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Preliminary rendering of 111 Washington Street, formerly 8 Carlisle Street

Excavation Continues for 64-Story Skyscraper at 111 Washington Street in Financial District, Manhattan

Excavation is continuing at 111 Washington Street, the site of a 64-story residential skyscraper in the heart of Manhattan’s Financial District. Designed by Handel Architects and developed by Carlisle New York Apartments and Grubb Properties, which closed on a $48 million loan for the project over the summer, the 712-foot-tall structure will yield 326,221 square feet with 462 residential units, 7,000 square feet of commercial space, and a 60-foot-long rear yard. Consigli Construction is the general contractor for the property, which is alternately addressed as 8 Carlisle Street and located at the corner of Washington and Carlisle Streets.

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1 Park Row Tops Out in Financial District, Manhattan

Construction has topped out on 1 Park Row, a 23-story mixed-use building in Lower Manhattan’s Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will yield 103,000 square feet with 58 condominium units in one- to three-bedroom layouts, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street, directly across the southern tip of City Hall Park. Paris Forino is the interior designer and Ryan Serhant of SERHANT is leading sales and marketing.

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Demolition Finishes for COOKFOX’s 335 Eighth Avenue in Chelsea, Manhattan

Demolition work is complete at 335 Eighth Avenue, the site of an upcoming seven-story residential building in Chelsea, Manhattan. Designed by COOKFOX and developed by MAG Partners and Penn South (aka Mutual Redevelopment Houses, Inc.), the 200,000-square-foot structure will yield 188 residential units with 30 percent dedicated to affordable housing for low- and middle-income residents under the Affordable NY Program, as well as a 23,000-square-foot Lidl grocery store on the ground floor. Titan Industrial SVC Corp served as the demolition contractor and Urban Atelier Group is the general contractor for the property, which is located at the corner of Eighth Avenue and West 26th Street within the Penn South affordable housing cooperative, officially known as Mutual Redevelopment Houses. The project is being co-financed by MAG Partners and global holding company Safanad.

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