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Leasing Now Underway At LeFrak's Revetment House in Jersey City

Leasing Now Underway At LeFrak's Revetment House in Jersey City

October 11, 2018

The LeFrak Organization has announced the official launch of leasing at Revetment House, a new luxury rental development in Jersey City’s Hamilton Park neighborhood. The project brings 163 new rental residences and an extensive amenity package while paying homage to the historic Hamilton Park neighborhood with an industrial-chic aesthetic.

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In Construction Update, New Jersey, News, New Construction, Construction, Rentals, Jersey City, Construction News, Commercial, Sales Update Tags Construction Update, Commercial, LeFrak, Rentals, News, Revetment House, New Jersey, Hamilton Park, Construction News, New Construction, Construction, Jersey City, Sales Update, Launch of Leasing
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Penthouse at Quay Tower Shatters Brooklyn's Priciest Sale In History At Over $20 Million

Penthouse at Quay Tower Shatters Brooklyn's Priciest Sale In History At Over $20 Million

October 10, 2018

The penthouse at Quay Tower, new high-design condominium on the Brooklyn Heights waterfront, has just gone into contract for over $20 million, shattering the previous record of $16.645 million for Matt Damon’s Brooklyn Heights condo at the Standish.

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In Brooklyn, Brooklyn Heights, Luxury Real Estate, New Construction, News, Sales Update Tags Quay Tower, Brooklyn, News, Sales Update, New Construction, Brooklyn Heights, Record Sale, Marmol Radziner, Eran Chen, Andrew Anderson, Douglas Elliman, Douglas Elliman Development Marketing, Featured
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Check Out Asbury Ocean Club Which Is Brining Luxury Condo Living To The Jersey Shore

Check Out Asbury Ocean Club Which Is Brining Luxury Condo Living To The Jersey Shore

October 9, 2018

iStar has revealed Asbury Ocean Club as the luxury condo offering as part of their $300 million transformation of Asbury Park, New Jersey. Asbury Ocean Club will be the highest-end offering as part of the mega-project and will rise 17-stories featuring 130 condos along with a 54-room hotel.

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In Commercial, Jersey Shore, New Construction, New Jersey, News, Hotels Tags Asbury Ocean Club, Asbury Park, New Jersey, Jersey Shore, News, New Construction, iStar, Handel Architects, Anda Andrei Design, Commercial, Hotels, Hotel, Featured
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Vornado Realty Trust Reveals Richard Rogers-Redesigned 260 Eleventh Avenue

Vornado Realty Trust Reveals Richard Rogers-Redesigned 260 Eleventh Avenue

October 8, 2018

Vornado Realty Trust has revealed their plans to redevelop 260 Eleventh Avenue, a commercial project redesigned by British architect Richard Rogers. The building was originally built in 1911 and currently stands 235,000 SF, though it will be expanded during the renovation.

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In Commercial, Chelsea, Design, Design Updates, Manhattan, News, New Construction, Office Space, Historical Tags Vornado, Vornado Realty Trust, 260 Eleventh Avenue, Otis Elevator Company, Chelsea, West Chelsea, LPC, Landmarks Preservation Commission, Richard Rogers, Commercial, New Construction, Office Space, Manhattan, Historical, Featured, Design, Design Updates
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The Amberly In Downtown Brooklyn Reveals BHDM-Designed Model Residence & Launches Sales

The Amberly In Downtown Brooklyn Reveals BHDM-Designed Model Residence & Launches Sales

October 6, 2018

The Amberly has officially announced the start of leasing of its luxury rentals and unveiled its first model residences designed by top firm BHDM. The Amberly is located at 120 Nassau Street at the nexus of Brooklyn Heights, DUMBO and Downtown Brooklyn and will offer 270 homes ranging from studios to three-bedroom residences, with select units offering private outdoor space.

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In Brooklyn, Brooklyn Heights, News, New Construction, Rentals, Sales Update Tags The Amberly, News, Sales Update, BHDM, Rentals, Brooklyn, Woods Bagot, Brooklyn Heights, Dumbo, Downtown Brooklyn, 120 Nassau Street
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Extell Development Reveals 1010 Park Avenue With Launch Of Sales On Upper East Side

Extell Development Reveals 1010 Park Avenue With Launch Of Sales On Upper East Side

October 5, 2018

Extell Development Company announced today the debut of 1010 Park Avenue, its exclusive Upper East Side boutique condominium development. Located on Manhattan’s prestigious Park Avenue between 84th and 85th Streets, the building offers 11 expansive, full-floor and duplex residences and a suite of luxurious amenities.

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In Construction, Construction News, Construction Update, Luxury Real Estate, Manhattan, New Construction, News, Upper East Side, Sales Update Tags Extell Development, Extell Development Company, Extell Marketing Group, Extell, 1010 Park Avenue, Upper East Side, Beyer Blinder Belle, Gary Barnett, News, Sales Update, Construction Update, Construction News, Construction, Ingrao Inc., Tony Ingrao, Pembrooke & Ives., David Collins Studio, Smallbone of Devizes, Corcoran Sunshine Marketing Group, Corcoran, Beth Benalloul, Hilary Landis, New Construction, Manhattan, Luxury Real Estate, Luxury Condo, Park Avenue
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Tamarkin Co. Launches Sales At 555 West End Avenue As The Landmarked School Is Converted To Condos

Tamarkin Co. Launches Sales At 555 West End Avenue As The Landmarked School Is Converted To Condos

October 3, 2018

Tamarkin Co., in partnership with CL Investment Group, has officially launched sales at 555 West End Avenue, on the Upper West Side. 555 West End Avenue is converted from a landmarked private school with a striking, brick and limestone façade, featuring 13 one-of-a-kind contemporary residences.

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In Luxury Real Estate, Manhattan, News, Upper West Side, Sales Update Tags Upper West Side, 555 West End Avenue, Tamarkin Co., CL Investment Group, William A. Boring, Stribling Marketing Associates, Stribling & Associates, Sotheby's International Realty, Cathy Taub, Manhattan, News, Sales Update, Cary Tamarkin, Alexa Lambert, Luxury Real Estate, Historical, Historic, Featured
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Port Authority Approves Additions To $10 Billion JFK International Airport Revamp

The Port Authority Approves Additions To $10 Billion JFK International Airport Revamp

October 2, 2018

The Port Authority has approved $335 million of additions to the $10 billion JFK International Airport revamp. The changes include a rehabbing one of the busiest runways, Runway 13L and 13R, as well as adding a new taxiway for planes to help alleviate runway congestion.

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In Commercial, Construction News, Construction, Construction Update, News, Public Transportation, Transportation, Travel, Queens, Long Island Tags Transportation, Public Transportation, John F. Kennedy International Airport, JFK International Airport, News, Construction, Construction Update, Construction News, Airports, Queens, Long Island, Port Authority of New York and New Jersey, The Port Authority, Commercial
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Extell Development Company Launches Leasing At Barnegat 67 In Barnegat, NJ

Extell Development Company Launches Leasing At Barnegat 67 In Barnegat, NJ

October 1, 2018

The New York-based Extell Development Company has announced that residential leasing has commenced at Barnegat 67, its new residential and retail complex in historic Barnegat, New Jersey after the developer hosted a ribbon cutting ceremony on September 20th.

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In Commercial, Jersey Shore, New Construction, New Jersey, News, Rentals, Senior Housing Tags Extell Development, Extell, Extell Development Company, Barnegat, Barnegat 67, Barnegat Light, New Jersey, Jersey Shore, Moshe Botnick, Senior Housing, Rentals, News, Sales Update, Commercial, New Construction
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Check Out This Time-Lapse of Waterline Square Rising On The Hudson River

Check Out This Time-Lapse of Waterline Square Rising On The Hudson River

September 29, 2018

Waterline Square, the multibillion-dollar mega-development by GID Development Group on the Upper West Side, has released a construction time-lapse showing the mega-project powering towards completion.

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In Construction, Construction News, Construction Update, Manhattan, Midtown, New Construction, News, Upper West Side Tags Waterline Square, News, Construction Timelapse, Construction, Construction News, Construction Update, Upper West Side, Midtown West, Midtown, GID Development Group, AECOM Tishman, Richard Meier, Rafael Viñoly, Kohn Pedersen Fox, KPF, One Waterline Square, Two Waterline Square, Three Waterline Square, Mathews Nielsen Landscape Architects, Manhattan, Featured
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Renderings for the site.

Renderings for the site.

New York City’s Plans to Build Four New Jails Met with Protests

September 21, 2018

As part of the movement to reform its criminal justice system, New York City wants to open four, borough-based jails to achieve its long term goal of closing the notoriously violent and dysfunctional Rikers Island.

Residents of Lower Manhattan convened last week at a town hall style meeting, where city officials attempted to justify the proposal, often without being able to finish a sentence. They touted the new plan, arguing that it would bring inmates closer to their families and the courthouses, improving their chances of successful re-entry after release. Other services such as mental health programs, education, and rehab facilities would also be more accessible.

Chinatown residents jeered at city officials.

Chinatown residents jeered at city officials.

One of the proposed 40-story jails would replace a current government building at 80 Centre Street in Chinatown and would include a ground floor of retail space. The city’s goal is to reduce the current number of incarcerated persons from 9,000 to 5,000.

"They should reform the jail system. Not move it down to our community,” said Mary Wu, a resident of Chinatown. "If they want to be close to their relatives to visit, move it to their community.” She thinks the area would benefit from senior and affordable housing instead of a jail.

Although the intention to close the 86-year-old prison complex is good, expanding the criminal justice footprint by opening other prisons doesn’t seem to address the problems that Rikers had: correctional misconduct, bail, and bad policing. Aside from better lighting and slightly smaller size, the city has failed to address how the prisons will be safer for both inmates and correctional officers.

Brandon Holmes, coordinator of advocacy group Close Rikers Campaign, points out that “the city would also need to undertake a dramatic overhaul of its criminal justice system, enacting radical changes such as ending bail bonds, cutting back on detention for low level offenses, and reevaluating pretrial detention as a whole,” in order to hit the target goal and to avoid overcrowding when and if Rikers is closed.

Article by: Katya Demina

In Education, Chinatown, Zoning & Planning, News, Lower East Side Tags Rikers Island, 80 Centre Street, Chinatown, Brandon Holmes, Close Rikers Campaign, new jails NYC
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Photo credit: Hollwich Kushner.

Photo credit: Hollwich Kushner.

KRE Group Celebrates Grand Opening of 485 Marin in Jersey City

September 19, 2018

KRE Group announced the grand opening of 485 Marin Boulevard, the newest and largest 18-story rental building in Jersey City’s idyllic Hamilton Park neighborhood. Situated at the front door to Hamilton Park, a residential destination known for its tree-lined streets and rows of Victorian brownstones, the new building brings 397 apartments to the area, which are 70% leased.

485 Marin is KRE Group’s latest collaboration with the architectural firm Hollwich Kushner and interior designer Christopher Stevens. Marchetto Higgins Stieve Architects is the architect of record. KRE Group also debuted a new public park located directly behind 485 Marin, providing abundant green space for residents and their neighbors to enjoy. Designed by Melillo & Bauer Associates and named Marin Green, the park spans more than an acre and includes a grassy lawn, café-style seating and a children’s play area, along with a dog park.

To celebrate the grand opening of 485 Marin, a ceremonial ribbon cutting was held September 13, 2018, which was attended by Jersey City Mayor Steven Fulop. “This is a unique rental development that will be home to Jersey City’s newest public park, Marin Green,” said Mayor Fulop. “We continue to strive to meet the needs of Jersey City’s neighborhoods by working with developers to offer various options for new and current residents as we look to improve communities with new amenities such as parks, retail space and affordable housing.”

Photo credit: Monica Schipper

Photo credit: Monica Schipper

Apartments start on the fifth floor and range from spacious studios to three-bedroom residences, with many offering private terraces. Interior designer Christopher Stevens, who has styled private homes across the East Coast, crafted the interiors of the residences, which feature open floor plans, rustic oak-style wood flooring, and large picture windows that overlook the surrounding neighborhood.

Kitchens are outfitted with white quartz stone countertops, high-gloss grey cabinets, Grohe fixtures and a complete package of Whirlpool appliances. Bathrooms feature quartz countertops, brushed-nickel Kohler fixtures and tiled floors. Additionally, all residences include laundry closets with Whirlpool washer/dryer sets.

To further enhance the residential experience, 485 Marin offers an outstanding amenity and service package. In addition to a state-of-the-art fitness center, private dining room, screening room, and attended lobby, the building features a 5th-floor lounge that opens onto an amenity deck with a swimming pool, sunbathing areas, grilling stations and outdoor showers.

Additionally, 485 Marin is the first and only building in Hamilton Park to offer its residents access to the app-based service Hello Alfred, a platform that combines sophisticated software with highly trained “Alfred” Home Managers to handle an extensive suite of services, including digital move-in coordination, errand assistance, in-home package delivery and more. KRE Group is the exclusive provider of Hello Alfred in Jersey City.

The Marketing Directors is the exclusive leasing and marketing agent for 485 Marin. Pricing for available residences begins at $2,435 for a studio (net effective rent based on one month free with a 13-month lease).

Photo credit: Hollwich Kushner.

Photo credit: Hollwich Kushner.

Photo credit: Hollwich Kushner.

Photo credit: Hollwich Kushner.

Photo credit: QuallsBenson.

Photo credit: QuallsBenson.

Article by: Katya Demina

In Jersey City, New Jersey, News, Public Parks, Rentals, Technology Tags KRE Group, 485 Marin, 485 Marin Boulevard, Hamilton Park, Hollwich Kushner, Christopher Stevens, Marchetto Higgins Stieve, Melillo & Bauer, Marin Green, Steven Fulop, Jersey City Mayor, Jersey City, Hello Alfred, The Marketing Directors
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HFZ Capital Officially Launches Sales At The Bjarke Ingels-Designed XI

HFZ Capital Officially Launches Sales At The Bjarke Ingels-Designed XI

September 18, 2018

The XI, HFZ Capital Group's full-block, mixed-use development between the High Line and the Hudson River in West Chelsea designed by Bjarke Ingels, has officially launched sales with pricing starting at $2.85 million. The developers have also launched a website at www.thexi.com.

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In Chelsea, Interiors, Manhattan, New Construction, News, Sales Update Tags Gilles & Boissier, Gabellini Sheppard Associates, Bjarke Ingels, Bjarke Ingels Group, News, Construction Update, HFZ Capital Group, HFZ Capital, Chelsea, Manhattan, New Construction, Interiors, Featured, Kaldewei, Gagganeau, Miele, Bulthaup, Six Senses Hotel & Spa, XI, The Eleventh, Arabescato Vagli Oro, James Corner Field Operations, Diller Scofidio + Renfro, Sales Update
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The SHoP-Designed Billionaires' Row Condo 111 West 57th Street Launches Sales

The SHoP-Designed Billionaires' Row Condo 111 West 57th Street Launches Sales

September 17, 2018

111 West 57th Street, JDS, Property Markets Group (PMG) and Spruce Capital's skinny SHoP Architects-designed supertall which is now rising on Billionaires' Row, has officially launched sales. Sales and marketing are being exclusively overseen by Douglas Elliman Development Marketing.

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In Manhattan, Brokerage, Midtown, News, New Construction, Sales Update, Legal Tags JDS Construction Group, JDS Development, PMG, Property Markets Group, Corcoran Sunshine Marketing Group, Corcoran, Legal, News, Billionaires' Row, Midtown, 111 West 57th Street, Manhattan, Sales Update, Brokerage, New Construction, AmBase, Supertall, SHoP Architects, Spruce Capital, Douglas Elliman Development Marketing
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IMG_0791.JPG

Henri Bendel To Close It’s Doors After 123 Years Following Holiday Season

September 16, 2018

L Brands, the parent company which owns retail icon Henri Bendel, has announced that they will be closing all 23 locations after 123 years. The closings will take place following the 2019 holiday shopping season, giving nostalgic shoppers a last chance to make their purchases from the iconic retailer. The Henri Bendel closing will leave the 86,000 SF 712 Fifth Avenue, which is owned by the Paramount Group, vacant. The lease carries $6.5 million in annual rent commitments and runs through February 28, 2021. L Brands has decided to focus on their larger holdings which include Victoria’s Secret and Bath & Body Works. They initially purchased the retailer in 1985 before expanding to 11 states.

In Retail, Manhattan, News, Commercial Tags Henri Bendel, Fifth Avenue, L Brands, Paramount Group, News, Manhattan, Commercial, Retail
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308 N 7th Street Launches Sales In Williamsburg

308 N 7th Street Launches Sales In Williamsburg Featuring Paris Forino-Designed Interiors

September 12, 2018

308 N 7th Street, a new luxury condominium in the heart of Williamsburg, has officially launched sales. The boutique condominium is inspired by historic Williamsburg and offers residents a 15-year 421-A tax abatement.

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In Brooklyn, News, Sales Update, New Construction Tags 308 N 7th, Williamsburg, brooklyn, Brooklyn, News, Sales Update, New Construction
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Slate Property Group Reveals Hill West Architects-Designed Tower At 570 Fulton Street In Downtown Brooklyn

Slate Property Group Reveals Hill West Architects-Designed Tower At 570 Fulton Street In Downtown Brooklyn

September 10, 2018

Slate Property Group has revealed a Hill West Architects-designed 40-story tower at 570 Fulton Street in Downtown Brooklyn. Slate Property Group has proposed to amend zoning and is currently awaiting approvals.

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In Brooklyn, New Construction, News, Zoning & Planning Tags Commercial, News, Zoning, Pre-Construction, New Construction, Hill West Architects, Slate Property Group, 570 Fulton Street, Brooklyn, brooklyn, Downtown Brooklyn, Office Space
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CetraRuddy Architecture-Designed 20 Broad Street Launches Leasing In FiDi

CetraRuddy Architecture-Designed 20 Broad Street Launches Leasing In FiDi

September 6, 2018

20 Broad Street, which was developed by Metro Loft Development, has launched leasing in Manhattan's Financial District. The unique project was designed by CetraRuddy Architecture and included converting as well as expanding the former New York Stock Exchange Headquarters.

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In Commercial, Manhattan, Financial District, News, Sales Update, Rentals Tags CetraRuddy, 20 Broad Street, Financial District, FiDi, CetraRuddy Architecture, Bold New York, BOLD, Metro Loft, Metro Loft Development, News, Sales Update, Manhattan, Commercial, Rentals, Apartment Rentals
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445 Launches Residential Leasing In Hudson Yards

445 Launches Residential Leasing In Hudson Yards

September 5, 2018

445, a new residential rental building located at 445 W 35th Street, at the intersection of New York City’s Hudson Yards and Chelsea neighborhoods, has officially launched leasing of residential units.

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In Rentals, News, New Construction, Manhattan, Midtown, Hudson Yards, Chelsea Tags 445, The Lewis, YYY West 36th Street, Joy Construction, MADDD Equities, Yael Weiss Interiors, INC Architecture & Design, INC, Douglas Elliman Development Marketing, Douglas Elliman, Eli S. Weiss, JR Sena, News, Rentals, Chelsea, Midtown West, Midtown, Hudson Yards, Apartment Rentals, Manhattan, Featured, New Construction
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Marriott International Announces Rafael Viñoly-Designed Ritz Carlton At 1185 Broadway To Break Ground

Marriott International Announces Rafael Viñoly-Designed Ritz Carlton At 1185 Broadway To Break Ground

September 4, 2018

Marriott International has announced that the Rafael Viñoly-Designed Ritz-Carlton will break ground at 1185 Broadway in NoMaD. Permits were filed in 2016 with a proposed total development of 164,400 SF.

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In Commercial, Construction, Construction News, Construction Update, Flatiron, Finance & Banking, Hotels, Manhattan, New Construction, News, NoMaD Tags Marriott International, The Ritz-Carlton, Ritz-Carlton, NoMaD, Flatiron, Manhattan, News, Construction Update, Construction News, Construction, Yabu Pushelberg, 1185 Broadway, Flag Luxury Group, Atalaya Capital, Paul Kanavos, Commercial, Hotels, Hotel, Financing, Finance, New Construction
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