In Mayor Bill de Blasio’s State of the City speech given last Thursday, a significant mixed-use development initiative was proposed that would transform Governors Island, which measures 172 acres in the Upper Bay just off the southern tip of Manhattan, into a year-round community. According to Politico New York, the car-free island has 900,000 square feet of development potential on 33 acres, and the mayor is seeking to utilize it to build cultural, educational, and commercial properties. The project will be handed over to the Trust For Governors Island and a Request for Proposals (RFP) should be launched later this year. Construction could begin as soon as 2019, although the Hills, a 10-acre man-made park designed by West 8, is slated to open this summer. The National Park Service oversees two 19th century forts (22 acres) on the island and roughly 92 acres on the historic northern end is a U.S. National Historic Landmark.
One of the largest remaining development sites in the Hudson Yards rezoning, owned by Tishman Speyer, now has official plans, as per the Wall Street Journal. The building, at 66 Hudson Boulevard, will stand 1,005 feet to its pinnacle, rising 65 floors and containing 2.85 million square feet overall, including 27,000 square feet of retail. The tower will cost upwards of $3 billion, and Danish architect Bjarke Ingels of BIG is designing the supertall, which will be laced in bands of diagonal sky terraces. The site is located between West 34th and West 35th Streets and 10th Avenue, and Tishman is currently seeking an anchor tenant.
TRITEC Real Estate Company and Castagna Realty Co. are developing a four-story, 232,917 square-foot office building on a 9.73-acre swath of land at 3400 New Hyde Park Road, in the Town of North Hempstead village of North Hills, located in Nassau County. According to Real Estate Weekly, the developers have landed an undisclosed amount in financing, which should propel the project to its anticipated completion in 2017. The office building will serve as the new headquarters for Dealertrack Technologies. The property has since been cleared and construction is currently underway. Spector Group and Combined Resources Consulting and Design are behind the project’s design.
Excavation began in mid 2015, and in early December, YIMBY reported that construction on the 13-story, 48-unit residential building at 42-14 Crescent Street, in Long Island City, reached street level. The structure has now topped out, The Court Square Blog reports. The building will total 44,061 square feet and its residential units, which begin on the second floor, will average 816 square feet apiece. The ground floor will contain 740 square feet of retail space. Façade installation has not yet begun, but completion is anticipated sometime later this year. Meadow Partners is developing the project and John Fotiadis Architect is designing it.
Staten Island-based Keegans Construction Corp. has filed applications for four three-story, two-family residential buildings at 12-24 Norman Place, in Prince’s Bay, located on the south shore. Two of the buildings will individually measure 3,568 square feet in total and the other two will each measure a slightly less 3,443 square feet. The residential square-footage across the entire development will total 10,594 square feet, which means units will average 1,324 square feet apiece. The units will likely be geared for families and, therefore, would contain multiple bedrooms. Staten Island-based Calvanico Associates is the architect of record. The 160-foot-wide lot is currently occupied by a single-story home.