260 Eleventh Avenue expansion (Vornado Realty Trust)
A high-tech future awaits the 235,000-square-foot building at 260 Eleventh Avenue that served as headquarters for the iconic Otis Elevator company from its construction in 1911 until the company’s move to midtown 1974. For the site’s next life, REIT Vornado Realty Trust plans to renovate and expand the property, which they purchased in 2015, for commercial tenants. Now, CityRealty reports, a trio of renderings from Vornado’s latest investor report provide a peek at the planned design overhaul by British architect Richard Rogers. Evoking the “inside-out” structure of the Pompidou Center in Paris and the high-tech Lloyd’s of London building, the new addition displays exposed structural and circulation systems and a multi-story atrium beneath glass-enclosed floors.