Posted Apr 12, 2018, 11:46 PM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,795
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New Renderings of Avalon Bay's Upper West Side Tower; JLL Tapped to Market its 70K of Retail Space
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On Broadway, between Columbus Circle and Lincoln Center rises AvalonBay Communities' latest project: a 33-floor, 172-unit building to host condos, rentals and more than 70,000 square feet of retail in its podium. Addressed at 1865 Broadway, the Skidmore Owings & Merrill-designed tower anchors the southwest corner of West 61st Street, a block north from The Shops at Columbus Circle and a half-block west of Central Park. The tower replaces the 12-story former headquarter building of the American Bible Society, which AvalonBay purchased for $300M in early 2015.
Late last year, we announced that the building topped out its 416-foot superstructure. As crews begin to enclose its concrete frame, new signage has been installed over the sidewalk scaffolding announcing that 70,000 square feet of retail are up for grabs on the building's lower floors. JLL has been tapped to market the spaces which span four levels: the first and second floors in addition to two underground floors.
According to the marketing brochure, the retail spaces will have 247-feet of double-height wraparound frontages, a ground-floor with 20-foot-high ceilings, and a 2,000-square-foot outdoor terrace at the second level's northwest corner. The team says a variety of uses could occupy the space(s), which can range from 1,900-SF to the entire 70,000-SF offering.
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City Realty
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