New Developments

Major Developments, Midtown East, New Developments

270 Park Avenue via MikePScott’s Flickr

Plans to replace JPMorgan Chase’s current headquarters at 270 Park Avenue with a much taller tower at the same site is facing opposition from architecture and preservation buffs, shortly after the proposal was announced. Not only will the project become the largest intentionally demolished building in history, as YIMBY reported, the landmark-worthy Union Carbide Building was also designed in 1960 by Natalie de Blois, a pioneer of American architecture and one of the few female senior designers at that time. As the first project under the Midtown East rezoning, JPMorgan Chase’s existing 700-foot tall structure will be bulldozed to make way for a tower that will most likely be over 1,200 feet tall.

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Major Developments, Midtown East, Policy

A model of what the future 270 Park Ave building might look like via CityRealty

Mayor Bill de Blasio and JPMorgan Chase announced on Wednesday plans to build a new 70-story world headquarters at the site of the bank’s current offices at 270 Park Avenue, the first project under the East Midtown Rezoning plan. Approved by the City Council in August, the rezoning affects 78 blocks running from East 39th Street to East 57th Street and from Third Avenue to Madison Avenue. The updated zoning code is expected to clear the way for 6.5 million square feet of modern office space and allow for taller buildings. JPMorgan Chase’s new building will have enough room for about 15,000 employees, compared to the old building’s capacity of just 3,500 employees.

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Major Developments, Starchitecture, Upper East Side

249 East 62nd Street, Upper East Side, Rafael Vinoly

Rendering of 249 East 62nd Street via Rafael Viñoly Architects

First announced over a year ago and later approved by the city’s Department of Buildings in September, Rafael Viñoly’s residential project planned for 249 East 62nd Street moved forward this week after the architect released a new rendering. As YIMBY reported, the 510-foot building will feature retail and a townhouse at its base, with apartments above it through the 12th floor. The uniqueness of this project’s design lies with its 150-foot-tall octagonally-shaped core, aimed at raising the height of upper-level apartments without counting it toward usable square footage.

Details here

hudson yards, Major Developments, Midtown West, More Top Stories, New Developments, Starchitecture

Rendering of Hudson Yards. Image: Danny Forster Design Studio

Though starchitect Frank Gehry threatened to flee to France after the 2016 election, he’ll likely be sticking around to design new towers at the Hudson Yards mega-development on Manhattan’s west side; Gehry and fellow controversial architect Santiago Calatrava are among those chosen to work on the residential western section of Related Cos. and Oxford Properties’ 28-acre complex, according to a source close to the project who spoke with the Wall Street Journal.

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Bronx, Brooklyn, CityRealty, Manhattan, New Jersey, Queens, Rentals

NYC RENTALS: This week’s roundup of rental news & offers

By Ondel Hylton, Sat, February 17, 2018

Images (Clockwise): 175 KENT APARTMENTS, LENOX TERRACE, RIVERBANK and 1629 PACIFIC ST.

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Astoria, Major Developments, New Developments, Queens, Rentals

The first building of Durst Organization’s seven-building $1.5 billion development on the Astoria waterfront got new renderings this week, months ahead of its 2018 scheduled opening. As Curbed NY learned, the developer said leasing will launch for the two-tower 10 Halletts Points this summer. As 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

Design, Financial District, Major Developments, Manhattan

World Trade Center Performing Arts Center, REX architects, The Perelman Center, Silverstein Properties, World Trade Center architecture

Rendering via REX Architecture

The project to bring a performing arts center to the World Trade Center is finally back on track, almost 15 years after the idea was included in the original vision for rebuilding the area post-9/11. Gov. Andrew Cuomo announced on Thursday an agreement for a 99-year lease between the Port Authority and the World Trade Center Performing Arts Center Inc. (PAC) for $1 per year, paving the way for construction to begin. Named for the billionaire who gifted $75 million to the project, the Ronald O. Perelman Performing Arts Center will include 200,000 square feet of space, three halls and a rehearsal space, a restaurant and a gift shop. If everything moves smoothly, the center could open as soon as the 2020 or 2021 season.

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Cool Listings, New Developments, New Jersey

nine on the hudson, new jersey, penthouse

Photo: VDP

Developer Alexander Hovnanian has introduced a new, head-turning $8 million penthouse at the Nine on the Hudson development in New Jersey’s Port Imperial neighborhood. Inspired by Japanese design and Dutch aesthetics, the home was created to be “incomparable to other penthouses in NJ, even in NYC” atop the new U-shaped 278-unit project on the Hudson River in West New York.

Greenhouse kitchen, glass cube roof deck, this way

Featured Story

Features, New Developments, Nomad, real estate trends, Restaurants

A nomad is defined as “a member of a community of people who live in different locations, moving from one place to another in search of grasslands for their animals.” But it would be hard to imagine any Nomad resident ever straying for grasslands beyond Madison Square Park. After a series of incarnations over the years, Nomad is now a super hip, bustling neighborhood from morning through night with residents, technology businesses (it’s now being referred to as “Silicon Alley”), loads of retail (leaning heavily toward design), great architecture, hot hotels, and tons and tons of food.

Named for its location north of Madison Square Park, Nomad’s borders are a bit fuzzy but generally, they run east-west from Lexington Avenue to Sixth Avenue and north-south from 23rd to 33rd Streets. Douglas Elliman’s Bruce Ehrmann says, “Nomad is the great link between Madison Square Park, Midtown South, Murray Hill and 5th Avenue.”

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Brooklyn, Downtown Brooklyn, Major Developments, Rentals

80 Flatbush Ave, Downtown Brooklyn, Alloy Development

Ahead of its public review, Alloy Development this week released new details and renderings of its proposed mixed-use development at 80 Flatbush Avenue in Downtown Brooklyn. Developers amended the complex’s design, first released in April, following backlash from the community and more than 100 meetings with local stakeholders. While the taller tower will keep its original design with 74 stories, the 38-story building’s profile will be slimmed and feature a masonry facade to complement the neighboring Williamsburgh Savings Bank Tower.  More here

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