Taconic Investment

Topped-out construction at 180 Broome Street - Delancey Street Associates

Essex Crossing Tops Out at 180 Broome Street on the Lower East Side

7:30 am on April 19, 2019 By Sebastian Morris

A new mixed-use tower within the billion-dollar Essex Crossing development has officially topped out above the Lower East Side, Manhattan. Located at 180 Broome Street, the 26-story tower is designed by Handel Architects and will eventually contain 175,000 square feet of office space, 263 rental units, and 27,000 square feet of retail area. The building is expected to complete by the end of 2020, while the full Essex Crossing project is planned to wrap up by 2024.

Leasing Officially Launches for Essex Crossing’s “The Essex,” at 125 Delancey Street, on The Lower East Side

7:30 am on January 9, 2019 By Sebastian Morris

Leasing has officially launched for The Essex, a new residential rental tower on Manhattan’s Lower East Side. The 26-story building at 125 Delancey Street will be the tallest component of the 1.9 million square foot Essex Crossing development, comprised of residential buildings, commercial components, a 14-screen Regal Cinemas, redevelopment of the historic Essex Market, and a new bazaar-style marketplace.

Developers Break Ground on 1,000-Unit Residential Complex at 1709 Surf Avenue, in Coney Island

7:30 am on November 7, 2018 By Sebastian Morris

Construction is now underway on a Phase I of a sprawling, mixed-use development in Coney Island, Brooklyn. Located at 1709 Surf Avenue, the complex will eventually deliver 1,000 residential units, 150,000 square feet of retail space, and around 80,000 square feet of office area.

115 Delancey Street, image by Andrew Campbell Nelson

Ten Questions With Charles Bendit, Co-CEO of Taconic Investment Partners

8:00 am on February 27, 2018 By Andrew Nelson

Of all the developments currently under construction in New York City, none have been in the making for longer than Essex Crossing, which is rising on the site of several long-vacant lots on the Lower East Side. With the master-plan’s first new buildings just about fully complete, YIMBY sat down with Charles Bendit of Taconic, and asked the co-CEO ten questions about the New York City real estate market.

Massive 1,000-Unit Mixed-Use Redevelopment Revealed at 1709 Surf Avenue, Coney Island

8:00 am on January 3, 2018 By Nikolai Fedak

The building boom enveloping New York City’s waterfront neighborhoods extended into Coney Island last year, with several big projects entering the pipeline. Today, YIMBY has the first rendering for the largest one yet, slated to rise on Surf Avenue. The redevelopment will yield 1,000 apartments, 150,000 square feet of retail space, and 80,000 square feet of offices, indicating the neighborhood’s post-Sandy rebirth is continuing with vigor.

Leasing Begins for Essex Crossing’s Commercial Space, Lower East Side

7:30 am on October 24, 2017 By Andrew Nelson

Delancey Street Associates has launched leasing for 350,000 square feet of office space in Essex Crossing. This will be the first significant block of Class-A office space to come to Manhattan’s Lower East Side, and the developers hope the quasi-historic surrounds and combination of new and existing retail will be enough to lure tenants.

115 Delancey Street Officially Tops Out, Lower East Side

7:30 am on October 13, 2017 By Andrew Nelson

The tallest of nine structures comprising the Essex Crossing development, at 115 Delancey Street, has officially topped-out. The last time YIMBY reported on the site, it had just risen above street level, back in late January. The 26-story building will include 195 rental apartments, of which 98 will be affordable. Its developer, Delancey Street Associates, is comprised of BFC Partners, L+M Development Partners, and Taconic Investment Partners.

25-Story, 195-Unit Mixed-Use Building Rises Above Street Level at 115 Delancey Street, Essex Crossing, Lower East Side

7:00 am on January 26, 2017 By Reid Wilson

Steel beams and the concrete core are now a couple stories above street level on the 25-story, 195-unit mixed-use project under development at 115 Delancey Street, located between Essex and Norfolk streets on the Lower East Side. Progress can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the new building will encompass 489,688 square feet and rise 315 feet to the top of its parapet.

Renovation Planned for 14-Story, 114,000-Square-Foot Commercial Building at 817 Broadway, Greenwich Village

6:30 am on November 28, 2016 By Reid Wilson

Taconic Investment Partners, TH Real Estate, and Squire Investments have acquired, for $109 million, the 14-story, 114,000-square-foot commercial building at 817 Broadway, located on the corner of East 12th Street in Greenwich Village. The new owners plan to let the leases of existing office and retail tenants expire so that a top-down renovation can begin, Real Estate Weekly reported. The building would get a redesigned lobby, a complete façade restoration, renovated retail and office space, and upgraded mechanical infrastructure. A construction timeline has not been disclosed. A $102 million acquisition and construction loan has already been secured.

Two-Building Rental Inches Toward the Finish Line at 525 West 52nd Street in Hell’s Kitchen

4:00 pm on October 13, 2016 By Rebecca Baird-Remba

The huge two-building, 392-unit rental development at 525 West 52nd Street in Hell’s Kitchen looks like it could be ready for tenants soon. Tectonic brings YIMBY a look at how construction is coming along at the site between 10 and 11th avenues.

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