HFZ Capital

76 11th Avenue

First Look at 76 11th Avenue, BIG-Designed Towers Coming to Meatpacking

While the length of the High Line has seen a surge of construction since the elevated park initially opened, there are still a few major sites left that remain ripe for new development. Perhaps the largest such parcel is at 76 11th Avenue, between 17th and 18th Streets, which was acquired by HFZ Capital for $870 million back in April. Now, YIMBY can reveal the site’s preliminary plans, created by Bjarke Ingels Group.

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Plan to Remake West 29th Street Halted by Time, Lack of Quorum

There is a plan in the works that would drastically change West 29th Street between Broadway and Fifth Avenue. It involves six buildings in total, including two individual landmarks, and includes one 64-story mixed-use tower. The plan, being developed by HFZ Capital and the Collegiate Churches of New York, was presented to the Landmarks Preservation Commission on Tuesday. Members of the public testified, but by the time that happened, it was about 6 p.m. and, not having a quorum, no action was taken and the matter was tabled.

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The Death and Life of the Bancroft Building, 1896-2015

Since New York’s earliest days, church organizations have held a considerable amount of the city’s real estate, which they use not only for direct religious services, but also as a means of generating income. Over the past year, we witnessed the destruction of one of the oldest properties of the kind, as the 119 year old Bancroft Building has been reduced to a pile of red brick rubble.

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88 & 90 Lexington Avenue

Condo Conversion Underway At 88 & 90 Lexington Avenue, NoMad

Earlier this year, it was revealed that HFZ Capital is planning to convert the 19- and 13-story buildings at 88 and 90 Lexington Avenue, in NoMad, into condominiums. Now, construction appears to be well underway at both properties, per Tectonic. Both buildings, formerly rental apartments, are being combined to share a lobby and amenity space. The shorter building has also receive a totally new façade, which appears to be mostly complete. Workshop/ADP is designing, and completion is slated for 2016.


505 West 19th Street

Penthouse Revealed At 505 West 19th Street, West Chelsea

Over the course of the project’s two-year evolution, YIMBY has chronicled the construction of 505 West 19th Street, in West Chelsea, which now hosts two conjoined buildings. The eastern component will contain 25 condos and two penthouses, while the western structure will have eight full-floor-plus units, as well as a duplex penthouse, which YIMBY can now reveal.


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