New residential developments are cropping up everywhere in Chinatown, but office projects in the lower Manhattan neighborhood are still few and far between. Yesterday, new building applications surfaced for a six-story office development at 10 Eldridge Street, half a block from the Manhattan Bridge.
Back in April of 2015, renderings were revealed of the planned commercial conversion of the Golten Marine building, a three-story, 98,650-square-foot former industrial property at 160 Van Brunt Street, in northern Red Hook. Since then, construction has been largely completed on the project and Tesla Motors was announced as the anchor tenant, as reported by Curbed NY earlier this year. Tesla is leasing 40,000-square feet on the ground floor, which it will use for dealership showrooms, offices, and a service center. The Brooklyn Paper also recently reported Tesla will install a reconstructed illuminating “Red Hook” sign on the ground floor. The building opened in March and contains additional yet-to-be-leased office space on the upper levels. LIVWRK is the developer and acquired the property for $21.5 million in 2014. New Jersey-based John Saracco Architects is the architect of record.
The 36-story, 615,850-square-foot office building at 65 East 55th Street, in Midtown, is currently receiving a $25 million renovation now that a majority of the tower is in between commercial leases. Construction on the first phase of renovations began earlier this year and includes a redesigned 41-foot-tall lobby and upgraded elevators, according to Commercial Observer. Once tenants vacate additional areas of the building this summer, work will begin on 20,000 square feet of amenities. Dubbed The Club, it will feature a fitness center, a recreational lounge, a bistro, and a conference center. A new outdoor plaza, with seating, vegetation, a sculpture, and a restaurant/bar, is also being constructed. Once completed, hundreds of thousands of square feet of office space will hit the market. Landlord Equity Office, a branch of Blackstone Group, acquired the 1985-built building in 2014 for $750 million.
After a decade of delays, Triangle Equities finally landed financing and broke ground last month on Lighthouse Point, a sprawling mixed-use project next to the St. George Ferry Terminal on Staten Island. Now, YIMBY has new images of the residential, retail, and office complex under construction on the North Shore.
A combination of zoning and landmarking makes it tough to build office buildings in the Meatpacking District. Despite the hurdles, 860 Washington Street has taken shape at the corner of West 13th Street. YIMBY reader Tectonic recently stopped by the site, and today we have a look at the construction progress.
