The Howard Hughes Corporation has received necessary approvals to construct a new 26-story mixed use development at 250 Water Street in South Street Seaport, Manhattan. Designed by Skidmore, Owings & Merrill (SOM), the tower will comprise a mix of market-rate and affordable rental apartments, an office component, retail space, and community facilities.
The Port Authority of New York and New Jersey has reached an agreement with a coalition of financial sponsors to complete a $9.5 billion expansion of JFK International Airport. On December 13, Governor Kathy Hochul officially announced the project, which will include major infrastructure upgrades, the replacement of several aging terminals, new retail destinations, security improvements, and sustainability enhancements.
Hudson River Park Trust has kicked off construction for phase two of the Chelsea Waterside Park Expansion Project. Wedged between 23rd Street, Eleventh Avenue, and the West Side Highway, the project site will eventually include a permanent picnic area, new public restrooms or comfort stations, an expanded turf field for sports, a small concession stand, and an expanded dog run with pet-accessible fountains.
Improvements to a 1.7-mile stretch of State Route 112 in Suffolk County, Long Island are now complete. The $32.7 million project spans from Medford to Coram and includes wider travel lanes, new turning lanes at key intersections, pull-off areas for buses, new drains for stormwater runoff, and a landscaped median. Additional improvements include dedicated bike lanes in both directions, new sidewalks, curb ramps, reflective pavement markings, and crossing signals to enhance safety for pedestrians.
Yesterday afternoon Governor Kathy Hochul revealed numerous new renderings of what the outdated 53-year-old Penn Station and the surrounding Midtown, Manhattan district could soon become. Despite being slightly downsized by 7 percent from former Governor Cuomo’s ten-building master plan, the new proposal still encompasses an incredible 18.3 million square feet of construction and redevelopment. Vornado Realty Trust is the developer of the master plan, which is expected to take four to five years to complete and cost between $6-7 billion.
