Office

25 Kent Avenue, rendering via Heritage Equity Partners

How the City is Encouraging Office Development and Manufacturing in North Williamsburg

4:30 pm on January 15, 2016 By Rebecca Baird-Remba

Just as the MTA considers a lengthy L train shutdown to repair flood damage from Hurricane Sandy, the Department of City Planning has kicked off the approval process for Williamsburg’s first new office building in decades. But the rezoning for the development at 25 Kent Avenue includes a policy that could shape industrial areas throughout the city. It would create a special district that allows developers to trade light manufacturing space for extra office space.

Office Renovation, Leasing Underway At 32-Story Verizon Building, 375 Pearl Street, Civic Center

4:00 pm on January 15, 2016 By Reid Wilson

Sabey Data Center Properties is in the middle of renovating the former Verizon Building, a 32-story, 1.1-million square-foot building at 375 Pearl Street, in Lower Manhattan’s Civic Center. The building was designed by Rose, Beaton & Rose and completed in 1976. Up to 15 floors, or 500,000 square feet, are being converted into office space, dubbed Intergate.Manhattan, and the remaining area will be exclusively data center space. Three sides of the building on the new office levels will receive a glass façade. According to The Real Deal, the city’s Department of Finance is planning to lease 175,000 square feet of space located on the 26th through 30th floors. Other smaller leases have been signed over the past two years, and the renovation is expected to be complete by the end of this year.

Developer Plans Conversion Project At Four-Story Building At 5018 Fourth Avenue, Sunset Park

2:00 pm on January 14, 2016 By Reid Wilson

The four-story, 24,000 square-foot commercial building at 5018-5024 4th Avenue, in Sunset Park, has been purchased by developer Congregation Imrei Yehudah for more than $7.5 million. According to the Brooklyn Daily Eagle, the new owner plans to convert the vacant building into residential units or office space. The 6,400 square-foot lot also contains 2,880 square feet of air rights, which could go towards expanding the building. It’s conveniently located three blocks north of the 53rd Street stop on the R train.

New Renderings for Bjarke Ingels-Designed 76 Eleventh Avenue, HFZ’s Meatpacking Skyscrapers

8:00 am on January 12, 2016 By Nikolai Fedak

Back in November, YIMBY posted the first renderings for 76 Eleventh Avenue, which is being developed by HFZ Capital. Now, we have a new set of images for the project, which is being designed by Bjarke Ingels Group. They show major tweaks to the formerly jigsaw-like design, and accompanied EB-5 materials for the project sent to YIMBY.

Why 2016 Will Be the Manhattan Skyline’s Biggest Year Ever

8:00 am on January 11, 2016 By Nikolai Fedak

The rise of the supertalls has been several years in the making, and One57, 432 Park Avenue, and One World Trade Center have offered a preview of the increasingly gargantuan changes taking place across New York City. But 2016 will mark the start of a new era for the city’s skyline. With six supertalls of 300 meters (984 feet) or greater now rising, the city’s total number of such buildings will nearly double, from seven to thirteen. Yesterday, the New York Post featured YIMBY’s compilation of the towers, and today we wanted to give our own rundown on the image and its implications for our continually-changing city.

Demolition of the McDonald's at 427 Tenth Avenue, with 10 Hudson Yards in the distance. Photo by YIMBY user Robert Walpole.

34th Street McDonald’s Demolition Clears Way For Supertall 50 Hudson Yards

7:30 am on January 11, 2016 By Evan Bindelglass

The 52-story office tower at 10 Hudson Yards topped out back in November, but work has yet to start on the planned tower at 50 Hudson Yards. However, there is movement that will help make…

Revealed: 73-Unit 25-24 Jackson Avenue, Long Island City

7:30 am on January 7, 2016 By Evan Bindelglass

It was in September of 2014 that YIMBY brought you news of a planned 11-story, 73-unit mixed-use building at 25-24 Jackson Avenue (a.k.a. 5 Court Square) in Long Island City, at the corner of Thompson Avenue, just across the street from One Court Square. Now, we have an idea what it will look like, courtesy of renderings from Flushing-based MY Architect.

Reveal For Nine-Story, 150,000 Square-Foot Office Building At 61 Ninth Avenue, Chelsea

1:00 pm on January 6, 2016 By Reid Wilson

In the first half of 2015, YIMBY reported on filings for a nine-story, mixed-use commercial building at 61 9th Avenue, on the corner of West 15th Street in Chelsea, and now Crain’s has the first rendering of the project. The entire structure will measure 153,754 square feet in total, and there will be 115,000 and 37,000 square feet of boutique office and retail space, respectively. Retail will be located on the cellar through the second floor. Rafael Viñoly is behind the design, and Vornado Realty Trust and Aurora Capital are developing. Demolition permits were filed in December to remove the existing lumber shop and billboard sign. Groundbreaking is expected in mid-2016, with completion scheduled for early 2018.

ULURP Kicks Off For Nine-Story, 480,000 Square-Foot Office Building At 25 Kent Avenue, Williamsburg

11:00 am on January 5, 2016 By Reid Wilson

In the spring of 2015, Heritage Equity Partners was preparing to file for a special permit that would allow it to build a nine-story, 480,000 square-foot office building at 25 Kent Avenue, within northern Williamsburg’s manufacturing zone. Current zoning requires half the building to be community facility space, but the permit would eliminate such mandate so the entire structure can be used for office or light manufacturing space. According to Crain’s, the Department of City Planning certified the application, which means the city’s Uniform Land Use Review Procedure (ULURP) has officially begun. The building would take up an entire city block and include a public plaza. The site’s old warehouses have already been demolished. In related news, Philadelphia-based Rubenstein Partners is purchasing an undisclosed stake in the project.

Developer Plans Mixed-Use Commercial Building At 101 Varick Avenue, East Williamsburg

1:00 pm on January 4, 2016 By Reid Wilson

The Rabsky Group is purchasing the single-story, 92,221 square-foot warehouse at 101 Varick Avenue, in East Williamsburg, for $48 million, with prospects to redevelop the 141,863 square-foot property into commercial space. A new office building could measure 280,000 square feet, and would include multiple tenants and ground-floor retail space, according to The Real Deal. The existing warehouse is currently being leased as warehouse, storage, and office space. The deal is expected to close in February.

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