Search Results for: durst organization

Renderings revealed for the renovated Condé Nast cafeteria, Frank Gehry’s first NYC project

Renderings via the Durst Organization/Studios Architecture

December 6, 2017

Renderings revealed for the renovated Condé Nast cafeteria, Frank Gehry’s first NYC project

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The fabled Condé Nast cafeteria--starchitect Frank Gehry's first ever project in New York--is getting a revamp and will reopen to new tenants in the Four Times Square office tower. The Post reports that the titanium-wrapped, fourth-floor venue is going to be integrated into a $35 million, tenants-only space in the 1.2-million-square-foot tower. The building's owner, the Durst Organization, says that while the space will have more seats, Gehry's signature elements have been preserved, like the curved-glass “curtains,” undulating titanium walls, and banquette seating nooks. 6sqft received a first look at
It'll now be run as a food hall
Snag a middle-income apartment in COOKFOX’s EŌS from $1,448/month

Image courtesy of EŌS

December 1, 2017

Snag a middle-income apartment in COOKFOX’s EŌS from $1,448/month

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EŌS, a COOKFOX Architects-designed 47-rental mixed-use tower in Midtown West, is accepting applications for 19 newly constructed, middle-income studio, one- and two-bedroom apartments. Located at 855 Sixth Avenue (aka 100 West 31st Street), EŌS sits just a quick walk away from nearby shops, restaurants and transit options found in Midtown, Chelsea and the Flatiron District. Qualifying New Yorkers earning 90, 100, 110 and 120 percent of the area median income can apply for units ranging from a $1,448-per-month studio to a $2,519-per-month two-bedroom.
Find out if you qualify
First look at Halletts Point’s phase two reveals pair of blocky, glass towers

Rendering of Halletts Point’s second set of buildings pulled from construction site, courtesy of The Durst Organization

September 20, 2017

First look at Halletts Point’s phase two reveals pair of blocky, glass towers

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Construction of the Durst Organization’s first development outside of Manhattan, Halletts Point, a $1.5 billion waterfront development in Astoria, is moving full speed ahead. As CityRealty learned, new renderings hanging outside of the construction site reveal two blocky towers covered in glass, with rows of balconies at their corners. Earlier this month, construction topped out on the project’s first two towers at 26-01 1st Street, designed by Dattner Architects. Now, work has officially begun on the second pair of buildings at 26-02 1st Street and 26-40 1st Street.
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Barry Diller pulls the plug on $250M Pier 55 offshore park

Photo: Pier 55, Inc./Heatherwick Studio.

September 14, 2017

Barry Diller pulls the plug on $250M Pier 55 offshore park

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Barry Diller, the billionaire chairman of IAC, announced he's killing the $250 million project that promised to bring a futuristic offshore park and cultural site to the Hudson River's dilapidated Pier 54. 6sqft previously covered the unfolding saga of the ill-fated project, known as Pier 55 (or sometimes as "Diller Park"), as opposing factions continually blocked its progress and were eventually revealed to be funded by prominent New York real estate developer Douglas Durst. According to the New York Times, Diller said Wednesday that his commitment to build the undulating pier would be coming to an end—an inglorious one for a bold plan that some, and certainly Diller himself, saw as a new Manhattan waterfront icon to rival the nearby High Line.
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Bjarke Ingels’ VIA offering 36 middle-income affordable apartments, from $1,448 a month

Photograph © Danica O. Kus

August 11, 2017

Bjarke Ingels’ VIA offering 36 middle-income affordable apartments, from $1,448 a month

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In October of 2015, 6sqft reported that applications were being accepted for the 142 affordable apartments set aside for low-income tenants at the tantalizing tetrahedron that is starchitect Bjarke Ingels' VIA 57 West, a newly-minted rental residence at 625 West 57th Street. Word comes today that the lottery has opened for the middle-income portion of the building's affordable housing inventory. The half-block-long residential development contains 709 units, of which 20 percent have been deemed affordable. Of the 36 middle-income units available, studios have been priced between $1,448-$1,949; $1,554-$2,091 for one-bedrooms; $2,089-$2,519 for two-bedrooms; and $2,902 for three-bedrooms, each adjusted for income.
complete details here
The National Debt Clock will move back to One Bryant Park
June 6, 2017

The National Debt Clock will move back to One Bryant Park

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While the debt continues to grow, the ticker that estimates the current national figure is temporarily coming down this month. The National Debt Clock at 1133 Sixth Avenue will be moved on June 8 to make way for a new entrance at the Durst Organization’s building just one block away to One Bryant Park (aka the Bank of America Tower), the spot where the original clock first stood, as the Post reported. Real estate developer Seymour Durst first put up the ticker on the corner of Sixth Avenue and 42nd Street in 1989, when the debt was a mere $3 trillion. Today’s debt totals over $19 trillion, with each family’s average share more than $168,000, according to data from the US Treasury.
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Queens Astoria Cove waterfront site on the market for $350 million ahead of expected 421-a renewal

Image courtesy of STUDIO V Architecture

April 3, 2017

Queens Astoria Cove waterfront site on the market for $350 million ahead of expected 421-a renewal

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A 2.2 million-square-foot mixed-use development site known as Astoria Cove, on nearly nine acres along the East River in Astoria, is seeking a buyer, asking $350 million, Crain's reports. The site hit the market in mid-March in anticipation of the reinstatement of the 421-a affordable housing tax credit program that had languished since its expiration over a year ago amid debates between the Real Estate Board of New York (REBNY) and unions on whether to require higher wages in certain cases. Alma Realty Corp. hired Cushman & Wakefield investment company to market the site; according to sales executive Bob Knakal, "We wouldn't have hit the market with Astoria Cove in the past 16 months because of the uncertainty around 421-a, but there's been a sense of optimism in recent weeks that 421-a will be back and with it, the land market will strengthen."
Find out more
Waitlist opens for middle-income apartments at downtown’s historic Front Street
March 6, 2017

Waitlist opens for middle-income apartments at downtown’s historic Front Street

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In 2005, the Durst Organization and COOKFOX Architects completed a restoration of 11 landmarked rowhouses along the historic, cobblestoned Front Street in the South Street Seaport, preserving the nearly 200-year-old structures. In addition, they constructed three new buildings on the block between Beekman Street and Peck Slip to offer a total of 13 street-level retail spaces and 95 residential units above. The New York State Housing Finance Agency provided more than $46 million in funding for the project, and as such stipulated that five percent of the apartments be reserved as below-market rate. Back in 2012, a waitlist opened for these units, and as of today, the next waitlist is accepting applications. The middle-income homes are available to those earning no more than 150 percent of the area median income and range from $2,268/month studios to $2,913/month two-bedrooms.
Find out if you qualify
Renderings revealed for Gensler’s communal sky lobby at One World Trade Center
October 21, 2016

Renderings revealed for Gensler’s communal sky lobby at One World Trade Center

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Tenants at One World Trade Center who occupy floors above 65 are required to change elevators at the 64th floor. When the building opened its doors two summers ago, the Durst Organization noticed that these elevator banks became a natural mingling area, and so decided to forego plans to make the space into offices and instead keep it open as an open sky lobby. Commercial Observer got a first look at renderings of the commons designed by Gensler, whose principal and design director Tom Vecchione referred to it as "a shared piazza for the entire building." In addition to a cafe, it will offer a game room and a 180-person meeting room that can be split into two or host fitness and yoga classes.
More renderings and details ahead
Buried treasures from the city’s past will be on view at a new Manhattan research center
October 5, 2016

Buried treasures from the city’s past will be on view at a new Manhattan research center

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New York City has catalogued and created a digitized archive of the many buried artifacts from its past; Wednesday the Landmarks Preservation Commission is officially opening a repository of those countless artifacts. The New York Times reports that the Nan A. Rothschild Research Center–the first municipal archive devoted to a city’s archaeological collection, has found a home in Midtown Manhattan. More than a million artifacts will now be available for viewing by researchers and scholars by appointment; a digital archive is already available. The climate-controlled repository at 114 West 47th Street contains artifacts from 31 excavated sites from all five boroughs, including the city’s first major historical dig, the Stadt Huys (now 85 Broad Street in Lower Manhattan), which, when the artifacts were discovered in 1979, raised the idea that archaeological treasures were buried beneath old buildings.
Find out what you can dig up at the digital archive
Photographer Iwan Baan captures Bjarke Ingels’ now-complete Via 57 West from all angles
September 9, 2016

Photographer Iwan Baan captures Bjarke Ingels’ now-complete Via 57 West from all angles

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On Wednesday, Bjarke Ingels' famous rental tetrahedron Via 57 West wrapped up construction, and now that the cranes are down and the shimmering facade panels are all set in place, we can see the building in its true glory. Architectural photographer Iwan Baan wasted no time, releasing a captivating set of images that showcase the half-block-long development from just about every angle, including some incredible aerial shots. First shared by designboom, the photographs provide never-before-seen vantages of the building's central courtyard, as well as views of how the 32-story building fits in with the skyline.
Ogle all the photos
Port Authority plans to sell One World Trade Center for up to $5B
September 6, 2016

Port Authority plans to sell One World Trade Center for up to $5B

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It's been almost two years since Condé Nast's 3,400 employees moved into One World Trade Center. At the time, only 58 percent of its 3 million square feet of space was leased, but the hope was that the media company's presence and perceived confidence in the $3.8 billion tower would attract more tenants. This didn't quite pan out, as it's still one third empty, and the Port Authority continues to drop $3 million a month to cover Condé Nast's old lease (this amounted to $47.6 million in 2015 alone). Due to these issues, along with the fact that the tower only brought in $13 million in revenue last year-- a mere 0.35 percent return on its investment--the cash-strapped Port Authority has made plans to sell One World Trade Center for as much as $5 billion. As Crain's notes, this would be the highest price ever paid for an office building in the country.
More details ahead
Friday 5: Live in Midtown for less, modern towers now offering free rent

Every Friday 6sqft rounds up five of the best rental deals showcased on CityRealty.com’s no-fee rentals page, a space where house hunters can find the best concessions being offered by landlords across the city.

September 2, 2016

Friday 5: Live in Midtown for less, modern towers now offering free rent

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If you love being in the thick of it all, there's no area of New York that pulsates quite like Midtown. With ample entertainment and dining options along every street and on every corner; stunning architecture spanning numerous decades and styles everywhere you look; and no shortage of transit options to deliver you to just about any neighborhood in a matter of minutes, this neighborhood is made for the truest of urban explorers and city enthusiasts. Ahead are five extra-tall modern towers that put the city's spectacular offer up close and personal—and they're all giving out free rent!
check out who's offering deals here
Friday 5: Where to Find Free Rent and Deals in NYC’s Top Starchitect-Designed Buildings

Every Friday 6sqft is rounding up five of the best rental deals showcased on CityRealty.com’s newly launched no-fee rentals page, a space where house hunters can find the best concessions being offered by landlords across the city.

July 29, 2016

Friday 5: Where to Find Free Rent and Deals in NYC’s Top Starchitect-Designed Buildings

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No longer are New York's most distinguished and architecturally avant-garde residential buildings limited to condos and co-ops. With more design-attuned renters on the market, developers are tapping the world's best architects to make their rental properties stand out. A spate of renowned designers have hit the city's architectural scene as of late, including of-the-moment starchitect Bjarke Ingels, long-time favorite Robert A.M. Stern, and Pritzker Prize winner Christian de Portzamparc. While rental prices in these properties are usually higher than average, these buildings provide condo-level finishes, gracious and unique layouts, and all the amenities a renter could wish for. The slowing rental market and the influx of hundreds of new apartments have compelled landlords to offer some short-lived deals and incentives to attract lease-signers. See our list below of the five most stunning new rental buildings that are now offering rental concessions.
See all the deals here
Mark Cuban Opening Upscale Movie Theater at Bjarke Ingels’ Via 57 West
July 11, 2016

Mark Cuban Opening Upscale Movie Theater at Bjarke Ingels’ Via 57 West

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The lucky residents of Bjarke Ingels' Via 57 West tetrahedron will not only get starchitecture bragging rights and access to the 22,000-square-foot courtyard and amenities such as a swimming pool and gold simulator, but they'll also have a state-of-the-art, eight-screen movie theater right in the building. According to the Wall Street Journal, the Durst Organization has teamed up with Landmark Theatres, owned by billionaire entrepreneurs Todd Wagner and Mark Cuban of "Shark Tank" fame. The 30,000-square-foot theater will take up residency within the 45,000 square feet of ground-floor retail space in Via, which will also welcome the American Kennel Club’s dog-care center and a location from Livanos Restaurant Group.
Find out more
EŌS, The City’s Shortest Skyscraper, Now Renting From $4,705/Month in Midtown West
June 14, 2016

EŌS, The City’s Shortest Skyscraper, Now Renting From $4,705/Month in Midtown West

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EŌS, the mixed-use tower in Midtown West that 6sqft knighted as the shortest skyscraper in the city, is approaching its construction finish line and after a decade in the making, its 300 rental units are coming online. Countering our superlative, the fully launched website leads with an image of a bath-robed woman perched high above the city looking to the east - the building is named after the Greek winged goddess of the dawn afterall. The site also publishes new renderings of apartment interiors, some of the building's many amenities, and its far-reaching views across the city. The 500-foot-tall sleek glass slab was designed by COOKFOX Architects and developed by the Durst Organization. Though quite anonymous from the outside, across its 47 stories are an array of uses that include 122,000 square feet of commercial space that Nike is reportedly anchoring, 70,000 square feet of retail, and 375 residential units above (20 percent of which are designated as affordable).
Get more details
The Port Authority Paid $47.6M in 2015 to Cover Condé Nast’s Move to One WTC
April 12, 2016

The Port Authority Paid $47.6M in 2015 to Cover Condé Nast’s Move to One WTC

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Though the Port Authority of New York and New Jersey would like you to think it's been smooth sailing finding tenants for One World Trade Center, their spending habits say otherwise. As Crain's reported, more than a year after Condé Nast made the big move from 4 Times Square to One World Trade, the agency is still dropping $3 million a month to pay for the old lease. This deal came about in 2011 when the Port Authority offered the incentive to entice the media company to relocate amid floundering activity at the downtown tower. In 2015 alone, they spent $47.6 million, and the payments are expected to continue into 2019 (when the lease ends) unless building owner the Durst Organization can find a new tenant.
More details ahead
Pricing Revealed for Market-Rate Rentals at Bjarke Ingels’ Via Tetrahedron
February 25, 2016

Pricing Revealed for Market-Rate Rentals at Bjarke Ingels’ Via Tetrahedron

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Bjarke Ingels' ever-captivating tetrahedron, officially known as Via 57 West and located at 625 West 57th Street, is set to hit the rental market on March 1st, and ahead of the launch, the Durst Organization has released pricing information, reports Curbed. In total, the flashy building will have 709 apartments, 142 of which are affordable and start at just $565/month. The market-rate units, however, will be considerably pricier, with an average asking price of $2,770/month for studios, $3,880 for one-bedrooms, $6,500 for two-bedrooms, $11,000 for three-bedrooms, and a whopping $16,500 for four-bedrooms. Eight listings have already gone live, and they're offering two months free on a 14-month lease or three months free on a 27-month lease.
More details ahead
Groundwork Begins on Bjarke Ingels’ Curvaceous East Harlem Development
February 23, 2016

Groundwork Begins on Bjarke Ingels’ Curvaceous East Harlem Development

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With approved permits in place, Blumenfield Development Group is ready to move forward on their Bjarke Ingels Group-designed mixed-use project at 146 East 125th Street between Lexington and Third Avenues. Initial ground testing has taken place, and a construction fence has been erected along the lot's northern 126th Street frontage. According to permits filed in December 2014, the upcoming 230,000-square-foot building will contain 40,000 square feet of commercial space and 233 apartments, 20 percent of which will be designated as affordable.
More details ahead
Skyline Wars: What’s Rising in Hudson Yards, the Nation’s Largest Construction Site
February 19, 2016

Skyline Wars: What’s Rising in Hudson Yards, the Nation’s Largest Construction Site

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Carter Uncut brings New York City’s breaking development news under the critical eye of resident architecture critic Carter B. Horsley. This week Carter brings us the third installment of “Skyline Wars,” a series that examines the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. In this post Carter zooms in on Hudson Yards. The Hudson Yards neighborhood in Far Midtown West is one of the country’s most active construction areas. Construction cranes dot its emerging skyline and dozens more are promised now with the district's improved connection to the rest of the city. Last fall, the 7-line subway station at Eleventh Avenue and 34th Street opened with one-stop access to Times Square. The newly-minted station features a lengthy diagonal escalator bringing commuters to the front-door of the huge mixed-use project being created over the rail yards west of Tenth Avenue between 30th and 33rd streets. Originally, a second station was contemplated on 41st Street and Tenth Avenue but transit officials claimed it could not afford the $500 million expenditure, despite the enormous amount of new residential construction occurring along the far West 42nd Street corridor. Nevertheless, the finished Hudson Yards station deposits straphangers into a new diagonal boulevard and park between 10th and 11th Avenues that will ultimately stretch from the Related Companies / Oxford Property Group's Hudson Yards master plan northward to 42nd Street.
read more from carter here
Housing Lottery Commences for EŌS, Live in NYC’s Shortest Skyscraper for $566/Month
February 8, 2016

Housing Lottery Commences for EŌS, Live in NYC’s Shortest Skyscraper for $566/Month

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The affordable housing lottery for the Durst Organization's nearly finished rental tower EŌS at 855 Sixth Avenue launches today, according to the NYC HPD. One year ago, 6sqft reported on the 42-story structure's topping out, which at exactly 500 feet makes it officially tied as the shortest skyscraper in the city. Now, with full leasing slated to begin this spring, the application process for the 75 newly constructed, below-market rate apartments set aside for low-income residents is open. Rents in the Midtown West tower will range from $566/month studios to $930/month two-bedroom units.
More renderings and details ahead
De Blasio to Announce $2.5B Brooklyn-Queens Streetcar Line
February 4, 2016

De Blasio to Announce $2.5B Brooklyn-Queens Streetcar Line

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Earlier in the month, 6sqft shared news of a detailed proposal from non-profit advocacy group Friends of the Brooklyn Queens Connector that called for a Brooklyn-Queens streetcar line to connect "underserved, but booming" areas of the boroughs. The city must've been listening, because Mayor de Blasio is expected to announce today in his State of the City speech that he'll be backing such a proposal. Like the original scheme, the city's plan will run 16 miles along the East River, from Astoria to Sunset Park, but at a projected cost of $2.5 billion, it will be significantly more expensive than the previous estimate of $1.7 billion, but significantly less than a new underground subway. Not only would the streetcars serve bustling commercial hubs like the Brooklyn Navy Yard and Long Island City, but they'd provide access for about 45,000 public-housing residents.
More details
$1.7B Light Rail Connecting the Brooklyn-Queens Waterfront Proposed
January 6, 2016

$1.7B Light Rail Connecting the Brooklyn-Queens Waterfront Proposed

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The dream of a Brooklyn-Queens light rail is moving further into the realm of reality. Back in July last year, 6sqft reported that an advisory committee comprised of developers, transportation experts and civic organizers was in the midst of forming to address the need for a more robust transportation system that could connect underserved, but booming, areas of Brooklyn and Queens. Now as the Daily News tells us, a non-profit advocacy group called Friends of the Brooklyn Queens Connector has officially materialized to tackle the issue, and they've just released a detailed proposal revealing the route and the potential design the modern streetcars could take on.
Find out more about the proposal here
VOTE for 6sqft’s 2015 Building of the Year!
December 7, 2015

VOTE for 6sqft’s 2015 Building of the Year!

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If you thought 2014 was an outstanding year that gave way to great new developments, 2015 could easily be considered epic. In the last 12 months, we've seen the rise of the supertalls along Billionaires' Row, a few groundbreaking structures that challenge traditional architectural geometry, and starchitect-designed towers with absurd asking prices. Here we've vetted 12 of the hottest buildings in NYC, noteworthy for their envelope-pushing design, record-breaking prices, or unprecedented height. So, in our second annual poll, we want to know what you think: Out of the dozen, which deserves the title of “2015 Building of the Year?” To help you make an informed decision, we've provided an overview of each contender, along with news highlights from the year. We're taking votes up until 11:59 p.m., Monday, December 7th, and we will announce the winner on Wednesday, December 9th. Happy voting, 6sqft readers!
Learn more about all the buildings in the running ahead
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