Renderings from THINK Architecture & Design were recently presented to the Department of City Planning in lengthy proposals to rezone a busy corner of Far Rockaway, Queens. The project comprises two adjacent parcels on Beach 67th and 68th Streets between Thursby Avenue and Beach Channel Drive. “Development Site 1” sits mid-block on Beach 67th Street and comprises six neighboring lots. “Development Site 2” is a through-block lot on Beach 68th Street with additional frontage along Beach 67th Street. Zoning amendments are required to facilitate all construction.
Foundation work is underway for Disney’s 1.2 million-square-foot headquarters at 137 Varick Street in Hudson Square. Alternately addressed as Four Hudson Square, the 22-story, 320-foot-tall structure is designed by Skidmore, Owings & Merrill and is being developed in partnership with Silverstein Properties. Disney purchased the parcel from Trinity Church Real Estate for $650 million, and Skanska was responsible for the demolition of four structures that wrapped up last summer. Lendlease is in charge of constructing the new headquarters, which is bound by Varick Street to the east, Spring Street to the south, Hudson Street to the west, and Vandam Street to the north.
New details and renderings have been released for The Astor LIC, a six-story mixed-use development that will add 143 rental units to the market this year. Located at 36-20 Steinway Street in Long Island City, Queens, the ground-up new build is designed by SLCE Architects and developed by JMH Development and Mettle Property Group. Leasing is expected to begin next month for the residences, with Corcoran New Development as the exclusive marketing and leasing agent.
The tallest residential tower within Jersey City‘s Journal Squared complex is set to launch leasing this month with occupancy slated as early as April 1. Located at 537 Summit Avenue, Journal Squared Tower 2 introduces a collection of 704 residences and roughly 70,000 square feet of amenity spaces to the expanding complex.
Closings are well underway for Adrian Smith + Gordon Gill‘s 1,550-foot-tall, 131-story Central Park Tower at 217 West 57th Street. Located on Midtown‘s coveted Billionaires’ Row, this marks a major step in the final stages of the world’s tallest residential building, which is also the tallest structure in the Western Hemisphere by roof height. Extell is developing the project with an expected $4 billion sellout on the 179 units marketed by Corcoran Sunshine and Extell Marketing Group.