Two Manhattan West Completes Construction in Midtown West, Manhattan

8:00 am on July 3, 2023 By Michael Young

Construction is complete on Two Manhattan West, a 58-story commercial skyscraper in Midtown West. Designed by Skidmore Owings & Merrill and developed by Brookfield, the 935-foot-tall structure is the final component in the five-building Manhattan West master plan and yields 1.9 million square feet of office space directly to the south of its 996-foot supertall fraternal twin, One Manhattan West. W&W Glass is the facade contractor and AECOM Tishman was the general contractor for the Midtown, Manhattan project, which is located at the northwest corner of West 31st Street and Ninth Avenue, between Hudson Yards to the west and the James A. Farley Building to the immediate east.

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Exterior rendering of 66 Clinton Street

66 Clinton Street Nears Completion on Manhattan’s Lower East Side

7:30 am on July 3, 2023 By Michael Young and Matt Pruznick

Construction is nearing completion on 66 Clinton Street, a seven-story residential building on Manhattan’s Lower East Side. Designed by C3d Architecture and developed by Vault Development Partners and TLM Equities, which closed on a $20.1 million construction loan to finish the project, the 23,000-square-foot structure will yield 12 condominium units designed by TalliTien with sales and marketing led by Douglas Elliman Development Marketing. Borough Construction Group is the general contractor for the property, which is located between Stanton and Rivington Streets.

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Rendering of The Peninsula affordable housing campus - WXY Architecture + Urban Design

Developers Secure $297M to Complete Phase Two of The Peninsula Affordable Housing Complex in Hunts Point, The Bronx

7:00 am on July 3, 2023 By Sebastian Morris

Gilbane Development Company, Hudson Companies, and MHANY Management have secured $297 million to complete phase two of The Peninsula, a mixed-use, 100-percent affordable housing complex in Hunts Point, The Bronx. The five-building master plan is being designed by WXY Architecture + Urban Design and Body Lawson Associates, Architects & Planners and will be delivered in three phases.

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Affordable Housing Lottery Launches for 584 4th Avenue in Gowanus, Brooklyn

6:30 am on July 3, 2023 By Vanessa Londono

The affordable housing lottery has launched for 584 4th Avenue, a nine-story mixed-use building in Gowanus, Brooklyn. Designed by ND Architecture & Design and developed by Yoel Werzberger under the Watermark Capital LLC, the structure yields 48 residences. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $94,286 to $198,250.

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1,046-Key Hilton Readies for Grand Opening at 150 West 48th Street in Times Square, Manhattan

8:00 am on July 2, 2023 By Michael Young and Matt Pruznick

Construction is wrapping up on 150 West 48th Street, a 38-story triple-brand Hilton hotel tower in Times Square. Designed by Gene Kaufman Architect and developed by Sam Chang of McSam Hotel Group, the 418-foot-tall, 320,000-square-foot structure will yield 1,046 hotel rooms across the Hampton Inn, Home 2 Suites, and Motto Hotel, Hilton’s newest brand of micro-hotels. McSam Hotel Group purchased the Midtown site for $140 million from Rockefeller Group in early 2019 and received a $250 million loan before construction broke ground the following year. Omnibuild was the general contractor for the project, which is located by the corner of West 48th Street and Seventh Avenue.

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