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affordable housing, housing lotteries, Midtown West

Image courtesy of EŌS

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.

Find out if you qualify

Hotels, hudson yards, Midtown West, New Developments

Sky lounge floating high above the Lincoln Tunnel entrance at AC Hudson Yards Hotel (Credit: Danny Forster Design Studio).

Last year, 6sqft reported that demolition permits were filed by developer Arisa Realty to make way for a hotel that will rise amidst the rapidly-growing Hudson Yards development in far west Midtown, with Epstein Global listed as the architect of record. Now, CityRealty reports that preliminary renderings have appeared on the website of Danny Forster, host of the Discovery Channel show “Build It Bigger,” who is working with the architects on the project’s design. Plans have beens submitted for a 220-key, 120,000-square-foot hotel at 432 West 31st Street, and the the unconfirmed renderings refer to the AC Hotel Hudson Yards (Marriott AC is a subsidiary of Marriott Hotels for which the Hudson Yards hotel would represent one of the first forays into the U.S. market).

Renderings this way

hudson yards, Major Developments, Restaurants

30 Hudson Yards, Related Companies, Oxford Properties, KPF, Kohn Pedesen Fox, TIme Warner, KKR & Co (60)

Rendering of the observation deck at 30 Hudson Yards, via Related Companies

Another deal has been inked for the massive Hudson Yards project, a 26-acre complex developed by Related Companies and Oxford Properties Group, and it will definitely reach new heights. On Tuesday, Related announced that London restaurant and catering company Rhubarb will run a 10,000-square-foot public space in the nearly 1,300-foot supertall 30 Hudson Yards. Rhubarb will operate a bar, restaurant, and event space on the 92nd floor, one floor above the tower’s observation deck, which at 1,100 feet will be the highest outdoor deck in the city. According to Eater and the Post, the company will also open a 5,800-square-foot restaurant on the fifth floor and an indoor-outdoor bar at the observatory.

Find out more

Architecture, Midtown West, Transportation, Urban Design

Drawing of the original Penn Station, re-created. Credit: Jeff Stikeman for Rebuild Penn Station

In August 6sqft reported that major work was underway in the $1.6 billion transformation of Penn Station’s James A. Farley Building into a state-of-the-art, 225,000-square-foot “world-class 21st century transportation hub” called Moynihan Train Hall. That hasn’t stopped the flow of suggestions for how to best make use of New Yorkers’ un-favorite transport hub, which have included Practice for Architecture and Urbanism founder Vishaan Chakrabarti’s proposal to repurpose, then move the old building to create a neighborhood gathering spot and a plan by Columbia University’s DeathLab  to turn the the station into a landscaped cemetery. Among those voices-with-a-vision is Rebuild Penn Station, a group of architects and preservationists whose intent is to recreate the original McKim, Mead and White-designed Penn Station, and a new ad campaign aims to get commuters on board (h/t Curbed).

Find out more

adaptive reuse, Architecture, Midtown West, New Developments

5 Manhattan West. Photo: Laurian Ghinitoiu via REX Architecture

Brookfield Office Properties offered a look at the second building in the nearly-six-million-square-foot, six-building Manhattan West project to be completed. The 16-story office building known as 5 Manhattan West, where Amazon signed a lease for a 360,000-square-foot space, is approaching completion on Tenth Avenue between West 31st and 33rd Streets across from Hudson Yards. Archpaper shares images of the building’s sparkling new look and interiors, the result of some fancy architectural footwork by REX. The 1969 Brutalist office building was nearly everyone’s example of ugly since a 1980s renovation left it clad in brown metal and beige paint. The rechristened building’s new facade wraps it in sleek, form-fitting pleated glass that does more than just look pretty.

More images of the 21st century transformation, this way

condos, Design, Manhattan, Midtown West

Penthouse rendering courtesy of Aman Resorts

Floor plans of the Crown Building’s crown jewel, its five-story penthouse, have revealed what $100 million will buy you at one of the city’s most desirable locations for the super-rich. As the Real Deal learned, the penthouse features two swimming pools, a piano lounge and a full-floor master suite. The 14,000-square-foot pad sits in the actual crown of the building, spanning floors 22-26. The rest of the Billionaires’ Row building at 730 Fifth Avenue isn’t too shabby either; the building includes an 83-key luxury Aman Resorts hotel with a three-story spa, a jazz and cigar club, a few restaurants and 20 luxury condos.

Find out more

Midtown West, real estate trends

ONE57 tower new york christian de portzamparc

Image © Wade Zimmerman courtesy of Agence Christian de Portzamparc (ACDP)

A full-floor, 6,240-square-foot penthouse at Midtown billionaires’ bunker One57 recently sold to an unidentified high bidder–one of five contenders–at a foreclosure auction for $36 million. That number is 29 percent lower than the original $50.9 million price shelled out by Nigerian businessman Kolawole Akanni Aluko for the newly-minted condo in 2014. The fire sale was the fourth resale in the 1,004-foot-tall Billionaire’s Row flagship trophy tower to trade at a loss, according to data from appraiser Miller Samuel Inc., reports Bloomberg. The latest example is the largest discount to date on one of the pricey properties, all of which sends a message to buyers with plans to cash in on the ultra-luxury units in short order. And there are currently 16 apartments at the building listed for sale, most of them by the developer.

Read on

Construction Update, Design, Major Developments, Midtown West, Rentals

606 West 57th Street, TF Cornerstone, West 57th

Construction progress as of mid-October, via CityRealty

In May 2012, TF Cornerstone (TFC) entered a 99-year ground lease for the building’s site that spans nearly a full city block and measures 63,000 square feet. Now topped out and fully skinned, the massive rental at 606 West 57th Street has a less flashy appearance than renderings previously hinted, but still features an impressively imposing, boxy design, as CityRealty reported. Designed by Arquitectonica, the 42-story, 1.2 million-square-foot building will contain a whopping 1,028 apartments. It joins other West Side gems like the Helena and the pyramid-shaped, Bjarke Ingels-designed Via57 West.

See it here

Midtown West

Penn-Farley Complex, Moynihan Station, Farley Post Office, Moynihan Train Hall

Earlier this month, New York City officially pitched four neighborhoods to house Amazon’s HQ2: Long Island City, the Brooklyn Tech Triangle, Lower Manhattan and Midtown West. During its third-quarter earnings call Tuesday, Vornado Realty Trust said the Moynihan Train Hall remains at the forefront of the city’s Midtown West bid, citing the project’s proposed 730,000 square feet of office space and 120,000 square feet of retail as meeting the retailer’s key requirements (h/t Commercial Observer). Vornado, along with Related Companies, Skanska USA, and architecture firm Skidmore, Owings & Merrill, is converting the former James A. Farley Post Office into the Moynihan Train Hall, an effort led by Governor Andrew Cuomo to create a world-class transit center.

More this way

Midtown West, New Developments

Penthouse rendering (Aman Resorts)

Taking its name from an elaborate pyramid-shaped crown, the Crown Building at Fifth Avenue and 57th Street has been described as one of the city’s most desirable retail locations. Michael Shvo and Russian developer Vladislav Doronin bought the non-retail upper floors of 730 Fifth Avenue in 2015 and filed plans to redevelop the Billionaires’ Row property, and new details have been revealed, CityRealty reports. An 83-key luxury hotel with a three-story spa, a members-only lounge, a jazz club and cigar bar and two restaurants will start on the fourth floor. Above the hotel, 20 luxury condominiums known as Aman New York Residences will start on the 11th floor. The building’s crown jewel will be a 14,000 square-foot five-story penthouse on floors 22-26 asking $100 million.

See more, this way

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