Search Results for: planned residential development

It's been three years since Long Island City's beloved graffiti mecca 5Pointz was whitewashed overnight and a year and a half since renderings first surfaced of the bland 41- and 47-story rental towers that would replace the site at 22-44 Jackson Avenue. Despite a perceived lack of respect towards the artistic community, G&M Realty’s David Wolkoff eventually said he planned to set aside 20 artists’ studios and displays to make up for those lost at 5Pointz, and it looks like he's making good on his word. HTO Architect, who designed the towers, initially put forth views of a large public park and rotating mural exhibit that would fill the space between the buildings, and now 6sqft has uncovered renderings from Mojo Stumer of the artsy entryway, lobby and pool, which reveal the graffiti-inspired logo for the project.
See it all right here

December 13, 2016

Historic districts and landmarking: What they mean and how they could affect you

In New York City, where buying and selling real estate is a high-stakes endeavor, the topic of historic and landmark designation is frequently raised. There are heated discussions on the subject of listing neighborhoods or buildings on the State and National Register of Historic Places or having them designated by the city’s Landmarks Preservation Commission. It's important to know what those organizations do and the distinctions between them. You could even be eligible for significant financial aid for your renovations if you own property in an historic district.
Find out what these designations mean, how you could benefit from them and why they're sometimes controversial.

December 13, 2016

Renderings revealed for 724-foot Lower East Side tower, final piece of controversial site

The historically low-income, low-slung neighborhood of Two Bridges--the area along the East River, near the footings of the Manhattan and Brooklyn Bridges where the Lower East Side meets Chinatown--has become a high-rise hotbed over the past year. Despite the controversy that the four planned projects, all upwards of 700 feet, have caused, they're moving along fairly swiftly, and The Lo-Down now has the big reveal for the final site--Starrett Group's 259 Clinton Street. Perkins Eastman Architects have designed the 724-foot, 62-story glass tower, which will have ground-floor retail and 732 apartments, 25 percent of which will be permanently affordable with a good chunk being set aside for low-income seniors.
More details and renderings ahead

December 10, 2016

VOTE for 6sqft’s 2016 Building of the Year!

By 6sqft

For new developments, 2015 was the year of reveals, but 2016 was all about watching these buildings reshape our city. Ahead we've narrowed a list of 12 news-making residential structures, each noted for their distinctive design, blockbuster prices, or their game-changing potential on the skyline or NYC neighborhoods. Which of these you think deserves 6sqft's title of 2016 Building of the Year? Have your say below. Polls for our third annual competition will be open up until 11:59 p.m., Sunday, December 11th*, and we will announce the winner on Tuesday, December 13th!
Learn more about each of the buildings in the running here

New Developments

Apply for 195 affordable units in Long Island City’s glitzy new rental tower The Hayden, from $913/month

Current view of construction via 6sqft

November 22, 2016

Apply for 195 affordable units in Long Island City’s glitzy new rental tower The Hayden, from $913/month

Rockrose Development's newest Long Island City rental The Hayden commenced its affordable housing lottery earlier this November. As first reported by Court Square Blog, the massive 50-story, 924-unit, amenity-filled complex at 43-25 Hunter Street will deliver 195 below-market units to the western Queens neighborhood when it opens sometime in 2017. The subsidized units are earmarked for households who earn no more than 60 percent of the area median income, and according to the building's official lottery webpage, range from $913/month studios to $1,183/month two-bedrooms.
Find out if you qualify

Affordable Housing

November 9, 2016

Lincoln Center: From Dutch enclave and notorious San Juan Hill to a thriving cultural center

By Michelle Young

The glossy cultured patina of Lincoln Center reveals nearly nothing of what the neighborhood once was, and New Yorkers, accustomed to the on-going cycle of building and demolition, have likely forgotten (or never knew) about the lively San Juan Hill neighborhood that was demolished to make way for the famous cultural center. Any such development dating from the 1960s wouldn't be without the fingerprints of the now-vilified Robert Moses, who was more than willing to cut up neighborhoods both poor and wealthy in the eye of progress.
Learn more about Lincoln Center's incredible past here

October 7, 2016

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

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

Developer of the world’s tallest prefab tower in Brooklyn is exiting the modular business

Image via Field Condition

October 6, 2016

Developer of the world’s tallest prefab tower in Brooklyn is exiting the modular business

After boasting that it had “cracked the code” on modular construction, with plans for a Brooklyn factory, developer Forest City Ratner is exiting the prefab building business, reports the New York Times. The factory at the Brooklyn Navy Yard will be sold to Roger Krulak, a former Forest City executive, along with the technology used to construct the world's tallest prefabricated steel structure, the 32-story 461 Dean Street in the Pacific Park complex in Brooklyn. Construction on the building has just been completed and 461 Dean is weeks from getting its first residents.
Find out more

Architecture And Design

September 21, 2016

POLL: Is Journal Square the Next Brooklyn?

These days, everything seems to get the Brooklyn stamp. The Post even went so far as to declare Pennsylvania's Amish Country the new incarnation of the borough. But a bit closer to home, Jersey City's Journal Square is making serious headway in the race to become the next frontier. As CityRealty.com recently explained, the slightly-inland area, easily accessible to Manhattan via the PATH train, is prime for development due to lower land and construction costs than the waterfront. At least 10 major residential projects are planned for Journal Square, and according to Ken Pasternack, chairman of developer KABR Group, "Rents for a new-development high rise will be $40 a square foot here, as opposed to $100 in Manhattan. We’re betting tens of millions of dollars that in the next 10 years, the neighborhood will be a brand on par with Brooklyn."
Do you agree?

Real Estate Trends

September 21, 2016

Debt-beleaguered site of Norman Foster’s 3 Sutton Place condo tower is cleared for sale

A US Bankruptcy Court judge has approved a plan to sell the 3 Sutton Place site at at 426-432 East 58th Street, one of the city's most luxurious old enclaves, reports the New York Post. Brokers have been selected to conduct the marketing of the 262,000-square-foot project that includes plans for a 900-foot-tall condominium tower drawn up by British architect Sir Norman Foster of Foster + Partners.
Find out more

August 24, 2016

POLL: For $2.5 billion, is the Brooklyn-Queens Streetcar still a good idea?

When the Mayor officially endorsed the plan for a Brooklyn-Queens streetcar, the estimated cost to realize the project was pinned at $2.5 billion. Since then there have been plenty of purported roadblocks that some believe could balloon costs further, such as the claims that the 16-mile streetcar route would run entirely through flood zones and require two new bridges. But the latest comes via Crain's, who reports that the necessary train yard/maintenance facility for the cars may be the size of an entire city block and cost $100 million, which only adds to concerns that the Brooklyn Queens Connector (BQX) may become more of an economic burden than the city can take on. While that may or not be so, proponents maintain that the cars are absolutely necessary. Not only are a number of areas along the BQX's proposed routes underserved by existing transit, but with all of the new office and residential developments planned for Brooklyn's waterfront, the fact is, adding additional transit is a necessity, not an option.
More details on the train yard and share your opinion

Transit

August 6, 2016

Brooklyn’s Tallest Tower Finishes Construction and Commences Leasing

Back in 2007, a run-of-the-mill row of three- to four-story walk-up buildings bounded by Willoughby, Bridge and Duffield Streets was ordered to vacate to make way for a soaring mixed-use skyscraper developed by AvalonBay Communities. Without warning, shopkeepers were given between 30 and 120 days to clear out or face court eviction, evidence of the impact of gentrification on Downtown Brooklyn. The district's 2004 rezoning sparked the development of thousands of new apartments (6,400 in the pipeline according to our latest count) and is finally getting a dusting of office space too. Now, after an arduous, decade-long journey of assembling an 11-parcel site, clearing and excavating it, and throwing up nearly one million square feet into the air, Avalon has finally finished construction and has kicked off leasing of the building's upper collection of homes called Avalon Willoughby Square.
Get the scoop on Avalon's deals

July 20, 2016

Landmarks Tells BKSK Architects to Cut Height of Proposed Eight-Story UWS Resi Building

By Diane Pham

It's back to the drawing board for BKSK Architects, reports CityRealty.com. At yesterday's LPC meeting, architects Harry Kendall and Todd Poisson presented BKSK's proposal for a new seven-unit residential building at 466-468 Columbus in the Central Park West Historic District being developed by the Roe Corporation. The project would require the demo of an innocuous three-story brick building dating back to 1894 (the existing building facade was updated in 2006), replacing it with an even taller masonry building with a facade punctuated by terra cotta louvers and topped with a modern cornice. The building would also host two retail units on its ground floor and an eighth-floor setback that would give the penthouse a private terrace. While the LPC had no issue with knocking down the existing building, they were less keen on some of the other items.
More here

July 19, 2016

Pricing Revealed for Essex Crossing’s SHoP-Designed Condo Tower

Though Essex Crossing will bring 1.65 million square feet of residential, community, and commercial space to the Lower East Side, only one of the 10 sites will offer condos--242 Broome Street. Located at Site One, the SHoP Architects-designed tower is currently getting its foundation poured, and along with this groundbreaking comes a sales website with new details on the project, reports CityRealty.com. The 14-story building will have a five-story base to house retail and commercial tenants and a bowling alley from Splitsville Luxury Lanes. On the fifth floor will be a cultural space (the Andy Warhol Museum previously planned to open an outpost here) and rooftop sculpture garden. Above will be 55 one- to three-bedroom condos, 11 of which will be affordable. Tentative pricing for the market-rate units ranges from $1,275,000 to $7,000,000, according to the latest edition of Elliman Magazine (the brokerage will be handling sales).
More details this way

June 29, 2016

JDS and SHoP’s Cherry Street Tower Will Be Taller Than Expected, May Reach 1,000 Feet

Back in April, the power team of JDS Development and SHoP Architects unveiled plans for a 900-foot, 77-story rental building at 247 Cherry Street in the Two Bridges area of the Lower East Side. This neighborhood has become controversial for a recent influx of sky-high development; 247 Cherry will rise directly next to Extell's 850-foot One Manhattan Square and not far from two 50-story towers at 265-275 Cherry Street. Its 900-foot height would've made it the tallest tower between Midtown and Downtown, but left it 100 feet shy of the supertall status JDS and SHoP are known for (the duo is responsible for the 1,438-foot-tall 111 West 57th Street and 9 DeKalb Avenue, Brooklyn’s first 1,000+ foot tower). However, Bowery Boogie reports today that the height may actually be at or above 1,000 feet, rising 80 stories.
More details ahead

June 14, 2016

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

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

Donald Trump’s Stake in Two Major Towers Came From a Lost Battle With China

1290 Avenue of the Americas in NYC (L); 555 California Street, formerly Bank of America Center, in San Francisco (R); Images courtesy of Vornado

June 1, 2016

Donald Trump’s Stake in Two Major Towers Came From a Lost Battle With China

When Donald Trump made an attempt to own the Empire State Building, he partnered with a foreign real estate investor, in this case from Japan. But it ended in a lawsuit and a public smear campaign before he ultimately sold back his stake. A similar turn of events surrounded his dealings with another high-profile Midtown building and related San Francisco tower; you may recall this quote from the day he announced his candidacy: "I beat China all the time. I own a big chunk of the Bank of America building and 1290 Avenue of the Americas that I got from China in a war. Very valuable." As the Times explains, the battle may not have gone down quite like the Donald says, with him schmoozing his way to the top and eventually waging a losing legal battle.
The full story ahead

Richard Meier Flips Favored Palette from Ivory to Ebony for Developer Pal’s Turtle Bay Tower

Photo: Rendering of 685 First Avenue designed by architect Richard Meier for developer Sheldon Solow VIZE/RICHARD MEIER & PARTNERS ARCHITECTS

May 19, 2016

Richard Meier Flips Favored Palette from Ivory to Ebony for Developer Pal’s Turtle Bay Tower

Pritzker Prize-winning architect Richard Meier has long been known for his modestly-scaled building designs with exteriors on the whiter side of pale. But for developer Sheldon Solow's new 42-story 556-unit residential building, currently under construction at East 39th Street and First Avenue on Manhattan's East Side, the New York Five starchitect will be designing a tower of black glass. The developer will be unveiling a residential tower, Meier's tallest and largest in New York City, according to the Wall Street Journal, that will consist of a rectangular slab with a recessed niche above the midsection, "a polished specimen of neo-Modernist simplicty" in typical Meier fashion–except it will be clad in glassy black. The mix seems to perfectly represent a collaboration between old friends and East Hampton near-neighbors Meier and Solow, who has pointed out that "All my buildings are black."
Find out more about the new rental, condo and commercial project

May 16, 2016

Not Tall Enough! On the World’s Stage, New York’s Supertalls Are Ungraceful Runts

By Carter B. Horsley

Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. Ahead, Carter brings us his ninth and final 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 takes at aim the quality of design of those towers rising around the city right now, and how they fail to inspire when compared to those found internationally. The explosive transformation of the New York City skyline now underway is occurring without any plan in a very haphazard fashion. Some of the new towers are not ugly but compared to many new ones elsewhere, especially those that are free-standing, they’re not going to win many top honors. Many are very thin, mid-block incursions. Others arrogantly abut and loom over landmarks with nary a thought to context. Some clearly are aimed at one-percenters and offer lavish amenities and layouts. But many others are squeezing potential residents like sardines into very small apartments in attempts to set new “density” records.
The towers that got it wrong, and right

Architecture And Design

May 11, 2016

Skyline Wars: Accounting for New York’s Stray Supertalls

By Carter B. Horsley

Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. Ahead, Carter brings us his eighth 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 looks at the "stray" supertalls rising in low slung neighborhoods. Most of the city’s recent supertall developments have occurred in traditional high-rise commercial districts such as the Financial District, the Plaza District, downtown Brooklyn and Long Island City. Some are also sprouting in new districts such as the Hudson Yards in far West Midtown. There are, however, some isolated "stray" supertalls that are rising up in relatively virgin tall territories, such as next to the Manhattan Bridge on the Lower East Side and Sutton Place.
read more from carter here

Architecture And Design

May 3, 2016

Skyline Wars: New Jersey’s Waterfront Transforms With a Tall Tower Boom

By Carter B. Horsley

Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. Here, Carter brings us his seventh 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 looks at the new New Jersey skyline. The hulking, 781-foot-high Goldman Sachs tower at 30 Hudson Street in Jersey City is like the Rock of Gilbraltar to Lower Manhattan’s famed skyline: massive and impressive. To some, perhaps, it conjures a Monty Python catapult or a very steep cliff on which to mount the Guns of Navarone for an assault on Lower Manhattan. It dominates the Jersey City skyline, which is a bit Spartan, especially in comparison with Brooklyn’s. Most of the skyscrapers in Brooklyn, however, are not directly on the waterfront and the Goldman tower is very much “in your face” on the water. Furthermore, all of a relative sudden, Jersey City is about to explode with three taller towers, which I can only describe as delirious, dancing, shimmy-shimmy-shake buildings with drop-dead vistas of Manhattan and the Hudson.
read more from carter here

May 3, 2016

172 Madison Tops Out and Reveals Renderings for Incredible Penthouse with Two Pools

Within the Empire State Building's five o'clock shadow, an eruption of glossy residential high-rises are nipping at the dame's feet. Embracing a thoroughfare most familiar for its commercial connotations, the latest tower to ascend is a 33-story condo simply known by its address, 172 Madison Avenue. The 130,000-square-foot skyscraper is being developed by Tessler Developments and is among a half-dozen residential buildings planned for a central, yet undefined neighborhood that is almost Murray Hill, but not quite NoMad. Its topped off concrete frame rises nearly 450 feet above its East 33rd street corner, which was previously occupied by a ubiquitous clump of commercial, low-slung masonry structures. Now with its debut pegged for early next year, the symmetrically-massed tower designed by Karl Fischer Architects is being dressed in its sparkly coat of reflective glass that is accentuated by robust onyx-colored frames. And along with this debut, comes new renderings of the triplex penthouse dubbed the SkyHouse, which is a massive marble palace with two outdoor pools.
All the details and renderings ahead

April 30, 2016

The Upper West Side Readies For Two Synagogue-Replacing Condo Skyscrapers