NEW YORK | Highrise Developments Compilation Thread

[gttx]

Originally Posted by Hypothalamus

FIELD CONDITION:

NYU 433 FIRST AVENUE / APRIL 19, 2014
April 21, 2014

The base looks remarkably like New School's new building on 5th Ave. Anyone else see the similarity?

[Hypothalamus]

New York YIMBY:

Construction Update: 38 West 36th Street
BY: NIKOLAI FEDAK ON APRIL 24TH 2014 AT 6:00 AM


38 West 36th Street — rendering by Le Soleil

Construction is making rapid progress at 38 West 36th Street, where a Peter —-designed hotel is about to begin its vertical ascent. The project’s developer is Executive Hotels, and it will house ‘Le Soleil,’ which will supposedly “reflect stylish sophistication and the warmth of old world elegance.”

While on-site renderings depict a relatively inoffensive building, a new PDF posted on Le Soleil Hotels’ website offers a decidedly different perspective on the development, and it seems as though the design has undergone changes; any semblance of attractiveness has apparently gone out the window.

The differences between the images are apparently the product of artistic license, as zoning diagrams filed last April match the version of 38 West 36th Street in the PDF. It would seem as though the on-site renderings are misleading, as they differ from both DOB drawings, as well as the most recent online depictions of the hotel.

[...]

Completion of 38 West 36th Street is expected in March of 2015, and the 162-room hotel will rise 22 stories.

DOB Files:

38 West 36th Street — zoning diagram, via the DOB


38 West 36th Street zoning diagram, via the DOB

[Hypothalamus]

We'll have to watch this one closely. Block 80 could hold a nice tower.



Two development-primed LIC townhouses are on the market for $8 million and $6 million

By: Joyce Chen
APRIL 28, 2014


Image: OASIS

Two multifamily buildings on the same Court Square block are up for grabs, with asking prices of $8.077 million and $6 million.

The $8.077 million property, located at 23-16 45th Avenue, is a three-story townhouse built in 1911. The building measures 4,150 square feet and comes with a maximum buildable square footage of 26,250, as part of the Court Square Subdistrict and LIC Special District.

The second townhouse, located at 45-05 23rd Street, measures 2,160 square feet and comes with a maximum buildable square footage of 19,500. It has two units.

Both buildings are part of a “unique” assemblage “for the savvy investor who wants to be part of the reformation in LIC,” according to the Corcoran listings. Each property will be delivered vacant. The buildings are not adjacent; they’re situated on tax lots 5 and 10 in the map below:

[chris08876]

This could yield something large.
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Crown, Starwood close on Herald Square Old Navy for $255M

Crown Acquisition Group and Starwood Capital Group officially closed on the purchase of a retail property at 150 West 34th Street for $255 million.

Air rights would allow for the site, between Broadway and Seventh Avenue, to be redeveloped into a 300,000-square-foot hotel and retail tower, as The Real Deal previously reported. The buyers entered contract for the four-story, 80,000-square-foot property last month. The deal closed last week for roughly $850 per buildable square foot, the New York Post reported.

==========================================
April 29, 2014
http://therealdeal.com/blog/2014/04/29/crown-starwood-close-on-herald-square-old-navy-for-255m/

[Hypothalamus]

New York YIMBY:

Permits Filed: 644 East 14th Street
BY: NIKOLAI FEDAK ON APRIL 29TH 2014 AT 6:30 AM


644 East 14th Street -- image via Google Maps

The first DOB filings are up for a new development at 644 East 14th Street, which will be thoroughly mixed-use; the site’s developer is Simon Dushinsky of The Rabsky Group, and the project’s architect of record is Karl Fischer. The New York Observer reported on the lot’s availability last June, when it was marketed by Avison Young; ACRIS reveals the property traded hands in February.

Permits indicate that 644 East 14th Street will total 61,789 square feet, including 8,578 square feet of commercial space on the ground floor. The remainder of the first five stories will host a ‘community facility,’ which will span 18,937 square feet, and apartments will sit above; the structure will stand 15 stories tall, with 34,274 square feet of residential space divided between 50 units. At only 120 feet to its roof, ceilings heights will apparently be crypt-like.

[...]

No completion date for the development has been announced.

644 East 14th Street highlighted at center, flood map by The New York Times

[Hypothalamus]

Extell tower could hinge on rare ruling on church’s style
Landmarks' commissioners to dub rectory on Park Avenue church “Gothic Revival” or “no style”

April 29, 2014 01:50PM
Julie Strickland

Extell Development’s likely plan to replace a Park Avenue church rectory with a condominium tower may hinge on a Landmarks Preservation Commission ruling on the building’s style.

Church members, preservationists and neighbors asked the commission to rule on whether the Park Avenue Christian Church rectory, located at 1010 Park Avenue at East 85th Street Street, should be listed on a city landmark report as “Gothic Revival” or with no specific style. Should the LPC rule the former, the annex would probably be protected from demolition.

If the ruling is “no style,” however, Extell will likely be able to demolish the structure and build a condominium tower in a deal that would pump much-needed funds into the congregation, Paul Selver, a land-use lawyer who represents the church, told the Journal.

“We think it should be determined to be a ‘no-style’ building because what is there today is essentially a 1960s construction that doesn’t have any historic integrity,” Selver told the Journal.

Area preservationists, meanwhile, contend that the structure was intended to be part of the larger church complex, and that much of the original Gothic Revival-style façade remained when the rectory was constructed in the 1960s.

With arguments flooding in from both sides, the commission asked its members to rule on the property’s style — a rare move, according to the Journal. The 11-member landmarks commission, which currently has one vacancy, will be decided by the ten members on Tuesday, the Journal reported.

Landmarks vote on Park Avenue church a victory for Extell
Decision paves the way for developer to construct condo on site of building's rectory

April 29, 2014 05:01PM
By Sasha von Oldershausen


Gary Barnett and 1010 Park Avenue

The Landmarks Preservation Commission has voted in favor of the proposed Park Avenue Historic District, which comprises approximately 68 buildings between 79th Street and 96th Street on Park Avenue.

Also included within the vote was the decision to designate a Park Avenue church rectory a “no style” building, which could potentially hold sizable consequences for the future of the church.Representatives at The Park Avenue Christian Church, located at 1010 Park Avenue at East 85th Street, have been in negotiations with Extell Development, which hopes to build a condominium tower at the site of the church’s parish house.

If the Commission had voted to designate the church’s rectory a “Gothic style” structure rather than voting “no style,” it would have made it extremely difficult for Extell to go forward with plans to build on the site of the parish.

[...]

[Hypothalamus]

The Real Deal:

Macklowe to pay $100M for mixed-use Third Avenue site
SL Green and Emmes slated to sell for $1,118 per buildable square foot

Mark Maurer
April 30, 2014 08:30AM


Harry Macklowe and 985-989 Third Avenue

Developer Harry Macklowe is in contract to purchase a nearly 90,000-buildable-square-foot development site on the southeast corner of East 59th Street and Third Avenue from SL Green and Emmes Asset Management for $100 million.

If the deal closes, the price would equate to $1,118 per square foot. SL Green began looking to sell the three-building site at 985-89 Third Avenue earlier this month, enlisting Bob Knakal and Clint Olsen of Massey Knakal Realty Services to market it, as The Real Deal reported.

SL Green acquired the main site for $18 million in 2012 but later snapped up the air rights required to build a mixed-use retail and residential tower.

[Hypothalamus]

Dock Street Dumbo Project Making Steady Progress
Wednesday, April 30, 2014, by Jeremiah Budin


[Photo via mcbrooklyn]

Developer Two Trees' Dock Street Dumbo project is up to seven stories, which is significant because for the last few years the site has just been a big old hole in the ground. The Brooklyn Bridge-view-obstructing project has been in the works since 2007, and, in the early going, faced opposition in the form of legal battles, protests, celebrity pressure. But it has put all that behind it now and has been making steady progress since construction finally started at the beginning of this year — as mcbrooklyn puts it, the structure "may be close enough to tag from the Brooklyn Bridge," not to give anyone any ideas. Once completed, the building will be 17 stories at its highest point with 290 rental units, 58 of which will be set aside for affordable housing. The project also include a 300-seat public middle school. The apartments are expected to be ready for occupancy in the first quarter of 2015.

[Photo via DUMBO NYC]

[colemonkee]

Was at the 34th Street Water Taxi last night and there was a big two tower residential project well underway. Has a skybridge component connecting the two towers, but I didn't get a picture as I was running to catch the taxi. So much construction going on in this rain-soaked city.

[LosAngelesDreamin]

I LOVE NEW YORK CITY!!!

AWESOME DEVELOPMENTS GOING ON HERE <3

[chris08876]

Originally Posted by colemonkee

Was at the 34th Street Water Taxi last night and there was a big two tower residential project well underway. Has a skybridge component connecting the two towers, but I didn't get a picture as I was running to catch the taxi. So much construction going on in this rain-soaked city.

If you go through any of the development threads, and look at the dates, notice the trend? Almost every day, a high rise is being proposed that is roughly 12/13 stories or higher. Its crazy the amount of development. And.... I'm lovin' it!!!

[Hypothalamus]

New York YIMBY:

Revealed: 1562 Second Avenue
BY: NIKOLAI FEDAK ON MAY 1ST 2014 AT 12:00 PM


1562 Second Avenue -- image from Isaac & Stern

The first renderings are up for a new building that will rise at 1562 Second Avenue, on the corner of 81st Street; the images come from architectural firm Isaac & Stern, which will apparently be designing the project. While permits are currently lacking, following the paper trail for 1538 Second Realty LLC — which owns the assemblage — indicates that Icon Realty Management is the developer; the firm has worked with Isaac & Stern on other buildings, as well.

Despite the lack of permits, information on Isaac & Stern’s website gives additional details for the tower, which will apparently stand fourteen stories tall, and measure 47,000 square feet; 1562 Second Avenue will also include a commercial component, likely on the ground-floor.

Given the building’s specifications, its twelve units will average approximately 3,500 square feet each, which is enormous; each residence will also apparently be full-floor, besides a duplex penthouse. While demand for super-luxury apartments is red-hot, 1562 Second Avenue’s target market is relatively niche, and the lack of new development on the Upper East Side limits significant competition, likely signaling a bright future for the project.

[...]

No completion date for 1562 Second Avenue has been announced.

1562 Second Avenue -- image from Isaac & Stern


1562 Second Avenue -- image from Isaac & Stern

[Crawford]

That building looks very, very nice, but is typical of the NIMBY absurdity in this city.

Why on earth is this building only 14 floors? Even assuming super high floor height, you're talking max 170-180 ft, on a very wide avenue that already has 50-floor towers.

[Hypothalamus]

The Real Deal:

Triangle Equities signs lease for 3-acre Lighthouse Point project
Developer aims to break ground on rentals, hotel and retail in the fall

Mark Maurer
May 01, 2014 08:30AM


Lighthouse Point rendering

Triangle Equities inked a lease with the city Monday for an empty three-acre pier in Staten Island’s St. George neighborhood on which it plans to build a $200 million hotel-and-rentals site known as Lighthouse Point.

The developer aims to break ground in the fall and wrap construction by 2019. The megaproject is set to hold a hotel, 100 rental units, a shared workspace, restaurants and shops. The apartments will be housed in a 12-story structure; 20 of them will be affordable housing.

The city’s Economic Development Corporation has owned the site since 1984, when the Coast Guard relocated. From 1863 to 1966, the U.S. Lighthouse Service Department occupied the land.

[Hypothalamus]

Brownstoner:

Apartment Building With 23 Stories to Rise on Duffield Street in Downtown Brooklyn

by Rebecca
05/01/14 11:30am

New building applications were filed today for a 23-story apartment building at 237 Duffield Street in downtown Brooklyn. Designed by Urban Tectonics, the 223-foot-high tower will have 108 units spread across 85,297 square feet of residential space. The development will also have 4,546 square feet of ground floor commercial space.

The 7,500-square-foot site was originally supposed to become a hotel developed by V3 Hotels, which built the Indigo Hotel down the block at 229 Duffield. The developer purchased the property between Willoughby and Fulton Streets in 2007 for $9,500,000.

[Submariner]

Originally Posted by Hypothalamus

New York YIMBY:

Revealed: 1562 Second Avenue
BY: NIKOLAI FEDAK ON MAY 1ST 2014 AT 12:00 PM


1562 Second Avenue -- image from Isaac & Stern




1562 Second Avenue -- image from Isaac & Stern


1562 Second Avenue -- image from Isaac & Stern

That is one classy looking tower.

[LMich]

Originally Posted by Crawford

That building looks very, very nice, but is typical of the NIMBY absurdity in this city.

Why on earth is this building only 14 floors? Even assuming super high floor height, you're talking max 170-180 ft, on a very wide avenue that already has 50-floor towers.

Because it's only twelve units. It could have been much shorter, even.

[NYC2ATX]

Only in New York do they still build buildings that look like 1562 Second Avenue (151 East 78th also comes to mind).

My humble regards to my hometown.

[Hypothalamus]

Brownstoner:

Jetsons-Like Design Planned for Hotel at 55 Wythe Avenue in North Williamsburg
by Cate 05/02/14 10:00am

The Level Hotel being developed by Zelig Weiss at 55 Wythe Avenue in North Williamsburg will look like a Jetsons style tower above a narrow base with a well lit half block of shops below. The rendering appeared on a website of the Shopping Center Group, whose SCG-Retail is leasing out the commercial space in the as-yet-unbuilt complex.

New building permits were approved earlier this month. The applicant of record is engineer firm Salamon Engineering PLLC; if there is a separate architecture firm responsible for the design and rendering, its identity is a mystery. The rendering looks familiar to us; we’re wondering if it could have surfaced before but without an address. A big thanks to commenter FtGreeneCorey for pointing us to the rendering and the website.

The complex will include a 183-room luxury hotel and the whole thing, including retail and office space, will be 320,000 square feet, as previously reported. The site is located between North 12th and North 13th streets. SCG-Retail is leasing 40,000 square feet of retail, including 20,000 square feet on the ground floor with ceilings 18 to 23 feet high. There will also be a 20,000 square foot rooftop farm that will be open to the public. The whole shebang is supposed to be completed this year, according to the retail listing flyer. We suspect that timetable has changed.

[Crawford]

Originally Posted by LMich

Because it's only twelve units. It could have been much shorter, even.

It realistically could not have been shorter, at least not if the developer plans on making money. No developer builds below maximum FAR in Manhattan, because the land cost is based on the maximum development capacity.

If the developer chose low ceilings, then there would more floors and the same height, but no developer would do that on the Upper East Side, where the highest and best use is huge family sized units with high ceilings.

I'm asking why the zoning only allows for such a low height and scale, when the existing neighborhood already has much taller towers, and the city is spending vast amounts on a new subway line running directly below this building. Avenues like this one are the perfect place for high density.