Search Results for: durst organization

December 16, 2016

Durst Organization pays $173.5M for LIC site once slated for tallest tower in Queens

Back in 2015, Property Markets Group and the Hakim Organization announced plans to erect the tallest tower outside of Manhattan in Long Island City at 29-37 41st Avenue. The residential building, then dubbed Queens Plaza Park, would rise 914 feet atop a Queens Plaza site and boast high-end condos and a projected $363.2 million sellout. However, in July 2016, the developers abandoned those plans, putting the site up for sale for an undisclosed amount. Now, as the Times reports, the Durst Organization has scooped up the site for $173.5 million and is considering going forward with the massive construction, but as a rental tower with more than 1 million square feet.
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October 1, 2014

Real Estate Wire: Durst Organization Acquires Astoria’s Hallets Point; 26-Story Tower May Come to Essex Crossing

The Durst Organization has paid more than $100 million to acquire 90% of the Hallets Point residential-retail development along the Astoria waterfront. [Daily News] Landmarks OK’s residential addition for 121-year-old Upper West Side church. [Curbed] 26-story, mixed-use tower proposed for Victoria Theater site in Harlem. [Yimby] Handel Architects filed preliminary permits for a 26-story tower as part of […]

November 2, 2018

The Durst Collection shows ‘New York Rising’ from the 17th century to the skyscraper age

If you want to go on a visual journey that begins with Manhattan's first European settlement, way back in the seventeenth century, up through the skyscrapers and urban planning of the late twentieth century, look no further than New York Rising: An Illustrated History from the Durst Collection. The book, set to come out on November 13th, originates from the sprawling Durst Collection at Columbia University's Avery Architectural & Fine Arts Library. Incredible photography captures the most definitive parts of New York history, accompanied by the thoughts of ten scholars who were asked to reflect on the images. Their writing ranges from the emergence of public transit to the "race for height" to affordable housing. 6sqft spoke with Thomas Mellins, who edited the book with Kate Ascher, on their efforts delving into the Durst Collection -- which has its own unique history -- to come up with this comprehensive visual history. See a selection of photos from the book, along with thoughts from Mellins, after the jump.
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March 27, 2018

First rendering unveiled for Durst’s Long Island City tower, projected to be the tallest in Queens

After picking up the Long Island City property for $173.5 million in 2016, the Durst Organization released this week the first rendering of its massive mixed-use building planned for 29-37 41st Avenue. Dubbed Queens Plaza Park, the 978,000-square-foot tower will hold 958 rental residences, as well as retail and office space. The rendering reveals a concave-shaped building which will wrap around the 90-year old landmarked Clock Tower, which is being saved and restored, as CityRealty reported.
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January 16, 2018

After funding lawsuit against Pier55 offshore park, Durst joins board of Hudson River Park Trust

Manhattan Borough President Gale Brewer appointed Douglas Durst on Friday to the board of the Hudson River Park Trust, a group he has frequently criticized over their proposed Pier55 project. Durst admitted last year to funding a lawsuit to stop the trust's plan for an off-shore park on the Hudson River. While billionaire businessman Barry Diller, who is funding the $250 million project, halted construction in September, the plan was restored a month later, with pressure and financial help from Gov. Andrew Cuomo. Brewer told Crain's that Durst didn't volunteer, she asked him to join the board. "I think he loves the park," she said.
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February 12, 2015

HBO’s Robert Durst Crime Documentary Series Premieres, Is Creepy but Fascinating

“The Jinx: The Life and Deaths of Robert Durst,” the six-part HBO documentary series about the black-sheep older brother of commercial developer Douglas Durst of the multibillion dollar Durst Organization (developers of One World Trade Center), premiered on February 8th. Andrew Jirecki, the director of the series, has a long-held fascination with the program's subject, first directing a feature film, “All Good Things,” in 2010, starring Ryan Gosling in the Durst role. Robert Durst sat for over 20 hours of interviews with the filmmaker–the basis of the controversial series, the draw of which is that it “stars” Robert Durst (now 71) as himself.
more on the series here
April 27, 2023

Dine-in movie theater to open at Bjarke Ingels’ VIA 57 West

A new dine-in movie theater is opening inside a luxury residential building in Midtown next month. Located within the Bjarke Ingels-designed and Durst Organization-developed VIA 57 WEST, Look Dine-In Cinema's new flagship location offers a premium movie experience with large screens, state-of-the-art sound systems, luxury seating, and extensive food and beverage options. The theater opens on Thursday, May 4.
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December 15, 2022

Vote for 6sqft’s 2022 Building of the Year!

Following a year of records, rebounds, and recovery, the real estate industry in New York City went for a roller coaster ride in 2022. And while the luxury market is always shifting, it's never boring. This year, we saw the resumption of projects brought to a stop by the pandemic, sales finally launching at the skyline's newest darlings, and some of the city's most creative architecture in years taking shape. 6sqft's picks are down to 14 of the most notable residential projects this year. Which do you think deserves the 2022 Building of the Year title? Polls for our eighth annual competition will remain open through 12 p.m. on Wednesday, December 28. A winner will be announced on Thursday, December 29. Happy voting!
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September 23, 2022

Lottery opens for 145 affordable units at huge waterfront development in Astoria, from $665/month

Applications are now being accepted for 145 affordable units at a major mixed-use project under construction in Astoria. Located at 3-24 27th Avenue, the 100-percent affordable, 14-story building is part of the Durst Organization's Halletts Point development on the East River waterfront. New Yorkers earning 40 and 60 percent of the area median income, or between $25,372 for a single person and $86,460 for a household of five, are eligible to apply for the rent-stabilized apartments, which range from $665/month studios to $1,601/month two bedrooms.
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January 18, 2022

Lottery opens for 288 apartments at 71-story rental in Long Island City, from $2,132/month

Late last year, leasing launched at Sven, a 71-story rental in Long Island City and the second tallest building in Queens. This week, an affordable housing lottery for 288 middle-income apartments opened at the residential skyscraper located at 2959 Northern Boulevard. Qualifying New Yorkers earning 130 percent of the area median income can apply for the apartments, which range in price from $1,990/month studios to $3,843/month three-bedrooms.
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November 19, 2021

Leasing launches at Queens’ second tallest tower, with rentals priced from $2,950/month

Leasing officially kicked off this week at the second tallest building in Queens, a 71-story rental in Long Island City. Located at 27-29 Queens Plaza North, the building, dubbed Sven, has 958 apartments, with a mix of studios to three-bedroom units priced from $2,950/month. Originally expected to become the borough's tallest building when plans were announced, the tower was surpassed by the Skyline Tower in 2019. Not only do the rentals come with stunning skyline views, but the building is the first in New York City to offer "Spireworks," an app that lets users change the colors of lights at iconic city skyscrapers.
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August 3, 2021

All the NYC companies mandating Covid vaccines for employees

New York City is taking the national lead on Covid vaccine mandates. Last week, both city and state governments said they would require employees to be vaccinated. And today, Mayor de Blasio announced that New Yorkers will need to show proof of vaccination to enter restaurants, gyms, and entertainment venues, the first such policy in the U.S. Many private companies, both local and national, are also following suit and requiring employees to be vaccinated. Some, like developers Durst and Related, say they will fire those who do not get inoculated. Others, like Google, Twitter, Lyft, and Uber, have also extended their work-from-home policies. The following list will be updated as more companies implement vaccination mandates.
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July 28, 2021

New York orders all state workers to be vaccinated or tested regularly

All workers employed by New York State will be required to be vaccinated against Covid-19 or get tested for the virus on a regular basis, Gov. Andrew Cuomo announced on Wednesday. The governor put in place an even more stringent mandate for state hospitals: all patient-facing healthcare workers must now be vaccinated, with no test option offered. The announcement comes days after Mayor Bill de Blasio rolled out a similar requirement for all city workers and as President Joe Biden plans to announce all federal employees and contractors must be vaccinated or submit to testing.
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August 22, 2019

New 2.5-acre complex will bring 500+ rentals to the Astoria waterfront

A sprawling new residential development at 30-77 Vernon Boulevard from Cape Advisors and Wainbridge Capital will bring over 500 rental apartments to the Astoria waterfront area (h/t Yimby). The 522,000-square-foot construction site on two-and-a-half acres of land will be comprised of three adjacent buildings designed by Fogarty Finger. New renderings show a white and gray façade with rooftop recreation areas; amenity spaces will include a private courtyard, indoor and outdoor lounges, a fitness center and a rooftop pool East River and Manhattan skyline views.
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February 21, 2019

Leasing launches for first rental at Astoria’s Halletts Point mega-development, from $2,150/month

Leasing has officially begun at 10 Halletts Point, the first tower of seven to rise at the Durst Organization's development in Astoria. Designed by Dattner Architects, the rental building features two towers, at 22- and 17-stories, originating from the same base. The no-fee rentals at 10 Halletts Point start at $2,150/month for studios, $2,525/month for one-bedrooms, and $3,595/month for two-bedrooms. According to a Durst spokesperson, two studio apartments rented the same day leasing opened and "a couple of thousand" more people have expressed interest. Current concessions offered include one free month of rent on a 13-month lease, and two months free on a 26-month lease.
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November 19, 2018

1 World Trade Center boasts ‘king of TAMI’ status as tech and media firms sign on

According to the building's landlord, the Durst Organization, the 104-story, 3-million-square-foot One World Trade Center tower contains more tech and creative tenants than any other in the city. That's 26 TAMI (Tech, Advertising, Media and Information) tenants, to be exact, 20 of which are in tech, Crain's reports.
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July 20, 2018

Yet another tall tower is headed for Long Island City

42-50 24th Street rendering via Dynamic Star Long Island City has been fertile ground for new skyscrapers for over a decade–and the biggest additions are still yet to come. Despite concerns over an apartment glut, developers are racing to send 60- and 70- story towers skyward, including the Durst Organization's Queens Plaza Park, United Construction's Court Square City View Tower, and Stawksi Partners' 43-30 24th Street. A newcomer to this party is a mixed-use tower from Dynamic-Hakim and Property Markets Group (PMG) set to rise at 42-50 24th Street, CityRealty reports.
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July 9, 2018

Despite 200-foot height cut, 67-story tower in Long Island City will still be Queens’ tallest

The soaring condo tower planned for Long Island City's Court Square shrunk in height this week, dropping from a proposed 984-foot tower to 778 feet, Curbed NY reported. This isn't the first height fluctuation for the building, dubbed the Court Square City View. Developer Chris Xu proposed a 964-foot tower in 2016, bumped it to supertall status at 984 feet in 2017 and now, according to the WSJ, the tower will rise just under 780 feet. Despite reducing in height by more than 200 feet, the tower will still be the tallest building in Queens upon completion.
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April 25, 2018

Condé Nast will sublease nearly one-third of its One World Trade Center headquarters

It was recently revealed that One World Trade Center still has a 25 percent vacancy rate four years after opening its door, and that number is about to grow. The first tenant to move into the building in 2014, Condé Nast is now looking to sublease a third of its one-million-square-foot office space. As part of its consolidation plan, the media company on Monday said it's looking to sublease seven of the 23 floors it currently rents as a way to cut costs, according to the New York Post. It's estimated Condé Nast paid roughly $50 per square foot when it moved in nearly four years ago--space at One WTC is now worth $75 per square foot.
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March 7, 2018

Halletts Point’s first rental tower gets new renderings, launches affordable housing lottery

Less than a month after we got a first look at 10 Halletts Point, the first of seven buildings that will open at the Durst Organization's $1.5 billion Astoria mega-development, the Dattner Architects-designed tower is making headlines on multiple fronts today. Not only did a teaser site go live for the 405-unit rental tower, with even more new renderings, but the affordable housing lottery launched for the project's 81 below-market-rate apartments. These range from $947/month studios to $1,414/month three-bedrooms, all of which are reserved for households earning 60 percent of the area median income.
See the renderings and find out if you qualify for the affordable units
February 16, 2018

Before its summer kickoff, new renderings for Halletts Point’s first rental

The first of the Durst Organization's seven-building, $1.5 billion development on the Astoria waterfront got new renderings this week, months ahead of its scheduled opening. As Curbed NY learned, the developer said leasing will launch for the two-tower 10 Halletts Points this summer. The first building to open on the Halletts Point campus, the tower will feature 405 apartments, of which up to 25 percent will be affordable.
More details here
December 6, 2017

Renderings revealed for the renovated Condé Nast cafeteria, Frank Gehry’s first NYC project

The fabled Condé Nast cafeteria--starchitect Frank Gehry's first ever project in New York--is getting a revamp and will reopen to new tenants in the Four Times Square office tower. The Post reports that the titanium-wrapped, fourth-floor venue is going to be integrated into a $35 million, tenants-only space in the 1.2-million-square-foot tower. The building's owner, the Durst Organization, says that while the space will have more seats, Gehry's signature elements have been preserved, like the curved-glass “curtains,” undulating titanium walls, and banquette seating nooks. 6sqft received a first look at
It'll now be run as a food hall
December 1, 2017

Snag a middle-income apartment in COOKFOX’s EŌS from $1,448/month

EŌS, a COOKFOX Architects-designed 47-rental mixed-use tower in Midtown West, is accepting applications for 19 newly constructed, middle-income studio, one- and two-bedroom apartments. Located at 855 Sixth Avenue (aka 100 West 31st Street), EŌS sits just a quick walk away from nearby shops, restaurants and transit options found in Midtown, Chelsea and the Flatiron District. Qualifying New Yorkers earning 90, 100, 110 and 120 percent of the area median income can apply for units ranging from a $1,448-per-month studio to a $2,519-per-month two-bedroom.
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