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Turn off the water and disconnect the unions to the old faucet.
Take the old faucet off of the sink bracket and unscrew the galvanized pipes from the copper.
Cut the pipes to size with reciprocating saw.
Use a pipe threader to make threads on the new 1/2" galvanized pipe.
Use a pipe-joint compound -- or Teflon tape -- to seal the threads, and screw the new pipes back into the copper pipes.
Add more joint compound to the bottom of the pipes and attach the T-cuff links.
Then attach the lower feed pipes and the new pipes to the faucet.
Screw in the new faucets for the washer.
Install the new appliances, and be sure to hire a professional to hook up the gas line for the dryer.