Retail

Proposed Changes To Four Seasons Restaurant Go Over Like Lead Balloon At Landmarks

7:30 am on May 20, 2015 By Evan Bindelglass

The Four Seasons Restaurant is a New York City icon within a New York City icon (the Seagram Building) and to say proposed changes to it were unwelcomed by the members of the Landmarks Preservation Commission would be the understatement of the week. The building, located at 375 Park Avenue / 99 East 52nd Street, was completed in 1958 and the restaurant opened one year later. They are the product of legendary architects Ludwig Mies van der Rohe and Philip Johnson, along with the firm of Kahn & Jacobs. The restaurant is a symbol of New York’s power and greatness. Most of us will never dine there, but those who have consider its spaces basically sacred.

10-Story Office Building Across From Nordstrom Tower Acquired for $213.8 Million

6:30 am on May 19, 2015 By Reid Wilson

Eretz Group has acquired the 10-story, 170,000 square-foot office and retail building at 224 West 57th Street — across from Extell’s planned Nordstrom Tower, in Midtown — for $213.8 million. The building is landmarked, and after being acquired for $85 million in 2010, it underwent a $50 million renovation designed by Tirmizi Campbell. Per The Real Deal, the non-profit Open Society Foundations currently leases a majority of the building.

Whole Foods Building At 242 Bedford Avenue Receives Glassy Façade, Williamsburg

11:00 am on May 18, 2015 By Reid Wilson

In January, Brownstoner reported that the new two-story Whole Foods building had topped out at 242 Bedford Avenue in Williamsburg, and now Gothamist has the latest with photos of façade installation. The 50,000 square-foot building appears to have received a redesign, which notably includes a cleaner and more modern glass envelope. Aurora Capital Associates and Midtown Equities is developing, and completion is opening is expected in Spring of 2016.

Nordstrom Tower/217 West 57th Street, image from Extell

Official Rendering Revealed for 217 West 57th Street, Nordstrom Tower

8:00 am on May 14, 2015 By Nikolai Fedak

While Extell has avoided posting any information on-site or online for 217 West 57th Street, YIMBY has brought you two sets of plans for the building, with the most recently obtained versions (dated June of 2014) depicting a 1,795-foot pinnacle. We have now obtained an official rendering Extell is using for the project, dated from this March, confirming it will look almost identical to both versions previously revealed by YIMBY as well as the image of the tower created in-house at Smith + Gill.

Commercial Conversion of Industrial Properties Planned at 333 Johnson Avenue, East Williamsburg

12:30 pm on May 12, 2015 By Reid Wilson

Normandy Real Estate Partners and Princeton Holdings LLC have acquired the 160,000 square-foot low-rise industrial property at 333 Johnson Avenue in East Williamsburg for $26.75 million. The complex will be converted into a mixed-use commercial complex, featuring offices and retail. DNAinfo also reports the inclusion of a 40,000 square feet of outdoor space, and completion is expected in early 2016.

New Look at Related’s West Side Yards, at Hudson Yards

8:00 am on May 12, 2015 By Nikolai Fedak

The Hudson Yards project has taken decades to get off the ground, but construction is well underway on the site’s first few buildings, with the superstructure for 10 Hudson Yards already making an impact on the skyline. While the Eastern railyards will be impressive in their own right, the Western railyards are a bit further down the development pipeline, but Related has created a new set of conceptual towers that illustrate their potential, posted in an update to the Hudson Yards website.

Cayuga Capital To Transform 321 Starr Street Into Retail Building, Bushwick

11:00 am on May 11, 2015 By Reid Wilson

DNAinfo reports Cayuga Capital acquired the single-story warehouse building at 321 Starr Street, at the northern tip of Bushwick, for $9 million, and plans to expand the building to accommodate multiple commercial tenants. MetroRock Climbing is already expecting to open a 23,000 square-foot facility in the building in spring of 2016, and future tenants will be revealed later on.

217 West 57th Street and One World Trade Center

Diagrams Show Nordstrom Tower/217 West 57th Street Will Stand 1,795 Feet Tall, Becoming New York City’s Tallest Building

8:00 am on May 11, 2015 By Nikolai Fedak

The current race to the top of the skyline is the most impressive in New York City’s history, with ever-taller skyscrapers sprouting from the Financial District all the way to 57th Street. And YIMBY has now learned that 217 West 57th Street, aka the Nordstrom Tower, received a height boost between April and June of last year, pushing the tower’s pinnacle to 1,795 feet. That will make it the tallest building in New York City, the United States, and the Western Hemisphere.

Foot Locker, WeWork Lease Space at 8 Times Square, in Midtown

11:00 am on May 6, 2015 By Reid Wilson

Foot Locker has leased 36,000 square feet of retail space at 1460 Broadway — dubbed 8 Times Square — a 16-story commercial building in Midtown, reports the New York Post. The building is currently being renovated and repositioned in phases by Himmel+Meringoff and The Swig Company, and MdeAS Architects is designing. WeWork is leasing 180,000 square feet of office space above, and renovations are expected to be finished in 2016.

28 Liberty Street, proposed southeast corner. Credit: SOM

Landmarks Wants Re-Think of Re-Development At 28 Liberty Street

8:00 am on May 6, 2015 By Evan Bindelglass

In 2013, Fosun International Ltd. bought One Chase Manhattan Plaza. They have re-branded it as 28 Liberty Street and now they want to re-develop the landmark. The proposal includes ground floor retail and major changes to the plaza, and was presented to the Landmarks Preservation Commission on Tuesday, but the commissioners had issues. So, the team will have to re-work their plan before they get the go-ahead.

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