Office

Rendering of 25-11 49th Avenue, via the Real Deal

Financing Secured, Rendering Revealed for 25-11 49th Avenue, Long Island City, Queens

7:30 am on February 9, 2018 By Andrew Nelson

Financing has been secured for a new eleven-story conversion at 25-11 49^th Avenue, in Long Island City, Queens. The site was sold to Normandy Real Estate Partners and Keystone Equities in September 2016 for $39.1 million, at over $200 per buildable square foot. The rendering reveals their plan is to refurbish the existing two-story facility, build up eight stories along half the extant area, while using the other half of the roof for green space.

One Vanderbilt, photo by Andrew Nelson rendering by Jose Hernandez

One Vanderbilt Begins Rising Above Its Retail Podium, Midtown East

8:00 am on January 31, 2018 By Andrew Nelson

Construction is moving along at One Vanderbilt in Midtown, with work on the lower floors now rising past the cantilever. Thanks to images by Tectonic, we can see the tower has reached its maximum width. It is now nearly the same height as Grand Central Terminal, which peaks at 130 feet. Several companies have recently signed on for space, with Greenberg Traurig announcing plans to move their center of New York Operations into the supertall, acquiring a fifteen-year lease for four continuous floors.

1345 Avenue of the Americas renovated, image courtesy Rubenstein

Exclusive Photos of Lobby and Entrance Renovation at 1345 Avenue of the Americas, Midtown

6:00 am on January 11, 2018 By Andrew Nelson

The lobby at 1345 Avenue of Americas has been renovated, and today, YIMBY has an exclusive first look inside the space. Skidmore, Owings & Merrill were commissioned by Fisher Brothers to redesign the interior. The owners wanted to replace the original white and tan marble with a brighter, more spacious lobby, and the photos indicate that the architects have accomplished exactly that.

10 Hudson Yards, image by Andrew Campbell Nelson

10 Hudson Yards Fully Occupied With 6,000 Workers, Achieves LEED-Platinum Certification

8:00 am on January 4, 2018 By Andrew Nelson

The first commercial tower to open in Hudson Yards, 10 Hudson Yards, is still making headlines, having now achieved LEED-Platinum certification from the U.S. Green Building Council. This surpasses original expectations of a LEED-Gold Certificate. Developers Related Companies and Oxford Properties Group announced that this is the first commercial building in New York City to receive the award since the LEED v2009 rating system was established.

Site 4 North of Essex Crossing, 180 Broome Street, rendering by Handel Architects

$200 Million Construction Loan Secured for 180 Broome Street, Essex Crossing, Lower East Side

7:30 am on January 4, 2018 By Andrew Nelson

Delancey Street Associates has closed a deal for funding the construction of 180 Broome Street, on the Lower East Side. The capital comes from Wells Fargo and M&T Bank, along with equity from DSA and Goldman Sachs Urban Investment Group. The loan secures $200 Million out of the projected total construction cost of $300 million. Essex Crossing is being developed by Delancey Street Associates, which is comprised of BFC Partners, L+M Development Partners, Taconic Investment Partners, and Goldman Sachs.

The Dime, rendering courtesy Fogarty Finger Architecture and Interiors

Foundation Work Begins for The Dime’s Residential Tower, Williamsburg, Brooklyn

7:30 am on December 22, 2017 By Andrew Nelson

Today, YIMBY has a photo update on the site of the Dime Savings Bank of Williamsburgh. Foundation work is moving along for the soon-to-be 22-story residential building that will rise adjacent to the historic structure, in Williamsburg, Brooklyn.

1508 Coney Island Avenue, via Google Maps

SHoP Architects Designing Mixed-Use Building at 1508 Coney Island Avenue, Midwood, Brooklyn

7:00 am on December 14, 2017 By Andrew Nelson

SHoP Architects has submitted applications for a major new project at 1508 Coney Island Avenue, in Midwood, Brooklyn. The 10-story mixed-use high-rise will be situated on the major commercial thoroughfare of the area. Eight blocks away is the Avenue M Subway Station, serviced by the Q trains. It should be noted that the project is not close the Coney Island beach boardwalk, which is over four miles away.

Rendering of 66 Hudson Boulevard. Credit: BIG/Tishman Speyer.

Tishman Speyer’s BIG Supertall Ready To Rise at 66 Hudson Boulevard, Hudson Yards

8:00 am on December 13, 2017 By Nikolai Fedak

The last time YIMBY reported on progress at 66 Hudson Boulevard was back in September of 2016, when Tishman Speyer filed permits for the 64-story office giant, designed by Bjarke Ingels Group/BIG. Now, demolition has wrapped on the site’s former low-slung structures, which means work can officially begin on the spiraling supertall.

419 Broadway, (Left) Design Proposed October (Right) Accepted Design, rendering by Morris Adjmi

New Design Approved by LPC for 419 Broadway, SoHo, Manhattan

7:30 am on December 13, 2017 By Andrew Nelson

After our first look at Morris Adjmi’s submission to the Landmark Preservation Commission for 419 Broadway back in October, the SoHo building has been approved following a redesign. The accepted proposal has seen a height reduction, as well as a change to the bulkhead.

Street view of 827-831 Broadway, by DXA Studios

Proposed Expansion for Landmarked 827-831 Broadway Heads to the LPC, Union Square

7:30 am on December 5, 2017 By Andrew Nelson

Just South of Union Square, on Broadway between East 12th and East 13th Streets, there are two Italianate-inspired buildings from 1866 and 1867, at 827-831 Broadway. Back in 2015, the sites had been purchased for $60 million by the real estate investors Samson Klugman of Quality Capital, and Leo Tsimmer of Caerus Group. They had initially filed permits for a 300-foot-tall commercial space, but that was stopped when the Landmarks Preservation Commission awarded landmark status for the 150-year old construction.

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