Office

Façade Installation Underway at 19-Story, 57-Unit Mixed-Use Building, 210 East 39th Street, Murray Hill

2:00 pm on September 20, 2016 By Reid Wilson

Façade installation is underway on the topped-out 19-story, 57-unit mixed-use building under development at 210 East 39th Street, in Murray Hill. Photos showing this come courtesy of prolific construction chronicler Tectonic. The latest building permits indicate the structure encompasses 67,573 square feet and rises 185 feet above street level, not including the bulkhead. There will be 7,929 square feet of office space on the ground through third floors for a “philanthropic non-profit institution,” per the Schedule A. The residential units, rentals, should average 893 square feet apiece. Eighteen percent of them (10 units) will rent at below-market rates through the affordable housing lottery. CBSK Ironstate — comprised of SK Development, CB Developers, and Ironstate Development — is the developer. Rawlings Architects is the behind the architecture. Completion is expected in early 2017.

Ground Floor of 46-Story Hearst Tower Getting 107-Foot-Long Digital Display, 300 West 57th Street

2:00 pm on September 20, 2016 By Reid Wilson

Hearst Tower, the 46-story, 861,100-square-foot office tower located at 300 West 57th Street in Midtown, is about to get a flashy upgrade to its ground floor. Crews are now constructing what will be dubbed HearstLive, a digital, wrap-around media installation that will broadcast news and other information. It will become the building’s façade at street level, measuring 107 feet, five inches along Eighth Avenue and 57th Street. The exact content will be determined by a collection of Hearst’s brands and partners. Hearst Tower is an individual landmark, which means the Landmarks Preservation Commission would have had to approve any exterior alterations, but this latest addition appears to be located behind the existing glass. HearstLive will debut on September 27.

New Renderings Show Tishman Speyer’s Residential Towers and Office Complex Under Development in Long Island City

8:00 am on September 20, 2016 By Reid Wilson

As three residential skyscrapers begin their ascent skyward at 28-10 Jackson Avenue, in Long Island City, renderings for them have finally surfaced per the Wall Street Journal. The towers will stand 43, 45, and 53 stories, respectively, and will together encompass an enormous 1,687,776 square feet. There will be 1,900 residential units and 13,807 square feet of ground-floor retail space. In addition to a slew of amenities, the complex will sport a private 2.5-acre park in the center. Goldstein, Hill, & West Architects is behind the design. Tishman Speyer and H&R Real Estate Investment Trust are the developers.

Nine-Story, 142,500-Square-Foot Commercial Building Rises Above Street Level at 540 West 26th Street, West Chelsea

6:30 am on September 20, 2016 By Reid Wilson

Construction is up to the third floor on the nine-story, 142,554-square-foot mixed-use commercial building at 540 West 26th Street, in West Chelsea. The latest photos can be seen on the YIMBY Forums. The most recent building permits indicate the project will eventually measure 142,554 square feet and rise 135 feet above street level. The developers have already pre-leased 85,421 square feet across portions of the ground through fifth floors to Avenues: The World School, a private school. The sixth through ninth floors will contain office space and the ground floor will feature an art gallery space. The real estate fund Savanna and the Silvermintz family are developing the building, while Morris Adjmi Architects is designing it. Completion is expected in 2017.

Reveal for Swiss Institute’s New Two-Story, 7,500-Square-Foot Headquarters at 130 Second Avenue, East Village

2:00 pm on September 19, 2016 By Reid Wilson

In September of 2015, Stellar Management acquired, for $12 million, the two-story, 7,500-square-foot commercial building at 130 Second Avenue. That’s located on the corner of St. Marks Place in the East Village. It has now been revealed that Stellar will renovate the existing building, formerly occupied by a Chase bank branch. It will become the headquarters of the currently TriBeCa-based non-profit art organization Swiss Institute, Curbed NY reported. Besides upgraded office space, new elements will include event spaces, a library, a bookstore, and a rooftop terrace. Selldorf Architects is designing the renovation and completion is expected in 2017.

61-63 Crosby Street, existing and proposed

Landmarks Approves Renovations for Commercial Conversion of 61-63 Crosby Street, SoHo

3:00 pm on September 13, 2016 By Evan Bindelglass

A pair of over century-old combined buildings in SoHo are on their way back to commercial use. Last Tuesday, the Landmarks Preservation Commission approved a proposal for 61-63 Crosby Street.

New Details Revealed of Planned 500,000-Square-Foot Office Tower at 420 Albee Square, Downtown Brooklyn

11:00 am on September 13, 2016 By Reid Wilson

YIMBY revealed preliminary renderings of a planned office building at 420 Albee Square, in Downtown Brooklyn, when the New York City Economic Development Corporation announced the project back in November of 2015. Now, new details are emerging. Dubbed One Willoughby Square, it will measure roughly 500,000 square feet. Kohn Pedersen Fox is responsible for the design, although the final vision is still to be determined, the Wall Street Journal reported. It’s unclear how many floors there will be or how high the building will rise since new building applications have yet to be filed. The developers, JEMB Realty and Forest City Ratner Companies, are currently seeking an anchor tenant. Construction is expected to begin in 2017. The 22,840-square-foot site is currently vacant.

Renovation, Expansion Planned for Eight-Story, 423,000-Square-Foot Office Building at 441 Ninth Avenue, Hudson Yards District

11:00 am on September 7, 2016 By Reid Wilson

The eight-story, 423,000-square-foot office building at 441 Ninth Avenue — located between West 34th and 35th streets in the Hudson Yards District — is slated to be renovated and vertically expanded by 150,000 square feet. Portions of the ground floor could also be converted into retail space, The Real Deal reported. The plans haven’t been filed with the Buildings Department yet. The Cove Property Group and hedge fund Baupost Group are the developers. The duo recently acquired the property for $330 million. The structure was originally built as a warehouse in 1953 and later converted into an office property in the 1980s. The existing tenant is expected to vacate the property within one year.

730-Unit Mixed-Use Project Proposed at 2460 Second Avenue, East Harlem

6:30 am on September 1, 2016 By Reid Wilson

The New York City Economic Development Corporation (NYCEDC) has released preliminary plans, ahead of a presentation set to be given later in September, to develop a 1.1-million-square-foot mixed-use project at 2460 Second Avenue, in northern East Harlem. The city-owned property, currently a vacant 105,000-square-foot former bus depot, was the site of a church and a slave burial ground during the 17th century, Commercial Observer reported. The redevelopment would include a 15,000-square-foot living memorial and cultural center in honor those who were buried there. The rest of the project could include 730 rental apartments, half of which would rent at below-market rates. In addition, the plan calls for 315,000 square feet of commercial space, including retail and offices, and 30,000 square feet for community facilities. It would be accommodated by a 300-car parking garage and 18,000 square feet of outdoor space. Since the site is city-owned, the project must be approved through the Uniform Land Use Review Procedure (ULURP). Completion is tentatively set for 2022. The block-encompassing site is located between East 126th and 127th streets.

3 World Trade Center and 4 World Trade Center (left to right). Photo by Tectonic via YIMBY Forums

Glass Nears Halfway Mark at 3 World Trade Center, Financial District

4:30 pm on August 31, 2016 By Evan Bindelglass

The 15th anniversary of the 9/11 terrorist attacks is less than two weeks away, and there is new and noticeable progress that has been made on the construction of the World Trade Center.

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