The times they are a-changin. At least on Orchard Street, which used to be littered with affordable clothing and luggage stores and home to the famous Saturday street vendors peddling their wares. Today, upscale boutiques and trendy restaurants have moved in, along with rising rents, and 119 Orchard Street is the latest convert.
For over 40 years, Fine & Klein Handbags operated out of the storefront, but closed their doors in 2007. Shortly thereafter in 2008, SAS Property Management bought the property for $4.22 million, filed plans for a new 40-room hotel, and tore down the building in November 2010. Three years later, the plans were amended for a 10-story mixed use space, containing 16 hotel rooms and four residential units. Interestingly, the building height was the same in both renditions. Construction has already commenced, and we’ve just spotted a few new renderings on architect Grzywinski + Pons‘ website.
Take a look at the construction photos as well as building renderings
As many of you architecture buffs know, One WTC now rises a symbolic 1,776 feet, making it the tallest building in the Western Hemisphere and the third tallest in the entire world. Designed by renowned architect David Childs of Skidmore, Owings and Merrill, it also has a LEED Gold certification and is the most environmentally sustainable project of its size. After a temporary real estate slump, the 104-story, glass and steel building is now 56% leased, with big-time tenants like Conde Naste, Morgan Stanley, Legends Hospitality, and BMB Group. Eight years after construction began, One World Trade is at an exciting juncture with its tenants expected to move in by the end of the year, already beginning to build out their office spaces. The original crew of 10,000 has been reduced to 600, and we’re checking in on what these remaining workers are up to.
Check out some amazing photos of the progress at One WTC
The endless race to the top in the NYC skyscraper world continues with Extell‘s Nordstrom Tower, which will rise 1,479 feet, with a spire that reaches a height of 1,775 feet–just one foot shorter than One World Trade. Assuming it’s financed, the sky-high tower at 225 West 57th Street will be the tallest residential building in the world, surpassing Mumbai’s World One Tower by 29 feet, and will reclaim the “tallest roof” category for Manhattan from Chicago’s Willis Tower, which has a roof height of 1,451 feet.
More on the newest soaring addition to the NYC skyline
Demolition permits have been filed with the Department of Buildings for the tallest condominium building south of ‘Billionaires’ Row.’ The approximately 950-foot tower revealed by real-estate blogger YIMBY last month will house 129 condos within a dramatic champagne flute-like design by the architects Kohn Pedersen Fox Associates.
Tentatively named 101 TriBeCa, the uppermost floorplates increase in size to take greater advantage of views uptown and towards the river that most likely will remain unobstructed years to come due to restrictive zoning in TriBeCa and Battery Park City.
more on the new tower here
Here’s a first look at the Naftali Group’s upcoming 60-unit condominium building sited along 265 West 25th Street in Chelsea. The building will rise 12 stories along a charming tree-lined stretch between Seventh and Eighth Avenues. Residences will range from one to three bedrooms.
More on the Development Here
It’s going to be a noisy summer for those living in the BAM Cultural District. Works have started on not one, but two of the glassy towers planned for the area.
The two towers will be located at 286 Ashland Place and 590 Fulton Street, and are designed by Ten Arquitectos and FXFOWLE, respectively. Heavy machinery was recently delivered to the sites and excavation has begun. The two projects are part of a major re-haul of the area around BAM into a new cultural hub for Brooklyn.
More on the two towers here
East Chelsea’s stunning new landmark, the 35XV, is almost complete!
We recently stopped by the site to survey the work that’s been done over the past few months, and by the looks of things, 35 West 15th Street is just waiting for an outer-skin for its podium. Given the rapid progress that’s been made so far, we think it’s safe to say that we’ll be seeing the transformation very soon.
More photos of the progress that’s been made