Posted Sep 30, 2013, 11:04 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,838
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Quote:
Brooklyn-based Bernheimer Architecture drafted a rendering, but the design was created to give tenants an idea of what the site could look like, and is not an active plan, Della Valle said.
Della Valle is working informally on plans for the project with large office owner Boston Properties. The two are each looking for a large tenant for the site, which Alloy could develop by itself or in partnership with Boston Properties, Della Valle said. Boston Properties did not respond to requests for comment.
But Della Valle said he is also entertaining other possibilities, such as selling the site...
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Looks like Related is on the move...
http://therealdeal.com/blog/2013/09/...son-yards-lot/
Related inks deal for new Hudson Yards lot
September 30, 2013
By Adam Pincus
Quote:
The most active developer in the Hudson Yards district, the Related Companies, is in contract to buy another commercial site in the neighborhood with more than 230,000 square feet of development rights, city records show.
Related’s CEO Jeff Blau signed a contract to buy the parcel at 517 West 35th Street from a private company called HLM Realty, based in Pelham, N.Y., a memorandum of the contract dated Aug. 29 and filed last week with the City Register, reveals.
The site is adjacent to an assemblage owned by Brooklyn-based Alloy Development. There is at least one more building on the block, west of 10th Avenue between 35th and 36th streets, that city records show is owned by another owner, Dagyam 467 10th Ave. Inc., based in Great Neck, L.I.
If the purchase closes, it would be Related’s second acquisition of a competitor’s office project site since it broke ground last December on its first Hudson Yards building...
If Related can control the entire parcel, it would give them another development site on solid ground, as opposed to some of its sites above the rail yards that require a platform to complete.
A city report on Hudson Yards from 2005 said this parcel, if fully assembled, could accommodate a 1.54 million-square-foot tower. Related declined to comment on any specifics of the transaction.
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707B
Tower would be in the upper right corner here...
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