New Developments

Midtown, New Developments, Recent Sales

one57 exterior view, one57 street view

There’s no slowing One57. Yet another blockbuster sale hit city records this morning, bringing the brash blue supertall its third most expensive sale to date—and the city its ninth most expensive condo sale in history. The ultra-luxe pad is the 6,240-square-foot 85th-floor unit, which boasts four bedrooms, four baths, and the lofty, breathtaking views that have have made One57 one of the most coveted buildings amongst the super-rich.

The identity of the buyer was protected by a LLC, but back in 2012, the New York Times reported that he (or she) is an “American who already owned ‘some of the best real estate in the world,’ including two ‘very significant’ places in New York.” According to CityRealty, more stellar sales at the building are slated to hit the books in the coming weeks, with Bill Ackman’s much talked about buy potentially in the mix.

[Related: $100 Million Condo Sale at One57 is NYC’s Most Expensive Ever]

[More on One57 at CityRealty]

Financial District, Major Developments, Starchitecture, Video

Back in October, we revealed renderings for Santiago Calatrava’s Ground Zero Church, which will overlook the 9/11 Memorial. Now we have a BBC video that features Calatrava explaining his vision for Saint Nicholas Church. ArchDaily, who spotted the feature, writes that “the building, which broke ground last year, has been described by Calatrava as a ‘tiny jewel’ for lower Manhattan.” Moreover, when completed, his creation will be the only non-secular building at Ground Zero. Watch the video above to find out what inspired his unique design, as well as the starchitect’s thoughts on creating a structure for a site with such historical and cultural significance.

[via Archdaily]

condos, Lower East Side, New Developments

156-164 Delancey Street condo rendering

It looks like the home of Get Set, Happy Wok, Taj Gold, and Sneaktip will soon be no more. Bowery Boogie reports that Ashkenazy Investments, the owner of the commercial stretch, has just listed their site at 156-164 Delancey Street for $7.5 million. Ashkenazy purchased the property two years ago simply leasing the units out, but as one would expect, they’ve just been waiting for the right moment to make a flip. With this week’s reveal of the SHoP/Handel Architects/Beyer Blinder Belle/Dattner Architects-designed mega-development Essex Crossing just across the street, the timing couldn’t be better.

Find out more here

condos, Midtown West, New Developments, Starchitecture

Manhattan’s Tallest Condominium Tower, Manhattan’s Tallest residential tower, shop architects, JDS Development Group, Property Markets Group, world's slenderest building, world's skinniest building

That’s a lot of accolades for one building, but the SHoP Architects-designed tower at 111 West 57th Street is looking to sweep the supertall competition. Originally planned to rise 1,397 feet, the tower will now soar to 1,421 feet, surpassing 432 Park Avenue (the current tallest residential building in the Western Hemisphere) by 24 feet, according to city records uncovered by Crain’s. It will also retain its title as the world’s slenderest tower.

More details ahead

Architecture, Lower East Side, Major Developments, New Developments

First Four Essex Crossing Buildings Revealed

By Dana Schulz, Thu, January 15, 2015

Essex Crossing, SHoP Architects

Rendering via SHoP Architects

After 45 years of sitting vacant on the Lower East Side, the failed SPURA (Seward Park Urban Renewal Area) project site is being transformed to a $1.1 billion, 1.65 million-square-foot, mixed-use mega-development anchored by 1,000 residential units and a mix of cultural, community, and retail facilities. We’ve gotten snippets here and there on what the Essex Crossing project will look like–such as the Andy Warhol Museum and a 14-screen movie theater–but now Curbed has revealed renderings of the development’s first four buildings.

Construction on phase one of the project, which will occupy sites one, two, five and six (there are nine sites in total), is expected to commence this spring, and the notable architects who will spearhead the charge are SHoP, Handel Architects, Beyer Blinder Belle and Dattner Architects.

See what these architects have planned for Essex Crossing

Art, Long Island City, New Developments

5POINTZ, 5POINTZ mecca, 5POINTZ long island city

5Pointz before being demolished via Garrett Ziegler/Flickr

Back in November we first got wind of G&M Realty’s plan to trademark the 5Pointz name and use it for their new residential towers at the site; now artists connected to the Long Island City graffiti mecca are fighting back. Father-son developers Jerry and David Wolkoff had their trademark application denied twice, most recently on January 6th, for being too similar to a California real estate company. Before their third go, artist Jonathan Cohen (aka MeresOne), who ran 5Pointz for ten years, has started an online campaign advocating to protect the storied name. So far the petition has 2,050 signatures, with a goal of 3,000.

More details on the 5Pointz feud

condos, Midtown East, New Developments

Sony Tower, Philip Johnson, Chetrit Group, 550 Madison Avenue, AT&T Building

Back in June, we learned that the Chetrit Group was planning to partially convert the Philip Johnson-designed Sony Tower at 550 Madison Avenue to high-end condos. And it has now been revealed that the 96 condo units will amount to a jaw-dropping $1.8 billion sellout, according to plans the developer filed with the Attorney General’s office. By comparison, the initial total sellout at One57 was $2 billion, and at 432 Park Avenue it was $2.4 billion.

More on the luxury conversion

Architecture, Chinatown, Construction Update, Lower East Side, New Developments, Rentals

Extell Development, Two Bridges, Chinatown, Lower Manhattan, Adamson Associates, Lend Lease, Manhattan Skyscrapers

Groundwork continues on Extell Development’s 847-foot-tall mega-rental complex at the foot of the Manhattan Bridge. Rumored to be called One Manhattan Square, the project at 250 South Street will bring a staggering 790 luxury rentals and 205 affordable units to a remote section of the Two Bridges/Chinatown neighborhood. The project rises on the former site of a cherished one-story Pathmark supermarket and its sprawling parking lot.

While details of the design remain scarce, public documents reveal a two-towered development of 68 and 23 stories to rise atop a three-story podium that will contain 30,000 square feet of retail. Blogger Bowery Boogie uncovered the residential amenity package, which will include two swimming pools, a health club, basketball court, squash court, bowling alley, golf simulator, and 137 on-site parking spaces.

More details on One Manhattan Square

Events, Major Developments, Midtown East, Urban Design

SL Green, KPF, Kohn Pedersen & Fox, 1 Vanderbilt, Grand Central, GCT, Midtown Rezoning

The proposed East Midtown Rezoning has been a hotly debated issue over the past few years. First introduced by Mayor Bloomberg, and backed by Mayor de Blasio, the rezoning would allow developers to build larger and taller than the current Grand Central Terminal district zoning allows in exchange for financial contributions to the area’s infrastructure needs. The Department of City Planning feels the rezoning would ensure that the area maintains its spot as a global business center, but others think it would forever ruin the historic nature of the neighborhood.

One of the most major components of the project is One Vanderbilt, a 68-story, 1,514-foot zigzag tower that will stand adjacent to Grand Central. Along with the building comes a reconfiguration of the Vanderbilt Corridor, the streetscape around the Terminal. A panel discussion at the Museum of the City of New York on January 20th will examine both the tower and the corridor and what they mean for Midtown East.

More about the event here

Architecture, condos, Construction Update, New Developments, Starchitecture, Tribeca

56 Leonard, Herzog & de Meuron, Tribeca condos, Alexico Group, GHWA, WSP group, NYC skyscrapers, Manhattan skyline, Downtown, New York City construction

Esteemed architect and historian Robert A.M. Stern once said that “New York is a constellation of magic moments. No city as complex as New York rebuilds itself so often, and often so well.” Two stars are being born in that nebula of irregular streets we call Downtown. The taller of the two, 30 Park Place, is designed by the famed starchitect himself, and has recently surpassed its neighbor, the Woolworth Building, to soon take its place as the tallest residential perch in the district. The other star, 56 Leonard, may still shine brighter, however. While absent any height superlatives, 56 Leonard may very well end up being the most interesting skyscraper Downtown has produced in decades.

Nicknamed the “Jenga-building” and the “tower of penthouses,” 56 Leonard’s design comes from the Swiss architectural firm of Herzog & de Meuron while working with the residential know-it-alls at Goldstein Hill & West. Currently, the concrete frame is approximately 700 feet tall with little more than 100 feet to rise before topping off. The floors progressively stagger at varying configurations creating cantilevered interior spaces as well as outdoor balconies for each of the residences.

More details ahead

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.