New Developments

Long Island City, Major Developments, New Developments, Queens, Rentals

jackson park, tishman speyer, long island city

Rendering of Jackson Park courtesy of Tishman Speyer

As the Long Island City skyline continues to grow, so does the list of amenities developments are offering residents in the booming Queens neighborhood. New renderings of the massive, three-tower, 1,871-unit rental complex, Jackson Park, reveal extravagant luxuries like two swimming pools, a gaming area, a full-size basketball/volleyball and squash court, and much more, as the New York Post reported. With move-ins expected in January, leasing has officially begun at the Tishman Speyer-complex, with net rents starting at $1,915 per month studios, $2,335 per month one-bedrooms, $3,555 per month for two-bedrooms, $4,745 per month for three-bedrooms and $7,310 per month for four-bedrooms.

Take a peek

affordable housing, Long Island City, Major Developments, Queens

Rendering of Hunters Point South courtesy of Handel Architects

Plans to redevelop Hunters Point South, a project first proposed by former Mayor Michael Bloomberg, is finally making some headway. The city’s Department of Housing Preservation and Development and the Housing Development Corp. on Thursday selected a proposal that will bring a 1,120-unit apartment complex, with 80 percent of them permanently affordable, to the southern tip of the Long Island City neighborhood. According to the Wall Street Journal, the $500 million, two-tower project is being developed by Gotham and RiseBoro Community Partnership Inc.

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

New Developments, Policy, Sutton Place 

3 Sutton Place, 428 East 58th Street, NYC condo buildings, Norman Foster, Foster + Partners

The original rendering of 3 Sutton Place by Foster + Partners

The City Planning Commission approved a resident-proposed plan to curb the development of supertall, skinny towers in Sutton Place on Wednesday, capping the height of future buildings. However, because of a clause inserted by the commission, projects already under construction will be grandfathered into the current zoning rules. This comes as good news for Gamma Real Estate, the developer currently constructing an 800-foot-tall residential tower, now called Sutton 58, at 3 Sutton Place. Gamma needs to finish the foundation planned for their luxury condominium tower before the city votes on the rezoning proposal, to be immune from new height restrictions (h/t Crain’s).

More this way

Long Island City, Major Developments, Policy, Queens

Rendering courtesy of WXY architecture + urban design

The plastics company, Plaxall, announced on Tuesday a massive rezoning proposal to allow for a mixed-use district in Anable Basin, the area surrounding a 149-year-old inlet located in Long Island City. Since founding the company more than 70 years ago, the Plaxall family has purchased and rehabilitated properties in the neighborhood and currently manages over one million square feet of space. Achieved through rezoning, the proposal calls for 335,000 square feet for industrial uses, 4,955 housing units with 25 percent of them affordable, a 700+ seat public school and a new, elevated promenade. If the rezoning is approved, construction is anticipated to begin in 2020 with a completion date in 2034, but no official timeline has been set.

Find out more

condos, Hotels, Midtown East, New Developments

Waldorf Astoria will lose 1,000 hotel rooms in renovation

By Emily Nonko, Mon, November 13, 2017

Photo via Wiki Commons

In the coming weeks, the renovation of the Waldorf Astoria Hotel will finally begin–a three-year process to convert much of the building to luxury condos. Hilton Worldwide Holdings, who had owned the landmark since 1972, agreed in 2014 to sell the 1,413-room hotel to Beijing-based financial and insurance company Anbang Insurance Group for $1.95 billion. Since then, the interior was landmarked, Skidmore, Owings & Merrill was tapped to design the project, and the building closed to begin work. Now the New York Post reports that post reno, the Waldorf will only hold 350 hotel rooms–a number that’s “at the low end of recent estimates and much smaller than the number former Waldorf owner Hilton had expected,” according to the paper.

It’s caused some tension

Lower East Side, New Developments

landmark sunshine cinema, lower east side theater

Photo of the Landmark Sunshine Cinema, courtesy of Wikimedia

Plans to demolish the Landmark Sunshine Cinema, a staple of the Lower East Side since 1909, were filed with the city Wednesday. Although the new owners of the historic theater, East End Capital and K Property Group, planned in May to redevelop the space as a mixed-use building with retail and office space, the developers, who paid about $35 million for the site, have changed their mind, the Lo-Down reports. The demolition application calls for a “full demolition of a 3-story commercial building.” The iconic cinema’s doors will close for good in January 2018, when its lease expires.

Find out more

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

FREE RENT: This week’s roundup of NYC rental news

By Ondel Hylton, Sat, November 4, 2017

Images (L to R): HOUSE39, THE CRESCENDO, THE LANE and 180 WATER STREET

  • Live & Play at THE CRESCENDO: Unprecedented Rental in South Bronx Leasing from $2,100/Month [link]
  • One-of-a-Kind Rentals Debut on West Houston Street in Storied Greenwich Village Building [link]
  • Live at The Monterey: Leasing Special at Upper East Side Rental with Health Club and Pool [link]
  • Live at Carnegie Mews; Midtown West Rentals Near Central Park from $2,500/Month [link]
  • Studio to Three-Bedroom Rentals Debut at The Lane; See Inside the Downtown Brooklyn Homes [link]
  • HOUSE39 Reaches New Heights with Rooftop Amenities [link]
  • Leasing Special in Sutton Place; Oriana Offers 13-Month Leases with One Month of Free Rent [link]
  • Leasing Launches at ‘Lenox’ in Paulus Hook; Luxury Jersey City Rentals from $2,290/Month [link]
  • Leasing Special on West 72nd Street: Apartments Above Trader Joe’s Listed with 1 Month Free [link]
  • New Fort Greene Rental ‘Caesura’ Reveals Floor Plans and Pricing; Move-In by December 15th [link]
  • No-Fee Rentals Available at Gateway, Battery Park City’s Original Waterfront Development [link]
  • Penthouse Collection Debuts at 180 Water Street; Luxury Rentals with Downtown Views from $3,295/Month [link]
  • Live at The Forge in Long Island City; Brand New Luxury Rentals from $2,515/Month [link]
  • Leasing Launches at Soho Lofts; Luxury Jersey City Rentals Start at $2,550/Month [link]

SEE MORE RENTAL NEWS AND OFFERS HERE

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

SIGN UP FOR OUR NEWSLETTERS

Thank you, your sign-up request was successful!
This email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.