New York



444 Eleventh Avenue

Tishman Speyer Planning 1.3-Million Square-Foot Office Tower At 444 Eleventh Avenue, Hudson Yards

Last summer, news broke that Tishman Speyer was in contract to buy the development assemblage at 434-444 Eleventh Avenue and 550 West 37th Street, located between West 36th and 37th streets, in the Hudson Yards District. Real Estate Weekly reports the developer has closed on the purchase of 434-444 Eleventh for $163.5 million. 550 West 37th Street sold in a different transaction at an undisclosed price. Plans for the site call for a 1.3-million square-foot office tower. The exact height of the building is probably still being hammered out and the design architect is currently unknown. Ultimately, the site could accommodate up to 1.7 million square feet of development if the maximum number of air rights are purchased. The site is vacant, with the exception of a single-story commercial property at 550 West 37th Street. The two single-story buildings at 446-552 Eleventh Avenue are not (yet) part of Speyer’s assemblage.


100-08 103rd Avenue

Two-Story, 5,500-Square-Foot Commercial Project Coming To 100-08 103rd Avenue, Ozone Park

Long Island-based property owner Gurwinder Singh has filed applications for a two-story, 5,512-square-foot multi-use commercial building at 100-08 103rd Avenue, in Ozone Park, located two blocks from the 104th Street stop on the A train. There will be 1,807 square feet of retail space on the ground floor and an equal amount of medical office space on the second floor. Jamaica-based Gerald Caliendo is the architect of record. The 60-foot-wide zoning lot is partially occupied by a two-story building at 100-10 – 100-12 103rd Avenue, although the vacant 20-foot-wide section to the east of the structure will be the site of the new building.


1605 Taylor Avenue

Three-Story, Three-Unit Residential Building Planned At 1605 Taylor Avenue, Van Nest

Connecticut-based property owner Gjin Gjini has filed applications for a three-story, three-unit residential building at 1605 Taylor Avenue, in the Van Nest section of the Bronx, located five blocks from the East 180th Street stop on the 2 and 5 trains. The project will measure just 3,740 square feet and would rise on a vacant 25-foot-wide lot. There will be 2,805 square feet of residential space, so the full-floor residential units should average 935 square feet apiece. That means relatively spacious rental units are probably in the works. Long Island-based Shahriar Afshari is the applicant of record.


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