Search Results for: planned residential development

In July, 6sqft revealed that 12,000-square-foot lot at 45 Park Place in Tribeca (the former site of the controversial Ground Zero Mosque that was shelved four years ago by developer Sharif El-Gamal) was cleared to make way for a huge new condo. The lot is owned by El-Gamal’s SoHo Properties, who, just today, unveiled the final design for the slender, SOMA Architects-designed tower, along with new details, including its 665-foot height and sky-high pricing. As Bloomberg reports, the 70-story glass tower "will include at least 15 full-floor units of 3,200 to 3,700 square feet, and average prices higher than $3,000 a square foot... Prices at that level would be at least 13 percent more than the second-quarter average for new-development listings in the borough."
More details ahead

September 25, 2015

Check Out These Insane Views From Brooklyn’s First 1,000+ Foot Tower

Seeing the boroughs from sky-high heights is nothing new thanks to all the supertall towers in Manhattan, but it's not as common to have a panoramic view of our main island, which is why we had to share this video. JDS Development posted the short clip on their Instagram stream yesterday that shows potential views from their upcoming mixed-use skyscraper planned for Downtown Brooklyn using air rights from the Dime Savings Bank site. If constructed as intended, it will be the first 1,000+ foot tower outside of Manhattan. The nine-second video, whose camera height seems nearly eye-level to the 1,368-foot roof of One World Trade Center, depicts far-reaching, panoramic views to the west and northwest over Manhattan and beyond.
Check it out here

September 24, 2015

Extell’s Church-Encroaching 10th Avenue Tower Tops Out, New Interior Renderings Revealed

With the opening of the 7 train extension earlier this month, things are finally starting to look up for Manhattan's far West Side–literally. Hudson Yard's Coach Tower is nearing its 900-foot apex, and Gary Barnett's Extell Development has topped off construction on its 610-foot high skyscraper at 555 Tenth Avenue. Extell's rental/dormitory project anchors a full block-front between West 40th and 41st streets, and cozies up next to (and above) the neo-gothic Church of Saints Cyril & Methodius and Saint Raphael, from which the savvy developer purchased 140,000 square feet of air rights from in 2012 for $16.5 million. According to previous reports, Barnett obtained the rights to build on the 18,000 square-foot parcel after signing a 99-year ground lease from the estate of Sol Goldman in 2011. The $480 million project is partly financed by means of $100 million from EB5 equity investors.
find out more here

August 27, 2015

Construction Update: Loggia-Crowned Condominium Finally Rises Next to Bryant Park

Bryant Park is one of the city's most cherished spaces, providing a much-needed oasis from the stone and glass canyons of Midtown. But debuting in 2017, a mixed-use tower will grant home buyers their first opportunity to purchase condos directly alongside the ten-acre respite. Simply named the Bryant, the 200,000-square-foot building at 16 West 40th Street will house 57 condo units perched 200 feet above a five-star boutique hotel within the tower's lower levels. The 32-story, 361-foot-high building is being developed by the very-active HFZ Capital, led by Ziel Friedman, and is designed by renowned British architect David Chipperfield, with Stonehill & Taylor serving as the architects of record.
More details ahead

August 19, 2015

REVEALED: Bland Apartment Tower Replaces Karl Fischer’s Indigo Hotel Design in Downtown Brooklyn

Yesterday, we reported a staggering 22,000 residential units are on their way to the northern end of Brooklyn by 2019, 6,412 (29 percent) of which are slated for the half-square mile neighborhood of Downtown Brooklyn. Now, we have our first look at a small chunk of that count: a 105-unit residential building under construction at 237 Duffield Street, in the heart of the borough's central hub.
Find out more here

August 17, 2015

REVEALED: New Renderings of PMG’s Queens Plaza Park, the Future Tallest Tower Outside Manhattan

Here's a closer look at Property Markets Group and the Hakim Organization's upcoming Long Island City skyscraper dubbed Queens Plaza Park. Slated to soar 70 stories-plus into Queens Plaza's burgeoning skyline, the 915-foot tall building will contain a whopping 800 units, and will be, by far, the largest and tallest residential building outside of Manhattan. Positioned at the forefront of transit-accessible Queens Plaza, the project will encircle and incorporate the 88-year old Manhattan Bank Building (affectionately dubbed "the clock tower"). The joint-venture acquired the building for $31 million last November, which itself was once the tallest building on Long Island, and is now calendared to be designated an official city landmark.
more info on the project here

First 1,000+ Foot Tower Outside Manhattan May Rise in Downtown Brooklyn

Rendering based on potential height, via CityRealty

August 5, 2015

First 1,000+ Foot Tower Outside Manhattan May Rise in Downtown Brooklyn

By Michelle Cohen

As the result of the $90 million acquisition of Brooklyn's landmarked Dime Savings Bank building by developers Michael Stern (111 West 57th) and Joe Chetrit, a new residential skyscraper in Brooklyn could nearly reach the height of the Empire State Building. The historic Neo-Roman building at 9 DeKalb Avenue in Downtown Brooklyn–next door to the famed Junior's Restaurant–comes with 300,000 square feet of development rights, which, combined with existing air rights next door at 340 Flatbush Avenue Extension (which the pair bought last summer for $43 million), could be used to build an adjacent tower of nearly 600,000 square feet. The likelihood of a tower that reaches between 1,000 and 1,200 feet has been mentioned by sources close to the deal.
find out more about the planned Brooklyn skyscraper

New Developments

July 15, 2015

From Clipper Ships to Condos: Construction Begins on 161 Maiden Lane at the Seaport

Site excavation has begun on a sleek condominium tower set to erupt into the forefront of one of Manhattan's most iconic and historical vistas. Developed by Brooklyn-based Fortis Property Group, a 5,000-square-foot site at 161 Maiden Lane is slated to give way to a 150,000 square-foot tower positioned to become downtown's first residential skyscraper directly fronting the East River. Earlier this month, Curbed (via Fredrik Ecklund's Instagram) revealed the project's official name of "One Seaport" and that it will rise 60 stories. Whether that number reflects actual floors or phantom Trump floors remains to be seen, but permits filed with the Department of Buildings last summer detail a 51-story, 640-foot glass prism designed by Goldstein Hill & West Architects (GHWA). Either way, given the project's location, small lot size and lack of height limitations, One Seaport promises to be a new marker in the downtown skyline that will provide its lucky residents with spectacular views of the bridges, Brooklyn, and beyond.
Click here for the past, present, and future of 161 Maiden Lane

July 13, 2015

West Chelsea’s Tallest Tower Rises and Finally Reveals Itself

Residential construction along the High Line continues at full steam as a rash of activity along the park's northern extents rises higher and larger than earlier developments farther south. To provide a gradual transition from mid-rise West Chelsea to the enormous skyscrapers planned for the Far West Side, the Bloomberg administration in 2005 allowed more generous zoning between West 28th and 30th streets along Tenth and Eleventh avenues. Earlier this week Curbed, via ILNY's Flickr photostream, gave us our first look at West Chelsea's future tallest structure, a 425-foot rental tower at 319 Tenth Avenue that is part of a trio of buildings being developed by Long Island-based Lalezarian Properties.
Take a look at this new tower and learn more about it

Photo via Garrett Ziegler/Flickr

June 15, 2015

5Pointz Artists Sue Developer for Whitewashing Iconic Graffiti Facade

Photo via Garrett Ziegler/Flickr It's been 19 months since the 5Pointz graffiti mecca was secretly whitewashed overnight by the developers who have since razed the site to make way for the two residential towers that will replace it. Then, to pour salt in the wound, this past November G&M Realty announced that they planned to use the iconic 5Pointz name for their new project, infuriating the artists whose work adorned the building and leading them to launch a petition to stop the title. Now, the plot has thickened. Nine graffiti artists filed a lawsuit on Friday "seeking unspecified damages from the owner who whitewashed away their artwork," reports the Daily News. The plaintiffs claim they're owed financial compensation as they were not given the opportunity to retrieve their work, much of which could have ended up in museums or the artists' personal collections. The lost collection amounts to more than 350 graffiti pieces.
More details here

Extell May Build Brooklyn’s Tallest Tower at City Point

Rendering of City Point with a previously envisioned 65-story tower

June 3, 2015

Extell May Build Brooklyn’s Tallest Tower at City Point

Extell, the development company best known for gobbling up billionaires' row sites and building supertall towers like One57, is venturing into Brooklyn, a place they've long avoided. The New York Times reports that Extell has bought the last development site at City Point, a huge, mixed-use complex in Downtown Brooklyn that will include residential and retail space, and, of course, a massive food hall. Extell will pay $120 million for the city-owned property, on which they will likely build a 500-unit rental building. What's more noteworthy than Extell's move into the borough, though, is the fact that the tower could reach 60 stories, according to Extell president Gary Barnett, which would make it the tallest building in Brooklyn.
READ MORE

VIDEO: Preview the Interiors of Jean Nouvel’s MoMA Tower Ahead of This Week’s Sales Launch

Image: Bloomberg

May 18, 2015

VIDEO: Preview the Interiors of Jean Nouvel’s MoMA Tower Ahead of This Week’s Sales Launch

By Michelle Cohen

Since it started making news in 2006, the starchitect-designed condominium tower at 53 West 53rd Street, officially known as 53W53 along Manhattan's "Billionaire's Row," has progressed slowly, stalled until last September when developers were able to obtain 240,000 square feet of development rights from MoMA and the St. Thomas Episcopal Church for $85.3 million and secure a $860 million construction loan. The Jean Nouvel-designed 1,050-foot asymmetrical tower, often called MoMA Tower, is adjacent to the museum and will occupy three of its lower floors. Now Bloomberg brings us a video interview with Nouvel and interior designer Thierry Despont from the building's sales gallery that opens the door on the building's interiors–or at least those of the building's furnished model unit, which is more than we've gotten so far. We also get to behold a sleek model of the tower's facade surrounded by its neighbors. The architect says that there are "...almost no two similar apartments in the building because on every floor the shape and the layouts are different."
Check out the interiors and the video this way

The Nordstrom Tower Will Not Be Taller than 1 World Trade Center, Says Developer Gary Barnett

Rendering of the tower NY Yimby

May 12, 2015

The Nordstrom Tower Will Not Be Taller than 1 World Trade Center, Says Developer Gary Barnett

Yesterday, new details on Extell's Nordstrom Tower were leaked, stating that the tower's height had been stretched 20 feet to trump the One World Trade Center. But it looks like the news was all fodder as Extell Development boss Gary Barnett has stepped out denying that his supertall slated for 217 West 57th Street will reach such heights. The NY Post spoke with Barnett late yesterday and the developer told the paper that the tower “will categorically not be taller than One World Trade Center.” Barnett clarified that the building will reach 1,775 feet (with its spire) as planned, which is just one foot shorter than the One World Trade Center.
More on what Barnett had to say

April 22, 2015

Crimes Against Architecture: Treasured NYC Landmarks Purposely Destroyed or Damaged

At Monday's MCNY symposium “Redefining Preservation for the 21st Century,” starchitect Robert A.M. Stern lamented about 2 Columbus Circle and its renovation that rendered it completely unrecognizable. What Stern saw as a modernist architectural wonder, notable for its esthetics, cultural importance (it was built to challenge MoMA and the prevailing architectural style at the time), and history (the building originally served as a museum for the art collection of Huntington Hartford), others saw as a hulking grey slab. Despite the efforts of Stern and others to have the building landmarked, it was ultimately altered completely. This story is not unique; there are plenty of worthy historic buildings in New York City that have been heavily changed, let to fall into disrepair, or altogether demolished. And in many of these cases, the general public realized their significance only after they were destroyed. In honor of the 50th anniversary of the NYC landmarks law, we've rounded up some of the most cringe-worthy crimes committed against architecture.
Check out our list right here

April 17, 2015

Long Island City’s Hot New Park-Front Project Liv@ Murray Park North Set to Begin Sales

While Manhattan buyers typically pay a great premium for a park-front address, a single subway stop away in Long Island City, a new condominium aptly named Liv@ Murray Park North will begin sales with homes starting around $400,000. Developed by George Xu and Century Development Group, the six-story, 39-unit building will house a mix of studio, one- and two-bedroom apartments designed by Queens' own Raymond Chan Architects. Liv@ Murray Park North is located at 11-35 45th Avenue along the northern frontage of the 2.5 acre Murray Park/Murray Playground. Similar in size to downtown's Gramercy Park, the community jewel is LIC's largest green space not situated along the East River. The park is also across from the neighborhood's sole historic district and is positioned centrally between the area's two booming high-rise nodes–the master-planned Hunter's Point waterfront community and the Court Square-Queens Plaza business district.
More on the project ahead

April 6, 2015

Interior Renderings for SHoP’s 111 West 57th Street Tower Revealed

Hot on the heels of last week's release of a new teaser site and rendering showing just how tall, slender and skyline-changing SHoP Architect's new tower at 111 West 57th Street will be, comes brand new renderings of the exterior and, for the first time, a look at the interiors. The images, uncovered by YIMBY, show the bronze and terra cotta supertall's elegant column-free spaces, as well as the incredible unobstructed views afforded by its 1,428 feet.
Inside the supertall here

Extension of NoMad Historic District Has Preservationists at Odds with Building Owners

Broadway between 26th and 27th Streets, part of the current Madison Square North Historic District, via Wiki Commons

March 31, 2015

Extension of NoMad Historic District Has Preservationists at Odds with Building Owners

Over the past few years, NoMad (north of Madison Square Park) has been the subject of countless articles looking at its rise to becoming a go-to place for culture, food, business, and residential opportunities. In fact, as we reported last June, since 2009 the neighborhood has seen price-per-square-foot averages rise by 40 percent. But not everyone looks at this neighborhood as the next frontier. Local residents and preservationists see the area as a relic of the late 19th century, when it was home to the city’s most opulent hotels and mansions and brownstones occupied by New York’s elite, as well as of the Roaring Twenties, when the community boomed as a commercial hub. For these cultural reasons and for NoMad's wealth of industrial and gilded architecture, a proposal will be heard tonight in front of the landmarks committee of Community Board No. 5 to extend the Madison Square North Historic District. NoMad property owners and developers don't agree with the proposal, citing that the area's building stock has been significantly altered over the years. As the Wall Street Journal reports, "The face-off is significant because it is centered in an area that has seen hundreds of millions of dollars of private investment, with new hotels and apartment buildings breaking ground, and new stores and restaurants opening almost weekly. In the eyes of real-estate executives, it would freeze growth in a rare section of Midtown Manhattan still ripe for development."
More details

March 26, 2015

The Knickerbocker: Times Square’s First Luxury Hotel Is Reborn as a Modern Landmark

When John Jacob Astor IV built the Knickerbocker Hotel in 1906, he launched a generation of luxury Times Square hotels. The Beaux Arts masterpiece attracted the likes of F. Scott Fitzgerald, John D. Rockefeller, and Italian tenor Enrico Caruso. It was the birthplace of the martini and the site where the sale of Babe Ruth from the Red Sox to the Yankees took place. But after just 15 years, the hotel's success declined just as fast as it emerged and it was repurposed as an office space, later becoming the Newsweek Building. Today, though, the landmark is reclaiming its title of ultimate luxury hotel under its original moniker. After a two-year, $240 million modern renovation, the Knickerbocker offers 330 guest rooms, a rooftop bar and lounge with the ultimate view of the Times Square ball drop, and a foodie destination restaurant from chef Charlie Palmer.
Uncover the history and future of the Knickerbocker

Rent Stabilization Demystified: Know the Rules, Your Rights, and if You’re Getting Cheated

Image by Jorbasa Fotografie / Flickr

March 24, 2015

Rent Stabilization Demystified: Know the Rules, Your Rights, and if You’re Getting Cheated

By Michelle Cohen

In New York City there are currently about one million rent stabilized apartments–about 47 percent of the city’s rental units. So why is it so hard to snag one? What are the benefits of having one (other than affordable rent, of course)? According to the New York City Rent Guidelines Board nearly 250,000 rental units have lost the protections of rent regulation since 1994. Why are we "losing" so many of them?
Find out the facts and how they could affect you

March 23, 2015

NYC Is the Worst State for Rich People; MTA Is Still Short $15B

With the state’s new fiscal year looming, there’s still no specific plan in place to close the MTA’s $15B funding gap. [NYDN] Sorry, but there won’t be an Andy Warhol Museum coming to Essex Crossing after all. [BB] The former historic church at 344 West 36th Street slated to come down for a new hotel. […]

Real Estate Trends

REVEALED: ODA’s New Bushwick Rental Project Looks a Lot Like BIG’s 8 Tallet in Copenhagen

ODA’s 10 Montieth Street (L); BIG’s 8 Tallet (R)

March 20, 2015

REVEALED: ODA’s New Bushwick Rental Project Looks a Lot Like BIG’s 8 Tallet in Copenhagen

If imitation is the sincerest form of flattery, then Bjarke Ingels should give himself a big pat on the back. A newly revealed residential design by architectural firm ODA for the Rheingold Brewery site in Bushwick looks a lot like Bjark Ingels Group's (BIG) 8 Tallet in Copenhagen. The Denmark building takes the shape of a figure 8 with a sloping ramp that runs from the base of the building to its roof, creating a large interior courtyard. Similarly, the 400-unit rental building planned for Bushwick at 10 Montieth Street has a subtle bow-tie shape with a sloping, zig-zagging green roof and amenity-laden courtyard. And just as 8 Tallet is the largest private development ever undertaken in Denmark, ODA's 400,000-square-foot building would be the largest residential building ever built in the area if completed.
More details on the proposed project

February 27, 2015

Revealed: AB Architekten’s 29 Clay Street to Bring Manhattan Modernism to Greenpoint

A proposed 12-story residential building near the mouth of Newtown Creek in Greenpoint may bring some avante-garde design to a neighborhood better known for its low-slung factories, unpretentious row-houses, hearty Polish community, and an immense wastewater treatment plant. Coming from the office of AB Architekten, led by Alexander Blakely, a 70,000-square-foot proposal at 19-29 Clay Street is envisioned to rise directly across from the long-promised Box Street Park, and it may be the first of a multitude of high-rises set to radically transform the neighborhood's waterfront.
More information on the proposed project

February 4, 2015

Why 5 Pointz Couldn’t Be Saved; Construction on Staten Island’s Giant Observation Wheel Starts Soon