Office

Rendering of 512 West 22nd Street. Via COOKFOX.

Partial Demolition Underway For 11-Story, 137,000-Square-Foot Office Project At 510 West 22nd Street, Chelsea

7:30 am on October 14, 2016 By Reid Wilson

Only a portion of the former five-story commercial building’s steel skeleton remains at the site of a planned 11-story, 137,081-square-foot commercial building at 510 West 22nd Street, located along the High Line in West Chelsea. The steel beams will be incorporated into the new building, which means the project is technically an expansion. Excavation work is currently taking place elsewhere on the property, as seen in the latest from Tectonic.

Renovation Underway On 47-Story Office Tower At 30 Broad Street, Financial District

6:30 am on October 11, 2016 By Reid Wilson

Tribeca Associates is currently conducting a $30 million renovation of the 47-story, 470,000-square-foot office tower, known as the Continental Bank Building, at 30 Broad Street in the Financial District. Architecture firms Montroy Andersen DeMarco and Jun Aizaki Architecture & Design are behind the renovation.

Reveal For 15-Story, 113-Unit Mixed-Use Building Planned At 87 Newkirk Street, Jersey City

2:00 pm on October 6, 2016 By Reid Wilson

A rendering has been revealed of the planned 15-story, 113-unit mixed-use building at 87 Newkirk Street, in the Journal Square section of Jersey City. The project will measure 129,500 square feet in total, featuring 5,000 square feet of ground-floor retail space, followed by 21,500 square feet of co-working space on the second and third floors. The residential units above will be rental apartments configured in studios and co-living suites with multiple bedrooms.

Developer Assembling Site For Mixed-Use Tower At 45-01 23rd Street, Long Island City

10:00 am on October 3, 2016 By Reid Wilson

SoHo-based Tavros Capital is currently in the process of assembling a site with significant development potential on the corner of 23rd Street and 45th Avenue, in the Court Square section of Long Island City. Over the summer, the development firm purchased the townhouses at 45-03 23rd Street and 45-07 – 45-09 23rd Street for $11.25 million, and has since entered into contract on two additional properties, while waiting for two more. Plans include a mixed-use building with retail, office, and residential components, The Real Deal reported. The site can accommodate up to 167,000 square feet of mixed-use development as-of-right, though an additional 83,000 square feet of air rights could be acquired. Tavros expects the assemblage to cost between $30 and $35 million once complete.

Rendering of 66 Hudson Boulevard. Credit: BIG/Tishman Speyer.

Tishman Speyer Moves Forward with 64-Story Hudson Yards Office Tower at 66 Hudson Boulevard

4:00 pm on September 29, 2016 By Rebecca Baird-Remba

Last year, Tishman Speyer paid two tenants $25 million to vacate a small apartment on its development site in Hudson Yards. The hefty settlement cleared the way for the commercial real estate developer to build a massive office tower at 509 West 34th Street, between 10th and 11th avenues. Now the firm has filed plans for the 64-story building, which has been named “The Spiral” and comes with a second address at 66 Hudson Boulevard.

Turkevi Center at 821 First Avenue. rendering by Perkins Eastman

Turkey Files Plans for 35-Story Consulate and Apartments at 821 First Avenue

4:00 pm on September 28, 2016 By Rebecca Baird-Remba

In March, renderings of the Turkevi Center appeared, a planned mission, consulate, and residential tower for the Republic of Turkey. Now the Turkish consulate has filed applications for the 35-story development at 821 First Avenue, at the corner of 46th Street.

Renderings Revealed Of Pennsylvania Station-Farley Complex Transportation Project

7:30 am on September 28, 2016 By Reid Wilson

Earlier this year, Gov. Andrew Cuomo released a request for proposals (RFP) to upgrade, modernize, and expand Pennsylvania Station, located at Eighth Avenue and West 33rd Street under Madison Square Garden. The project will also incorporate the landmarked James A. Farley Post Office Building into the transportation complex. Now, renderings of the project have been revealed, per The New York Times, along with a timeline.

Piling Work Underway For Two-Towered, 310-Unit Mixed-Use Project At 76 Eleventh Avenue, Chelsea

8:00 am on September 27, 2016 By Reid Wilson

Piling work is now underway on the two-towered, 310-unit mixed-use complex under development at 76 Eleventh Avenue, located between West 17th and 18th streets in southern Chelsea. The site can be seen thanks to a photo posted to the YIMBY Forums. The project will consists of 25- and 35-story towers, rising 302 and 402 feet above street level, respectively. A common four-story base will feature 181,893 square feet of commercial space. It will include retail and office space, in addition to the residential amenities. The residential units, located in the towers, will be condominiums, averaging 2,258 square feet apiece. HFZ Capital Group is the developer. Bjarke Ingels Group is the design architect and Woods Bagot is the executive architect. Completion is expected in 2019.

65,000-Square-Foot Mixed-Use Commercial Building Planned At 23-20 Jackson Avenue, Long Island City

8:00 am on September 26, 2016 By Reid Wilson

The Vorea Group has signed a 99-year ground-lease, worth roughly $350 million, for the 10,000-square-foot development site at 23-20 Jackson Avenue, located on the corner of Pearson Street in the Court Square section of Long Island City. The developer plans to build a mixed-use commercial building measuring between 50,000 square feet and 65,000 square feet, according to the Wall Street Journal. The lower floors will contain 30,000 square feet of retail space while the upper floors will feature offices. The site, currently occupied by a single-story commercial building, can accommodate up to 50,000 square feet of leasable commercial square-footage. Neither demolition permits nor new building applications have been filed. Real Estate Weekly reported on the details of the lease.

Oscar Winner Can’t Stop Landmarks Approval for Office Conversion of Garage at 165 Mercer Street, SoHo

7:00 am on September 22, 2016 By Evan Bindelglass

A new era is about to dawn for a SoHo building. On Tuesday, amid testimony from an Academy Award winner, the Landmarks Preservation Commission approved changes that will assist the office conversion of the parking garage at 165 Mercer Street. That’s on the west side of the street between Prince and West Houston streets.

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