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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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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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.
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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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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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
Rendering via RXR Realty
Earlier this week, Google entered into a contract with Jamestown LP to buy the Chelsea Market building for nearly $2.5 billion, the second largest single sale in New York City’s history. And on Friday, Google reached a tentative deal to expand its footprint at Pier 57, adding another 70,000 square feet of space to its prior 250,000-square-foot agreement. According to Crain’s, the lease will include an additional 50,000 square feet of educational activities and a new ferry landing.
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It’s been over a year since we got our first look at Market Line, the 150,000-square-foot market that will anchor the Essex Crossing mega-development. It will serve as the new home for the Lower East Side‘s iconic, 76-year-old Essex Street Market and boast two indoor parks, a beer garden, 150 food vendors, and 20 retail spaces–all adding up to the city’s largest food hall. Eater now has spotted a fresh set of renderings of Market Line, as well as the first vendor announcement. Among those who will be hawking their grub are Queens’ famed taco spot Tortilleria Nixtamal, the Upper East Side’s 100-year-old German meat market Schaller & Weber, and the East Village’s Ukrainian institution Veselka.
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The lottery for TF Cornerstone’s massive building at 606 West 57th Street officially launched on Tuesday, offering 258 mixed-income rentals in the brand new 42-story tower. Designed by Arquitectonica, the rental, dubbed 606W57, boasts a unique, boxy design and will hold over 1,000 apartments. It sits near other West Side architectural standouts like the pyramid-shaped, Bjarke Ingels-designed Via57 West, as well as the Helena. Qualifying New Yorkers earning 40, 60 and 120 percent of the area median income can apply for units ranging from a $613/month studio to a $2,902/month three-bedroom.
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Lotus Equity Group announced on Monday plans to bring the largest mass timber office building in the United States to the Newark waterfront. Michael Green Architecture has been tapped to design the 500,000-square-foot office building made with a wooden structure for Riverfront Square, a massive mixed-use development proposed for the Broad Street corridor of the Jersey neighborhood, according to the Wall Street Journal. The building will rise in three separate sections to six, eight and 11 stories tall and have a concrete foundation. Its columns, exterior panels, elevators, stairwells and floor systems will be made of mass timber. Interiors will boast exposed wood with a facade covered in metal panels, brick or wood.
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