Search Results for: rezone

Forty-two years after Donald Trump first proposed a mixed-use development on the Upper West Side waterfront, one of the final pieces of the puzzle is coming together. Curbed got their hands on sparkling new renderings of what's now being called Waterline Square, a trio of residential towers on the five-acre site between West 59th and 61st Streets that's part of Riverside Center. In addition to views of the glassy structures, which will offer a combination of condos and rentals, and a Mathews Nielsen-designed park, what makes the reveal so exciting is the roster of starchitects behind the towers--Richard Meier and Partners, Rafael Viñoly Architects, and Kohn Pedersen Fox Associates.
More details and renderings

November 10, 2016

UWS school rezoning proposal aims to reduce crowding and increase integration

By Metro New York

After 25 meetings in two years and amid a mix of public outcry and support, the New York City Department of Education unveiled its final proposal to rezone District 3 on the Upper West Side Wednesday. The move hopes to lessen overcrowding and nurture integration at 11 schools from West 59th Street to West 116th Street. […]

October 25, 2016

Report: Construction spending beat $127B over past three years, set to surpass 2007 peak

By Michelle Cohen

An estimate by the New York Building Congress has construction spending in 2016 at more than $43.1 billion, beating the $41.6 billion high of 2007 and reflecting a 26 percent increase from last year's $34.4 billion, the Wall Street Journal reports. The surge in construction, led by mega-project Hudson Yards on Manhattan's West Side and public projects like the Second Avenue Subway, has led to rising construction costs and an attendant surge in the demand for skilled labor, bringing workers to the city from all over the U.S.
Find out more about what's driving the new boom

Real Estate Trends

October 19, 2016

East Harlem rezoning would allow for towers of up to 30 stories tall

In 2003, East Harlem received a boost when the Bloomberg administration pushed through a plan to rezone a whopping 57 blocks of the neighborhood. The initiative (the first of its kind in 40 years) allowed for increased density along First, Second, and Third avenues, while preserving the lower slung mid-blocks in between. Following the change, the area saw more than a dozen buildings of 8-12 stories sprout up along its busiest stretches. Now, the de Blasio administration is looking to build even bigger, and on Tuesday officials presented their latest upzoning proposal (pdf), a plan that would allow towers up to 30 stories tall to be constructed in the area.
more here

Affordable Housing

Lottery opens for new Crotona Park East affordable development, units from $788/month

Rendering of 1776 Boston Road via DPGroup (L); Google Street View of the site in June 2016

October 17, 2016

Lottery opens for new Crotona Park East affordable development, units from $788/month

Almost exactly two years ago to the date, High Hawk LLC broke ground on a new 72-unit, mixed-income affordable housing development at a long-underutilized site at 1776 Boston Road in Crotona Park East. Known as the High Hawk Apartments, the eight-story building also offers three tenant recreation areas, commercial and retail space, a ground-floor community facility, and a below-grade parking garage. The city aimed to "increase income diversity" in the Bronx neighborhood by dividing the apartments with 18 reserved for households earning less than 60 percent of the area media income and 54 reserved for those earning less than 100 percent. The former group ranges from a $788/month studio to $1,182/month three-bedrooms, while the latter ranges from $1,208/month one-bedrooms to $1,683/month three-bedrooms.
Find out if you qualify

Affordable Housing

My 4000sqft: Inside artist Chad Lewine’s ‘minimal-vibrant’ Brooklyn Navy Yard loft

Our ongoing series “My sqft” checks out the homes of 6sqft’s friends, family and fellow New Yorkers across all the boroughs. Our latest interior adventure brings us to the massive live/work space of a multi-disciplinary artist and designer in the Brooklyn Navy Yard. Want to see your home featured here? Get in touch!

September 26, 2016

My 4000sqft: Inside artist Chad Lewine’s ‘minimal-vibrant’ Brooklyn Navy Yard loft

The artists lofts romanticized by Andy Warhol and Jackson Pollock are long gone in neighborhoods like the East Village and Soho, but if you turn your gaze across the East River to Brooklyn, you'll find that these spaces are far less elusive; Just have a look at the home of multi-disciplinary artist Chad Lewine. One year ago, Chad, a serial loft-liver, went house hunting deep within the Brooklyn Navy Yard and came across a building filled with working artists. At first he took up a room on the top floor of the four-story structure, but shortly after migrated to the second floor where he now shares an incredible 4,000 square feet with a fellow creative. In addition to providing Chad with a place to rest his head at night, the vast full-floor apartment also serves as an office, production studio, painter's workshop, photo studio, party pad and a place to experiment with what he calls his "minimal-vibrant" style. As Chad says, "I've been on the hunt for this kind of space all my New York City life."
take a tour of the space here

August 11, 2016

135 Units of Affordable Housing Planned for the Coney Island Boardwalk

By Emily Nonko

In 2009, former Mayor Bloomberg rezoned the Coney Island waterfront to accommodate new residential and commercial development. While the city has moved ahead to build more amusement park rides at this popular summer destination, there hasn't been an explosion of new residential development since the rezoning. But plans are moving ahead for a nine-story building designed to hold 135 affordable and supportive housing apartments right along the boardwalk. In April, developers Georgica Green Ventures and Concern for Independent Living filed plans for the new building at 2002 Surf Avenue, reports CityRealty.com. Called Surf Vets Plaza, the building will totally transform the corner of West 21st Street and Surf Avenue, which is now a 170,000-square-foot vacant lot.
Read more about the development plans

Lottery Commences for 79 Affordable Units in Crotona Park East

An early rendering of the project, via CityLand

April 29, 2016

Lottery Commences for 79 Affordable Units in Crotona Park East

A couple weeks ago, 6sqft got word of an affordable housing lottery at 1702 Bryant Avenue in the Bronx's Crotona Park East, "one of a few areas that seemed slow to catch up with the rest of the borough." Five years ago, the city rezoned this small neighborhood from light industrial use to residential, which created a rise in affordable housing opportunities. The latest offering is at 950 East 176th Street. It's Building A of the Crotona Terrace development and will have 79 affordable units. Though the address is just a few short blocks from the park, it's also directly adjacent to the Cross Bronx Expressway and elevated tracks of the 2/5 trains, a fact that might seem like less of a nuisance considering the apartments range from $975/month studios to $1,486/month two-bedrooms.
Find out if you qualify

Affordable Housing

April 14, 2016

Mayor’s Affordable Housing Push Brings Tough Questions on Racial Integration

By Michelle Cohen

Affordability vs. racial inclusion may sound like an odd battle to be having, yet it's one that often simmers below the surface in discussions of neighborhood change. The words "Nearly 50 years after the passage of the federal Fair Housing Act..." are, of course, no small part of the reason. And in a city known for its diversity–one that often feels more racially integrated than it is–the question of how housing policy might affect racial makeup tends to be carefully sidestepped, but the New York Times opens that worm-can in a subsection called "Race/Related."
Is there a tradeoff between integration and affordability?

April 14, 2016

Lottery Opens for 10 Affordable Units in the Bronx’s Crotona Park East Neighborhood

In 1977, when President Jimmy Carter visited the South Bronx and declared it the worst neighborhood in the country, he was standing in Crotona Park East, a small neighborhood nestled in the triangle bordered by the Cross Bronx Expressway, the Harlem River, and Crotona Park. Though the Bronx dropped this reputation a long time ago, Crotona Park East was one of a few areas that seemed slow to catch up with the rest of the borough, but five years ago, the city rezoned this stretch from light industrial use to residential, creating a boom in affordable housing opportunities. The latest such development is located at 1702 Bryant Avenue, where 10 newly constructed affordable units are up for grabs through the city's housing lottery. The unit are $931/month one-bedrooms for one person earning between $31,920 and $38,100 annually and two people earning between $31,920 and $43,500.
READ MORE

Affordable Housing

March 23, 2016

POLL: Do You Agree With the City Council’s Citywide Rezoning Approval?

This time last year, Mayor de Blasio put forth his controversial rezoning proposal, part of his plan to preserve and/or create 200,000 units of affordable housing by 2024. It’ll now come to fruition, as DNAinfo reports that the City Council has approved the rezoning. “It includes Zoning for Quality and Affordability, a push to raise building heights […]

February 19, 2016

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

By Carter B. Horsley

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

January 20, 2016

Units Come Online for 180 East 88th Street, Tallest Building Between 72nd Street and Albany

By Ondel Hylton and Heather Cooper Vivares

In spite of a bristling array of glass spires erupting into our man-made mountain range and a global high-rise boom remodeling world cities into alien, cutting-edge anonymity, Manhattan stubbornly manages to appear tellurian. But Joseph McMillan's integrated real estate investment and design company DDG has emerged as one firm genuinely committed to nurturing and progressing our architectural zoo of a city. Their past projects–345 Meatpacking, 41 Bond Street, XOCO 325, and 12 Warren– transcend common architectural styles, clad in a unique palette of materials and composed of an uncanny mashup of parts informed by context, nature, and technology. DDG's latest exotic specimen comes to the architecturally conservative Upper East Side 'hood of Yorkville, at 180 East 88th Street (1558-1556 Third Avenue). The 32-story, 521-foot development will not only be the team's first uptown building, but also their first high-rise. DDG purchased the three-lot parcel from Muss Development for $70 million in 2013, and groundwork earnestly began last spring.
Lots more details and renderings this way

January 13, 2016

New Views of Robert A.M. Stern’s Limestone-Clad 70 Vestry Street

The Related Companies has launched the teaser website for its upcoming Tribeca condominium 70 Vestry Street. Related CEO Jeff Blau signed the purchase contract in December 2013 and closed on the six-parcel lot from Ponte Equities for $115.3 million in early 2014. Site excavation is already well underway, and new renderings of the Robert A.M. Stern-designed building have now surfaced. The project will pay homage to the neighborhood's distinctive warehouse architecture, and in true Stern fashion, will be clad in sumptuous French limestone.
More details ahead

January 6, 2016

Revealed: New Renderings of Renzo Piano’s SoHo Tower at 555 Broome Street

Here's a closer look at Renzo Piano's much-anticipated condominium tower planned for a full block-front in West SoHo, between Broome and Watts streets. Dubbed The SoHo Tower, the 25-story building is being developed by way of a partnership between SHVO, Halpern Real Estate Ventures, Itzhaki Acquisition and Bizzi & Partners Development. The team picked up much of the development site in 2014 for $130 million, and yesterday, the Commercial Observer reported they've secured the final portion of the project site at 555 Broome Street for $9 million.
Even more images of the new tower here

January 6, 2016

First Look at Madigan Development’s Upcoming Hudson Square Tower at 111 Varick Street

At the edge of the Holland Tunnel's Jersey-bound vortex, Madigan Development is planning to build a 15-story, 49-unit residential building at 111 Varick Street. Anchoring the southwest corner of Broome and Varick Streets in West Soho (aka Hudson Square), the tower is replacing a multi-story parking garage and will sit adjacent to another planned 19-story residential tower at 568 Broome Street. Renderings of 111 Varick show a blocky building clad in a drunken checkerboard pattern of glass and stone. While it has yet to be confirmed if the building will be a condo or rental, large layouts and its prime location between Soho and Tribeca allude to condos.
Find out more

December 2, 2015

Living Near a Subway May Be Good for Your Mental Health; The Majority of NY Airbnbs Are Probably Illegal

According to a new study, it is likely that more than half of Airbnb’s NYC rentals violate short-term leasing laws. [NYP] Here are the best NYC neighborhoods for freshly graduated young professionals. [BI] A new study suggests that living close to public transportation “could contribute to reduced risk of depression.” [CityLab] Digesting Mayor de Blasio’s plan […]

Real Estate Trends

Times Square Characters and Performers May Get Confined to Designated ‘Activity Areas’

Map courtesy of the Times Square Alliance

September 11, 2015

Times Square Characters and Performers May Get Confined to Designated ‘Activity Areas’

It looks like Mayor de Blasio's wish of coralling the costumed characters and topless performers in Times Square may be coming true. The Daily News reports that the Times Square Alliance has endorsed the "Times Square Commons" plan, which Manhattan Borough President Gale Brewer and Councilmen Daniel Garodnick and Corey Johnson publicized in an op-ed in the paper yesterday. The proposal would rezone Times Square's pedestrian plaza so that instead of being mapped as a street it would become a special district called Times Square Commons. This area would be divided into three zones: general civic zones, which would feature tables and chairs and arts events; pedestrian traffic flow zones, areas to walk with no physical obstructions; and the aforementioned designated activity zones, small slivers of space that "would allow any activity involving the immediate exchange of money for goods, services or entertainment."
More this way

Policy

The Bronx Is Getting a New Mixed-Use High-Rise Near Yankee Stadium

Google Earth images courtesy of CityRealty

August 11, 2015

The Bronx Is Getting a New Mixed-Use High-Rise Near Yankee Stadium

Brooklyn and Queens have been flush with new condos and rental developments lately, now it's time for the Bronx to get in on the action. Local developer M. Melnick & Co. has begun construction of a mixed-income, 17-story residential and commercial high rise at 810 River Avenue that will be the area's first since it was rezoned in 2009. The company dates back to 1934 and has proven to be reliable builders of multi-family, senior, supportive and mixed-use housing developments around the city.
Find out more right here

August 11, 2015

First Look at 23-Story Condominium Replacing Greenwich Village’s Bowlmor Lanes

Here's our first peek at the 23-story condominium tower replacing the former home of Greenwich Village's iconic Bowlmor Lanes at 110 University Place. Documents filed with the Department of Buildings depict a modest 280-foot-high tower rising from a block-long, one-story retail podium. Situated on a charming stretch of University Place lined with an assorted mix of low and mid-rises, the existing four-story, 75,000-square-foot building housed a parking garage in addition to the famed bowling alley. In 2012, Billy Macklowe, founder and CEO of William Macklowe Company and son of 432 Park Avenue developer Harry Macklowe, purchased a long-term controlling position in the building, which effectively made Macklowe the building's landlord for the next 72 years.
More details right this way

August 6, 2015

First Look at 22-Story Expansion of Downtown Brooklyn’s Hampton Inn Hotel

We all know Brooklyn's residential market is scorching hot, but its hotel market is booming as well. Two hotels recently opened at the borough's Manhattan Bridge entryway, the 174-room Dazzler Brooklyn Hotel and the 116-room Hampton Inn. The latter has just begun construction on a 145-room expansion on an adjacent lot at 156 Tillary Street, and we've uncovered the first look at what the 22-story Stonehill & Taylor Architects-designed tower will look like (an encore to the striped-brick banality that rose in the first phase).
More details ahead

March 27, 2015

REVEALED: ODA Architects Design Cantilevering Ziggurats for Gowanus Site

Another eye- and volume-popping mega-project by ODA Architects may be coming to Brooklyn, and this week's chosen neighborhood is Gowanus. A recently posted video by ODA delves into the thought process of Eran Chen's burgeoning firm and provides some shots of their recent work, including the provocative rendering shown here. We recognized the location only by the "Stop & Frisk Hands Off the Kids" text scrawled across the defunct Brooklyn Rapid Transit Powerhouse building (the "Bat Cave") and pinpointed the project for the full-block parcel at 175-225 Third Street purchased by Kushner Companies and LIVWRK last year. Update via LIVWRK/Kushner’s reps: "The developers are not working with ODA on this project and these designs do not represent our vision for this site or the Gowanus. We are committed to putting forth an outstanding plan that respects the context of the neighborhood and responds to the voices of local stakeholders.” As it turns out, ODA is one of many firms that pitched, and the design was ultimately turned down because it was out of touch with the direction of the neighborhood. Though it won't come to fruition, it does give some scale of what's to come—which will indeed be transformative for the area.
More information here

Citigroup Will Sell Site to Feed Long Island City’s Growing Skyline

Image via LICtalk.com

February 24, 2015

Citigroup Will Sell Site to Feed Long Island City’s Growing Skyline