When it comes to separating a project from the competition there can never be any shortage of creativity. On Monday, November 6th, more than 75 guests gathered at the Waterline Square Sales Gallery to launch the third annual CS Talks, Corcoran Sunshine's eight-day industry event series, with an exclusive event hosted by famed food and hospitality group, The Cipriani Family, and project developer, GID Development Group.
Read MoreVision Development Reveals 428 Wythe Avenue in Williamsburg, Brooklyn
Vision Development has revealed their latest rendering for their new mixed-use project, 428 Wythe Avenue, which is being designed by Asher Hershkowitz Architect. 428 Wythe Avenue will feature 61,000 SF of total development including 37 residential units and 8 retail spaces on the first 2 floors.
Read MoreCheck-Out The New Renderings The Morris Adjmi Architects-Designed 419 Broadway in SoHo
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.
Read MoreAvery Hall Investments Submits Pre-Filing Documents for 680 Baltic Street
Avery Hall Investments has officially submitted pre-filing documents for 680 Baltic Street, their new, SLCE Architects-designed mixed-use, mixed-income development in Park Slope, Brooklyn. The project which will include a large open pedestrian plaza along with expansive outdoor space for the residents.
Read MoreRenderings Revealed for Lu Ning-Designed 32-65 107th Street in Queens
New renderings have been revealed for the new residential project to be located at 32-65 107th Street in East Elmhurst, Queens. The project was first announced in 2015 and is under development by Qin Li of Triple 8 Real Properties.
Read MoreStrategic Capital Secures $215 Million Construction Loan For 537 Greenwich Street
A joint venture between real estate investment firms Strategic Capital, Forum Absolute Capital Partners and Cape Advisors closed today on a $215 million construction loan for their recently announced West Soho development project at 537 Greenwich Street (October 4, 2017).
Read MoreTrendy New Bluarch Architecture-Designed Commercial Project Revealed in Astoria
A trendy new commercial building developed by Fernando Magalhaes and designed by Bluarch Architecture has been revealed at 40-17 28th Avenue in Astoria. The project will rise 3 stories, 49', and will feature 37,443 SF of total development with 7,113 SF of restaurant space and 7,131 SF of community space.
Read MoreNew FXFowle-Designed Office Tower, One Willoughby Square, Coming to Downtown Brooklyn
Permits have been filed for One Willoughby Square, a new office tower designed by FXFowle at 420 Albee Square in Downtown Brooklyn. The project was originally supposed to be the tallest residential tower in Brooklyn but has since gone through a series of alterations to now rise an expected 36 floors and 495', covering 385,460 SF of total development.
Read MoreGet a First Look at The New Hell's Kitchen Condo Designed By Pritzker Prize Winning Architect Álvaro Siza
Pritzker Prize-winning architect Álvaro Siza's first project in the United States is coming to Hell's Kitchen. Located at the intersection of West 56th Street and Eleventh Avenue, the project will rise 35-stories and feature 80 condo units which range from 1 to 4-bedrooms.
Read MoreMore Excitement Continues to Shake-Up Greenpoint Brooklyn as 91 Diamond Street is Revealed
More excitement is continuing to shake-up Greenpoint, Brooklyn as 91 Diamond Street, a new condominium development by Mortar Architecture + Development has been revealed. The building will feature 10 units with an average size around 1,000 SF. The entire development will encapsulate 10,000 SF complete with ground-floor parking. 91 Diamond Street will rise 5 floors and completion is expected in 2019.
Drama Beginning to Stir-Up at the Bedford-Union Armory Redevelopment Project
Drama is beginning to stir-up Bedford-Union Armory redevelopment in crown heights. Eric Adams, the Brooklyn Borough President, has made his views public that the redevelopment should not feature condos as the developers, BFC Partners, works to rezone the land under review of the Uniform Land Use Review Procedure. Crown Heights residents argue that as the proposed project is on city owned land, the entire project should be affordable housing. The proposal by BFC Partners features 2 residential building, one mixed-income rentals and the other condos. 50% of the rentals will be affordable housing as will 20% of the condos. Community amenities will include a community center, pool, gym and sports courts. Adams proposed increasing the number of affordable units as well as high-income targeted units which would help offset the operating cost of the property. He also proposed that 20% of the affordable units be available for the homeless. The City Planning Commission will review this fall (2017).
New Renderings Unveiled of The Luxurious, Rafael Viñoly-Designed 277 Fifth Avenue
New renderings have been unveiled of 277 Fifth Avenue, the Rafael Viñoly Architects designed condo tower under development by Victor Group and Lendlease. The interiors are by acclaimed interior-architect Jeffrey Beers International. The 55-story building will feature 130 condos which range from an 828 SF 1-bedroom unit up to 4,250 SF 4-bedroom unit. There will be 4 condos per floor in the exclusive building and pricing will start around $2 million. Amenities include a full-time doorman, fitness center, men's and women's spas, terrace that overlooks Fifth Avenue, library, game room, entertainment suite, and separate dining room among others. Completion is expected in 2018.
211 Schermerhorn Moving Ahead as Oestreicher Properties and GPB Capital Holdings, LLC. Secure $47.9 Million Construction Loan
211 Schermerhorn, a new ground-up luxury boutique condo building in Brooklyn’s historic Boerum Hill neighborhood, has secured a $47.9 million construction loan. 211 Schermerhorn is being developed by Oestreicher Properties, a fully integrated real estate, development and construction company, and GPB Capital Holdings, LLC, an asset management firm. The loan was funded by CapitalSource, a national middle market lender and a division of Pacific Western Bank, and JLL’s Aaron Niedermayer, Aaron Appel and Brandon Krupetsky coordinated financing.
“We are extremely pleased to have closed on this transaction and have construction for 211 Schermerhorn underway,” says Debbie Tsabari, President of Oestreicher Properties. “The financing package affirms the long-term value of this coveted neighborhood and we look forward to a successful launch of sales and marketing this fall.”
The mixed-use 14-story residential development will feature 48 condominiums and was designed by acclaimed architect Morris Adjmi. Units range from 1 to 3-bedroom homes with custom interiors by Adjmi and top-of-the-line appliances. The building additionally includes 10,000 SF of ground floor retail space. Amenities include a 1,138 SF communal rooftop terrace offering panoramic views of Manhattan and the New York Harbor, a lounge and media room, fitness center, children’s playroom, bike storage and private storage units available for purchase.
$65 Million Penthouse at Related Companies' 70 Vestry Goes Under Contract
The $65 million penthouse at 70 Vestry is now under contract. The announcement comes just months after a $50 million penthouse at 70 Vestry went under contract. The building is being developed by Related Companies and was designed by starchitect Robert A.M. Stern. The unit spans 7,800 SF with another 3,700 SF of outdoor space. The penthouse also features 4 bedrooms, 4 kitchens, a solarium, a library, and a wraparound roof deck. The highest sale in Tribeca is currently held by a $47.8 million closing at 56 Leonard.
70 Vestry is expected to be completed in 2018 and is close to 90% sold. The building features a mere 46 condos with a limestone façade adding an elegant touch to the Tribeca skyline. Stern selected Beaumaniere limestone that comes from a quarry on the banks of the Seine, 150 miles south of Paris where it has been quarried in the French countryside for hundreds of years and delivers the beauty, quality and consistency that was needed at a development of 70 Vestry's stature. Other amenities have an emphasis on privacy and include a private courtyard, porte cochere entry with an automated garage, library, state-of-the-art fitness center and limestone and marble indoor pool. Its location on the West Side Highway offers breathtaking views of the Hudson River
DXA Studio Design Unveiled for Mixed-Use, 115 Broadway in Williamsburg
115 Broadway in Williamsburg appears to be getting a contemporary, mixed-use designed by DXA Studio. The 4-story development will include 5,040 SF of commercial space including ground-floor and second floor retail, office space on the third floor, and community space on the fourth.
Sales Have Launched at Charlie West in Hell's Kitchen, Designed By ODA New York
Sales have launched at the ODA New York designed Charlie West in Hell’s Kitchen. Pricing starts at $700,000 for a studio and ranges up to $4.9 million for a 4 bedroom penthouse with 612 SF of outdoor space. Floorplans at Charlie West range from studio to 3 bedroom layouts and feature open-plan living with floor-to-ceiling glass windows, city views, oak floors and white quartz countertops and backsplashes and Calacutta marble and walnut bathrooms.
Adjacent to Manhattan's west side Amtrack tracks, Charlie West will feature condos with a "quintessential downtown style." The building is being developed by Elad Group and Mi&Co with architecutre by the New York-based ODA and interiors designed by Andres Escobar. Charlie West will be made of two, twin, 16-story towers which feature 123 condominium units. The towers are connected via an interior courtyard. Common spaces and amenities are inspired by boutique hotels with a "Hell's Kitchen" vibe and include resident's lounge with fireplace, "bike box" bike storage, children's playroom, and an indoor swimming pool. Charlie West is located at 505 West 43rd Street. Check-out our coverage of their new rendering release from June 2017.
New Renderings of the Lower Eastside's 86 Delancey Street Unveil Updated Design
New renderings from SWA Architecture have been revealed that show an updated design for 86 Delancey Street, which is being developed by David Escava's Helm Equites. The project will rise 12 stories and feature 23,668 square feet of residential space, spread over 24 residential apartment units. There will also be 5,769 SF of commercial space on the ground levels. The 2 story commercial building that previously stood on the site was demolished in March 2017. Helm Equities is aiming for completion by the end of 2018.
New Renderings Unveiled of Contemporary Mixed-Use Project, Element88, in Williamsburg
Element88 has released new renderings of their 9-story, mixed-use project which is planned at 88 Withers Street in Williamsburg, Brooklyn. The contemporary building will rise 100' and will feature 33 condominium residences along with 5,000 SF of ground-floor retail space. In total the development will bring 39,815 SF of usable space. Element88 is under development by RYBAK Development and BK Developers, who just locked-down an additional $19 million in construction financing. The futuristic building was designed by Zproekt Architecture and is expected to be delivered summer 2018.
New Renderings Released of Charlie West, ODA's 123-Unit Hell's Kitchen Condo Project Designed by Andres Escobar
New renderings have been released of ODA's new Hell's Kitchen condo development, Charlie West. Adjacent to Manhattan's west side Amtrack tracks, Charlie West will feature condos with a "quintessential downtown style." The building is being developed by Elad Group and Mi&Co with architecutre by the New York-based ODA and interiors designed by Andres Escobar. Units at Charlie West will be made of two, 16-story towers which feature 123 condominium units ranging from studio to 3 bedroom layouts and feature open-plan living with floor-to-ceiling glass windows, city views, oak floors and white quartz countertops and backsplashes. The towers are connected via an interior courtyard. Common spaces and amenities are inspired by boutique hotels with a "Hell's Kitchen" vibe and include resident's lounge with fireplace, "bike box" bike storage, children's playroom, and an indoor swimming pool. Sales are expected to launch this summer (summer 2017) and is located at 505 West 43rd Street.
Construction Update: 15 East 30th Street Begins Foundation Work, Releases New Renderings
15 East 30th Street, from J.D. Carlisle and Fosun Group, has completed their excavation and have begun foundation work on their Midtown South high-rise which is being designed by Handel Architects. The project is located in a premier location at 30th Street and Fifth Avenue and will set a new standard for building height in the lower streets of Midtown Manhattan before giving way to 262 Fifth Avenue which will be Midtown South's first supertall. 15 East 30th Street will rise 756 feet over 51 floors. The building will feature 180 residential units with 295,970 SF of residential space and 7,500 SF of ground-floor retail space. Completion is expected in 2019.