Search Results for: "atlantic yards"

March 18, 2015

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

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
February 5, 2015

Rents in Harlem Shoot Up, Brooklyn Studios Expensive as Ever

MNS has just released their 2014 report pointing to rental performance in the Manhattan and Brooklyn markets over past year. And as you've probably already guessed there are no surprises here—rents were up. Leading the charge in growth were Harlem where new luxury listings gave the area a major boost, and of course Brooklyn which continued see growth at remarkable rates, particularly with studio units which were up more than 20 percent in some nabes.
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January 20, 2015

Goldilocks Blocks: Lowry Triangle in Prospect Heights, Where the Gritty Meets the Gentrified

It’s...gritty. But it’s Prospect Heights. Anchoring an oddly magical Brooklyn crossroads where Prospect Heights, Crown Heights and Clinton Hill meet, bisected by noisy, gritty Atlantic Avenue, Lowry Triangle and its surrounding blocks form a literal mashup of three neighborhoods, all of which began hitting their gentrification strides at slightly different times. On a map it’s legitimately Prospect Heights, whose border is a block to the east at Grand Avenue. It’s a small but decidedly cool zone, open and semi-industrial, where old brick buildings share space with a growing number of sleek, modern boutique condos, compact cubes fronted by vast expanses of glass; a fascinating juxtaposition of old and new.
What you might not notice if you're just passing through
December 12, 2014

Real Estate Wire: Curious Pink Brooklyn House Wants $900K; Zaha Hadid Launches Teaser Site for Her High Line Condos

So bad, it’s good: Live in a bubblegum pink house in Gravesend, Brooklyn for $900K. [Curbed] Check out the teaser site for Zaha’s High Line condos. [520W28] Greenland, USA and Forest City Ratner will break ground on the second 100 percent affordable building for the Pacific Park Brooklyn development (formerly Atlantic Yards) on Monday. [6sqft inbox] Billionaire Steven Cohen […]

November 18, 2014

Real Estate Wire: Inside a Spooky $2.1M Staten Island Mansion; Construction on the B2 Modular Tower to Resume

This eerie $2.1M home on Staten Island has been the backdrop for murder, madmen and fashion models. [NYT] Forest City Ratner may soon restart construction on the B2 Tower at the Atlantic Yards. The developer has agreed to buy out builder Skanska’s interest for an undisclosed amount. [NYDN] A 66th Street mansion that sold in July […]

November 6, 2014

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

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

Has the Failed B2 Tower Ruined Large-Scale Prefab Housing for the City?

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?
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September 12, 2014

Real Estate Wire: A Portfolio of Parking Lots Worth $250M; Upgrades Planned for Grand Central Get Flack

The Brooklyn shtetls that have embraced Crown Heights’ new hipster neighbors. [Tablet] An Afro-Caribbean has raised $7.5M to turn a long-vacant East Harlem firehouse into a new cultural center. [NYDN] New York state’s Empire State Development Corporation is trying to seize seven properties for Atlantic Yards Project through eminent domain. A judge was asked to […]

August 28, 2014

Real Estate Wire: Construction on NYC’s Tallest Modular Tower Stalled Again; Yankees’ Martin Prado Moving to the Atelier

NYC’s tallest modular tower located at Pacific Park (formerly Atlantic Yards), and designed by SHoP Architects, has been stalled again due to a dispute between the developer, Forest City Ratner, and the contractor, Skanska USA. [Crain’s] New condos will replace a Williamsburg parking lot located at Union Avenue and South 3rd. [Curbed] This week the New York […]

June 26, 2014

Real Estate Wire: Mapping All of Downtown Brooklyn’s Apartments; Park Slopers Love Their Parking Garages

Today’s residential real estate news in one digestible bite: Park Slopers would rather have a parking garage than a new luxury condo in their ‘hood. The typically crunchy locals are saying the 800 Union Street garage is “essential to the neighborhood”. [NYDN] Stern’s 82-story downtown hotel and residential condo tower is one-third constructed; while the […]

June 17, 2014

Growth Spurt: Brooklyn’s Tallest Tower at 333 Schermerhorn Will Soar Even Higher Than Expected

Construction filings from the Department of Buildings have revealed that Douglas Steiner's mixed use tower at 333 Schermerhorn Street, dubbed the Hub, will soar 30 feet higher than previously reported; making it the top contender for Brooklyn's tallest building at 607-feet. For more than 80 years, the title of Brooklyn's tallest belonged to the 512-foot Williamsburg Savings Bank tower at 1 Hanson Place. With its beloved 4-sided clock tower and its majestic banking hall, the tower has stood in relative isolation since its construction in 1929. Bruce Ratner's Atlantic Yards centerpiece building nicknamed "Miss Brooklyn," was the first to challenge the tower's dominance and was slated to soar more than 100-feet above the bank building's dome. The proposal incited uproar from Brooklynites, leading to its eventual downsizing in 2006 to 511-feet, just one foot shorter than the neighboring bank building.
More about The Hub and Brooklyn's tallest this way