Search Results for: hudson+yards

October 22, 2016

Weekly highlights: Top picks from the 6sqft staff

Lottery opens for new Crotona Park East affordable development, units from $788/month SL Green breaks ground on One Vanderbilt, NYC’s second tallest tower – see new renderings Bethenny Frankel checks out Robert DeNiro’s former $20M West Village penthouse Amid declining bookings, new Trump hotel brand drops his name Listings go live for Extell’s amenity-filled Hudson […]

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October 18, 2016

FEMA finally agrees to update flood-zone maps; Can Tavern on the Green reclaim its iconic status?

By Dana Schulz

Fashion designer Betsey Johnson has dropped the price of her Upper East Side condo to less than she originally paid for it. [NYO] Mayor de Blasio and FEMA announce plans to update the city’s FEMA maps after complaints that as many as one-third of homes didn’t belong in the flood zones. [ABC7] 10 anti-Trump works of […]

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October 13, 2016

Waitlist opens for affordable, four-bedroom co-ops in Lincoln Center, from $102K

By Dana Schulz

The Lincoln-Amsterdam House is a 25-story co-op building that stretches from West 64th to 65th Streets along the eastern side of West End Avenue, just one block away from Lincoln Center. It's a Mitchell-Lama development, which, as 6sqft previously explained, is a program "created in 1955 to provide affordable rental and cooperative housing to moderate- and middle-income families." As of today, the 100-name waitlist is open for four-bedroom units in the building to households with a minimum of six persons earning between $33,440 and $149,531 annually. The co-ops will sell from $102,814 to $109,545.
Find out more

Affordable Housing

October 7, 2016

Construction update: Soori High Line’s soaring ceilings and private, heated pools take shape

By Ondel Hylton

Soo K. Chan, founder of Singapore-based firm SCDA Architects, says "good architecture should move the human spirit." The practice's first New York development, a ground-up condominium named Soori High Line at 522 West 29th Street, certainly elicits a high degree of "wow," conveyed through its soaring 19-foot ceilings, equally tall windows, private heated swimming pools, and living room fireplaces. The $70 million project is a joint venture between Siras Development and Soo Chan's real estate arm Oriel. 6sqft took a tour of the still-under-construction building, where it was clear that even in its raw unfinished state, the opulence of Soori's homes is already undeniable.
See all the renderings and construction shots this way

October 3, 2016

Artist brings 4,000 redwood trees to Downtown Brooklyn

By Michelle Cohen

A big green sign that greets drivers from Manhattan coming over the Williamsburg Bridge reads, "Name It...We Got It!" Among the many things to which the borough can now lay claim: A dense grove of 4,000 redwood trees in the middle of Downtown Brooklyn's Metrotech Commons. It's this unlikely juxtaposition that has brought the trees, with roots in prehistoric times and known to grow bigger than the Flatiron Building and longer than the Brooklyn Bridge, to this spot steps from Shake Shack. The mini-redwood forest is called "Lost Man Creek," an art installation by Brooklyn-based artist Spencer Finch that opened on October 1. It's a scaled-down (to one hundredth the size) replica of a 790-acre section of California's Redwood National Park, planted in partnership with the Save the Redwoods League.
See more of this magical mini-forest

Events & Things To Do

September 27, 2016

$11.5M full-floor West Village loft is available for the first time in 40 years

By Emily Nonko

Talk about a rare property: this full-floor, sprawling loft at 68 Jane Street, in the West Village, hasn't hit the market in 40 years. With all that space--and time--the owner has smartly designed the interior to take advantage of the 28 windows, several of which boast a dramatic arch, and 11.5-foot beamed ceilings. Built with virtually no structural walls, a new owner willing to pay $11.5 million will have the freedom to create their own dream loft here.
Take a look

Distinctive Homes

September 26, 2016

Could Bjarke Ingels’ floating shipping containers work for student housing in NYC?

By Tracy A. Marciano

When college students arrive to the big city they often bring with them dreams of glamorous apartments, but they soon get hit the reality of a cramped dorm room covered by student loans or an awkward apartment shared with several strangers. Over in Denmark, where 40,000 beds are needed to accommodate an exploding student population, Kim Loudrup realized the enormity of the student housing shortage (inventory and affordability) and partnered with the country's prodigal son Bjarke Ingels on a new, sustainable student housing design made from floating shipping containers. Called Urban Rigger, they hope this modular idea can extend to other waterfront cities and even solve other housing problems like the refugee crisis.
Could this idea take off here?

Architecture And Design

September 22, 2016

REVEALED: Port Authority releases five design proposals for new bus terminal

By Dana Schulz

On Tuesday, an agreement was reached between West Side elected officials and the Port Authority that said the agency would expand the planning process for a new $10 billion bus terminal with more local input. And just today they've revealed the five proposals that were submitted to a design competition to replace the currently loathed site. Crain's brings us videos of the ideas, which come from big-name firms Pelli Clarke Pelli Architects, Arcadis, AECOM in partnership with Skidmore Owings & Merrill, Perkins Eastman, and Archilier Architecture Consortium. Though this seems counter to the agreement, John Degnan, the Port Authority's New Jersey-appointed chairman, said he doubts "any one of them will be the final design," since they either further complicate existing planning issues or cost billions over budget.
Take a look at them all here

September 17, 2016

Weekly highlights: Top picks from the 6sqft staff

By Dana Schulz

REVEALED: Thomas Heatherwick’s $150M climbable Hudson Yards sculpture ‘The Vessel’ PHOTOS: After two-year renovation, NYPL’s historic Rose Main Reading Room will reopen October 5th AECOM wants to turn Red Hook into a 45,000-unit mega-development with new subway connection Judge orders Sean Lennon to remove tree that’s damaging Marisa Tomei’s parents’ house Ex-Fox News chair Roger […]

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September 13, 2016

AECOM wants to turn Red Hook into a 45,000-unit mega-development with new subway connection

By Dana Schulz

What do you get when you cross the new-waterfront nature of Battery Park City with the previous underutilization of Hudson Yards, and throw in a little Brooklyn? This massive proposal from big-time construction and engineering firm AECOM that would turn a huge section of the Red Hook waterfront into a residential mega-development with more than 12 towers, 45,000 units of housing (25 percent of which would be affordable), an extension of the 1 train, acres of parkland, and "waterfront-flood protections that would revitalize and protect the low-lying neighborhood from storms and future sea-level rise," as Crain's first reported. AECOM is presenting the idea today at the NYU Rudin Center for Transportation. They've already admitted that it "lacks key details" like hard costs, but they do estimate that one of their scenarios could generate $130 million in revenue for the city. The sites in question are the 80-acre Red Hook Container Terminal owned by the Port Authority of New York and New Jersey, a similarly sized parcel along Columbia Street overlooking the Gowanus Bay that's owned by the city, and unused land at the Red Hook Houses. Under their plan, the sale or lease of land to developers, would fund the aforementioned infrastructure projects.
More details and renderings ahead

Architecture And Design

September 12, 2016

Waitlist re-opens for affordable rentals in Kips Bay mid-rise, units from $952/month

By Diane Pham

NYC's Housing Connect has announced today that it will re-open its waiting list for Henry Phipps Plaza South, an affordable residence located at 330 East 26th Street in the heart of Kips Bay. The 14-story post-war building boasts a total of 407 units and was developed under the Federal housing financing program. As such, 290 of the units have been reserved for New Yorkers earning less than 50 percent of the area median income, and residents of this building will pay no more than 30 percent of their adjusted income on rent.
Income requirements and offers this way

Affordable Housing

September 12, 2016

Apply today for six units in prime Astoria, starting from $1,158/month

By Dana Schulz

Starting today, qualified New Yorkers can apply for six affordable apartments at 28-22 Astoria Boulevard, a new mixed-use building just two blocks away from the Astoria Boulevard N, Q station and three blocks from the popular Bohemian Hall and Beer Garden. The seven-story, red-brick corner rental has 25 apartments with retail on the ground floor. The affordable units, reserved for those earning between 60 and 80 percent of the AMI, are three $1,158/month studios and three $1,330/month one-bedrooms, quite the deal considering market-rate units in the building are renting for around $3,000/month for one-bedrooms and $4,300/month for two-bedrooms.
Find out if you qualify here

Affordable Housing

September 8, 2016

Live in ODA’s stacked Long Island City rental for $850/month, lottery opens for 35 units

By Dana Schulz

For those who think affordable housing and creative design don't go together, this Long Island City rental from ODA Architects could very well change their minds. Known as 2222 Jackson Avenue, the 175-unit, 11-story building features the firm's signature stacked cube shape and an exposed concrete facade that "maintains the structure’s seeming ability to change shape as natural light plays with the unique silhouette of the structure," according to the teaser site. As of tomorrow, 35 apartments here will be up for grabs through the city's affordable housing lottery. Units will range from $850/month studios to $1,274/month three-bedrooms, quite the deal considering residents will be living right across from MoMA PS1 in one of the city's trendiest 'hoods.
Find out if you qualify

August 22, 2016

Off the avenue: Is Park Avenue losing its edge in the office market?

By Michelle Cohen

Park Avenue has for decades been the office district of choice for many of the city's high-profile–and high-rent–corporations. But a recent Crain's article points to impending departures–such as the decision of investment firm Black Rock to decamp for new space in Hudson Yards or the World Trade Center, raising the question of whether the avenue's biggest office zone, from East 45th to East 59th streets, is falling out of favor with big-ticket business tenants. The city's office market is, without a doubt, changing. Industries like tech are growing and the financial industry is consolidating and in some cases downsizing its office space. The neighborhood, which charges the city's highest average rents, has been slow to catch up with the needs of new office tenants.
People moving out, people moving in

Real Estate Trends

August 8, 2016

79 Affordable Units Up For Grabs in New Luxury Hell’s Kitchen Project, Starting at $913/Month

By Dana Schulz

Last June, Mitsui Fudosan, one of the largest real estate companies in Japan, bought a majority stake in Taconic Investment Partners' 525 West 52nd Street, a $330 million rental development between 10th and 11th Avenues. As the Journal reported at the time, the two-towered Hell's Kitchen project (one is 22 stories, the other 14) will offer 392 apartments with 80 set aside for low-income residents, as it was developed through the city's 421-a program. Now, those affordable units have come online through the city's housing lottery, and they range from $913/month studios to $1,183/month two-bedrooms.
Find out what luxury perks the building offers

Affordable Housing

July 14, 2016

Sweet Hell’s Kitchen Duplex Has Pre-War Charm, a Smart Layout and Outdoor Space for $990K

By Michelle Cohen

It's almost as if this unique little duplex at 461 West 44th Street can't take a bad picture. There isn't a room unblessed by charm–including two good-sized bedrooms, a huge closet/dressing room and an amazing amount of (shared but directly accessible) well-tended outdoor space, all for a surprising-for-Manhattan $990,000. Situated near the corner of a tree-lined block in Hell's Kitchen, the co-op's 990 square feet seem more spacious than that number would suggest, as is often the case when two units are combined. The fixtures, finishes and overall design have been carefully curated with an eye for both beauty and function, and there are more than a few surprises, including a 1951 Chambers stove and a back door just off the kitchen that opens onto an almost-private planted patio.
Tour this one-of-a-kind west side home

Distinctive Homes

July 7, 2016

Manhattan View Condo Launches Full Website, Touting Luxury Amenities and Far-Reaching Views

By Katy Cornell

Co-developers Kuafu Properties and SCG America have fully launched their website marketing 151 Jamie Drake-designed condos called Manhattan View. For those in search of an upscale home in Midtown West, it's unlikely that Manhattan View can escape your radar for long. The residences are perched on 13 floors atop the Arquitectonica-designed MiMA Tower at 460 West 42nd Street, and the exclusive collection of apartments will provide richly appointed amenities and far-reaching views of the city and waterways. The new website leads with a fun and quirky film of the building that tours its apartments and amenities and grants a view of the lifestyle it hopes to provide its residents.
More details and the full video ahead

June 15, 2016

Developer Wants to Erect the World’s Tallest Free-Fall Ride Atop Penn Station

By Diane Pham

Observation decks boasting panoramic city views have been to date the way to add a "thrill-seeking" element to new developments, but here's a new proposal that really wants visitors to throw their arms up in excitement. As the Daily News first reports, two Brooklyn developers want to turn the top of Penn Station into the world's tallest free-fall tower ride, an idea that would be developed alongside all the renovations planned for the outdated transit hub. "Halo," as it would be called, is the work of AE Superlab and would rise an incredible 1,200 feet from the roof of Madison Square, or be tacked onto the back of the adjacent Farley Post Office, which is slated to be converted into a waiting hall to support expanding station. And in addition to Halo's towering height (to put that 1,200 feet in perspective, the Empire State Building is 1,250 feet at its parapet), the ride's 11 cars would boast adjustable speeds. Cars could be modified to move as quickly as 100 miles per hour giving it a top-to-base free fall of about six seconds.
find out more here

June 14, 2016

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

By Ondel Hylton

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).
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Local Governments Say State Law Gives MTA Too Much Zoning Freedom

Construction at Hudson Yards, where the MTA says it worked with local elected officials

June 8, 2016

Local Governments Say State Law Gives MTA Too Much Zoning Freedom

By Dana Schulz

New Yorkers know all too well that the debt-ridden MTA is constantly on the hunt for ways to raise funds, most of which, like fare hikes and toll increases, come straight out of our pockets. But the Wall Street Journal brings to light another, less direct way the agency may be looking to boost revenue. Under a provision in the state budget, the MTA would be exempt from local laws and zoning regulations when developing property. For example, a new apartment building on MTA-owned and -leased land "could be exempt from local property taxes and not contribute to the cost of services for the new residents." Local governments are concerned that this stipulation would lead to build-happy developers seeking out MTA property to bypass typical local reviews.
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June 7, 2016

One Vanderbilt Will Cost a Whopping $3.14 Billion

By Dana Schulz

Another supertall tower will join the $3 billion+ club. The Real Deal reports that SL Green Realty has pegged the cost of One Vanderbilt, Midtown's future tallest tower, at $3.14 billion. The city's largest office landlord also said it hopes to close on a $1.5 billion construction loan by the end of the summer, leaving $1.64 in equity needed to complete the 1,401-foot tower designed by Kohn Pedersen Fox. As TRD notes, One World Trade Center became the world's most expensive office tower in 2014 when it opened with a final cost of around $3.8 billion. Bjarke Ingels' planned High Line tower known as the Spiral is also expected to run over $3 billion.
More details this way

June 6, 2016

To Increase Affordable Housing, De Blasio Pushes Bill to Lift Development Caps

By Dana Schulz

In a continued quest to push ahead with his goal of adding/preserving 200,000 units of affordable housing over the next decade, Mayor de Blasio is backing a bill that will end state-imposed FAR (floor-area-ratio) caps to promote the construction of affordable housing. By lifting the size limits for residential buildings, and thereby increasing the number of units, neighborhoods currently affected by the cap, such as the Financial District, Midtown, and Hudson Yards, "could see both market-rate and affordable-housing stock soar," reports the Post. However, opponents of the bill feel that there's an underlying motive, catering to developers who have recently been called out for making hefty contributions to de Blasio.
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June 3, 2016

45 East 22nd Street Tops Out, Officially Tallest Skyscraper Between Midtown and Downtown

By Ondel Hylton

Who would have thought the most alluring residential skyscraper addition to the city's post-recession boom would not rise in Midtown, near its overly-discussed Billionaires' Row, or near the city's historical skyscraper center, the Financial District, but rather smack dab between the two at 45 East 22nd Street in the Flatiron. Overlooking Madison Square Park and its turn-of-the-century engineering marvels--the Flatiron Building and Metropolitan Life Building--the svelte glass spire has fully ascended to its full 65-story, 777-foot peak. A malnourished baby on the world stage, the building's height is less than a third of the world's tallest building and will contain a paltry 83 condominium units priced from $2.5 million for a one-bedroom to $38 million for one of its two penthouses.
More on the building this way

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