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.
Developed in a partnership between Property Resources Corp. and Camber Property Group, 975 Tiffany Avenue will officially move forward following the securing of $60 million in construction financing. Located in the Longwood neighborhood of The Bronx, the 100% affordable residential project will rise a total of eight stories, replacing a privately owned vacant lot and a private parking lot.
Renderings are out for a new look coming to 155 East 44th Street. The office building’s entrance and lobby will be redesigned to resemble a welcoming environment, along with the lounge, terrace, and modernized pre-war offices. The 35-story office building, designed by Ely Jacque Kahn, will be renamed 10 Grand Central, in recognition of being located within Midtown’s Grand Central Submarket area.
Permits have been filed for a 12-story community facility building at 460 West 41st Street in Hudson Yards, Manhattan. The project was filed by Covenant House, a nonprofit dedicated to providing shelter to homeless children and teenagers. This project will replace a smaller, eight-story community facility for Covenant House.
Plans by the NYC Department of Transportation (DOT) have been submitted to the Landmark Preservation Commission calling for alterations of the Brooklyn Bridge. The designs call for a revamping of the bridge’s famous Towers and the arch blocks along the Manhattan approach. This program will address ailments on a portion of the bridge many residents of New York City don’t often see. The arch blocks have fallen into a state of dilapidation. The current condition is a stain on the reputation of the international icon, and yet another example of the city failing to adequately maintain a national landmark.