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Prefab housing has taken the world by storm in the last years, lauded for its low cost and flexibility, with buildings ranging from single-family homes to art schools popping up across the globe. But not until Forest City Ratner’s plan for B2 BKLYN have we seen an attempt to build a large-scale module tower topping out at 32-stories—the world’s tallest prefab tower.
It’s well known that the project has been a big flop; construction was far slower than originally projected and was halted in August amidst disputes between the builder, Skansa USA, and the developer, Forest City Ratner. In September lawsuits went flying, both pointing fingers as to why the whole thing failed. Forest City blamed the execution of the plan, while Skanska said the design was flawed. Fast-forward to today, and the work on the tower has been shut down with only 10 stories erected. A recent WSJ article looks at where the whole thing went awry, and more importantly: Is pre-fab construction even feasible at such a scale?
On Friday, news broke that anchor tenant Condé Nast will begin its big move in to One World Trade Center on November 3rd. And now we’ve learned that the Port Authority of New York and New Jersey, along with the Durst Organization, is predicting that one quarter, roughly $53 million, of the tower’s annual revenue will be generated from tourism by 2019.
The three-floor observation deck of the tower, known as One World Observatory, is expected to be visited by about 3.5 million people per year. Legends Hospitality LLC, the developer of the observatory, has not yet revealed what it will cost to visit the site, but it’s expected to be on par with the Empire State Building, which received $101 million in 2013 from visits to its observatory (it costs $29 per person), 40% of its annual revenue.
Learn more about this prediction and the state-of-the-art observation deck here
Remember those jitters you’d get leading up to college move-in day? We wonder if Condé Nast is feeling that way in anticipation of its big move into One World Trade Center, now set for November 3rd. The tower’s anchor tenant will not make a big to-do of its move, but the Port Authority of New York and New Jersey is planning a celebratory event later in the month following the fall elections. The exact date will be determined based on Governor Cuomo’s and Governor Christie’s availability.
The official open date of the city’s tallest building comes more than nine years after ground was first broken. Though Condé Nast will begin relocating its offices next month, it will not complete the move until January. Other tenants include Morgan Stanley, Legends Hospitality, and BMB Group.
If Staten Islanders have felt left out of the subway rat race all these years, they’ll soon be able to get in on the action without leaving their home borough. The developers of the massive New York Wheel–the 60-story Ferris Wheel on the Staten Island waterfront set to become the tallest observation wheel in the world–have announced that a simulated subway ride will be part of the waterfront complex.
Time Train, as it’s officially being called, will be a 4-D theater experience that will provide a visual tour of New York’s history with a focus on the harbor. Additionally, a webcam will be installed on the nearby Robbins Reef lighthouse to offer a 24-hour look at construction of the wheel, which will boast four mobile bar cars and a 20-seat restaurant. Groundbreaking for the wheel and its neighboring attractions–including a floating swimming complex, a hotel, and a large outlet mall–is set for 2015 with completion planned for 2017. To see more new developments happening on Staten Island, click here.
All the buzz surrounding Mayor De Blasio’s home has yielded some great results for NYC’s First Family. Bill and his wife Chirlane McCray have rented their house to the first folks who came to check out the property located at 442 11th Street. De Blasio listed the Park Slope home less than two weeks ago through Brooklyn Properties for $4,975 a month. Let’s take a look inside…
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The success of the High Line Park continues to inspire all corners of the world—including Queens—and now the latest neighborhood to jump on the elevated park bandwagon is Harlem. DNA Info reports a nonprofit called the Housing Partnership has proposed a plan to bring 2,000 affordable housing units and $170 million dedicated to public projects in Hamilton Heights. The new park encompassed within the nonprofit’s ‘Harlem Promenade‘ plan would run alongside the West Side Highway atop a portion of Amtrak rail lines.
More on the proposed harlem high line project here
Ahead of the groundbreaking this weekend, a new video and renderings have been revealed for Santiago Calatrava‘s church near Ground Zero, which will overlook the 9/11 Memorial. The new St. Nicholas Greek Orthodox Church will be constructed of white Vermont marble, inspired by a mosaic of the Madonna and Child Enthroned at the Hagia Sophia in Istanbul.
More on the design here
Rendering of unit 31A terrace
First came the floorplans for the $110 million penthouse, then the first set of interior renderings, and now we have a new sneak peak inside the highly anticipated Woolworth Tower Residences.
The Post has profiled unit 31A, a four-bedroom, full-floor unit on the market for $26.4 million. And along with a written description–“a kitchen with all the modern conveniences, a massive formal dining room, hidden bars, a library and…two terraces to enjoy the view from 31 stories up”– come two new renderings, those of the terrace and the kitchen.
More details ahead
New York City’s most taxed line is about to get a sizable cash infusion. Of the $210 million that developer SL Green Realty has budgeted for improving Grand Central’s subway station for the green light to construct a 65-story office tower next door, more than 75% will go toward the Lexington Avenue line, Crain’s reports. Yesterday, a 63-page study was delivered to Manhattan’s Community Board 5 and to transportation advocates who have called for Midtown East’s rezoning to include improvements to transportation infrastructure to meet current demand as well as the influx of nearly 16,000 workers as new lines are drawn. So where exactly will the money go?
Where will the money will go?
A rendering of the NYU expansion plan
The battle between New York University and local residents and community preservation groups just got a little fiercer, as just yesterday the appellate court overturned a previous decision by the New York Supreme Court that prohibited the university’s $6 billion, 1.9 million-square-foot expansion plan.
NYU now has the green light to move forward with their colossal project, which includes taking over “implied park land” that has been used by the public for years. Local community groups vow to appeal the decision. The Greenwich Village Society for Historic Preservation, Assemblywoman Deborah Glick, NYU Faculty Against the Sexton Plan, Community Board 2, and local residents, filed the lawsuit against the school in 2012.
More on the latest ruling and what it means for NYU and the Village