The city has announced it will open two business hubs totaling 100,000 square feet this summer as part of its UrbanTech NYC program, according to Crain’s. One of them will be a 50,000 square-foot building in the Brooklyn Navy Yard, dubbed New Lab. The facility, which is currently being renovated, will offer affordable commercial rents to companies in search of office and/or manufacturing space. The other 50,000 square-foot location is at Grand Central Terminal, and companies will have to apply and then be selected to lease space. Macro Sea is developing – and designing in-house – the Brooklyn Navy Yard’s facility, and the New York City Economic Development Corporation (NYCEDC) is behind the initiative.
Meadow Partners has filed applications to convert the former six-story, 65,000-square-foot factory at 109 South 5th Street, in western Williamsburg, into an office building. According to The Real Deal, there will be 60,700 square feet of commercial space. The interior of the structure will be gut-renovated and eventually marketed to small office tenants in the technology and media sectors. The old factory, called the Artisan and once used to manufacture garments, was picked up for $42 million last September. Robert Stephenson’s Great Neck-based MLDS Architects is the architect of record.
On Monday, we told you about a new standalone player coming to the table as construction continues at Hudson Yards and Manhattan West. Now, we have a better look at the 65-story supertall office building designed by Bjarke Ingels. Dubbed “The Spiral,” its address will be 66 Hudson Boulevard. That’s at the corner of Tenth Avenue and West 34th Street, right across from the Hudson Park and the secondary entrance to the new 7 train terminus.
Just as Long Island City’s residential boom approaches its peak, we’ve come across plans for a 10-story office and retail building at 30-20 Northern Boulevard, next to the elevated subway tracks and Sunnyside Yards.
TRITEC Real Estate Company and Castagna Realty Co. are developing a four-story, 232,917 square-foot office building on a 9.73-acre swath of land at 3400 New Hyde Park Road, in the Town of North Hempstead village of North Hills, located in Nassau County. According to Real Estate Weekly, the developers have landed an undisclosed amount in financing, which should propel the project to its anticipated completion in 2017. The office building will serve as the new headquarters for Dealertrack Technologies. The property has since been cleared and construction is currently underway. Spector Group and Combined Resources Consulting and Design are behind the project’s design.