Office

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.

44 West 37th Street in October 2014, image via Google Maps

Permits Filed: 44 West 37th Street, 15-Story Office Building

3:30 pm on August 31, 2016 By Rebecca Baird-Remba

Last week, sources told The Real Deal that developer Sioni Group was planning a 15-story office building at 44 West 37th Street in the Garment District. Now, those plans have materialized at the Department of Buildings.

Office Conversion Planned at Vacant Four-Story, 6,680-Square-Foot Building, 184 Fourth Avenue, Gowanus

1:00 pm on August 31, 2016 By Reid Wilson

The dilapidating and vacant four-story, 6,680-square-foot industrial building at 184 Fourth Avenue, located on the corner of Degraw Street in northern Gowanus, is set to be converted into office space, DNAinfo reported. Brooklyn-based property owner Henry Azcue is leading the conversion. The ground and cellar levels will host a single-car garage and storage space, while office space will fill the second through fourth floors. Scott Schnall’s Brooklyn-based architecture firm is the architect of record. Though work on the conversion has yet to begin, the exterior benefits from a previous clean up.

Supertall One Manhattan West Now Above Ground

8:00 am on August 31, 2016 By Evan Bindelglass

Plenty of attention has been paid to Oxford and Related’s Hudson Yards, but just next to that mega-development is another. That is Manhattan West, from developer Brookfield Properties, and its first new office tower is quickly rising above ground.

33-Story, 270-Unit Mixed-Use Building Reaches Seventh Floor at 120 Nassau Street, Downtown Brooklyn

4:00 pm on August 30, 2016 By Reid Wilson

Since it was entirely below-grade back in January, construction is now up to the seventh floor on the 33-story, 270-unit mixed-use building planned at 120 Nassau Street (a.k.a. 199 Jay Street), in Downtown Brooklyn. The latest photo is courtesy of Tectonic, who posted it to the Forums. The latest building permits indicate a 313,093-square-foot, 425-foot-tall structure is in the works. It will include retail space on the ground floor, office space on parts of the second through eighth floors, and residential units across the rest of the second through eighth floors, as well as the 10th through 32nd floors. The units should average 854 square feet apiece, indicative of rental apartments. A slew of amenities will accommodate the apartments. The Clarett Group is the developer and Woods Bagot is behind the architecture. Completion can probably be expected in 2017 or 2018.

1713 East 13th Street, photo by Christopher Bride for PropertyShark

Permits Filed for Five Stories of Retail and Office Space at 1713 East 13th Street, Sheepshead Bay

3:00 pm on August 30, 2016 By Rebecca Baird-Remba

Demand for new retail and office space is rising across Brooklyn, from tony waterfront neighborhoods like Williamsburg to middle-class immigrant enclaves in the southern part of the borough. Down on Kings Highway in Sheepshead Bay, a five-story retail and office development is in the works.

Construction Underway on Ground Floor of Supertall 35 Hudson Yards

8:00 am on August 30, 2016 By Reid Wilson

Construction is now underway on the ground floor of 35 Hudson Yards, the 72-story, 1,046,332-square-foot mixed-use building under development at the corner of Eleventh Avenue and West 33rd Street in the Hudson Yards District. The construction progress can be seen thanks to photos posted to the YIMBY Forums. The 1,009-foot-tall tower will contain retail space on the ground, second, fourth, and fifth floors, followed by office space on the eighth through 13th floors, a 217-key Equinox hotel on the 15th through 29th floors, and 137 condominium units on the 31st through 70th floors. Equinox will move their global headquarters into the office portion and will open a 60,000-square-foot fitness club in the building. Related Companies and Oxford Properties Group are the developers, and Skidmore, Owings & Merrill is the architect. Completion is expected in 2019. The developers recently negotiated the project’s $2 billion capitalization, which includes $1.2 billion of debt, Real Estate Weekly reported.

Five-Story, 308-Unit Mixed-Use Building Approved at 100 Monitor Street, Jersey City

7:00 am on August 29, 2016 By Reid Wilson

Last week, the Jersey City Planning Board approved plans for a five-story, 308-unit mixed-use project at 100 Monitor Street, located on the corner of Johnson Avenue in the city’s Communipaw section. The building will include 2,980 square feet of ground-floor retail space and 8,000 square feet of office space, the latter of which will be leased to the Jersey City Redevelopment Agency, Jersey Digs reported. The residential units will be rentals and amenities will include an 85-car parking garage, a fitness center, a pool, and a landscaped garden. Ironstate Development and Landmark Developers are developing the building. The site is an assemblage of six vacant lots and groundbreaking is scheduled for early 2017.

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