New Developments

Midtown West, New Developments, Top Stories

manhattan west, hudson yards, som, renderings, brookfield properties, new developments, skyscrapers, tall towers, megaproject, midtown west

Five Manhattan West. Rendering via Millerhare.

Governor Andrew M. Cuomo announced today that tech giant Amazon will be growing its presence in New York City. The company just signed a lease for a 359,000-square-foot administrative office at Five Manhattan West, Brookfield Property Partners’ 16-story, 1.8 million-square-foot Skidmore, Owings & Merrill-designed building located on Tenth Avenue between 31st and 33rd Streets. The new addition is expected to create 2,000 new jobs in finance, sales, marketing, and information technology. The offices will be the main New York location for Amazon Advertising, which handles sales, marketing, product, design, engineering and more. “We’re excited to expand our presence in New York–we have always found great talent here,” said Paul Kotas, Amazon’s Senior Vice President of Worldwide Advertising.

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condos, Cool Listings, hudson yards, Midtown West, New Developments, Top Stories

First 15 Hudson Yards penthouse hits the market for $32M

By Michelle Cohen, Wed, September 20, 2017

Fifteen Hudson Yards, Vessel, the shed, thomas heatherwick, Diller Scofidio & Renfro, the Rockwell Group, New Developments, penthouses,

Interior at Penthouse 88B at 15 Hudson Yards. Rendering courtesy of Related-Oxford.

The sleek 910-foot-tall tower at 15 Hudson Yards has held the attention of real estate and skyline watchers since construction began last spring. Just listed for $32 million is penthouse 88B, the first of the building’s four penthouses to arrive on the market. The suitably stunning 5,161-square-foot duplex home sits on the building’s 88th floor near its crown. And even in a city filled with penthouses, several things make this one unique.

This way for more renderings and a floor plan

New Developments, New Jersey, Top Stories, Urban Design

Over the past two decades, the Jersey City waterfront has seen a huge boom in both residential and commercial development, revealing an entirely new skyline of tall, glassy towers. And now real estate investor Mack-Cali wants to embrace this waterfront location in the way that new large-scale developments are doing in Manhattan (Waterline Square) and Brooklyn (Domino Sugar Factory). The firm’s $75 million plan will piggyback on next month’s opening of a new New York Waterway ferry station there and transform the waterfront promenade in front of their 4.3 million-square-foot Harborside office complex into a “one-of-a-kind cultural district” that will include a beer garden, European-style food hall known as The Marketplace, and the Harborside Atrium, an interconnected series of pedestrian routes and lobbies throughout the buildings that will also serve as cultural event space.

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

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

By Ondel Hylton, Sat, September 16, 2017

Images (L to R): TWENTY EXCHANGE, THE PARIS, 25 MONROE PLACE and VANTAGE

  • Upper West Side Rentals: At the Paris New York, the Lobby Sets the Tone [link]
  • Leasing Begins at 293 Hawthorne in PLG; Listings Offer One Month of Free Rent [link]
  • 44 Kent: Brand New No Fee Apartments at Begin Leasing at Greenpoint Waterfront [link]
  • New Harlem Rental at 306 West 142nd Launches Leasing w/ 1 Month Free; Echoing Washington Heights Building Soon to Follow [link]
  • Leasing Begins at Adam America’s 577 Baltic; Prices From $2,308/Month & Up to 2 Months Free [link]
  • Landmark Downtown Skyscraper Now Leasing with Up to 2 Months of Free Rent; See the Listings [link]
  • Dreamy Views + Incredible Amenities in Jersey City; New Rentals Debut from Low-$2,000s [link]
  • Reimagined Prewar Apartments at 25 Monroe Place in Brooklyn Heights, Now Leasing with One Month Free [link]
  • New Listings with Incentives at Long Island City Waterfront Rental Tower [link]
  • Fall Leasing Announced for Lenox, New Amenity-Filled Rental in Jersey City’s Luxury Paulus Hook [link]

SEE MORE RENTAL NEWS AND OFFERS HERE >>

New Developments, New Jersey, Rentals

Soho Lofts Jersey City, Soho West, Jersey City rentals, Manhattan Building Company

Rendering via Soho Lofts

Now that most of Brooklyn has been acronym-ized, developers are moving their marketing magic across state lines. First reported by Curbed, the latest moniker comes to us via developer Manhattan Building Company’s “neighborhood concept” Soho West, so dubbed because it’s south of Hoboken and west of NYC. The ‘nabe name is part of their two-phase project. The first, The Cast Iron lofts, debuted 387 rentals and 20,000 square feet of hipster-fied retail (think a yoga studio, bilingual pre-school, and nonprofit theater) last year, and the second, Soho Lofts, will be ready next month. This rental will have 377 “industrial-inspired” residences starting in the $2,000/month range, as well as “resort-style” amenities such as an infinity pool with private cabanas, 10-person sauna, Zen garden, and an arcade lounge.

Get a look inside

Major Developments, Midtown East, Policy, real estate trends, Top Stories

666 Fifth Avenue, Kushner Companies, Jared Kushner

A rendering of 666 Fifth Avenue, courtesy of Kushner Companies/Zaha Hadid Architects

In 2007, Kushner Companies purchased a 41-story tower in Midtown for $1.8 billion, which was the most expensive real estate deal ever in the U.S. at the time. The transaction of 666 Fifth Avenue, coordinated by Jared Kushner, now a senior advisor to President Donald Trump, was ill-timed, making the purchase just before the economic recession. As the Washington Post reported, the Fifth Avenue project is one of the most financially troubled for Kushner Cos., with one-fourth of office space empty, and its lease revenue not covering monthly interest payments. While Kushner has divested his stake in the property to avoid conflicts of interest, the property’s value has dropped and foreign entities have withdrawn financial support. Currently, Kushner’s dealings are under investigation by special counsel Robert Mueller, as part of the broader investigation into Russian collusion with the Trump campaign.

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Brooklyn, New Developments, Williamsburg

545 Broadway, Lincolns Savings Bank, East Williamsburg

The first renderings for the mixed-use rental development planned for 525-545 Broadway in Brooklyn’s East Williamsburg neighborhood were released this week, showing a creative reimagining of the 20th century Lincoln Savings Bank. As CityRealty learned, the project’s developers Blesso Properties and Bravo Builders, plan on building a 27-story, 298-foot tall building with offices and retail on the lower floors and 218 rental properties above it. The plan also calls for 37,000 square-feet of landscaped space, a food hall, nightlife venue and a wellness center.

See the renderings

Architecture, Bushwick, Major Developments, New Developments

Slated to be the largest influx of housing created in Bushwick ever, ODA Architect’s two projects on the old Rheingold Brewery site continue to progress. Rabsky Group’s 10 Montieth Street, a nearly 400,000-square-foot, seven-story building with 392 units, just topped out. And All Year Management’s impressive development, totaling one million square feet, at 123 Melrose Street is currently being clad. Overall, the two projects will span three full city blocks.

Watch the video

Coney Island, Major Developments, New Developments, Transportation

John Catsimatidis, Ocean Dreams, Coney Island, Major developments, new developments, condos, Brooklyn

A rendering of Ocean Dreams from January via Dattner Architects

As part of his “Ocean Dreams” development in Coney Island, billionaire real estate mogul John Catsimatidis plans to build a streetcar that would link the mixed-use project to the Stillwell Avenue subway station in Coney Island. Developed by Catsimatidis’ Red Apple Group, the project at 3514 Surf Avenue includes three buildings between West 36th and West 37th Streets that will feature retail space, 440 market-rate apartments and a 254-car garage. As the Coney Island News first reported, Catsimatidis said the streetcar would be available to everyone, not just residents of his development.

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

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

By Ondel Hylton, Sat, September 9, 2017

Images (L to R): AVALON BROOKLYN BAY, SKY, HENRY HALL and ELLIPSE

  • Live Inside the World Famous McAlpin Hotel; Spacious Rentals from $2,575/Month [link]
  • South Brooklyn’s Tallest, Avalon Brooklyn Bay, Starts Leasing [link]
  • 30-Story Hudson Yards Rental Opens with Unobstructed Views, Apartments from $3,200/Month [link]
  • Live in the Sky: Coveted 42nd Street Rental Tower Offers 1 Month Free with New Leases [link]
  • Ready to Roll: Long Island City Rentals Atop Car Dealership Will Launch This Fall [link]
  • Bed-Stuy’s 276 Nostrand Avenue Debuts Giving Away One Month of Free Rent [link]
  • Ultra-Luxury Rental 800 Fifth Avenue Offers One Month Free on Two-Year Leases [link]
  • Bed-Stuy’s 752 Quincy Now Offering One Month Free on Remaining Units [link]
  • An Upward Curve for Ellipse: Newport Rental is 60% Leased, Move-Ins Begin [link]

SEE MORE RENTAL NEWS AND OFFERS HERE >>

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