Downtown

Extell Acquires Mixed-Use Development Site At 530 Sixth Avenue, Greenwich Village

6:00 am on February 3, 2016 By Reid Wilson

Extell Development has acquired the four-story, 17,000 square-foot commercial building at 530 Sixth Avenue, located on the corner of West 14th Street in Greenwich Village. According to Crain’s, the site could accommodate 126,750 square feet of residential space in the form of a new building. Zoning also allows for commercial and community space, and retail would more than likely be included in a new building. The developer acquired the property for an undisclosed amount from the Duell family, who has already sold a number of other properties around Manhattan to Extell chief Gary Barnett. Development plans have not yet been disclosed and the building’s commercial tenants remain operative for the time being.

Rendering of the roof view at 456 Washington Street. Exclusive to YIMBY.

Exclusive: New Renderings Of 456 Washington Street As TriBeCa Development Nears Finish Line

9:15 am on February 1, 2016 By Evan Bindelglass

The BKSK Architects-designed, Related-developed project at 456 Washington Street, in northwestern TriBeCa, is nearing the finish line. Listings launched this morning, and now we have exclusive new renderings of its amenities.

Seven-Story, 45-Unit Mixed-Use Redevelopment Filed At 150 Rivington Street, Lower East Side

3:00 pm on January 28, 2016 By Reid Wilson

Last December, Cogswell Realty filed exploratory plans for a mixed-use redevelopment of the former Streit’s Matzo Factory, spanning 148-154 Rivington Street on the Lower East Side. The brick buildings will be partially demolished down to the first floor, according to permits with the Department of Buildings. Bowery Boogie spotted additional filings that call for six floors to be built atop the single-story structure that would be left behind after demolition. There will be 45 residential units in total and retail space is expected to measure 10,219 square feet on the ground and cellar floors. The structure would be topped by a open roof terrace. GLUCK+ is the architect of record and likely designing the redevelopment.

NYU Langone Medical Center Closes Deal At Essex Crossing Location, Lower East Side

10:00 am on January 28, 2016 By Reid Wilson

Now that construction is getting underway on two buildings within the Essex Crossing mega-development on the Lower East Side, Site 6, located at 175 Delancey Street, will probably be the next to get started. Planned is a 14-story, 100-unit mixed-use building that will measure 177,950 square feet. New York University’s Langone Medical Center announced last summer it would be taking space in the new building, and The Lo-Down now reports a 15-year lease deal has been finalized for 55,000 square feet across three floors. The four-story podium will also contain 6,000 square feet of retail space. In addition, a 13,000 square-foot senior center will take up the fourth floor and will include a coffee shop called Think Grand Cafe. There will be 24,000 square feet of space for an education facility, although a tenant has not been selected. The base will be topped by a 4,000 square-foot outdoor garden and a 100-unit apartment tower. The residential units above will be rented exclusively to seniors.

Reveal For 35-Story, 85-Unit Mixed-Use Tower Planned At 77 Greenwich Street, Financial District

6:00 am on January 28, 2016 By Reid Wilson

Earlier this week, the city’s School Construction Authority disclosed a deal with Trinity Place Holdings to include a 476-seat elementary school within the base of a planned mixed-use development at 32-42 Trinity Place, in the Financial District. Yesterday, the New York Post revealed renderings of the 35-story tower, which will be known as 77 Greenwich Street. The 285,000 square-foot building will rise 500 feet above street level, and in addition to the school, will include roughly 85 condominium units and 7,000 square feet of retail space. The school will span the first nine stories in the structure, so units will begin 150 feet above the street, offering expansive waterfront views. Only the vacant six-story commercial building at 32-42 Trinity Place is expected to be demolished. Some of the air rights at 85 Greenwich are being used along with rights from the developer-owned, four-story Dickey House, an individual landmark at 67 Greenwich. FXFOWLE Architects is designing and completion is set for 2019.

Developer Moves Forward With Unknown Project At 23-32 Park Row, Financial District

6:00 am on January 27, 2016 By Reid Wilson

L+M Development Partners is moving forward with an unknown development at 23-32 Park Row, in the Financial District. Last week, YIMBY forumers posted that demolition permits have been approved to take down the four-story building at 23-27 Park Row, the five-story property at 29 Park Row, and the five-story structure at 31-32 Park Row. All the buildings were formerly used as commercial-retail space and demolition can commence as soon as the structures are prepped. The property assemblage consists of a 17,855 square-foot plot with just under 150 feet of street front on Park Row. The site can accommodate 267,825 square feet in development potential as-of-right, according to our calculations, and it could sprout an office or hotel building with retail space, or a mixed-use project with residential units.

Five-Story, Five-Unit Residential Conversion Planned At 25 Mercer Street, SoHo

11:00 am on January 26, 2016 By Reid Wilson

The five-story mixed-use building at 25 Mercer Street and the three-story property at 27 Mercer Street, located in the SoHo-Cast Iron Historic District, are expected to be converted into a single five-unit condominium building, according to Curbed NY. There will be four full-floor units and a duplex penthouse, and the residences are expected to hit the market this spring. GDS Development is developing and Fogarty Finger is designing the project, dubbed 25 Mercer. Alterations that would go into the conversion would have to be approved by the Landmarks Preservation Commission since the property is located within a historic district.

Developer, SCA Reach Deal At Planned Mixed-Use Development At 42 Trinity Place, Financial District

10:00 am on January 26, 2016 By Reid Wilson

Early last year, YIMBY brought you conceptual renderings of the possible supertall mixed-use tower that could rise at 42 Trinity Place, in the Financial District. Now the developer, Trinity Place Holdings, reached a deal with the city’s School Construction Authority (SCA) to build an elementary school in the base of the building, Tribeca Trib reports. The public school will boast 476 seats and a design is expected to be released of it this upcoming summer. In 2013, the city put forth $27.5 million in its budget to build a new school in the Financial District. The scope of the entire project has yet to be revealed, but it could potentially measure upwards of one million square feet and have retail, hotel, and residential components. Multiple buildings must first be demolished.

Financing Complete For 25-Story, 115-Unit Mixed-Use Project At 565 Broome Street, Hudson Square

4:00 pm on January 25, 2016 By Reid Wilson

Over the summer summer, YIMBY partially revealed renderings for the planned 25-story, 115-unit residential building at 565 Broome Street (a.k.a 100 Varick Street), in Hudson Square. The developers have now secured a $320 million construction loan for the project, according to Crain’s, and Cindat (the U.S. branch of Beijing-based China Cinda Asset Management Co.) also acquired a $135 million stake in the project. The development team – SHVO, Bizzi & Partners Development, Halpern Real Estate Ventures, Aronov Development, and Itzhaki Acquisitions – recently acquired the two-story annex at 555 Broome for $9 million, completing the assemblage.

Three World Trade Center Rises Into The Sky At 175 Greenwich Street, Financial District

6:30 am on January 25, 2016 By Reid Wilson

YIMBY last brought you news of Three World Trade Center, at 175 Greenwich Street in the Financial Distinct, in August when we revealed the height of the 80-story office tower was reduced to 1,079 feet. Since then, when the concrete core had reached roughly the half-way point, the tower has risen significantly, as seen in photos by Tectonic. The core is now closing in on the neighboring Four World Trade Center, which stands 977 feet in height. Steel work is occurring roughly halfway up the tower, and fireproofing and glass installation is taking place on the lower levels. There will be 150,000 square feet of retail space across five floors in the 2.8-million-square-foot building. Silverstein Properties is developing the tower, Rogers Stirk Harbour + Partners is designing it, and completion is expected in 2018.

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