160 Water Street’s Residential Conversion and Expansion Progresses in Financial District, Manhattan

7:30 am on July 4, 2023 By Michael Young and Matt Pruznick

Work is progressing on 160 Water Street, a 29-story office-to-residential conversion and expansion in Manhattan’s Financial District. Designed by Gensler and developed by Vanbarton Group, the project involves the construction of five floors atop the parapet of the 24-story structure and the conversion of its 525,000 square feet of office space to yield 588 rental units in studio to two-bedroom layouts. The overhaul, which is being carried out with a $272.5 million loan from Brookfield Real Estate Financial Partners arranged by Cushman & Wakefield, will also include upgrades to building infrastructure, renovated lobby and common spaces, and the construction of a suite of amenity spaces. Collaborative Construction Management is the general contractor for the property, which is located at the corner of Water and Fletcher Streets.

Read More

Housing Lottery Launches for 24 Studios at The Biltmore in Midtown, Manhattan

6:30 am on July 4, 2023 By Vanessa Londono

The affordable housing lottery has launched for The Biltmore, a 53-story residential building at 271 West 47th Street in Midtown, Manhattan. Designed by Schuman, Lichtenstein, Claman & Efron in 2003, the structure yields 464 residences. Available on NYC Housing Connect are 24 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $101,486 to $146,900.

Read More

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.

Read More
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.

Read More