Search Results for: Long Island City

December 17, 2018

Google to invest $1B in Hudson Square campus, doubling its workforce

Google will invest $1 billion to open 1.7 million square feet of office space in Hudson Square, the company announced on Monday. The new campus includes property at 315 and 345 Hudson Street and will also be centered around 550 Washington Street, the former freight terminal, St. John's Terminal. With this expansion from its Chelsea offices at 111 Eighth Avenue, Google said its workforce will double over the next 10 years, adding another 7,000 New York-based staff members.
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December 13, 2018

‘I ♥ NY’ designer Milton Glaser not thrilled with Amazon rip-off

This week the city's Economic Development Corporation released documents of its detailed pitch to lure Amazon to move to the city, which included offering up prime real estate in four different New York City neighborhoods and nearly $3 billion in incentives. Another thing city and state officials pitched to the tech company, which chose Long Island City last month for its HQ2 complex, is the state's famous "I love NY" logo. In their pitch, city and state officials swapped the iconic logo's heart out for Amazon's arrow-smile, which assumingly reads "I Amazon NY."
Glaser's thoughts ahead
December 13, 2018

Announcing 6sqft’s 2018 Building of the Year!

The votes have been tallied, and it's time to name the 2018 Building of the Year! The winning title belongs to none other than Long Island City's Skyline Tower. The 778-foot-tall tower beat out 11 other significant NYC buildings in a competitive two-week competition held by 6sqft. Out of nearly 3,000 votes cast, the Hill West-designed structure took first place with a whopping 1,021 votes or 35.5% of the total. Was it the fact that the Skyline Tower is on course to become the borough’s tallest building? Or that it has an estimated $1.088 billion sellout, the first in the borough to break the one billion mark? Or perhaps it's the LIC location, the forthcoming home to 25,000 Amazon employees?
More on this year's winner!
December 11, 2018

How New York won Amazon: See the official proposals for each NYC neighborhood

City and state officials lured Amazon to open its new office complex in New York with an extensive pitch, complete with four suggested neighborhoods and the promise of prime real estate, according to documents released by the city's economic development corporation on Monday. In exchange for 25,000 new jobs, Gov. Andrew Cuomo and Mayor Bill de Blasio are offering Amazon nearly $3 billion in incentives and grants. And while last month Amazon selected the Queens neighborhood of Long Island City as its new home, officials had proposed bringing Amazon's campus to the Farley Building, 3 World Trade Center, Brooklyn Height's Watchtower building, Bjarke Ingels' The Spiral, and even Governors Island.
See the full pitch
December 6, 2018

Poll shows a majority of New Yorkers approve of Amazon’s move to Queens

A majority of New Yorkers approve of Amazon moving to Long Island City despite opposition from Queens activists and politicians, according to a Quinnipiac University poll released Wednesday. Fifty-seven percent of all respondents said they support the company's plan to build a waterfront office complex in Queens, with 26 percent disproving. And approval among Queens residents is even higher, with 60 percent supporting the deal. But the poll did find a more divided opinion about the potential $3 billion in public incentives and grants offered to Amazon by the city and state, with 46 percent approving of the subsidies and 44 percent disapproving.
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December 5, 2018

VOTE for 6sqft’s 2018 Building of the Year

The city’s most important residential projects include a glittering showcase of superlatives that continue to eclipse all that came before, with claims that include tallest (Central Park Tower), skinniest (111 West 57th Street ), most expensive (a $250 million penthouse at 220 Central Park South) and loftiest outdoor lounge (Fifteen Hudson Yards) and pool (Brooklyn Point) almost being a requirement for selling the fabulously luxurious apartments and amenities that lie within. Though some of this year’s contenders appeared on previous years’ lists, their sales launches and toppings-out in 2018 proved that their arrivals on the city's skyline–and among its residential options–are no less impactful than the anticipation that preceded them. We’ve narrowed our picks down to a list of 12 headline-stealing residential structures for the year. Which do you think deserves 6sqft’s title of 2018 Building of the Year? To have your say, polls for our fourth annual competition will be open up until midnight on Wednesday, December 12th and we will announce the winner on the 13th.
VOTE HERE! And learn more about the choices.
December 4, 2018

Beloved bookstore the Strand fights back against landmarking proposal

Earlier today, the Landmarks Preservation Commission held a public hearing to consider landmarking seven buildings on Broadway between East 12th and 14th Streets, one of which many already recognize as an unofficial NYC landmark -- The Strand bookstore. In advance of the hearing, The Strand voiced strong concerns that the designation would place crippling restrictions on the scrappy business and potentially threaten its future, as the New York Times reported. Referencing the recent tax incentives that Amazon received to relocate to Long Island City, Strand owner Nancy Bass Wyden said, "The richest man in America, who’s a direct competitor, has just been handed $3 billion in subsidies. I’m not asking for money or a tax rebate. Just leave me alone."
Find out what happened at today's hearing
December 4, 2018

Queens senator wants to crack down on real estate ‘insider trading’ following Amazon deal

State Sen. Michael Gianaris announced on Tuesday plans to draft legislation aimed at cracking down on insider dealing in real estate. The proposed law comes after a report in the Wall Street Journal found Amazon employees were buying condos in Long Island City before the company had publicly announced plans to build their second headquarters in the neighborhood. The legislation would prohibit anyone from using confidential government information to buy or sell real estate, according to Gianaris.
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December 3, 2018

Ikea’s first Manhattan store will open this spring on East 59th Street

After teasing us last week with news that they were in the "preliminary" planning stages of opening a city-center store in New York City, Ikea has today announced, that they will, in fact, open their first Manhattan store in spring 2019. The IKEA Planning Studio--a delivery-only store concept that focuses on "smart solutions for urban living and small spaces"--will open at 999 Third Avenue, right across the street from Bloomingdales at 59th Street and just over the Queensboro Bridge from Long Island City where Amazon is readying to bring 25,000 employees.
All the details
November 29, 2018

Most expensive condo listing in Queens gets price cut despite Amazon announcement

While real estate prices are expected to rise in Long Island City and the surrounding area due to Amazon's impending move to the neighborhood, one listing has lowered its price. The most expensive apartment in the borough of Queens, located at 46-30 Center Boulevard, is on the market again, the New York Post reported. The penthouse, which sits just north of the Pepsi-Cola sign, is asking $3.65 million, less than the $4.25 million it was listed for in 2017. Soon after Amazon announced their move to Long Island City, interest in the neighborhood surged. As 6sqft previously reported, searches for residential apartments in the neighborhood are up 281 percent compared to the daily averages prior to the Amazon news.
Take a tour
November 17, 2018

Rental Offers: Money to Burn? Greenwich Village apartments on Houston Street from $14,995/mo

High-End Greenwich Village Rentals Available at Newly Constructed 136 West Houston Street=[LINK] 223 Fourth Avenue Offers Luxury Park Slope Rentals from $2,452/Month [LINK] Newly-Renovated Lower East Side Rentals at 10 Rutgers Street; No Fee + 1 Month Free[LINK] Halo LIC: Industrial-Inspired No-Fee Rentals with 1 Month Free in the Heart of Long Island City [LINK] […]

November 16, 2018

Plan for 1,500 units of affordable housing in LIC at risk as Amazon gets ready to move there

A plan to create 1,500 units of affordable housing in the Anable Basin area of Long Island City will most likely be scrapped, as Amazon prepares to open its headquarters on that same land, Politico reported. Amazon announced this week plans to bring its second headquarters to the Queens neighborhood on land currently owned by plastics company Plaxall, as well as some parcels owned by New York City. Previous plans from Plaxall and the city, who hired developer TF Cornerstone to build a mixed-use campus at the site, called for 1,250 and 250 units of affordable housing, respectively. But an Amazon spokesperson told Politico there will be no housing at its new complex.
Amazon in, affordable housing out
November 16, 2018

Google officially files permits for expansion plans at Hudson Square’s St. John’s Terminal

First reported by CityRealty, Oxford Properties Group filed a building permit application yesterday to construct a 588,000-square-foot commercial addition to the St. John’s Terminal building in Hudson Square, a property they acquired in January. As 6sqft previously reported, architecture firm COOKFOX will helm the conversion and it is expected that Google will buy or lease the building, which is projected to be finished in 2022. If Google sticks to this plan -- in addition to their forthcoming expansions at Pier 57 and Chelsea Market -- the tech giant would double their employee force in the area to roughly 20,000. (This announcement follows that of Amazon’s impending expansion at a similar scale in Long Island City.)
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November 15, 2018

Co-living startup Common announces first Manhattan location in Hell’s Kitchen

As of April 2018, co-living startup Common had raised $40 million in Series C venture funding, far more than the $15 and $11.5 million raised by its competitors Ollie and HubHaus. Since opening its first NYC location in 2015 in Crown Heights, Common has expanded with 10 locations in Brooklyn and Queens, but they've now decided to turn their attention to Manhattan. The company announced today that they will open a 32-bed building at 47th Street between Ninth and Tenth Avenues in Hell's Kitchen--"a short subway ride on the C or 7 trains into Long Island City and Amazon's HQ2."
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November 15, 2018

Will Jeff Bezos live in one of his Upper West Side apartments when Amazon comes to town?

With Amazon officially coming to New York City, where will its founder and chief executive live? Jeff Bezos will have an easier time finding a property in the city than most, as he already owns four apartments in Manhattan. All of the NYC properties owned by the multi-billionaire are located on the Upper West Side at 25 Central Park West, in a condo building known as the Century (h/t I Love The UWS). Bezos, who owns several homes (as well as the biggest in Washington, D.C.) and remains one of the top landowners in the country, has requested helipad access for Amazon's new Long Island City headquarters, making any neighborhood he chooses to live just a quick ride away.
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November 14, 2018

My 3,400sqft: How an extensive renovation revived this eclectic, century-old Ditmas Park home

Advertising professional Stephanie Berman went into a design consultation with designer Fauzia Khanani, of Studio Fōr, simply seeking advice on decor for her Ditmas Park home. “I figured that Fauzia might help me choose a few new throw pillows and maybe a rug or two," Stephanie told us, "but once we sat down to talk, I realized that soft furnishings were not going to do it." After the free two-hour session, won through a silent auction at work, Stephanie and her husband Drummond concluded they actually wanted a full renovation of their century-old home, where their family has lived for over a decade. Through an in-depth collaboration with Fauzia, the Bermans' home was refreshed with brightly painted walls, Mid-century modern touches, eclectic elements, and, of course, new throw pillows. For this project, the first in the neighborhood for Studio Fōr, Fauzia told us: "We wanted to add some modernity to the house but also be respectful of the original design and context."
See inside Stephanie's cozy home
November 8, 2018

Google expanding to St. John’s Terminal in Hudson Square

Google is expanding its New York City footprint once again. The tech giant is close to inking a deal to buy or lease a planned 1.3 million-square-foot office building at St. John's Terminal, formerly a freight terminal in Hudson Square, that is undergoing a major revamp by COOKFOX Architects. According to the Wall Street Journal, the building, located at 550 Washington Street, could house more than 8,500 Google employees when the project wraps up in 2022. News of this impending deal comes just days after it was reported that Amazon will move its second headquarters, along with 25,000 workers, to Long Island City, although no plan has formally been announced.
More details here
October 31, 2018

Waterfront Access Map makes it easier for New Yorkers to get to the shoreline

Fresh off the news that the city will invest over $250 million to connect and green 32 miles of Manhattan waterfront, it's become easier for New Yorkers to access the existing waterfront spaces open to the public. The Department of City Planning has just released the Waterfront Access Map, a tool to help you find one of the 200 open spaces situated along the city’s 520 miles of shoreline. It was released to mark the 25th anniversary of a 1993 zoning change that mandated public access to the city’s shoreline whenever a waterfront property is redeveloped.
Check out the map
October 22, 2018

MTA will add 1,000 new roundtrips each week during the L train shutdown

During the L train shutdown, 1,000 new alternate roundtrips will be added every week, according to the Metropolitan Transportation Authority. Starting in April, extra service will be added to the A, E, F, J, Z, M, and G lines, NBC reported. The L train will not run between 8th Avenue and Bedford Avenue for 15 months while the Carnarsie Tunnel, heavily damaged by Hurricane Sandy, is repaired. About 275,000 of the L train's 400,000 daily riders are expected to be affected by the temporary shut down.
More this way
October 22, 2018

Newark and NYC appear to be favored for Amazon’s HQ2 site

The hunt for Amazon's second headquarters is still on, more than a year after the company first announced its plan for HQ2. The tech-giant has narrowed its list of potential cities from over 200 to 20, with Newark and New York City both making the cut. Amazon executives recently revisited both of the cities, as well as others like Chicago and Miami, making it seem like the company favors an urban area, as reported by the Wall Street Journal.
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October 13, 2018

FREE RENT: This week’s roundup of NYC rental news

Images (L to R): The Amberly, Helena 57 West, Revetment House and 4540 Center Boulevard The Amberly, 33-Story Tower in Downtown Brooklyn, Launches Rentals from $2,100/Month [link] Manhattan Luxury Rentals at Helena 57 West Offer Up to 1 Month Free + Reduced Security Deposits [link] Live at Revetment House in Jersey City with 1 Month […]

October 6, 2018

FREE RENT: This week’s roundup of NYC rental news

Images (L to R): 525W52, Forty Gold, Riverbank and 505W37 525 West 52nd Street Offers Leases with 3 Months Free; New Affordable Housing Lotto Launches [READ MORE] Downtown Two-Bedroom Rentals at Forty Gold Listed with 2 Months Free on 20-Month Lease [READ MORE] Special Offers at Midtown West’s Riverbank: Rentals from $3,860/Month + New Amenities […]

October 4, 2018

10 of NYC’s most impressive Terra-cotta buildings

Terra-cotta, Latin for "fired earth," is an ancient building material, made of baked clay, first used throughout early civilizations in Greece, Egypt, China the Indus Valley. In more modern times, architects realized that "fired earth" actually acts as a fire-deterrent. In the age of the skyscraper, terra-cotta became a sought-after fire-proof skin for the steel skeletons of New York’s tallest buildings. In the early part of the 20th century, the City’s most iconic structures were decked out in terracotta. You’ll find terra-cotta on famous facades from the Flatiron to the Plaza, but the material often flies under the radar of pedestrians and architecture buffs alike because it can mimic other materials, like cast-iron or carved wood. Now, this long-underappreciated material is getting its due. On October 24th, the Historic Districts Council will present its annual Landmarks Lion Award to the terra-cotta firms Boston Valley Terra Cotta and Gladding, McBean, which work to keep terra-cotta alive worldwide, and to the preservation organization Friends of Terra Cotta, which has worked to preserve New York’s architectural terra-cotta since 1981. The ceremony will take place at Grand Central’s Oyster Bar, under the magnificent Guastavino terra-cotta ceiling recently restored by Boston Valley Terra Cotta. Fired up about finding “fired earth” around town? Here are 10 of the most impressive examples of New York terra-cotta!
Learn more about New York's Terra Cotta Treasures
September 29, 2018

FREE RENT: This week’s roundup of NYC rental news

Images (L to R): Hunters Landing, 33 Bond Street, One Sixty Madison and RiverHouse11 Long Island City’s Hunters Landing Launches Leasing: No Fee Rentals from $2,211/Month [READ MORE] Newly Launched 33 Bond Street in Downtown Brooklyn Offers Rentals with Up to 2 Months Free [READ MORE] NoMad’s One Sixty Madison Offering One Month Free on […]

September 17, 2018

With most approved residential units in NYC, the Bronx building boom continues

Out of the 20 New York City neighborhoods with the most residential units approved within the past year, seven of them are in the Bronx, more than any other borough. According to a new report from Localize.city, a group that analyzes data related to housing, 13 percent of all approved apartments between 2010 and 2015 were in the Bronx. In the first half of 2018, the Bronx had 27 percent of the city's share of approved new units. While a majority of new buildings in the borough are affordable, increasing land prices could mean more market-rate projects are on the horizon, the New York Times reported.
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