Manhattan

Renovations Planned for 43-Story Office Building At 1407 Broadway, Midtown

2:00 pm on October 2, 2015 By Reid Wilson

Shorenstein Properties is renovating the 43-story, 1.1-million square-foot office building at 1407 Broadway, between West 38th and 39th Street, according to Real Estate Weekly. The updates will include a new lobby, entrance and retail space, as well as façade improvements on the rest of the building. Roughly 33,000 square feet of retail space will span the ground floor, and Fogarty Finger is leading the design process. Shorenstein acquired the building for $330 million this past spring.

Renovations Wrap Up At 677 Fifth Avenue, Microsoft’s New Five-Story Flagship Store

10:00 am on October 2, 2015 By Reid Wilson

Microsoft is planning to open their first Manhattan flagship store in the five-story building at 677 Fifth Avenue, between East 53rd and 54th Street, according to The Wall Street Journal. The structure has undergone an extensive renovation, acquiring a new façade and updated interior spaces. The store will span 22,269 square feet over five floors, and opening is expected on October 26th at noon.

St. Luke’s School To Pursue Vertical Expansion At 487 Hudson Street, West Village

6:30 am on October 2, 2015 By Reid Wilson

The St. Luke’s School is planning to expand their 40,000 square-foot facility at 487 Hudson Street, in the West Village, by 20,000 square feet, according to Commercial Observer. The addition will include a glassbox theater, an expanded gym, and additional classrooms, but will have to be built atop a new foundation over the existing three story building. The school recently extended their lease for another 49 years at the property.

Excavation Imminent At 540 West 26th Street, Nine-Story Commercial Building In West Chelsea

12:00 pm on September 30, 2015 By Reid Wilson

In August of 2014, YIMBY revealed renderings of Savanna Fund’s planned nine-story, 166,525 square-foot commercial building at 540 West 26th Street, in West Chelsea, and now the developer has secured $115 million in construction financing from Deutsche Bank, according to Commercial Observer. The building is expected to include a variety of tenants, and Avenues: The World School has already committed to leasing 85,421 square feet. Demolition of the old two-story building is complete, and excavation is expected to begin in October, with completion slated for 2017. Morris Adjmi Architects is designing.

Eight-Story Building Revealed At 260 Bowery, Nolita

6:30 am on September 30, 2015 By Reid Wilson

Lyco Investment Corp. and Nexus Development are planning to build an eight-story, six-unit mixed-use building at 258-260 Bowery, in Nolita, according to Bowery Boogie. The project has not been submitted to the DOB, but permits are already on file to demolish the existing three-story building. A rendering includes some form of commercial space on the ground and second floors, and condos begin on the third floor, meaning full-floor units are likely. Morris Adjmi is designing, and the façade is required to be masonry.

First Look At 10-Story, 13-Unit Mixed-Use Project At 173 Chrystie Street, Lower East Side

6:00 am on September 30, 2015 By Reid Wilson

Late last year, YIMBY reported on filings for a 10-story, 13-unit mixed-use building planned at 173-175 Chrystie Street, on the Lower East Side, and now a rendering has surfaced of the project, per Bowery Boogie. The new building will have 1,537 square feet of retail space on the ground floor, and the condos will average roughly 2,000 square feet apiece. Nexus Development is developing, ODA Architecture is designing, and completion is tentatively expected in 2018.

Renovation Of Four-Story Mixed-Use Building At 95 Avenue B Complete, East Village

1:30 pm on September 29, 2015 By Reid Wilson

A top-down renovation is nearly complete at the four-story, two-unit mixed-use building at 95 Avenue B, in the East Village. According to EV Grieve, a newly constructed retail unit is now available on the ground floor. The Schedule A notes two residential units occupy the upper floors of the building, and those have also been gut-renovated. Clinton Hill-based PH Architecture + Sustainable is the architect of record, and scaffolding has recently been removed, indicating opening is likely imminent.

18-Story, 25-Unit Condo Project Nearly Topped-Out At 210 West 77th Street, Upper West Side

12:00 pm on September 29, 2015 By Reid Wilson

In September of 2014, YIMBY revealed renderings of the Naftali Group’s 18-story, 25-unit building planned at 210 West 77th Street, on the Upper West Side, and this past summer, we brought you a sales update. Now, the structure is roughly two floors from topping out, courtesy of the latest from Tectonic. Thomas Juul-Hansen is designing the project, which will also include an approximately 2,500 square-foot retail component, and completion is currently expected by the end of 2016.

Condo Conversion Underway At 88 & 90 Lexington Avenue, NoMad

11:00 am on September 29, 2015 By Reid Wilson

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.

Nordstrom Tower’s Core Rises Above Street Level At 217 West 57th Street

10:00 am on September 29, 2015 By Reid Wilson

Earlier this September, YIMBY broke news that Extell’s 99-story Nordstrom Tower lost its spire and will rise 1,550 feet to the parapet, and today, the building is on the rise at 217 West 57th Street, per Curbed. Since YIMBY’s last construction update in July, significant progress has been made. The tower’s concrete core is currently above street level, and the rest of the building is slowly rising out of the pit. Nordstrom will occupy a significant chunk of the building’s base, and the 1.3-million square-foot tower is expected to be finished by 2019.

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