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Architecture, Bronx, Features, Green Design, Major Developments, Manhattan, Queens

Green City: Eight of the Biggest Eco-Friendly Developments Happening Right Now in NYC

While going green has more or less become the norm in most modern day construction in New York, some projects have really outdone themselves from the ingenuity of design to the sheer scale of size. This is a city where the new police academy will harness the power of re-usable rainwater, and where the Barclays Center‘s arena roof is being covered with 130,000 square feet of new garden space. New York is placing itself at the forefront of green design and green construction, and here are just eight of the biggest green projects happening right now.

The top green developments in the city this way

Architecture, Battery Park City, Financial District, Hotels, Major Developments

Fortis' 151 Maiden Lane

New renderings of Fortis Property Group’s mixed-use development at 151 Maiden Lane have been revealed! As reported by New York YIMBY, permits were filed last week for the new tower which will sit upon a 281,000-square-foot waterfront development site that the company purchased back in August of last year.

Fortis’s new residential project will boast a 161,000-square-foot, 52-story luxury condominium with 74 high-end apartments each hosting “uninterrupted river views with the top floors having virtually 360-degree views,” according to Fortis’s website. The design, which holds Goldstein Hill & West as the architect of record, is another glassy high-rise that boasts a slender profile with balconies rising on the glass face in a helix-like gesture. In fact, the design looks quite a bit like an amalgamation of New York by Ghery and One Madison. (A good thing?)

Fortis also plans to build a 120,000-square-foot hotel at the western portion of the development site. The hotel will share luxury amenities with the residential section of the development. Construction will start this year.

[Via NY YIMBY]

Image via Fortis Property Group

Financial District, New Developments

Harry Macklowe , Bank of New York Tower, 1 wall street, one wall street, ralph walker nyc, ralph thomas walker architecture, art deco nyc

According to the Wall Street Journal, a group of investors, led by developer Harry Macklowe, has just paid $585 Million for One Wall Street, the headquarters of Bank of New York Mellon Corp.

A spokesman for Macklowe declined to disclose what the developer plans to do with the 50-story tower, but word is that other bidders for the building, which included JDS Development Group and a joint venture of Elad Group and Silverstein Properties Inc., had plans to convert it for residential use. If the building is transformed into luxury residential units, the Art Deco styling will certainly lend to the appeal. The Chelsea‘s Ralph Thomas Walker-designed Walker Tower, and its sister building in Hell’s Kitchen, the Stella Tower, have done quite well in their conversions to co-ops, attracting both the rich and famous with buyers paying on average $3,443 per square foot in the Walker.

Macklowe is said to be “very pleased to be associated with this landmark property.”

[Via WSJ]

Architecture, Manhattan, New Developments

SOM's 401 west 31st street

Brookfield Office Properties filed its first plans yesterday for their SOM-designed residential tower located at 401 West 31st Street, adjacent to all the Hudson Yards hoopla. The 756,674-square-foot, 702-foot-tall tower will host 790 apartments with 3,438 square feet of retail on its ground level.

The design sits within a grouping of glass towers and a low slung, tapering structure. The newly filed iteration is quite different than the structure revealed earlier this year, which was much taller and featured a darker material palette that gave the building a more monolithic appearance. The updated design certainly melds better with its surroundings.

The entire project is expected to be completed by 2020.

[Via New York YIMBY]

Fort Greene, New Developments, Rentals

Catsimatidis Building on Myrtle Ave in Fort Greene

Patience is a virtue; one that billionaire tycoon and former mayoral candidate John Catsimatidis clearly has in droves.

Cats demonstrated this when he had the foresight to purchase a block of land on Myrtle Avenue in Fort Greene, over 30 years ago, back when the street was appropriately nicknamed Murder Avenue. Not many people would have seen the value in property in an area where Cats jokes that he had to carry two guns “just in case one of the guns runs out of bullets”. However, Cats saw it as a worthy investment. And boy was he right. A few decades and a change of zoning laws have allowed Cats to turn this once terrifying spot into the building site of 4 residential skyscrapers with retail stores on the ground floor. Not a bad deal for a piece of property purchased for under a million dollars says the understatement of the century.

Learn more about Catsimatidis’ development project here

Downtown Brooklyn, New Developments, Rentals

388 bridge street, brooklyn

Downtown Brooklyn is booming across the board, and buyers are keen to get in on the changes afoot. Five months after hitting the market, Brooklyn’s tallest tower is filling out fast, with half of the units now leased. The SLCE Architects-designed residential skyscraper at 388 Bridge Street rises 590 feet, with 234 rentals and 144 are condominiums spread across 53 stories. The Stahl Organization, who developed the building, says that units are going at a rate of about one per day. 90 apartments remain, and prices range from $2,700 per month for a studio to $6,290 for a two-bedroom apartment.

[Via The Real Deal]

Image via Brooklyn Eagle

Chelsea, New Developments

510-514 West 24th, Michael Stern

In the last few days the streets surrounding the High Line in Chelsea have had their fair share of development speculation, with two major developers potentially scooping up sites on West 18th, West 19th and West 24th .

It is rumored the Related Companies may be willing to shell out a whopping $200 million — or $700 per buildable square foot —for the West 18th and West 19th parcels, both currently parking facilities.

But the jaw-dropping $800 per buildable square foot that Michael Stern, head of JDS Development Group, could be spending as part of a joint venture with Largo Investments on the two three-story buildings that now stand at 510-514 West 24th would be a record breaking sum. Recouping that $32 million investment would mostly likely necessitate fairly steep pricing for the finished apartments.

If the deals come to fruition, only time will tell if the appeal of the High Line will be strong enough to support such lofty sums, but the interest of two major development players certainly makes this a location to watch.

[Via Crain’s New York]

Major Developments, Manhattan

Has Governor Cuomo Found a Way to Fix Pier 40?

By Aisha Carter, Fri, May 16, 2014

Governor Andrew Cuomo has reached a tentative deal with developers that could save Pier 40, according to the New York Times. In the new deal, Governor Cuomo would transfer unused development rights to another site on West Side Highway in exchange for $100 million to repair Pier 40. Restoration would involve gradually demolishing St. John’s Terminal Building and replacing it with residential buildings and shops over a period of 10 years.

Learn more about Governor Cuomo’s deal to save Pier 40 here

Architecture, Downtown Brooklyn, DUMBO, Major Developments

DUMBO, Tech, Leeser Architects, conversion, nyc, brooklyn, development, tower

Leeser Architects, designer of the Museum of the Moving Image expansion in Astoria, seems to be single-handedly upping the architecture ante in the outer-boroughs. Fresh off the heels of demolition commencing on the site of their multi-faceted 30-story Marriott Autograph Collection tower in the BAM Cultural District, Leeser may also be busy in the conversion of DUMBO’s five-building Jehovah Witness Watchtower complex into a high tech incubator and residential tower.

See the renderings we’ve uncovered after the jump

Architecture, Major Developments, Midtown East

Rockefeller University

The City Council’s Committee on Land Use gave approval to Rockefeller University’s plan to construct two new buildings over the Franklin D. Roosevelt Drive on Manhattan’s east side. In exchange, the school, which controls air rights over the 4-block stretch starting at East 64th, has agreed to invest $8 million to develop and maintain a portion of the East River Esplanade.

More on the development here

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