A rendering of 666 Fifth Avenue. Credit: Kushner Companies/Zaha Hadid Architects
As 6sqft previously reported, 666 Fifth Avenue owners Kushner Companies and Vornado Realty Trust have been seeking financing for a new skyscraper planned for the site of the Midtown office tower that Kushner purchased for $1.8 billion in 2007; Chinese company Anbang Insurance Group is said to have been considering a substantial stake in the tower. Though it was reported that the redevelopment could be valued at $7.5 billion, the Wall Street Journal now cites sources who say the value could be as much as $12 billion, and that a reported deal with Anbang may be far from a sure thing. That huge number represents the projected value of what Kushner envisions as a 1,400-foot-tall mixed-use luxury tower with a design provided by the late Zaha Hadid in 2015, nine floors of retail, a hotel and big-ticket luxury condos on its upper floors.
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The Van Alen Institute announces their fourth annual Auction of Art + Design Experiences, offering a rare international sampling of curated events with leading names in the creative world. Like an omakase of “distinctive experiences” with some of today’s most notable innovators in the architecture, design and culture spheres, the benefit auction, available via Paddle8, offers a Robert A.M. Stern-led VIP preview of the architect’s addition to the Yale University campus, an afternoon in the archives of Lina Bo Bardi’s Casa de Vidro outside São Paulo, a workout at Medellín Sports Coliseum with its architect, Giancarlo Mazzanti, a visit to a collection of stilted Miami beach houses with architect Terry Riley, meditation studio time with Winka Dubbeldam and a tour of John Lautner-designed horror story homes in the Hollywood hills, to name just a few.
More cool experiences to bid on, ahead
Rendering of Powerhouse Workshop via Herzog & de Meuron
Despite its Superfund status, the Gowanus Canal has ushered in a Whole Foods, an artisanal ice cream factory, and more than one high-end residential development, but one vestige of its gritty, industrial days has remained–the so-called Batcave. Build in 1904 as the Brooklyn Rapid Transit Company’s Central Power Station, the warehouse was taken out of service in the ’50s, becoming in the 2000s a home for squatters, venue for impromptu dance parties, and unofficial street art display. But it looks like the former warehouse will now join the ranks of its Brooklyn-esque neighbors, as the Times reports that Pritzker Prize-winning Swiss architecture firm Herzog & de Meuron will transform the space into an art production factory and exhibition space to be called the Powerhouse Workshop, though it will preserve the iconic graffiti
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After selling the $50 million penthouse at the beginning of the year and celebrating the building’s topping out last month, the Related Companies has unveiled the $65 million penthouse atop their Tribeca condo 70 Vestry, the largest apartment listed in New York this year. The massive, incredibly luxurious home is the crowning jewel of the Robert A.M. Stern-designed project, boasting close to 8,000 square feet of interior space designed by Daniel Romualdez and 3,687 square feet of private outdoor space across three levels and including a rooftop terrace. Benjamin Joseph, Executive Vice President at Related Companies, said in a press release, “A penthouse of this caliber has never before been offered in Tribeca, and may never be again.”
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Despite the claim by some preservationists that the building looked like “a block of swiss cheese,” back in June the Landmarks Preservation Commission approved Maya Lin Studio‘s design of a contemporary mega-mansion in the heart of Tribeca‘s historic district. The plans call for a five-story, 20,000-square-foot home at 11 Hubert Street–including incredible amenities such as an 82-foot swimming pool, basketball/squash court, four-car garage, and an open-air courtyard–and, as the Post reports, the corner site has just hit the market for $35 million, though this doesn’t include the $15 million it’ll cost to actually build the house.
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Residential Building VII, via Scott Frances
With Hoboken long gone and Jersey City well in the throes of gentrification, it makes sense that Newark is the next New Jersey city poised for a renaissance. Not only is it easily accessible via both NJ Transit and the PATH, but its wealth of former industrial buildings lend themselves to a DUMBO-esque revitalization. In the up-and-coming downtown area, Newark native Richard Meier is behind Teachers Village, a 23-acre, mixed-use complex that is well on its way to restoring a sense of community to the neighborhood. The $150 million project will encompass three charter schools, ground-level retail, and 204 residential units with a preference given to educators, all located in six new buildings designed in the starchitect’s signature style of white materials and gridded facades.
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Renderings © Neoscape for Studio Gang Architects
Just yesterday, 6sqft shared the news that Jeanne Gang‘s first ground-up project in NYC–the Solar Carve Tower at 40 Tenth Avenue–had begun construction along the High Line. Now, the Post shares new renderings of the jewel-like, glassy structure, which is so named for its employment of the firm’s strategy that uses the sun’s angles to shape a building. Along with these views of its chiseled edges, connection to the park, terraces, and interior spaces, comes word that developers Aurora Capital and William Gottlieb Real Estate have tapped Bruce Mosler of Cushman & Wakefield to begin leasing the 139,000-square-foot, 12-story boutique office building in anticipation of its 2019 opening.
Lots more details and renderings ahead
For an architect who had yet to break into the NYC scene, Jeanne Gang is now moving full steam ahead. Her firm, Studio Gang, received LPC approvals back in October for their much-hyped, $340 million Museum of Natural History expansion, and now, CityRealty tells us that construction has begun on their razor-edged glass tower along the High Line. Dubbed “Solar Carve Tower” for the firm’s strategy that “uses the incident angles of the sun’s ray to form the gem-like shape,” the 12-story office building will be Gang’s first ground-up project when completed.
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Right before the new year, the highly anticipated condo from Toll Brothers City Living at 121 East 22nd Street in Gramercy reached its full height, providing the first real views of its glassy facade and chiseled corner that resembles a giant crystal. And what makes the structure even more special is the fact that it’s the first NYC project from Pritzker Prize-winning Dutch architect Rem Koolhaas‘s firm the Office for Metropolitan Architecture (OMA).CityRealty now tells us that sales have officially begun, currently ranging from $1.5 million, 761-square-foot one-bedrooms to $4.7 million,2,402-square-foot three-bedrooms, and along with the launch comes the first set of interior renderings and some fresh looks at the exterior and amenity spaces.
More details and all the renderings
When HFZ Capital Group chairman Ziel Feldman needed a bold design for what will be Chelsea‘s largest development in more than a decade, he knew the very-visible, block-long site wanted nothing short of an architectural icon to house the future 950,000-square-foot mix of parking, retail and office space, a 137-room Six Senses Hotels Resorts Spa and 240 condominium apartments. So it should come as no surprise that Bjarke Ingels’ BIG was chosen to design what would be the firm’s second Hudson River-front tower (after Via 57 West). Straddling the High Line and offering sunset river views, the two towers penned by the Danish wunderkind sit atop a four-floor base at 76 Eleventh Avenue, rising to 28 and 38 floors, respectively. CityRealty now brings us a collection of new views and a concept development slideshow of the $1.9 billion project recently published by BIG on their website.
See new images from the slideshow and some scintillating site prep
Zaha Hadid Architects has released a new video in which the firm’s late principal, internationally celebrated starchitect Zaha Hadid, discusses the ideas that influenced the iconic, innovative and controversial design of her first residential project in New York City, the High Line adjacent 520 West 28th Street, developed by Related Cos. The 11-story residence was voted 6sqft’s 2016 Building of the Year and is currently nearing completion.
‘more freedom to innovate’
After the architects at Studio Gang tweaked their proposal for the American Museum of Natural History expansion to preserve more public parkland out front, the Landmarks Preservation Commission unanimously approved the plans in October. And now that things are moving ahead, and the price has jumped from $325 to $340 million, the institution shared new details about how the 235,000-square-foot Richard Gilder Center for Science, Education and Innovation will operate. The update comes with a fresh set of interior renderings, which include views of the Butterfly Vivarium, Insectarium, and other educational spaces.
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The top-floor units at Robert A.M. Stern’s 930-foot 30 Park Place have a way of making headlines. The 82nd floor penthouse, for instance, boasts the highest private outdoor space in the city, and the building’s own developer, Larry Silverstein, recently snatched up the massive 80th floor spread for $34 million. But below these units are two duplex penthouses that span the 78th and 79th floors, notable for their double-height loggias that, as Curbed notes, have become a fixture in classic Stern buildings like 15 Central Park West and 520 Park Avenue. Curbed also got their hands on new photos of penthouse 78B, on the market for $29.5 million, which not only showcase the incredible views from the terrace, but new looks at the interiors.
More looks ahead
When completed, Related Companies‘ and Oxford Properties Group’s 50 Hudson Yards will be the city’s most expensive office building, coming in at $3.94 billion. To make starchitect Norman Foster‘s pricey vision a reality, the developers had filed an application with the New York City Industrial Development Agency to take advantage of financial incentives that were enacted in 2006 to encourage development in Hudson Yards. And according to a new report in Crain’s, the agency has approved $195 million in such tax breaks, which include making fixed payments towards the 985-foot tower’s development costs instead of paying property taxes that vary from year to year, as well as receiving a discount on the mortgage recording taxes.
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The former American Bible Society building (L); SOM’s new design for 1865 Broadway (R)
In the fall of 2015, the American Bible Society moved from their long-time home at Broadway and 61st Street to Philadelphia. Their Columbus Circle/Lincoln Center headquarters was built in 1965 by architects Roy O. Allen Jr. and Donald C. Smith of Skidmore, Owings & Merrill, who created a 12-story Brutalist structure that was the first in the city constructed with load-bearing, pre-cast concrete exterior walls. But with the institution’s recent departure came the sale of the building at 1865 Broadway for $300 million to AvalonBay Communities. The developer returned to the original architectural firm to create a new condo-rental tower at the site, and CityRealty has now uncovered SOM‘s first official rendering of what will replace their former work, which, interestingly enough, harkens back to the Brutalist aesthetic.
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It’s been less than a month since it was revealed that starchitect Norman Foster would be designing the Related Companies‘ and Oxford Properties Group’s 50 Hudson Yards commercial tower, but the developers have already pegged the cost of the project at $3.94 billion, which will make it the city’s most expensive office building, reports The Real Deal. The 985-foot tower, where BlackRock has already signed a 20-year lease for 15 floors, will surpass One Vanderbilt‘s projected $3.14 billion price tag and Bjarke Ingels’ planned $3 billion+ High Line tower known as The Spiral, as well as One World Trade Center‘s current record of $3.8 billion.
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Construction at Rafael Viñoly’s slender skyscraper 125 Greenwich Street has reached street level, but as CityRealty uncovered, the tower that was slated to be taller than 1,000 feet over the summer (and previously 1,400 feet), is back down to 898 feet. Though this now makes it shorter than Fumihiko Maki’s 977-foot 4 World Trade Center one block north, fresh renderings show that the 88-story condo will still offer sweeping views of the city and harbor, which are shown for the first time from interior shots.
More views and details ahead
If your idea of a perfect stocking stuffer is a classic Serge Mouille three-armed ceiling light, the auction of items from the private collection of architect Lee Mindel, which begins today, is just what your gift list ordered. “Light & Aerie: The Collection of Lee F. Mindel, FAIA” includes dozens of rare modernist pieces from the architect’s personal collection. Mindel is moving from his Chelsea loft in a former hat factory to a new aerie in Tribeca’s rare and collectible Herzog & de Meuron-designed “Jenga tower” at 56 Leonard Street; Mindel’s loft is available, too, if you’ve got a really big stocking to fill. Auction house Phillips is handling the sale, which includes stunning pieces ranging from art to furniture, lighting and decorative items by the likes of Jean Prouvé, Antoni Gaudí, Georges Braque, Hans J. Wegner, Ettore Sottsass, Jr. and many, many more.
Check out some of the iconic pieces headed for auction
It’s been 14 months since developer Related Companies bought the site of a former McDonald’s at 34th Street and 10th Avenue, the final parcel needed to complete Hudson Yards. Initial reports said the site of 50 Hudson Yards would hold a 62-story, 1,000+ foot commercial tower, but Related and Oxford Properties Group have now revealed that the structure will rise 58 stories and 985 feet and be designed by starchitect Norman Foster. As first reported by Curbed, the news comes on the heels of BlackRock’s decision to sign a 20-year lease for 15 floors, or 850,000 square feet, in the building, leaving their long-time Park Avenue home in a show of confidence in the mega-complex.
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In October 6sqft reported that work on Thor Equities‘ 7.7-acre waterfront office and retail complex, architect Norman Foster‘s first Brooklyn commission, had begun. A recent meeting between the developers’ representatives and community members to discuss plans for the 818,000-square-foot two-building project on the former site of Red Hook’s Revere Sugar Refinery–known as Red Hoek Point–revealed concerns that the Red Hook community is being excluded from development plans.
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