World Wide Group and Rose Associates, the developers of 252 East 57th Street, the SOM-designed curved glass tower anchoring the eastern end of Manhattan’s 57th Street luxury residential corridor on Billionaires Row, has announced that the development has won the prestigious Urban Land Institute (ULI) Design Award for Excellence in Mixed-Use Development
New renderings have been released of the Selldorf Architects-designed expansion of Frick Collection. The expansion is expected to cost $160 million and construction will take 2 years to complete after breaking ground, which is not anticipated until 2020.
Time Out, the British-based company that is behind the Time Out series of magazines as well as the Time Out Market Lisbon and Time Out Market Miami, has announced that they will be opening a food hall on the Dumbo waterfront later this year.
Led by the developer-builder team of Related Companies, Vornado Realty LP, and Skanska USA, the conversion of the James A. Farley Post Office in Midtown is undergoing a conversion into the Moynihan Train Hall and will become part of the Penn-Farley transit and retail complex.
Newark Liberty International Airport has announced that they will replace Terminal A with a Grimshaw Architects and STV-designed, LEED Silver Certified Terminal One. Terminal One will feature 33-gates and will be designed to accommodate some 13.6 million annual travelers with over 1 million square feet of space.
The Moxy Hotel is opening a second location less than a year after opening their first NYC location, Moxy Hotel Times Square located at 485 Seventh Avenue, in 2017. The Financial District outpost will featured 298 rooms and will be located at 26 Ann Street, developed by Mark Grodan and Tribeca Associates.
Investment advisor Kepos Capital LP has signed a lease relocating its headquarters to 11 Times Square, a state-of-the-art, LEED-Gold-Certified commercial tower owned by SJP Properties in partnership with PGIM and Norges Bank.
The Landmarks Preservation Commission approved the renovations to transform the historic Henry Fernbach-designed cast-iron building originally built in 1871, into office and retail use complete with a penthouse.
BD Hotels has officially opened Pod Times Square, Pod Hotels new flagship location in Times Square at the intersection of 42nd Street and Ninth Avenue (January 2018). The hotel features 665 micro-hotel rooms in addition to 45 Pod Pads, which are rental apartments available for short and long term leasing.
Permits have been filed for the expansion of the Studio Museum of Harlem. The museum will add a 6-story International Center for Contemporary Artists of African Descent next door to their existing building. The new ultra-modern structure will be designed by Adjaye Associates, led by Sir David Adjaye.
Caspi Development, Mactaggart Family & Partners, and Barone Management have finally broken ground on the long delayed 456 Greenwich Street hotel development in TriBeCa. The hotel will rise 8-stories, 110', and was designed by Stephen B. Jacobs with interiors by Martin Brudnizki.
The Foster + Partners 425 Park Avenue has begun its vertical rise as construction teams have completed restructuring the base floors of the site's original structure. When completed, 425 Park Avenue will rise 41-stories, 893', and is being developed by L&L Holding Company.
Steiner NYC has filed plans to expand its 15-acre Brooklyn Navy Yards Campus with the addition of a new 9-story building at 399 Sands Street. The building, which is being designed by Dattner Architects and will feature 412,030 SF to total development.
Construction has officially topped out on the TWA Hotel At JFK International Airport, one year after groundbreaking on December 15, 2016. The hotel breathes new life into the adjacent iconic, 1962 Eero Saarinen-designed TWA Flight Center, which will become the hotel's lobby and will feature an museum/ exhibition space open to the public.
Tishman Speyer's BIG-designed, 64-story office tower is just about ready to go vertical in Hudson yards. Located at 66 Hudson Boulevard, demotion and excavation work has been completed and the supertall is ready to begin foundation work.
European retail giant Unibail-Rodamco has reportedly agreed to take over Westfield Corp., another retail giant, for $15.7 billion. The move consolidates two of world’s largest mall operators after Westfield's shares fell 9% amid a decline in retail. Westfield Corp. operates the Westfield World Trade Center located in the Oculus at the WTC Transportation Hub
Related Companies has announced that the London-based hospitality firm Rhubarb will take over operations for the public spaces at 30 Hudson Yards. The supertall tower will have a slew of amenities spread over 10,000 SF open to the public including restaurants and retail.
Tan Architects have revealed their new renderings for 147-12 Roosevelt Avenue in Murray Hill, Queens. Permits have already been filed for the 4-story mixed-use building which is being developed by Ling Feng International. The building will feature 12,450 SF of total developed space with 3,290 SF of medical space on the first floor.
There has been an uber-shake-up at Trump Soho, the famous hotel-condo that opened in 2007 as the Trump Group and owner CIM Group have parted ways. The 46-story, 391-unit property was first developed by a partnership between Bayrock Group and Sapir Organization, who entered into a licensing deal with The Trump Group to brand and manage the property.
New York-based design and development firm Flank is looking to the past to build the workplaces of the future. Flank has broken ground on 320 Wythe and 360 Wythe in Williamsburg, Brooklyn, two new boutique office and retail buildings which will be the first timber structures built in New York City in over a century.
Drama is beginning to heat up at the Waldorf Astoria, which Anbang purchased in 2015 for $1.95 billion. Anbang had planned to convert the legendary hotel from 1,413 hotel rooms to both 840 hotel rooms with 409 condominiums overseen by Skidmore, Owings, & Merrill (SOM) with construction led by Aecom Tishman.
The Cove Property Group and the hedge fund Baupost Group have revealed the first renderings for 441 Ninth Avenue in Hudson Yards. The new building will be a renovation of the existing 8-story structure built in 1962 with the addition of a 17-story framed glass upper section.
DNA Development is upping the retail game in Midtown as they have broken ground and are completing foundation work for their new "Jewel Box," a modern-lux retail project adjacent to Rockefeller Center and Fifth Avenue. The stand alone retail project is designed by Ennead Architects and provides a flagship retail opportunity located directly between Rockefeller Center and 5th Avenue
Construction is cruising at SL Green's One Vanderbilt, their new supertall office-tower adjacent to Grand Central Station in Midtown. Construction at One Vanderbilt progressing smoothly as the steel superstructure has gone vertical after breaking ground in October 2016. One Vanderbilt will rise 1,401', 58 floors, and was designed by Kohn Pedersen Fox (KPF).
Hudson Yards' 3 Hudson Boulevard has broken ground today (November 3, 2017) after the planned tower lost its future supertall designation. A recent height reduction brought the future office tower's height to 940' and 53 floors, down from 1,050' and 66 floors.
The landmark Lord & Taylor Building on Fifth Avenue is set to become the new WeWork Headquarters. In a deal valued at $850 million, Lord & Taylor's parent company, Hudson's Bay Company, will sell the iconic building to the 7 year old, co-working office space venture, as pressure on retail continues in the ever changing retail marketplace.
Morris Adjmi Architects has released new renderings of their design for 419 Broadway in SoHo, which is being developed by United American Land, LLC. The proposal is up for review by the Landmarks Preservation Commission.
Highgate, led by Mahmood Khimji, is buying the Gansevoort Park Avenue NYC in NoMaD a deal worth nearly $200 million. The deal equates to around $800,000 per key for the upscale hotel located at 420 Park Avenue South