Office

270 Park Avenue To Become Largest Purposely-Demolished Building In World History

8:00 am on February 22, 2018 By Andrew Nelson

The Park Avenue corridor north of Grand Central is about to sprout yet another major new addition. 432 Park Avenue opened as the tallest residential tower in the country earlier this decade. 425 Park Avenue is currently under construction, and will soon become an 892-foot tall office building. And now, 270 Park is set for demolition and rebirth as a supertall, stretching to an eventual pinnacle 1,200 feet above street level.

3 World Trade Center, image by Andrew Campbell Nelson

Rooftop Views & Interior Update on Supertall 175 Greenwich Street, aka 3 World Trade Center, As Opening Day Approaches

8:00 am on February 21, 2018 By Andrew Nelson

Last week, YIMBY was taken on a tour of 175 Greenwich Street, aka 3 World Trade Center, visiting the rooftop, the terrace, and the lobby. The building, located in the heart of the Financial District, has made incredible progress, with the façade now complete save for windows connected to the exterior hoist. Interior work is also approaching the finish line.

Permits Filed for 1968 2nd Avenue, East Harlem

6:30 am on February 21, 2018 By Andrew Nelson

Permits have been filed for a two-story commercial building at 1968 2nd Avenue, in East Harlem, Manhattan. The site is three blocks away from the 103rd Street Subway Station, serviced by the 4 and 6 trains. Five blocks to the south is the 96th Street Subway Station, serviced by the Q trains. An anonymous LLC is listed as responsible for the development.

Rendering of 25-11 49th Avenue, via the Real Deal

Financing Secured, Rendering Revealed for 25-11 49th Avenue, Long Island City, Queens

7:30 am on February 9, 2018 By Andrew Nelson

Financing has been secured for a new eleven-story conversion at 25-11 49^th Avenue, in Long Island City, Queens. The site was sold to Normandy Real Estate Partners and Keystone Equities in September 2016 for $39.1 million, at over $200 per buildable square foot. The rendering reveals their plan is to refurbish the existing two-story facility, build up eight stories along half the extant area, while using the other half of the roof for green space.

Looking West towards 57th Street, from 257 East 57th Street, image by Andrew Campbell Nelson

Midtown Manhattan’s New Supertalls As Seen From 252 East 57th Street’s Penthouse

8:00 am on February 7, 2018 By Andrew Nelson

Earlier last week, YIMBY got the opportunity to see the mountainous Midtown neighborhood, the rising towers in Queens, and the Upper East Side from the penthouse of 252 East 57^th Street. The full-floor apartment had two terraces on the Northwest and Southeast edges of the building, from which we were given an eye-to-eye look at several high-rises on the rise.

Michael Green Architecture _ Lotus Equity Group 1

Renderings Revealed for Country’s Largest Timber Office Building in Newark, New Jersey

7:30 am on February 6, 2018 By Andrew Nelson

Renderings are out for an 11-story timber office building proposed for the Riverfront Square development in Newark, New Jersey. The site is located next to New Jersey Transit’s Broad Street station, which is less than a twenty-minute commute to Midtown Manhattan. The project is part of a larger 11.8-acre mixed-use development, as well as Riverfront Park, designed by James Corner Field Operations. Lotus Equity Group will be responsible for the development.

One Vanderbilt, photo by Andrew Nelson rendering by Jose Hernandez

One Vanderbilt Begins Rising Above Its Retail Podium, Midtown East

8:00 am on January 31, 2018 By Andrew Nelson

Construction is moving along at One Vanderbilt in Midtown, with work on the lower floors now rising past the cantilever. Thanks to images by Tectonic, we can see the tower has reached its maximum width. It is now nearly the same height as Grand Central Terminal, which peaks at 130 feet. Several companies have recently signed on for space, with Greenberg Traurig announcing plans to move their center of New York Operations into the supertall, acquiring a fifteen-year lease for four continuous floors.

1345 Avenue of the Americas renovated, image courtesy Rubenstein

Exclusive Photos of Lobby and Entrance Renovation at 1345 Avenue of the Americas, Midtown

6:00 am on January 11, 2018 By Andrew Nelson

The lobby at 1345 Avenue of Americas has been renovated, and today, YIMBY has an exclusive first look inside the space. Skidmore, Owings & Merrill were commissioned by Fisher Brothers to redesign the interior. The owners wanted to replace the original white and tan marble with a brighter, more spacious lobby, and the photos indicate that the architects have accomplished exactly that.

10 Hudson Yards, image by Andrew Campbell Nelson

10 Hudson Yards Fully Occupied With 6,000 Workers, Achieves LEED-Platinum Certification

8:00 am on January 4, 2018 By Andrew Nelson

The first commercial tower to open in Hudson Yards, 10 Hudson Yards, is still making headlines, having now achieved LEED-Platinum certification from the U.S. Green Building Council. This surpasses original expectations of a LEED-Gold Certificate. Developers Related Companies and Oxford Properties Group announced that this is the first commercial building in New York City to receive the award since the LEED v2009 rating system was established.

Site 4 North of Essex Crossing, 180 Broome Street, rendering by Handel Architects

$200 Million Construction Loan Secured for 180 Broome Street, Essex Crossing, Lower East Side

7:30 am on January 4, 2018 By Andrew Nelson

Delancey Street Associates has closed a deal for funding the construction of 180 Broome Street, on the Lower East Side. The capital comes from Wells Fargo and M&T Bank, along with equity from DSA and Goldman Sachs Urban Investment Group. The loan secures $200 Million out of the projected total construction cost of $300 million. Essex Crossing is being developed by Delancey Street Associates, which is comprised of BFC Partners, L+M Development Partners, Taconic Investment Partners, and Goldman Sachs.

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