The Walt Disney Company’s chairman and CEO Robert A. Iger has announced the company’s future New York headquarters will encompass a full city block bounded by Hudson Street, Varick Street, Vandam and Spring Street, in Hudson Square. Rev. Dr. Willaim Lupher of Trinity Church sold the air rights, with the help of CBRE, allowing Disney to develop and take ownership of 4 Hudson Square for 99 years, at a cost of $650 million.
Located in the northeastern corner of Maiden Lane and Front Street, just south of the South Street Seaport District in Lower Manhattan, construction on 151 Maiden Lane is wrapping up, with the cladding of its tinted and angled blue glass now fully enclosing the building.
Progress is moving along at 287 East Houston Street, with the façade now fully installed, the building topped out, and interior work underway. The 11-story building, named 287/LES, is right on the border of the Lower East Side and the East Village, and just five blocks from the Essex Street subway station, providing quick access to the F, J, M, and Z trains. Vinci Partners and Hogg Holdings are developing the project.
In the heart of Tribeca’s West Historic District, along the cobblestone roads, 15 Jay Street is undergoing an interior renovation of five lofts, set to be redesigned by the Meshberg Group. The developer is Jay Hudson LLC, while marketing is being led by Michael Brooks of MNS.
An update is out for 259 Clinton Street, one of the skyscrapers planned to rise by One Manhattan Square. A Draft Environmental Impact Statement (DEIS) has been published, revealing fresh details of the three proposed Lower East Side towers that include 247 Cherry Street and 260 South Street, and a new rendering for 259 Clinton Street.