Taconic Investment

Urban League Empowerment Center’s Façade Nears Completion at 121 West 125th Street in Harlem, Manhattan

7:30 am on October 2, 2022 By Michael Young

Exterior work is nearing completion on the Urban League Empowerment Center, a 17-story mixed-use building at 121 West 125th Street in Harlem, Manhattan. Designed by Beyer Blinder Belle and developed by The Prusik Group, BRP Companies, L+M Development Partners, and Taconic Partners, the 414-000-square-foot structure will yield 170 residential units with an affordable housing component, 70,000 square feet of Class A office space, and 110,000 square feet of retail area including a Target and a 28,000-square-foot Trader Joe’s on the ground floor. Other tenants include National Urban League and the Urban Civil Rights Experience Museum. Congress Builders is the general contractor for the property, which is located between West 126th Street to the north, 125th Street to the south, Malcolm X Boulevard to the east, and Adam Clayton Powell Jr. Boulevard to the west.

Rendering of 2 Hudson Square by SHoP Architects

Permits Filed for 76 Varick Street in Hudson Square, Manhattan

7:00 am on June 25, 2022 By Vanessa Londono

Permits have been filed for a 27-story mixed-use building at 76 Varick Street in Hudson Square, Manhattan. Also known as Two Hudson Square, the lot is bound by Canal Street to the south, Varick Street to the west, Grand Street to the north, and Sullivan Street and Duarte Square to the east. The 450,380-square-foot building is a joint venture between Taconic Investment Partners and Nuveen.

Foundations Near Completion at 312 West 43rd Street in Midtown, Manhattan

7:30 am on June 7, 2022 By Michael Young

Foundation work is almost complete at 312 West 43rd Street, the site of a two-building residential development in Midtown, Manhattan. Designed by Handel Architects and developed by Taconic Partners under the 311 West 42nd Street Associates LLC, the 373,133-square-foot project comprises a 33-story tower and seven-story extension with a shared podium. The complex will yield 321 apartments averaging 839 square feet apiece as well as 25,202 square feet of retail space on the lower floors. Triton Construction is serving as the general contractor for the property, which is located between West 42nd and 43rd Streets and Eighth and Ninth Avenues, directly north of the Port Authority Bus Terminal.

125 West End Avenue’s New Curtain Wall Nears Completion on Manhattan’s Upper West Side

8:00 am on April 5, 2022 By Michael Young

Façade work is nearing completion on 125 West End Avenue, an eight-story building on Manhattan’s Upper West Side. Designed by Taconic Partners, Jaros, Baum & Bolles (JB&B), and Perkins+Will, the project involves the re-cladding and interior renovation of the 400,000-square-foot structure into a life sciences and research laboratory. The 3.4-acre complex was originally constructed as an automotive facility for the Chrysler Motor Company and was later occupied by Walt Disney/ABC broadcasting company, but had sat vacant since early 2021. Taconic and Nuveen Real Estate purchased the building for $230 million in late 2019, and CBRE is in charge of marketing and leasing the commercial space. JRM Construction Management, LLC is the general contractor for the project, which sits at the corner of West 66th Street and West End Avenue, a very short walk from Riverside Park South.

Foundations Underway at 308 West 43rd Street in Midtown, Manhattan

7:00 am on April 4, 2022 By Michael Young

Foundation work has begun at 308 West 43rd Street, the site of a two-building residential development in Midtown, Manhattan. Designed by Handel Architects and developed by Taconic Partners under the 311 West 42nd Street Associates LLC, the 373,133-square-foot project will yield 321 apartments averaging 839 square feet apiece as well as 25,202 square feet of retail space on the lower floors. Triton Construction is serving as the general contractor for the property, which is located between West 42nd and 43rd Streets and Eighth and Ninth Avenues, directly north of the Port Authority Bus Terminal.

YIMBY Scopes Views from One Essex Crossing at 202 Broome Street on Manhattan’s Lower East Side

8:00 am on February 18, 2022 By Michael Young

YIMBY went on a tour of One Essex Crossing, a 14-story mixed-use building at 202 Broome Street and one component of the nine-building Essex Crossing development on Manhattan’s Lower East Side. Designed by CetraRuddy for Delancey Street Associates, a partnership of BFC Partners, L+M Development Partners, Taconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the property yields residential and office space on a full-block parcel bound by Delancey Street to the north, Broome Street to the south, Suffolk Street to the east, and Norfolk Street to the west. Corcoran Sunshine Marketing Group is handling marketing and sales for One Essex Crossing, which is approaching 50 percent sold.

Excavation Progresses at 308 West 43rd Street in Midtown, Manhattan

7:30 am on January 10, 2022 By Michael Young

Excavation is progressing at 308 West 43rd Street, the site of a two-building residential development in Midtown, Manhattan. Designed by Handel Architects and developed by Taconic Partners under the 311 West 42nd Street Associates LLC, the 373,133-square-foot development will yield 321 apartments averaging 839 square feet apiece as well as 25,202 square feet of retail space. Triton Construction is serving as the general contractor for the property, which is located between West 42nd and 43rd Streets and Eighth and Ninth Avenues, directly north of the Port Authority Bus Terminal.

125 West End Avenue’s New Façade Begins Installation on Manhattan’s Upper West Side

7:30 am on November 8, 2021 By Michael Young

Work is progressing on 125 West End Avenue, a conversion of an eight-story building into a 400,000-square-foot, state-of-the-art life sciences and research laboratory on Manhattan’s Upper West Side. Designed by Taconic Partners and Perkins+Will, the project involves interior renovations and the installation of a glass curtain wall. 125 West End Avenue was home to the Walt Disney/ABC broadcasting company since 1985, but had sat vacant since January. The structure was originally built as an automotive facility by Chrysler Motor Company and at one point was owned by the New York Times. Taconic and Nuveen Real Estate paid $230 million for the property in late 2019. CBRE is in charge of marketing and leasing the commercial office space, and JRM Construction Management, LLC is the general contractor for the project, which sits at the corner of West 66th Street and West End Avenue, a very short walk to Riverside Park South to the west.

Permits Filed for 407 West 206th Street in Inwood, Manhattan

6:30 am on October 24, 2021 By Vanessa Londono

Permits have been filed for a 14-story mixed-use building at 407 West 206th Street in Inwood, Manhattan. Located on West 206th Street between 9th and 10th Avenues, the interior lot is one block from the 207th Street subway station, serviced by the 1 train. Taconic Partners is listed as the owner behind the applications.

125 West End Avenue. Courtesy of Taconic Partners

Curtain Wall Installation Progresses on 125 West End Avenue on Manhattan’s Upper West Side

7:00 am on October 1, 2021 By Vanessa Londono

Construction continues to advance at 125 West End Avenue, a conversion of an eight-story building into a 400,000-square-foot, state-of-the-art life sciences and research laboratory on Manhattan’s Upper West Side. Designed by Perkins+Will and developed by Taconic Partners, Nuveen Real Estate, and LaSalle Investment Management, the project will be the largest life science development in NYC since the Alexandria Center at 430 East 29th Street, and will help meet the growing demand for occupancy-ready, pre-built lab space in the city. JB&B is leading engineering, JRM Construction is managing construction, and CBRE is handling leasing. The property is located on the west side of the avenue between West 65th and 66th Streets.

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