Search Results for: durst organization

October 26, 2015

First Peek at Alchemy Properties’ 26-Story NOMA Condominium

Here's our first peek at Alchemy Properties' upcoming mixed-use condominium development NOMA. Slated to rise 26 stories/316 feet from a 7,000-square-foot corner lot at 846-850 Sixth Avenue, the building will be the first ground-up condominium development in NoMad west of Fifth Avenue. With demolition just wrapping up on a single-story strip of retail stores, excavation will soon begin for a FXFowle-designed mixed-use tower that is slated to house 52 condo apartments and 13,000 square feet of retail space on its first two floors. Zoning diagrams filed at the Department of Buildings indicate the form of the tower will be composed of variously scaled and skewed interlocking volumes. Units with eastern exposures will have balconies.
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Affordable Housing Lottery Launched for Bjarke Ingels’ Epic Pyramid, VIA 57 West

Construction shot © 6sqft

October 3, 2015

Affordable Housing Lottery Launched for Bjarke Ingels’ Epic Pyramid, VIA 57 West

By Ondel Hylton

Applications are now being accepted for the 142 affordable apartments in Bjarke Ingels' tetrahedron-shaped rental building dubbed VIA 57 West, aka "the Pyramid Building." By downloading applications here, you and 141 other lucky families may have the chance to live in a future landmark that is already turning out to be the most audacious rental building ever built in the city. The massive, half-block-long development will contain a total of 709 units, of which 20 percent will be deemed affordable. Subsidized rents range from $565/month studios for single-person households making between $19,222 - $24,200 annually, to three-bedroom apartments going for $1,067/month for three- to six-person households.
More construction shots and the full pricing breakdown

May 1, 2015

Michelle Obama Loves the New Whitney; BIG’s West 57th Street Pyramid Gets a Name

By Diane Pham

A cement mason worker is suing Tishman Construction, Silverstein Properties, the Durst Organization and the Port Authority after getting seriously injured while working at 1 World Trade Center. [CO] BIG’s West Side Highway pyramid/tetrahedron will be named “Via.” Huh? Read the explanation at the Times. [NYT] First lady Michelle Obama is “in love” with the new Whitney Museum, […]

Real Estate Trends

March 18, 2015

Construction Update: COOKFOX’s 855 Sixth Avenue Tops Off, Ties for City’s ‘Shortest Skyscraper’

By Ondel Hylton

In the shadow of the Empire State Building, the concrete frame of 855 Sixth Avenue has quietly risen to its full 500-foot height. Spanning the full western blockfront of Sixth Avenue between West 30th and 31st Streets, the 41-story mixed-use tower, designed by COOKFOX Architects and co-developed by the Durst Organization and Fetner Properties, is poised to bring 190,000 square feet of commercial space and 375 rentals to the southern fringe of Herald Square later this year. While unremarkable in design and imperceptible in the city's skyline, the building's small claim to fame may be that its 152-meter (slightly under 500 feet) height is sometimes regarded as the benchmark figure for defining a skyscraper. Therefore, statistically, 855 Sixth could be considered the shortest skyscraper in New York. Huzzah!
More details ahead

November 6, 2014

New York City’s Residential Skyscraper Boom: Living in the Sky Part II

By Ondel Hylton

You've probably realized that New York is in the midst of a skyscraper boom, but if the ubiquitous scaffolding and sidewalk detours haven't given it away, we bring you further proof — with part two of our series detailing the tallest residential towers set to rise high above the city, forever changing New York's skyline. Compared to the previous 26 projects — the tallest of the tall that included ultra-luxury and super-tall towers such as 432 Park Avenue and 125 Greenwich Street — this second batch is composed of smaller buildings ranging from 500 to 700 feet tall and features greater geographical diversity and lots more rentals. With developers scouring the city for less expensive areas to assemble properties, these often-controversial projects are slated to rise in some of our more human-scaled 'hoods such as East Harlem, South Street Seaport, and Williamsburg.
Will they all get built? Unlikely, but in any case here's our list

October 27, 2014

It’s Expected That Tourism Will Bring in 25% of One World Trade Center’s Revenue

By Dana Schulz

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

October 17, 2014

Real Estate Wire: NYC is Filled with Illegal Greenhouses; Elle Macpherson UES Apartment

By Diane Pham

Is your apartment greenhouse illegal? Some New Yorkers are turning their greenhouses into extended indoor living spaces. [NYT] Elle Macpherson sells her pied-à-terre at East 68th Street for $2.4 million. [WSJ] More developments are coming to Renwick Street in northern Tribeca and people are loving it. [WSJ] Durst Organization is officially the new builder of Hallets […]

Real Estate Trends

Cuomo pledges $23M for Hudson River Park project in State of the State speech

Rendering by Pier55 Inc/Heatherwick Studio

January 17, 2019

Cuomo pledges $23M for Hudson River Park project in State of the State speech

By Michelle Cohen

Gov. Andrew Cuomo's State of the State speech Tuesday included a $23 million pledge to go toward the completion of Hudson River Park. That nearly-hidden line item in the state budget represents the governor's mediation efforts in a billionaire-vs.-billionaire feud involving Barry Diller's 2.7-acre park at Pier 55 on the water near West 14th street (often referred to as Diller Park), Crains reports.
Find out more

Architecture And Design

Construction update: Tishman Speyer’s trio of Long Island City rental towers

View of residential towers from Queens Plaza as of last week, via CityRealty

February 2, 2017

Construction update: Tishman Speyer’s trio of Long Island City rental towers

By Dana Schulz

Of the 30+ under-construction and proposed projects in Long Island City, many of the tallest and bulkiest are located near Queens Plaza, including this trio of slab-glass rental towers from Tishman Speyer and H&R Real Estate Investment Trust that will bring nearly 1,800 new apartments to the area. The residential buildings--located at 28-34 Jackson Avenue, 28-10 Jackson Avenue and 30-02 Queens Boulevard--are directly adjacent to Tishman's two-towered commercial venture that will be home to WeWork, Macy's, and a food hall. CityRealty recently stopped by the construction to see how things are shaping up at the rentals, which from the looks of it are well on their way to welcoming in LIC's newest batch of residents.
Find out more this way

September 7, 2016

POLL: Are you in favor of the Pier 55 offshore park moving ahead?

By Dana Schulz

As of late last month, summer construction work on the Barry Diller-funded Pier 55 was complete, with the first nine piles propping up the offshore park having been installed. It seemed as though all systems were a go at the $130 million futuristic park, but yesterday 6sqft reported that The City Club of New York, the civic group who was behind an earlier lawsuit and stop work order, may have a backer in none other than Douglas Durst. And today the Wall Street Journal shares that opponents had their first day in front a panel of state appellate-court judges to express environmental concerns and frustrations that the initial planning between billionaire Diller and the Hudson River Park Trust was done behind closed doors. What are your thoughts on the issue?
More details on the hearing, and tell us if you're in favor of Pier 55 moving ahead

Architecture And Design

July 20, 2016

Eight-Story Sculpture Revealed at Via 57 West; Inside the Washington Square Arch

By Dana Schulz

The entrance to Bjarke Ingels’ Via 57 West tetrahedron will feature an eight-story, site-specific sculpture by Stephen Glassman Studio. “Flows Two Ways” represents the coming together of the city and the Hudson River. [6sqft inbox] Go inside the world’s first airport potato farm at JFK. [Inhabitat] Now that the Four Seasons is closed, could one of these […]

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