The shell of a gas station at 100 East Broadway has sat empty for six years near the entrance to the Manhattan Bridge in Chinatown. Now a 14-story office and medical building will rise on the block-long corner lot between the bridge, Division Street, Pike Street and East Broadway.
YIMBY first revealed Related’s 51-story, 1.3-million square-foot office building dubbed 55 Hudson Yards in May of 2014, and then we brought you an excavation update earlier this spring. Today, per Curbed, foundation work is well underway. Kohn Pedersen Fox is designing, and completion is expected in 2017. Oxford Properties Group is co-developing, and Mitsui Fudosan also owns a 92.09 percent stake in the project.
Macy’s is about to sell five stories of their nine-story building at 422 Fulton Street and the parking garage at 11 Hoyt Street (aka 217 Livingston Street) to Tishman Speyer for $170 million, according to Crain’s. Macy’s will consolidate commercial operations to 310,000 square feet, spanning the basement to the fourth floor, and Tishman will fund extensive renovations for those floor. As for the five upper floors Tishman is purchasing, those will be converted to office space and five more floors will be added up top. In the end, 10 stories of integrated office space is planned.
The Dupler Group is putting the land under a five-story office building at 222-226 East 46th Street, in Midtown East, on the market as a 99-year lease; the property is being valued at around $30 million. The site contains 72,000 square feet of development rights, and a developer could demolished the existing structure for a 33-story residential tower with as many as 96 rental units. Newmark Grubb Knight Frank is marketing the property, per The Real Deal.
Last week, YIMBY posted an update on construction at 175 Greenwich Street, aka Three World Trade Center, as the tower reached its halfway point, having risen 41/80 stories. Now we have new information that the building has in fact seen a height reduction from the previous version, dropping from 1,168 feet down to 1,079 feet, and we also have two new renderings of the podium.
Notifications