Michael Stern

Architecture, Central Park South, condos, New Developments, Starchitecture, Top Stories

111 West 57th Street, terra cotta, SHoP Architects, BKSK, skyscraper, skylines, JDS Development, WSP (1)

The construction of Property Markets Group and JDS Development’s 1,421-foot-tall tower at 111 West 57th Street has been the subject of much anticipation and excitement, as it’s slated to be among the tallest residential skyscrapers anywhere and the world’s most slender with a height-to-width ratio of 24:1. But after rising only 20 stories, the SHoP Architects-designed Billionaires’ Row addition has stalled, plagued with budget overruns and headed for foreclosure, the New York Post reports.

What could possibly have happened?

Architecture, Chinatown, Lower East Side, New Developments, Rentals

247 Cherry Street, JDS Development, SHoP Architects, Lower East Side development

There’s a new tallest tower taking over the Lower East Side, and unsurprisingly it comes to us via the supertall super-team of JDS Development and SHoP Architects, the same duo responsible for the 1,438-foot-tall 111 West 57th Street and 9 DeKalb Avenue, Brooklyn’s first 1,000+ foot tower. Their latest record-setter is a 900-foot, 77-story rental building planned for 247 Cherry Street, reports The Lo-Down. It will rise directly next to Extell’s One Manhattan Square, which made waves for its 850-foot height in the low-scale Two Bridges area.

The newest tallest tower between Midtown and Downtown will have a 10,000-square-foot retail base with 600 rental apartments above, about 150 of which will be made permanently affordable. Though the design isn’t finalized, SHoP says it will likely be terracotta brick and glass and feature outdoor terraces in the middle. There will also be a top-floor amenity space for all residents, and SCAPE Landscape Architecture has been tapped to create a publicly accessible plaza surrounding the structure.

More details this way

Architecture, condos, Downtown Brooklyn, New Developments

LPC Approves Brooklyn’s First 1,000+ Foot Tower; New Renderings and Details

By Ondel Hylton and Dana Schulz, Tue, April 19, 2016

og:image, 9 Dekalb Avenue

Brooklyn is finally getting a new skyscraper development worthy of its 2.6 million populace. Today, the Landmarks Preservation Commission approved SHoP Architects‘ vision for 9 DeKalb Avenue, a rehabilitation of the landmarked Dime Saving Bank that will marry it with a dramatic, supertall skyscraper behind, the first 1,000+ foot building to arrive in the borough.

The Beaux-Arts banking hall, which is both an interior and exterior landmark, hosted a J.P. Morgan Chase branch up until last year. Now, its new owners, Michael Stern’s JDS Development and the Chetrit Group, plan to transform the hall into a public and retail space that will complement their new tower. To bring back more of the building’s grandeur, its exterior and interior spaces will be restored, and to accommodate the tower behind, the team is calling for the demolition of two nondescript one- and five-story rear annexes, which will then allow for a grand entrance to the skyscraper and a public through-space.

The LPC was enamored with the project, calling it “flawless” and “enlightened urbanism at its best,” as well as touting that it “improved the vision of this historic landmark.” One commissioner even went so far as to say “It’s similar to the Parthenon sitting on the Acropolis.” The LPC had only a few minor modifications, the most notable being that the teller cages be retained until the team can show a plan detailing how the retail tenant (there will only be one) will use the space.

Get a look at all the presentation materials

Architecture, Downtown Brooklyn, New Developments, Rentals

Joe Chetrit, Michael Stern, JDS Development, Dime Savings Bank, 340 Flatbush Avenue Extension, 9 DeKalb Avenue, tallest tower Brooklyn, SHoP Architects

About a month ago we were treated to a lone rendering of Brooklyn’s future tallest tower at 340 Flatbush Avenue Extension (now re-dubbed 9 DeKalb Avenue) that showed its full 1,066-foot height, towering against the rest of Downtown Brooklyn. Now, Curbed has spotted a full set of views, these showing more facade details and close ups of the building’s triangular base next to the historic Dime Savings Bank.

All the renderings ahead

Architecture, Downtown Brooklyn, New Developments, Rentals

A little over a month ago, 6sqft learned that Brooklyn’s first 1,000+ foot tower, designed by SHoP Architects, would rise a whopping 1,066 feet, amounting to 556,164 square feet of total space. It all started back in 2014 when developers Michael Stern and Joe Chetrit purchased 340 Flatbush Avenue Extension (a five-story mid-century building that takes up about one third of the triangular site in Downtown Brooklyn) for $46 million with plans to demolish it. Then, in December, they closed on the adjacent Dime Savings Bank building for $90 million, providing 300,000 square feet of air rights needed to construct the 73-story tower.

Along with a new rendering, a piece today in the Times reveals some additional details, namely that the supertall will have nearly 500 rental units, at least 20 percent of which will be affordable under the city’s 421-a program. But there’s one issue that could make things a little complicated…

More on that, here

Architecture, condos, New Developments, Williamsburg

First Look at JDS Development’s Boutique Condos Coming to Williamsburg

By Heather Cooper Vivares, Mon, January 25, 2016

AA Studio, Williamsburg Apartments, Smorgasburg, Jeffrey Cole Architects, Williamsburg Condos, Brooklyn apartments,

Near the Williamsburg waterfront and steps away from Bushwick Inlet Park (home to the famed Smorgasburg), Largo Investments and minority partner JDS Development have hatched plans to build a boutique condominium building at 71-73 North 7th Street. The four-story, 15,000-square-foot development will expand upon the structural bones of an existing single-story building, ultimately creating four capacious apartments.

More details on the project

Downtown Brooklyn, New Developments

Brooklyn’s Future Tallest Tower to Hit 1,066 Feet

By Dana Schulz, Tue, January 12, 2016

supertalls, 340 FLATBUSH AVENUE EXTENSION, DIME SAVINGS BANK, JDS DEVELOPMENT, SHOP ARCHITECTS

Less than a month ago, developers Michael Stern and Joe Chetrit closed on Downtown Brooklyn‘s Dime Savings Bank building for $90 million, which provided them with the 300,000 square feet of air rights needed to construct Brooklyn’s first 1,000+ foot tower at 340 Flatbush Avenue Extension. Since news of the future tallest building outside Manhattan first came to light in August, the exact height hadn’t been reported. But now NY Yimby has uncovered the number, and it’s a whopping 1,066 feet, amounting to 556,164 square feet of total space.

Read more

Brooklyn, Downtown Brooklyn, New Developments

supertalls, 340 FLATBUSH AVENUE EXTENSION, DIME SAVINGS BANK, JDS DEVELOPMENT, SHOP ARCHITECTS

It’s official, developers Michael Stern and Joe Chetrit have closed on the Dime Savings Bank building at 9 DeKalb Avenue in Downtown Brooklyn for $90 million, providing them with the air rights needed to build the borough’s tallest tower. According to Crain’s, who first broke the news, Stern and Chetrit will be able to transfer the bank building’s 300,000 square feet of unused development rights to the new structure’s site at 340 Flatbush Avenue Extension. As 6sqft previously reported, the new tower will soar more than 1,000 feet and is being designed by SHoP Architects. It will also be the city’s tallest building outside of Manhattan when complete.

on the deal here

Featured Story

Architecture, Carter Uncut, Central Park South, Features, Midtown, real estate trends

Carter Uncut brings New York City’s development news under the critical eye of resident architecture critic Carter B. Horsley. This week Carter kicks off a nine-part series, “Skyline Wars,” which will examine the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. To start, Carter zooms in on the biggest developments shaping the southern corridor of Central Park.

They did not come from outer space when they landed on our front yard while the NIMBY folk and the city’s planners and preservationists weren’t looking. Some are scrawny. Some are dressed like respectable oldsters. They’re the supertalls and they’re coming to a site near you.

read more here

Architecture, condos, Midtown, Midtown West, New Developments, Starchitecture

Last week, 6sqft brought you an up close and personal look at 111 West 57th Street’s exterior facade mock-up, and now Property Markets Group (PMG), who is co-developing the super-tower with JDS Development Group, posted a nifty interactive panorama of the building’s out-of-this-world views.

Rising from the heart of Billionaires’ Row (New York’s very own Mount Olympus and preferred residence of our anonymous overlords), the building is 80 stories and 1,438 feet high and is nearly perfectly on axis to Central Park–an egotistical perk that Extell’s Central Park Tower and Macklowe/CIM Group’s 432 Park aren’t granted despite having higher apartments.

This way for the views