New York YIMBY

450 Eleventh Avenue’s Façade Installation Resumes in Hudson Yards, Manhattan

8:00 am on May 5, 2022 By Michael Young

Façade work has resumed on 450 Eleventh Avenue, a 51-story Aloft Hotel in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the 642-foot-tall skyscraper will yield 379 guest rooms as well as a business center, a ballroom, and a fourth-floor restaurant and bar with an outdoor terrace overlooking the transforming neighborhood. Atria Builders is the general contractor for the property, which is located at the corner of West 37th Street and Eleventh Avenue, directly across from the Jacob K. Javits Center.

Daytime rendering of The Spiral - Courtesy of Tishman Speyer

HSBC Relocates US Headquarters to The Spiral at 66 Hudson Boulevard in Hudson Yards, Manhattan

7:30 am on May 5, 2022 By Sebastian Morris

HSBC is the latest company to relocate its core business operations to The Spiral, a 65-story supertall office skyscraper in Midtown West, Manhattan. Located at 66 Hudson Boulevard within the Hudson Yards district and mega-complex, the tower is designed by Bjarke Ingels Group and developed by Tishman Speyer.

Affordable Housing Units Still Available at One Bell Slip in Greenpoint, Brooklyn

7:00 am on May 5, 2022 By Vanessa Londono

There are still over 30 units with one month free rent available in the affordable housing lottery for One Bell Slip, a 31-story residential building in Greenpoint, Brooklyn. Designed by Handel Architects and developed by Brookfield Properties and Park Tower Group, the structure added 413 residences to the Greenpoint Landing complex. Available on NYC Housing Connect are 33 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $81,258 to $187,330.

Permits Filed for 381 Van Brunt Street in Red Hook, Brooklyn

6:30 am on May 5, 2022 By Vanessa Londono

Permits have been filed for a five-story mixed-use building at 381 Van Brunt Street in Red Hook, Brooklyn. Located at the intersection of Coffey Street and Van Brunt Street, the corner lot is closest to the Smith-9th Streets subway station, serviced by the F and G trains. Jack Tawil of RedHoek + Partners is listed as the owner behind the applications.

Palace Theatre Completes 30-Foot Lift Within TSX Broadway, at 1568 Broadway in Times Square, Manhattan

8:00 am on May 4, 2022 By Michael Young

Construction on TSX Broadway has reached a significant milestone with the completion of the historic Palace Theatre’s lift to its new position 30 feet above street level within the podium of the 47-story Times Square hotel tower. The engineering challenge was overseen by Urban Foundation and Engineering and used a system of 34 hydraulic jacks to hoist the 14-million-pound venue at a speed of about a quarter of an inch per hour over the span of four months. Work will now commence on PBDW Architects‘ restoration of the theater, whose new elevated position will make way for 100,000 square feet of retail space at the base of the structure.

Rendering of 1498-1538 Coney Island Avenue

Developers Secure $92M Loan for 1498-1538 Coney Island Avenue in Midwood, Brooklyn

7:30 am on May 4, 2022 By Sebastian Morris

Parkview Financial recently provided a $92 million construction loan to facilitate the completion of a ten-story commercial building at 1498-1538 Coney Island Avenue in Midwood, Brooklyn. The building will comprise over 215,000 square feet of retail, office space, and community facilities.

Permits Filed for 75 Essex Street on the Lower East Side of Manhattan

7:00 am on May 4, 2022 By Vanessa Londono

Permits have been filed for the conversion of a four-story commercial building into a 14-story mixed-use building at 75 Essex Street on Manhattan’s Lower East Side. Located between Delancey Street and Broome Street, the lot is one block south of the Delancey Street-Essex Street subway station, serviced by the F, M, J, and Z trains. Nechemia Weinberger of Soft Stone Development Group is listed as the owner behind the applications.

Permits Filed for 2280 Mott Avenue in Far Rockaway, Queens

6:30 am on May 4, 2022 By Vanessa Londono

Permits have been filed for a three-story residential building at 2280 Mott Avenue in Far Rockaway, Queens. Located between Gipson Street and McBride Street, the lot is three blocks west of the Far Rockaway-Mott Avenue subway station, serviced by the A train. Oran Revivo under the 2278 Mott Avenue LLC is listed as the owner behind the applications.

Rendering of 555 Greenwich Street - COOKFOX Architects

555 Greenwich Tops Out in Hudson Square, Manhattan

8:00 am on May 3, 2022 By Michael Young

Construction has topped out on 555 Greenwich, a 16-story commercial building in Hudson Square, Manhattan. Designed by COOKFOX Architects and developed by the joint venture Hudson Square Properties, which includes Trinity Church Wall Street, Hines, and Norges Bank Investment Management, the 270,000-square-foot structure connects on nearly every floor to the adjacent 345 Hudson Street via a horizontal overbuild for a total of 715,000 square feet of leasable office space, with floor plates up to 87,000 square feet each. Tishman Construction is the contractor for the property, which is located on a rectangular plot of land bound by Greenwich Street to the west, Charlton Street to the south, and King Street to the north.

Excavations, Foundations Progress at 425 Summit Avenue in Jersey City, New Jersey

7:30 am on May 3, 2022 By Michael Young

Below-grade work is progressing at 425 Summit Avenue, the site of a 26-story mixed-use tower in the Journal Square neighborhood of Jersey City. Designed by Marchetto Higgins Stieve and developed by Spitzer Enterprises, the 356,000-square-foot structure will yield 390 residential units, around 3,800 square feet of ground-floor retail space, 3,660 square feet of amenities, and on-site parking for 51 vehicles. ZDG is the general contractor for the property, which is located at the corner of Summit and Sip Avenues, a short walk from the Journal Square PATH station.

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