Major Developments

condos, Major Developments, New Developments, Rentals, Starchitecture, Upper West Side 

3 Waterline Square, Rafael Vinoly,

Image courtesy of CityRealty.

Catching up with the rise of Waterline Square has been a pastime of skyline watchers since the project was announced. Now, CityRealty shares a recent Instagram post by designer Rafael Viñoly revealing the newly-installed final piece of the façade at Three Waterline Square, completing its multi-faceted crystal-planed exterior. On the inside, Three Waterline Square’s carefully expressed corners and gently sloping walls allow stunning panoramic river, park, and skyline views.

New images and video this way

affordable housing, Bronx, Major Developments

A previous rendering of 101 Lincoln Avenue via Hill West Architects

The most expensive transaction on record for a development in the Bronx officially closed Wednesday, after Brookfield Property Partners picked up the two sites for $165 million from Somerset Partners and Chetrit Group. Originally, Somerset and Chetrit planned for all of the development’s 849 residential units to be market rate, and while Brookfield intends to keep the same number of apartments, they are designating 30 percent of them affordable, according to the Real Deal.

Find out more

Major Developments, Midtown West, More Top Stories, Transportation

Rendering via the Governor’s office

At a well-timed press event this morning, Governor Cuomo touted the state’s $100 billion building program, the largest in the nation, and said if elected for another term, he’d increase that commitment to $150 billion. Among the many airport redesigns and the subway emergency plan, perhaps no project is more dear to Cuomo’s heart than that of Penn Station. And after a tour of the Moynihan Train Hall, on budget and on track to open by the end of 2020, the Governor announced that the dire safety, security, and circulation situation at Penn Station cannot wait two more years.

While construction wraps up at the LIRR and Amtrak’s future home, the state will build a new LIRR facility in the existing Penn Station. The proposal will double access to the trains with new entrances and an enlarged concourse and will create a permanent public plaza at 33rd Street and 7th Avenue.

All the renderings and details ahead

Construction Update, Major Developments, Midtown West, Top Stories

Moynihan Train Hall, skylights, James Farley Post Office

Via Governor Cuomo’s office on Flickr

At a construction tour of Moynihan Train Hall this morning, 6sqft had the rare opportunity to get up close and personal with the massive skylights that will crown this new concourse. The transformation of the historic James A. Farley Post Office into a bright, modern transportation hub is on time and on budget for its late 2020 opening, at which time it will increase the footprint of Penn Station by 50 percent, providing a new home for the LIRR and Amtrak. To date, 800 people working every day have logged more than one million hours of labor, and the four, massive skylights are perhaps the most stunning example of their efforts.

See all the views

affordable housing, Brooklyn, Major Developments, Policy

A proposal to revitalize Brooklyn’s Brownsville neighborhood was announced one year ago, with a plan to bring a seven-building housing development to the area unveiled last month. And on Thursday, city officials released more details about the massive project, with new renderings and updates on its progress. As part of the Brownsville Plan, the city’s Department of Housing Preservation and Development will bring a new arts center and school run by a group from the Brooklyn Music School and a media lab run by BRIC, new retail and commercial space, and a rooftop greenhouse with locally sourced produce. Plus, two proposals were selected as the NYCx Co-Lab Challenge winners, a competition that sought to find ways to enhance the area’s “nighttime experience.”

Find out more

affordable housing, Bronx, Major Developments, New Developments

Yankee Stadium. Image: pingnews.com via Flickr

New York City Football Club, the Major League Soccer franchise owned by the Yankees and an investment group led by Abu Dhabi billionaire royal Sheik Mansour bin Zayed al-Nahayan, who also owns Manchester City Football Club, may have found a site for its own home stadium after a five-year search. The focus is on a site in the Bronx near Yankee Stadium, which is where the team’s owners had wanted to build the stadium in 2013, as 6sqft previously reported. This time around, the stadium would be part of a multibillion-dollar 20-acre development along East 153rd Street and River Avenue between Yankee Stadium and the Bronx Terminal Market and would also include a park, a hotel and soccer and sports-focused conference center, shops, office space, a school and as many as 3,000 affordable apartments, according to the New York Times.

More details, this way

Hudson Square, Major Developments, real estate trends

Disney, ABC, 77 West 66th

Photo via Wikimedia

The Walt Disney Company announced Monday it will move its operations from the Upper West Side to Lower Manhattan, where the media giant is planning to build modern production space and offices. Disney purchased the rights to develop Trinity Church’s property at 4 Hudson Square for $650 million under a 99-year agreement. The site covers a full city block, bordered by Hudson, Varick, Van Dam and Spring Streets.

“This move represents an historic step forward toward our long-term vision for our New York operations,” Robert Iger, CEO of Disney, said in a statement. “The Hudson Square district is rapidly becoming a dynamic, innovative hub for media, technology and other creative businesses.”

Get the details of the Disney deal

Major Developments, New Jersey

one journal square, kushner companies, jersey city

Old rendering of One Journal Square via KABR Group

A partnership headed by Charles Kushner filed a lawsuit in federal court in Jersey City Wednesday, blaming the mayor’s “political animus” toward all things Trump–and, therefore, Kushner–for sending the company’s residential complex into default earlier this year. According to the New York Times, the suit claims that Jersey City Mayor Steven Fulop issued a default against the $900 million development in order to “appease and curry favor with the overwhelmingly anti-Trump constituents of Jersey City.”

More political animus, this way

affordable housing, Brooklyn, Major Developments, New Developments

Marcus Garvey Extension, Brownsville, HPD

Rendering via L+M and Curtis+Ginsberg Architects

Plans for a seven-building affordable housing development in Brooklyn’s Brownsville were released this week, as part of the city’s revitalization effort in the neighborhood. As part of the “Brownsville Plan,” the proposed project includes eight-to nine-story residential buildings with new retail and community space along Livonia Avenue. The project would extend the existing Marcus Garvey Apartments, a housing complex built in the mid-1970s that currently has many underutilized parking lots (h/t YIMBY). Overall, the more than 900,000-square-foot development will bring over 840 affordable apartments, currently estimated to be set aside for New Yorkers earning 80 percent or below the area median income.

More details here

Architecture, Construction Update, Major Developments, Midtown West

After starting construction last summerSkidmore Owings & Merrill (SOM)‘s reimagined Moynihan Train Hall is now beginning to take shape. Part of Governor Cuomo’s Empire Station Complex revamp of Penn Station, the old James A. Farley Post Office will be transformed into a crystal palace-esque boarding concourse with a 92-foot high skylight atop the 1913 building’s original steel trusses. CityRealty recently got an exclusive aerial look at how construction is progressing on the glass skylights ahead of the Train Hall’s anticipated 2020 opening.

See more construction shots

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.