New Developments

condos, Long Island City, New Developments

All renderings courtesy of Viserio

A new condo building in Long Island City is offering buyers a rare amenity in New York: private outdoor space. Located at 22-43 Jackson Avenue, The Prime contains 71 units, all of which boast balconies. And perhaps even more exciting for some, a Trader Joe’s grocery store will open on the building’s ground floor this year. Sales launched earlier this month at the building, developed by Circle F Capital and designed by Andres Escobar’s Lemay+Escobar Architecture, with residences starting at $700,000.

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affordable housing, Financial District, New Developments

WTC, world trade center, 5 world trade center

Photo by bilderkombinat berlin on Flickr

Plans to build a 900-foot mixed-use tower with 1,325 units of housing at 5 World Trade Center are moving forward. The boards of the Port Authority of New York and New Jersey and the Lower Manhattan Development Corporation voted on Thursday to approve the recommendation of the selection committee for the proposal from Brookfield Properties, Silverstein Properties, Omni New York, and Dabar Development Partners. The site is the former location of the Deutsche Bank building which was damaged in the September 11 terrorist attacks and later demolished. The developer will now enter negotiations for a lease for the residential tower, expected to measure 1.56 million gross square feet.

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condos, New Developments, Union Square

Rendering by Brdar 

When it comes to a prime downtown location, the corner of 14th Street and 6th Avenue is pretty darn good. On the northeast corner, the new 50-unit condo at 540 6th Avenue was designed inside and out by Morris Adjmi, replacing a lower-scale building that held a long-time dance studio (one home to Merce Cunningham) and an outpost of Moscot eyewear. The 12-story condo, which topped out this past November, has now launched a teaser site as it gears up to launch sales. It’s also been dubbed Förena, the Swedish word for “unite,” a nod to the building’s location at the nexus of Greenwich Village, Union Square, and Chelsea.

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Architecture, Chelsea, condos, Interiors, New Developments

A four-bedroom penthouse at Lantern House is on the market for $12.975 million. Credit: Related Companies

Thomas Heatherwick’s unique condo project on the High Line is showing off its collection of penthouses ahead of the building’s impending completion this year. Lantern House, located at 515 West 18th Street in Chelsea, consists of two towers that rise on either side of the High Line, one at 10 stories and the other at 22. Last October we got a peek inside the bubbled residences, and now new images have been released of a four-bedroom, four-and-a-half-bath penthouse with a large outdoor terrace, currently listed for $12.975 million.

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Architecture, Major Developments, Midtown East, Urban Design

42nd Street looking west. Copyright Miysis SPRL / Courtesy of Skidmore, Owings & Merrill

In another small way, the city is saying goodbye to Donald Trump. Renderings have been released for a massive tower replacing Midtown’s Grand Hyatt Hotel, Trump’s first major Manhattan development. The proposed mixed-use project at 175 Park Avenue would rise up to 83 stories and 1,646 feet tall, which would make it the second-tallest building in New York City, behind 1,776-foot One World Trade Center. The design, which is made possible thanks to the Midtown East Rezoning, comes from Skidmore, Owings & Merrill and also includes hundreds of millions of dollars of infrastructure upgrades to Grand Central Terminal and the subway station, as well as three elevated public outdoor spaces that wrap around the building.

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Architecture, Midtown, New Developments

All renderings credit Brookfield Properties

The office tower formerly known as 666 Fifth Avenue has shed both its superstitious address and its controversial connection to the Kushners. Brookfield Asset Management bought the 99-year ground lease for the 41-story Midtown office building between 52nd and 53rd Streets in 2018 from Kushner Cos., announcing the following year a $400 million overhaul designed by Kohn Pedersen Fox Associates. Brookfield has now released new renderings of the 660 Fifth Avenue project, which will have a new glass facade and floor-to-ceiling windows, a new lobby and retail spaces, and new outdoor terraces when it’s completed in 2022.

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Midtown East, New Developments, Starchitecture

Trading floor rendering courtesy of L&L Holding

It’s been more than five years since L&L Holding Company broke ground on the 47-story Norman Foster-designed office tower at 425 Park Avenue, but it’s finally nearing the finish line. The 897-foot building is notable for its triple-height diagrid floors and the set of three ornamental fins at the crown that will be illuminated at night. It will be the first full-block tower along this stretch of Park Avenue in half a century, joining the likes of the Seagram Building and Lever House.

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condos, New Developments

All renderings by Unmarked Studio

Murray Hill might not be the first neighborhood that comes to mind when thinking of luxury condos, but that just might be a good thing. VU, the new 100-unit project at 368 Third Avenue, is one of the tallest buildings in the neighborhood, which affords its 100 units incredible views of the East River, Midtown, and even down to the World Trade Center. We’ve now got our first look at the flashy new project, along with a pricing reveal.

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condos, Lower East Side, New Developments

All renderings by VMI Studio

The second condo building at the Essex Crossing mega-development has revealed a slew of new renderings, along with the first pricing details. Located at 202 Broome Street, One Essex Crossing is the seventh of nine buildings at the Lower East Side project. The 83-unit building was designed by CetraRuddy and is distinguished by its elevated 9,000-square-foot amenity garden. Prices range from an $890,000 studio to a $6,689,000 duplex penthouse. Occupancy is expected later this year.

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Harlem, New Developments

All renderings courtesy of Janus Property Company

As the construction of New York City’s newest life science building nears completion, we’re getting a fresh look at the innovative structure. Developed by the Janus Property Company, the 11-story Taystee Lab Building is part of the Manhattanville Factory District, a West Harlem neighborhood once full of breweries and factories that is now being transformed into a modern commercial and office hub. The 350,000-square-foot Taystee Lab Building, named after the bread bakery that once occupied the site, will provide mixed-use space for life science, academic, and creative tenants.

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