The Georgetown Company has announced a new $410 million financing package for their recently completed office building at 787 Eleventh Avenue. According to the company, the investment from Societe Generale (SocGen) replaces a $350 million construction loan from the Blackstone Group, Goldman Sachs, and ICBC.
Permits have been filed for a ten-story commercial building at 171 Bowery, on the Lower East Side of Manhattan. Located between Broome Street and Delancey Street, the interior lot is two blocks north of the Grand Street subway station, serviced by the B and D trains. Grant Shapolsky of Shapolsky Real Estate is listed as the owner behind the applications, under Prime Manhattan Development LLC.
After topping-out at the end of 2018, 99 Hudson Street has become the tallest skyscraper in both Jersey City and all of New Jersey, standing 900 feet to its rooftop. The 79-story residential building will have 781 units with perfect uninterrupted views of the World Trade Center, the morning sun, and afternoon sunsets to the west. Perkins Eastman is the designer of the tower, while the developer is China Overseas America. Plaza Construction is the main contractor, while DeSimone Consulting Engineers is the structural engineer. Vidaris is in charge of the facade, which is now quickly making its way towards the crown.
After topping-out last year above Morningside Heights, the Vandewater has now launched sales of its 183 condominiums. Located at 543 West 122nd Street, the 33-story residential building stands 391 feet tall, with a total scope of over 300,000 square feet. It is designed by Incorporated Architecture & Design, while SLCE Architects is the executive architect. Savanna is the project’s developer, while Halstead Property Development Marketing is handling sales.
YIMBY has word that Tishman Speyer has finalized lease agreements for all 1.2 million square feet of its recently completed office development known as “The JACX,” in Long Island City. While the property has not officially debuted, the building’s list of tenants includes Macy’s, Inc., New York-Presbyterian, Bloomingdale’s, WeWork, and a primary care practice operated by Weill Cornell Medicine.