Commercial

1 Park Row’s Demolition Nears Street Level in Financial District, Manhattan

8:00 am on March 18, 2022 By Michael Young

Demolition is progressing at 1 Park Row, the site of a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, the 103,000-square-foot structure will yield 58 condominiums in one-, two-, and three-bedroom configurations, along with 19,000 square feet of commercial office and retail space on the lower levels. MJM Associates Construction LLC is the general contractor and 1 Park Row Development LLC is the owner of the property, which sits at the intersection of Park Row and Ann Street. 1 Park Row received a $90 million construction loan from Los Angeles-based Parkview Financial last summer.

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Santaella Gardens - Dattner Architects

Santaella Gardens Affordable Housing Property Debuts at at 1230 Metcalf Avenue in Soundview, The Bronx

7:30 am on March 18, 2022 By Sebastian Morris

Acacia Network and Phipps Houses recently celebrated the grand opening of Santaella Gardens, a 249-unit affordable housing property in the Soundview section of The Bronx. Located at 1230 Metcalf Avenue, available homes are reserved for individuals and households earning between 30 percent and 90 percent Area Median Income (AMI), as well as 25 units for the formerly homeless.

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111 West 57th Street’s Podium Nears Completion in Midtown, Manhattan

8:00 am on March 17, 2022 By Michael Young

Work is nearing full completion on 111 West 57th Street as construction wraps up on the lower podium section of the 1,428-foot residential supertall in Midtown, Manhattan. Designed by SHoP Architects and developed by JDS Development, Property Markets Group, and Spruce Capital Partners, the 84-story skyscraper will yield 60 condominiums designed by Studio Sofield and marketed by The Corcoran Group. WSP is the structural engineer, Jaros, Baum & Bolles is the MEP engineer, R&R Scaffolding Ltd. provided the building maintenance unit (BMU) sitting atop the crown, RWDI consulted with the design of the dampening system, and BuroHappold Engineering is the façade consultant for the tower, which is located between Sixth and Seventh Avenues on Billionaires’ Row.

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50 Hudson Yards Nears Completion in Hudson Yards, Manhattan

8:00 am on March 16, 2022 By Michael Young

Construction is nearing completion on 50 Hudson Yards, a 58-story commercial supertall in Hudson Yards. Designed by Foster + Partners and developed by Related Companies and Oxford Properties, the 1,011-foot-tall skyscraper will yield 2.9 million square feet of office space, making it the largest building by volume in the first phase of Related’s Hudson Yards complex. ArcelorMittal provided the steel, Langan Engineering is the civil and environmental engineer, and WSP is the structural and MEP engineer for the project, which occupies a full-block parcel bound by West 34th Street to the north, Tenth Avenue to the east, West 33rd Street to the south, and Hudson Boulevard to the west.

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