Last month, Italian developer Est4te Four announced that they needed a partner willing to shell out at least $100 million to build a huge office project along the Red Hook waterfront. Now YIMBY’s got a new set of renderings for the development, which was recently named Red Hook Innovation Studios.
Red Hook Innovation Studios
In October 2014, YIMBY revealed renderings of a multi-block, nearly 1.2-million square-foot office complex at 68 Ferris Street, in Red Hook, and since then, the Milan, Italy-based developer Est4te Four has been assembling the properties for the development. Now, Cushman & Wakefield has been tasked to market a 49% stake in the project, according to Crain’s. The project could break ground next year and is expected to be built over five years, featuring new-construction buildings and warehouse conversions. NBBJ is designing.
711 West End Avenue [West Side Rag]: Renderings have surfaced of Kaled Management’s 125,000 square-foot 10-story, 65-unit addition atop the existing seven-story building at 701-711 West End Avenue, on the Upper West Side. PBDW Architects is designing, and a…