Developers are now pursuing a 6.6-million-square-foot expansion of Industry City that would introduce a vibrant mix of office space, retail, hospitality, manufacturing, academic, and community-oriented facilities. The expansion is described as an Innovation Economy District that will facilitate the creation of new employment opportunities and the commercialization of underutilized zoning lots.
Construction is wrapping up at 100 Franklin Street in Tribeca, where the 200-foot-long stretch of hand-laid Petersen Tegl bricks that clad the building’s eastern profile is now complete. Designed, developed and built by DDG, the residential structure is located in the Tribeca East Historic District and consists of conjoined triangular-shaped buildings on a narrow property yielding a total of ten full-floor residences. Douglas Elliman is in charge of sales, which launched in April with units ranging from 1,427 square feet to 3,673 square feet.
Permits have been filed for a five-story residential building at 997 Rogers Avenue in Flatbush, Brooklyn. Located between Tilden Avenue and Beverley Road, the lot is three blocks west of the Beverley Road subway station, serviced by the 2 and 5 trains. Yitzy Stark under the Green Residence LLC is listed as the owner behind the applications.
The seven-story Nordstrom flagship at the base of Central Park Tower, aka 217 West 57th Street, is finally open for business. Thursday, October 24 marked the official opening of the massive 320,000-square-foot store, its largest in New York. The main doors are located along West 57th Street underneath the wavy, transparent glass curtain wall. James Carpenter Design Associates is the designer for the store, collaborating with Nordstrom’s inhouse design team to work with architects, CallisonRTKL. Extell is the developer of the 1,550-foot-high Adrian Smith + Gordon Gill-designed supertall. This is the first portion of the property that is finished.
The residential conversion of One Wall Street is continuing above the streets of the Financial District and is the largest office-to-condominium conversion project in New York City real estate history. Down at street level, work is moving along on the upcoming 44,000-square-foot Whole Foods Market that will open at the corner of Broadway and Exchange Place. The glass curtain wall addition protrudes from the mid-20th century annex of the property and will also include a Life Time fitness center on the second floor. SLCE Architects is the architect of record, and Macklowe Properties is the developer of the $1.5 billion project. CORE is handling sales and marketing of the planned 566 residential units above the new retail space.
