster + Partners.

2 World Trade Center Resumes Construction in Financial District, Manhattan

8:00 am on May 11, 2026 By Michael Young and Matt Pruznick

Construction is preparing to restart at 2 World Trade Center, a 55-story supertall office skyscraper in Manhattan’s Financial District. Designed by Norman Foster of Foster + Partners and developed by Silverstein Properties, the 1,226-foot-tall structure is the final component of the 16-acre World Trade Center complex and is slated to yield 1.95 million rentable square feet, with American Express as the anchor tenant. The full-block property is bounded by Vesey Street to the north, Fulton Street to the south, Church Street to the east, and Greenwich Street to the west.

Foundations Underway at 57 Fourth Avenue in NoHo, Manhattan

7:30 am on May 11, 2026 By Michael Young and Matt Pruznick

Construction is underway at 57 Fouth Avenue, the site of a ten-story residential building in NoHo, Manhattan. Designed by BKSK Architects and developed by Ilyas Abayev under the 101 E 9 Holdings LLC, the 115-foot-tall structure will span 33,086 square feet and yield 15 condominium units with an average scope of 1,731 square feet. The project will also include ground-floor retail space. The property is alternately addressed as 101 East 9th Street and located at the corner of 4th Avenue and East 9th Street.

Grant Park Completes Construction In Claremont, The Bronx

7:00 am on May 11, 2026 By Max Gillespie

NYC Parks has completed the $17 million reconstruction of Grant Park in Claremont, The Bronx, converting 15 formerly vacant lots and a decommissioned one-block stretch of Grant Avenue into a unified 4.7-acre public open space. The project was funded through the Jerome Avenue Rezoning Initiative, with $16.5 million in mayoral funding and $500,000 from the Bronx Borough President’s office.

Permits Filed for 1327 Leland Avenue in Soundview, The Bronx

6:30 am on May 11, 2026 By Vanessa Londono

Permits have been filed for a four-story residential building at 1327 Leland Avenue in Soundview, The Bronx. Located between Westchester Avenue and Cross Bronx Expressway, the lot is near the Parkchester subway station, served by the 6 train. Shimon Neuman of Madison Tower LLC is listed as the owner behind the applications.

Wrey at 222 Broadway. Rendering courtesy of StreetSense.

New Renderings Revealed For Wrey At 222 Broadway in Financial District, Manhattan

8:00 am on May 10, 2026 By Michael Young and Matt Pruznick

New renderings have been revealed for Wrey, a 31-story office-to-residential conversion at 222 Broadway in Lower Manhattan’s Financial District. Designed by CetraRuddy and developed by TPG Real Estate and GFP Real Estate, the project will transform the structure’s 770,416 square feet into 788 rental apartments and 40,000 square feet of commercial space. The $43.6 million overhaul will also involve the partial re-cladding of the midcentury façade and the construction of a 40-foot extension atop the roof, bringing the total height to 430 feet, according to permits. The property is bounded by Ann Street to the north, Fulton Street to the south, and Broadway to the west.

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