New York YIMBY

Media Companies Back Out Of Anchoring Bjarke Ingels-Designed 2 World Trade Center, Financial District

11:00 am on January 19, 2016 By Reid Wilson

Last summer, News Corp. and 21st Century Fox signed a letter of intent to lease 1.3 million square feet in the Bjarke Ingels Group-designed 2 World Trade Center (a.k.a. 200 Greenwich Street), in the Financial District. It was never a contract that bounded the media companies to the space, and last week they decided not to make the move, Bloomberg Business reported. The two businesses will extend their leases through 2025 at their current headquarters at 1211 Sixth Avenue and 1185 Sixth Avenue, in Midtown. The fate of both Bjarke Ingels’ latest design and Norman Foster’s original design are unknown. The foundation for Foster’s tower, a 2.8-million square-foot, 80-story office building, has already been already built.

Expansion Planned For Ronald McDonald House Cancer Facility At 405 East 73rd Street, Upper East Side

10:00 am on January 19, 2016 By Reid Wilson

The Ronald McDonald House located at 405 East 73rd Street, on the Upper East Side, is proposing to expand their 11-story, 84-unit pediatric oncology residential facility. According to DNAinfo, the expansion would add 11 additional family suites, six of which would be isolation rooms for hematopoietic stem cell transplantation patients. The Boards of Standards and Appeals must first approve the project because the expansion would flow over the allowable square-footage. If approved, the building would be reconfigured and parts of it pulled closer to the street, adding 7,000 square feet of additional space. Construction would last about a year.

YIMBY’s 2015 New Construction Report: Number of New Units Entering Pipeline Falls 25% to 33,973

8:00 am on January 19, 2016 By Nikolai Fedak

While 2014 was a banner year for new building filings in the five boroughs with 44,817 new units entering the DOB pipeline, 2015 saw a substantial decrease in activity. With 33,973 units filed in new developments over the course of last year, year-over-year filings decreased by almost 25%.

41-62 Bowne Street, rendering by Architects Studio

Revealed: 41-62 Bowne Street, 14-Story Condo Tower in Flushing

7:30 am on January 19, 2016 By Rebecca Baird-Remba

Developer Yin C. Hu has already knocked down a Met Food grocery store to make way for a mixed-use tower at 41-62 Bowne Street in Flushing, and now YIMBY has a look at what the building will look like once it’s complete.

Construction at 319 Schermerhorn Street. Photo by Tectonic.

Construction Update: 319 Schermerhorn Street Nearly Half Way Up, DoBro

7:00 am on January 19, 2016 By Evan Bindelglass

It was back in May of 2015 that YIMBY brought you a new rendering of the 21-story mixed-use development at the corner of Schermerhorn and Nevins streets in Downtown Brooklyn. Now, thanks to photos sent to us by our friend Tectonic, we can report that 319 Schermerhorn Street’s construction has nearly reached the half way mark.

Construction Update: 608 Franklin Avenue, Crown Heights

6:30 am on January 19, 2016 By Rebecca Baird-Remba

Stories are rising fast at Franklin Avenue and Dean Street in Crown Heights, where a glassy, loft-style rental is replacing part of a 19th century brewery.

New 5,500 Square-Foot New York Public Library Branch Planned At 502 Main Street, Roosevelt Island

6:00 am on January 19, 2016 By Reid Wilson

The New York Public Library plans to build a new Roosevelt Island branch at the site of the existing building at 502 Main Street. Located in the East River between Queens and Manhattan island, Roosevelt Island is politically part of Manhattan. According to Curbed NY, the new library will measure 5,465 square feet and will feature a 670 square-foot community room, a children’s room and teen space, as well as many more computers. The old 2,200 square-foot facility at 524 Main Street is reportedly struggling to keep up with public demand. Smith-Miller+Hawkinson Architects is designing the new library, which is scheduled to open in late 2017 or early 2018.

Financing Secured For 16-Story, 618-Key Hotel Conversion At 485 Seventh Avenue, Garment District

4:00 pm on January 18, 2016 By Reid Wilson

In March of 2015, the Landmarks Preservation Commission approved alterations that would go into converting the 16-story, 235,000 square-foot office building at 485 Seventh Avenue, at the corner of West 36th Street in the Garment District, into a boutique hotel. The property, an individual landmark, was completed in 1907 as the Mills Hotel No. 3, a male-exclusive, 1,885-unit single-room occupancy residential hotel. The Lightstone Group is planning to convert the property into a 618-key MOXY Hotel by Marriott, and Commercial Observer reports $330 million in financing was secured for the project. Retail space and a restaurant will be located each on the ground and second floors. Stonehill & Taylor Architects is the architect of record.

Shareholders Vote Against Development Plans At 220 Cadman Plaza West, Brooklyn Heights

3:00 pm on January 18, 2016 By Reid Wilson

Late last year, Anbau Enterprises offered to pay roughy $75 million to demolish a single-story retail building and build a 40-story residential tower at 220 Cadman Plaza West, in Brooklyn Heights. Even after the developer increased the bid to $130 million last week, meaning a $150,000 payout for each shareholder, the shareholder residents of Whitman Owner Corp. at 75 Henry Street voted against the offer, according to the Brooklyn Daily Eagle. That means the board will not investigate the development plans and the one-story retail building along Pineapple Walk will remain as is.

Four-Story, Eight-Unit Residential Building Planned At 204 Monroe Street, Bedford-Stuyvesant

2:00 pm on January 18, 2016 By Reid Wilson

Tomer Erlich, doing business as an anonymous LLC, has filed applications for a four-story, eight-unit residential building at 204 Monroe Street, in western Bedford-Stuyvesant, located seven blocks north of the Nostrand Avenue stop on the A and C trains. The building will measure 10,000 square feet in total, with 8,000 square feet being used as residential space. Units will average 1,000 square feet apiece, and two duplex units will be located across the third, fourth, and penthouse floors. Robert Lin’s Flushing-based A&T Engineering is the applicant of record. Permits were filed in December to demolish an existing single-story warehouse.

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