Long Island City will soon be home to a new 208,000-square-foot lab and research facility at 43-10 23rd Street. The existing seven-story office building was acquired by Longfellow Real Estate Partners, which has partnered with Sculptor Real Estate for a ground-up redevelopment of the property.
Permits have been filed for a 26-story mixed-use building at 1440 Amsterdam Avenue in West Harlem, Manhattan. Located between West 129th Street and West 133rd Street, the lot is within walking distance of 125th Street subway station, serviced by the 1 train. Yiannes Einhorn of Grid Group under the Built By Grid LLC is listed as the owner behind the applications.
Permits have been filed for a nine-story residential building at 161 Lenox Road in Prospect Lefferts Gardens, Brooklyn. Located between Bedford and Rogers Avenues, the interior lot is three blocks from the Church Avenue subway station, serviced by the 2 and 5 trains. IDS Management is listed as the owner behind the applications.
At number one on our year-end countdown is Skidmore Owings & Merrill‘s mixed-use supertall at 175 Park Avenue in Midtown East, which earlier this month gained approval from the New York City Council. Developed by RXR Realty and TF Cornerstone, the 85-story tower has been reduced in height from 1,642 to 1,575 feet, still enough to surpass Central Park Tower for the title of tallest building in New York by roof height. 175 Park Avenue will eventually rise from the site of the Grand Hyatt hotel between the 108-year-old Beaux Arts Grand Central Terminal and the 91-year-old Art Deco Chrysler Building. The structure will yield 2.1 million square feet of Class A office space; 500 Hyatt hotel rooms on the upper floors spanning 453,000 square feet; 10,000 square feet of retail space on the ground, cellar, and second levels; and an elevated, 25,000-square-foot publicly accessible plaza space populated with artwork and views overlooking the surrounding Midtown streets.
The Howard Hughes Corporation has received necessary approvals to construct a new 26-story mixed use development at 250 Water Street in South Street Seaport, Manhattan. Designed by Skidmore, Owings & Merrill (SOM), the tower will comprise a mix of market-rate and affordable rental apartments, an office component, retail space, and community facilities.
