In the face of mounting local opposition Amazon has pulled out of its deal to bring their second headquarters to New York City. After months of sifting through pitches from cities vying to welcome Amazon’s HQ2 to their city, Amazon chose to open in two locations, being New York City’s Long Island City and Washington D.C.
Continuum Company and Lincoln Equities have revealed their new mega-project which is set to come to Brooklyn’s Crown Heights neighborhood at 960 Franklin Avenue. The proposal, which as been submitted to New York City’s Department of City Planning, includes over 1.4 million SF of total development which includes 2 mixed-use buildings to be built in two phases.
Douglas Elliman, the third largest residential real estate company nationwide, has announced that Jordan Shea, an integral member of the top-producing Eklund|Gomes Team, has been selected by developer DRK to lead the exclusive sales and marketing of 253 East 7th Street.
A luxurious co-op duplex in the River House co-op with interiors by Michel S. Smith has listed for $22.5 million. The co-op is owned by Lady Lynn Forester de Rothschild, the wife of British banking scion Sir Evelyn de Rothschild. River House is also home to Uma Thurman and Henry Kissinger.
Level One Holdings has revealed 10 Lenox, their new collection of 29 designer residences in Harlem. The project is designed by Issac & Stern Architects with interiors by Fogarty Finger Architects and will introduce an elevated design aesthetic to the surrounding neighborhood.
Morris Adjmi Architects has revealed a new rendering of their proposed mixed-use design for 32 West 8th Street in Manhattan’s Greenwich Village. The proposal will go before New York City’s Landmarks Preservation Commission for approval to demolish the existing one-story commercial structure on the site.
25 Park Row, the 50-story luxury condo under construction on the former J&R Music & Computer World Site, has officially launched sales and revealed a selection of new renderings. Pricing will start at an estimated $1,657,000 for a one bedroom residence with Corcoran Sunshine Marketing Group as the exclusive sales and marketing agent for the project.
Arbor 18, Adam America and CGI Strategies’ new ground-up development in Greenwood Heights, Brooklyn, has officially launched sales with studios, one, two and three- bedroom residences priced from $530,000 to $1.9 million. Halstead Property Development Marketing’s The Aguayo Team is the exclusive marketing and sales team.
Hedge fund billionaire Ken Griffin, founder and CEO of Citadel, has closed on his penthouse at 220 Central Park South for $238 million. The deal represents the most expensive home ever sold in the United States and follows just days after his purchase of 3 Carlton Gardens in London for $122 million.
RFR and Foster + Partners have completed One Hundred East Fifty Third Street, the new modern landmark that now graces the Midtown Manhattan skyline, and the tower’s first residents are now closing on their residences and moving in.
PYE Properties has revealed their plans to restore and expand the historic Coney Island Shore Theater at 1301 Surf Avenue in Brooklyn. The theater was originally completed in 1925 has been vacant since 1973. PYE Properties plans to expand and convert the existing structure into a 7-story boutique hotel designed by Gerner Kronick + Valcarcel Architects.
One of the most highly-anticipated Dumbo developments has been revealed as Front And York at 85 Jay Street. Front And York is being developed by CIM Group with LIVWRK and is designed by Morris Adjmi Architects.
Solow Building Company has announced the official launch of leasing at 685 First Avenue, the company’s highly-anticipated luxury residential tower in Midtown East. Rising 43 stories tall and situated along the East River, the captivating black glass building is introducing a collection of 408 exquisitely appointed rental apartments featuring breathtaking river views and located in the heart of Midtown East.
Leading real estate development companies F&T Group and SCG America have announced that American cinematic powerhouse Regal, operator of the second-largest theatre circuit in the United States, has signed a lease to occupy its 34,000 SF multiplex within Tangram, the new 1.2 million-square-foot, mixed-use development in Flushing, Queens.
Extell Development Company, a full-service real estate developer of residential, commercial and hospitality properties, has announced that Sush Torgalkar has been named as the company’s President and CEO. Gary Barnett, owner and founder of Extell, will continue to serve as Charmain and work closely with Torgalkar.
The penthouse at the late Pritzker Prize-winning architect Zaha Hadid’s High Line-hugging 520 West 28th Street has been revealed as a mega-duplex asking $58.5 million. The residence, which is comprised of two combined units, spans over 11,000 SF spread over 7 bedrooms and 8+ bathrooms with over 4,000 SF of outdoor space.
Waterline Square, the five-acre mega-development on NYC's Upper West Side, has revealed its newest amenity, New York City’s first indoor skate park in a residential development. The indoor, multi-level half-pipe skate park is the first-ever conceived amenity of its kind of any NYC residential project and will be located within The Waterline Club.
Strategic Capital, Cape Advisors, and Forum Absolute Capital Partners have announced that West Soho’s newest residential tower, Greenwich West, has risen to its full 30-story height. The building broke ground in July 2018 and launched sales of its 170 residences this fall, with closings slated to begin in early 2020.
The Chrysler Building is now for sale as the owners, the Abu Dhabi Government Fund and Tishman Speyer, have hired CBRE to market the building. The Abu Dhabi Government Fund acquired 90% of the building in 2008 and Tishman Speyer has spent over $100 million on improvements since they acquired the tower in 1997.
Kimco Realty Corporation has revealed their new proposal to bring an S9 Architecture and Aufgang Architects-designed mixed-use development known as The Kissena Center to Flushing, Queens. The project, located at 46-15 Kissena Boulevard, will rise 8-stories and will feature residential rental apartments, community facilities, commercial retail space and parking.
Delancey Street Associates (DSA), a joint venture of L+M Development Partners, BFC Partners, Taconic Investment Partners, the Prusik Group and the Goldman Sachs Urban Investment Group, have officially launched leasing for 98 units at The Essex. More than a quarter of the residences have already pre-leased due to high demand, and move-ins began in December.
Robert A.M. Stern Architects has released new renderings of the new 42-story tower which is planned to rise in Morningside Heights at the Union Theological Seminary campus at 100 Claremont Avenue. The property is located between West 120th Street and West 122nd Street.
EVE NYC, a new residential rental project in Manhattan’s East Village, has revealed new renderings as the project gears up to complete construction and launch leasing by the end of January 2018. EVE NYC is designed by SLCE Architects and is being developed by Mack Real Estate Group, Benenson Capital Partners, and Urban Development Partners.
Construction on the Hilton Grand Vacation Hotel in Midtown East is powering towards completion as construction teams have begun the installation of the Handel Architects-designed metal facade. When complete the hotel tower, which is being developed by Hidrock Realty, will rise 31-stories.
The MetLife Building, located at 200 Park Avenue, will be getting a revamp of the lobby designed by MdeAs Architects. The building, which was purchased by Tishman Speyer and the Irvine Company in 2005, features a grand lobby connecting 45th Street to Grand Central Terminal and spans 50,000 SF spread over 2 floors.
New renderings have been revealed for Hudson Yards Autograph Hotel by Marriott which will be located at 432 West 31st Street. The hotel tower is being developed by Arisa Realty and is being designed by Danny Forster Design Studio (DF&A).
Extell has revealed a new model residence, complete with a terrace, at their West SoHo Hudson Square luxury residential development. Unit 14C is a three-bedroom, three-bath residence spanning 2,012 SF in addition to a large terrace that measures in at 510 SF.
Following Amazon’s announcement of opening their HQ2 in New York’s Long Island City neighborhood, Google has announced a $1 billion investment initiative to expand their Manhattan campus into Google Hudson Square as well as expand their workforce by 7,000.
Following a successful grand opening in 2017, Harrison Urby has announced the completion and launch of Phase 2, bringing 270 new apartments to transformative residential concept in Harrison, NJ. The Urby concept blends residential living with forward-thinking social spaces for residents.
425 Park Avenue, designed by Norman Foster’s Foster + Partners, has officially topped out in Midtown East at 897’. The tower rises 41-stories and is being developed by L&L Holding Company, LLC. with Adamson Associates as the architect of record.