The Walt Disney Company’s chairman and CEO Robert A. Iger has announced the company’s future New York headquarters will encompass a full city block bounded by Hudson Street, Varick Street, Vandam and Spring Street, in Hudson Square. Rev. Dr. Willaim Lupher of Trinity Church sold the air rights, with the help of CBRE, allowing Disney to develop and take ownership of 4 Hudson Square for 99 years, at a cost of $650 million.
New renderings have been exclusively revealed to YIMBY for the transformation of 165 Mercer Street, in SoHo. The historic building was constructed between 1870 and 1871 under design by Henry Fernbach, and faithfully served the city as a parking garage since 1921. However, as we reported in September of 2016, the Landmarks Preservation Commission approved changes for the site to undergo a conversion to office and retail use, which will be accompanied by a new penthouse level, as well.