Last summer, developers CIM Group, Kushner Companies and LIVWRK acquired the Jehovah’s Witnesses Watchtower building at 25-30 Columbia Heights in Brooklyn Heights for $340 million. The building, known for its iconic red sign, served as the world headquarters of the religious group for years, but they’re relocating to Warwick, New York. Now, work has begun to turn its three 19th century brick and timber buildings into 635,000 square feet of office space, as well as 35,000 square feet of retail and outdoor areas, as Fast Company reports. The new space will be known as Panorama, for its stunning views of the Manhattan skyline and Brooklyn Bridge.
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!
L to R: One Manhattan Square, 247 Cherry Street, 260 South Street, and 271-283 South Street. The image above, created by CityRealty, depicts the possible massing of the new towers; No official design has been released
When L+M Partners and CIM Group announced plans last May for two 50-story towers at 260 South Street, their project joined a growing list of controversial towers sprouting up along the Two Bridges waterfront, including Extell’s 823-foot condo One Manhattan Square, JDS and SHoP Architects’ possible 1,000+ foot rental at 247 Cherry Street, and Starret Group’s shorter rental at 275 South Street. Now, in what’s becoming a trend for the Lower East Side-meets-Chinatown ‘hood, L+M and CIM have revealed plans for their project that actually show increased heights of 69 and 62 stories, or 798 and 728 feet. As first reported by The Lo-Down, the developers plan to include up to 1,350 apartments, 338 of which will be reserved as affordable, senior housing, ground-floor retail, landscaped outdoor spaces by Mathews Nielsen, and an upgraded flood-protection system.
Just in case you had trouble spotting the Western Hemisphere’s tallest residential tower, beginning Monday, 432 Park Avenue will debut a brand new lighting feature that will turn the 1,396-foot supertall into a glowing beacon. As LLNYC reports, 32 LEDs will fill the tower’s five open-air “drum floors” where the building’s mechanicals are situated. 432 Park‘s starchitect, Rafael Viñoly, worked with HDLC Architectural Lighting Design to develop the scheme.
L to R: One Manhattan Square, 247 Cherry Street, 260 South Street, and 271-283 South Street. The above image, created by CityRealty.com, depicts the possible massing of the new towers; No official design has been released
The hotly contested Two Bridges neighborhood–the area along the East River, near the footings of the Manhattan and Brooklyn Bridges where the Lower East Side meets Chinatown–has been making headlines nearly every week, whether it be for a new supertall tower or local residents’ opposition to what they feel is out-of-scale development for the mostly low-rise and low-income neighborhood.
Just yesterday, The Lo-Down obtained information through a Freedom of Information Law (FOIL) request that reveals preliminary plans for two more residential projects that together “would add more than 2,100 residential units and 1.7 million square feet” to the area. A building at 271-283 South Street may rise 60 stories, while another at 260 South Street could reach 66 stories. To put into perspective just how much this planned and under-construction new development will alter the LES skyline, CityRealty.com has put together this Google Earth rendering of all the proposed towers.
Closings at Macklowe Properties/CIM Group‘s Billionaires’ Row blockbuster 432 Park Avenue officially commenced just eight days into the new year, and now that enough time has gone by for these sales to be re-listed as rentals, CityRealty has put together an informative infographic that takes a look at the numbers at New York City’s tallest and most expensive residential building. There’s a lot of fun and fascinating info to be found ahead, but one of the most surprising facts? Of the 141 units available, only 13 have sold to date.
Less than a month after 432 Park Avenue recorded its first sale at $18,116,000, the first unit to close at the Billionaires’ Row blockbuster has appeared on the rental market for $60,000 a month (h/t Curbed). As 6sqft previously reported, “The unit is #35B, a massive 4,003-square-foot, three-bedroom pad with four-and-a-half baths, a private elevator landing, and 10-foot by 10-foot windows providing southern and western exposures with park views.” It was purchased via an LLC, 432 PARKVIEW, but now that it’s been re-listed as a rental, it’s also the first apartment whose interiors we get a peek at outside the generic, digitally-enhanced promotional images that accompany listings.
And so it begins! Closings at Macklowe Properties/CIM Group‘s Billionaires’ Row blockbuster 432 Park Avenue have officially commenced with its first sale showing an impressive $18.116 million figure, as city records released this afternoon reveal. The unit is #35B, a massive 4,003-square-foot, three-bedroom pad with four-and-a-half baths, a private elevator landing, and 10-foot by 10-foot windows providing southern and western exposures with park views. Documents show that the palatial home was purchased via a LLC, 432 PARKVIEW.