Construction is continuing to progress on the residential conversion of the 90-year-old One Wall Street, a 564-foot-tall Art Deco skyscraper in the Financial District. Developed by Macklowe Properties, the project is expected to cost $1.5 billion and also features an exterior addition designed by SLCE Architects. The undertaking is the largest office-to-residential conversion in New York City history and will feature 566 new units with sales handled and marketed by Compass, as well as a new 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels. The site is bound by Broadway to the west, Wall Street to the north, New Street to the east, and Exchange Place to the south.
New renderings have been released for 343 Madison Avenue, a proposed 1,050-foot-tall office supertall in Midtown East. Designed by Kohn Pedersen Fox and developed by Boston Properties, the 753,120-square-foot structure would contain 748,618 square feet of office space, 2,130 square feet of retail space, and 2,372 square feet that will connect below grade to the future East Side Access project with subterranean circulation paths toward Grand Central Terminal. The building is planned to rise in place of the former Metropolitan Transportation Authority headquarters on half of the block between Madison and Vanderbilt Avenues and East 44th and 45th Streets.
Gotham Organization’s contentious new development at 130 St. Felix Street in Downtown Brooklyn is now under review by the Department of City Planning as part of the New York’s Uniform Land Use Review Procedure. Known simply as ULURP, the procedure is required for projects that require special review or modifications to existing zoning regulations.
The first property at M Station, a new commercial complex in Morristown, New Jersey, is now topped out. Located in the heart of the city’s downtown area, the building will debut as M Station East and house a mix of Class-A office space and retail suites.
Permits have been filed for a five-story mixed-use building at 12 Rockwell Place in Fort Greene, Brooklyn. Located between Dekalb Avenue and Fulton Street, the through lot is also addressed as 623 Fulton Street. The site is within walking distance of the Dekalb Avenue subway station, serviced by the B, Q, and R trains and the Nevins Street station, serviced by the 2, 3, 4, and 5 trains. Rabsky Group under the 625 Fulton A LLC is listed as the owner behind the applications.