One Penn Plaza as seen from the southwest. Photo by Evan Bindelglass.

One Penn Plaza, Two Penn Plaza To Get Major Renovations, Interconnection, Midtown

Following the state’s plan to upgrade and expand Pennsylvania Station, Vornado Realty Trust has announced plans to renovate and interconnect 57-story One Penn Plaza and 29-story Two Penn Plaza, completed in 1972 and 1968 respectively, into a massive 4.2-million-square-foot office complex. The two buildings are located directly adjacent to and above Penn Station, in Midtown, between West 31st and 34th streets and Seventh and Eighth avenues. According to The Real Deal, the renovation project would improve desirability and tenant mobility and allow for new retail and amenity opportunities. Two Penn Plaza would get a new floor-to-ceiling glass façade and One Penn Plaza would receive “a more conventional upgrade.” Start and completion dates have not been disclosed, and a designer has not yet been revealed.




19 Hausman Street in December 2014, photo by Christopher Bride for PropertyShark

Permits Filed: 19 Hausman Street, Greenpoint

Eastern Greenpoint has long been grittier and more industrial than its western sibling, but that hasn’t stopped developers from venturing to the area around the elevated Brooklyn-Queens Expressway and the Newtown Wastewater Treatment Plant. Yesterday, new building applications were filed for a five-story apartment building at 19 Hausman Street, half a block north of the elevated highway that runs along Meeker Avenue.

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340 Flatbush Avenue Extension

New Details For 73-Story Mixed-Use Supertall At 340 Flatbush Avenue Extension, Downtown Brooklyn

Last month, YIMBY reported on applications for JDS Development and Chetrit Group’s planned 73-story, 1,066-foot-tall residential tower at 340 Flatbush Avenue Extension, in Downtown Brooklyn, and now the New York Times has new details on the project, as well as an updated rendering. The tower portion would be connected to the Dime Savings Bank building at 9 DeKalb Avenue, an individual landmark, and would require the demolition of part of the structure. That means the Landmarks Preservation Commission would have to approve alterations to the bank building. The first hearing is scheduled for March 15. The interior of the 97,000-square-foot bank building, which is also an interior landmark, is expected to be transformed into retail space.

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