Developer Tishman Speyer and Debevoise & Plimpton LLP have finalized negotiations for a massive 530,000-square-foot office at 66 Hudson Boulevard, aka The Spiral. The global law firm expects to relocate its headquarters from 919 Third Avenue in the second half of 2022. With this latest transaction, Tishman Speyer has now successfully pre-leased 54 percent of the building.
Full demolition permits have been filed for 251 East 77th Street in Lenox Hill on the Upper East Side of Manhattan. According to the filing, the site is owned by Benjamin Ohebshalom of Gallery 77 Associates, LLC. It currently houses a five-story mixed-use building with 14 residential units and two commercial units. The 48-foot-tall structure was built in 1910.
Permits have been filed for a seven-story residential building at 17-11 Hancock Street in Ridgewood, Queens. Located between Cypress Avenue and Myrtle Avenue, the through lot is a few blocks from the Seneca Avenue subway station, serviced by the M train. Leo Kaufman under the Hancock Residence LLC is listed as the owner behind the applications.
Construction on the full-block development at Front & York is swiftly ascending at 85 Jay Street in DUMBO, Brooklyn. Designed by Morris Adjmi Architects and developed by CIM Group and LIVWRK, the the 1.1-million-square-foot residential project will rise 21 stories and yield 728 apartments that start around $950,000.
New York City’s Landmarks Preservation Commission (LPC) will decide the fate of a new nine-story hotel to be constructed within the historic Margaret Louisa Home in Manhattan. The existing six-story structure at 16 East 16th Street was completed in 1891 and included 78 bedrooms, parlor and reception rooms, private dining areas, a public restaurant, and laundry facilities for over 100 women who lived in the building.