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.
Read MoreCheck-Out DNA Development's New "Jewel Box" Retail Project Adjacent to Rockefeller Center & Fifth Avenue
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
Read MoreConstruction Update: Diller Scofidio + Renfro-Designed 15 Hudson Yards Begins to Show its Curves as Construction Reaches Upper Floors
15 Hudson Yards has just begun to get its curves and change the Midtown skyline as the Diller Scofidio + Renfro-designed residential skyscraper has reached nearly 3/4 of the way to top-off. 15 Hudson Yards will rise 917', 71-stories, along with a "culture shed," which will serve as the neighborhoods main event space.
Read MoreConstruction Update: Behind-The-Scenes at SL Green's, Grand Central Station Hugging Supertall One Vanderbilt
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).
Read MoreHudson Yard's 3 Hudson Boulevard Loses Supertall Designation in Height Reduction, Breaks Ground
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.
Read MoreCheck-Out the Snøhetta-Designed Proposal To Revamp to 550 Madison Avenue Which Is Already Causing Drama
Since Sony left 550 Madison over a year ago, the Philip Johnson-designed, iconic postmodern office tower has sat mostly vacant. First there was the failed plans by the Chetrit Group to convert the buildings in a condo tower, followed by the $1.4 billion sale of the property to Olayan America in May 2016.
Read MoreDetails Revealed On The Multi-Million Dollar Condos at Vladislav Doronin's Aman New York
Vladislav Doronin's Aman New York has released new info on the planned condominium part of the luxury hotel project in the Crown Building. The condo portion of the development will start on the 11th floor and pricing will start at $5.9 million for a 1-bedroom, 1,149 SF unit.
Read MoreHudson's Bay Company To Sell Landmark Fifth Avenue Lord & Taylor Building To WeWork
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.
Read MoreConstruction Update: L&L Holding Company Tops Out The Kohn Pedersen Fox-Designed 390 Madison Avenue
L&L Holding Company has officially topped off their 32-Story redevelopment Of 390 Madison Avenue in Midtown East. The building has been expanded from 24 floors and 291' to now rise 32 floors and 373'.
Read MoreThe Jean Nouvel-Designed 53W53 Releases New Renderings Including Theirry Despont-Designed Interiors
53W53 has released new renderings of both the Jean Nouvel-designed exterior and Theirry Despont-designed interiors as construction has reached the 58th floor. 53W53 features 145 residences which range in size from 1-to-5 bedrooms, including full floor homes and duplex penthouses with private elevators.
Read MoreSheldon Solow Reveals New Rendering of Hill West-Designed 7 West 57th Condo Tower
Sheldon Solow has revealed the first renderings of his new condominium tower located at 7 West 57th Street, next door to his iconic 9 West 57th Street. 7 West 57th is designed by Hill West Architects and will rise 237', 19-floors, and will feature 16-condominium units.
Read MoreConstruction Update: Check-Out An Exclusive Behind-The-Scenes Look at Construction as 53W53 Reaches the 58th Floor
53W53, formerly known as The MoMA Tower and designed by Pritzker Prize winning architect Jean Nouvel, has released new construction update photography as work on the tower has reached the 58th floor. 53W53 will top-out at 1,050' on the 82nd floor.
Read MoreFeatured Listing: Canadian Fashion Mogul Lawrence Stroll Lists One57 Pad for $70 Million
Lawrence Stroll, the multi-billionaire fashion-mogul behind the Michael Kors IPO in 2011 and father of Formula 1 driver Lance Stroll, has listed his One57 pad for $70 million. Stroll first purchased the 85th floor unit in 2014 for $55.6 million.
Read MoreThe Ritz-Carlton's "Versailles in The Sky" Finally Sells $25 Million
The Ritz-Carlton's ‘Versailles in The Sky’ has finally sold for $25 million, close to a 50% discount off of the original list price of $50 million in 2012. The unit was owned by Financier Howard Marks who will move into his 740 Park Avenue Co-Op which he purchased for $52.5 million in 2012.
Read MoreAmazon Leases Space at 5 Manhattan West as Headquarters For Amazon Advertising
Amazon announced Thursday (September 21) that it has signed a 15-year lease at 5 Manhattan West for their Manhattan headquarters for Amazon Advertising. The lease covers 360,000 SF at Brookfield Property Partners’ 5 Manhattan West and will serve as part of Amazon's commitment to bring 2,000 new jobs to New York City over the next 3 years.
Read MoreRelated Companies Drops Their First Penthouse Listing at 15 Hudson Yards For $32 Million
Related Companies has dropped their first penthouse listing at the currently under construction 15 Hudson Yards. Unit 88B is now available for cool $32 Million and the unit is one of four penthouses that sit at the skyscraper which will rise over 99'. 88B is a duplex that covers 5,161 SF spread over 4 bedrooms, 6.5 bathrooms.
Read MoreFeatured Listing: Hang-Out in Legendary Basketball Coach Phil Jackson's Newly Listed Billionaires' Row Co-Op
Legendary basketball coach Phil Jackson has listed his Billionaires' Row co-op for $4.95 million. He originally purchased the unit, which is located in The Osborne, in 2014 for $4.85 million. The residence is 3 bedrooms and 3 bathrooms spread over 2,600 SF.
Read MoreNeiman Marcus Downsizing Their Future Flagship Store in Related Companies' Hudson Yards
Neiman Marcus has announced that they are going to downsize their future flagship store at Related Companies' Hudson Yards. The retailer had originally planned on building out 250,000 SF as the anchor store for the 1 million SF complex. It now is reported that Neiman Marcus is looking at cutting out between 10,000 and 70,000 SF from their original plan. The retailer has reported 7 consecutive quarters of declining sales and has been struggling with matching online competition and decreased foot traffic in malls. Earlier this year it was reported that Related Companies and Neiman Marcus were discussing Related Companies taking an ownership stake in the retailer, which is owned by Private Equity firms Ares Management and Canada Pension Plan Investment Board. Neiman Marcus also owns Bergdorf Goodman. Hudson Yards is 70% leased and is expected to be completed in 2019.
The SOM-designed 252 East 57th Street On Billionaire's Row Reaches 70% Sold
World Wide Group and Rose Associates announced today that 252 East 57th Street, the SOM-designed ultra-luxury tower anchoring the eastern corridor of Billionaires Row, is now 70% sold. The developers are reporting that the summer saw $73,750,000 in contracts signed at the tower. In August alone, 4 units listed above $10 million were signed at the 65-story condominium. Several of the recent contracts signed at the building were for 4 and 5-bedroom tower residences above the 55th floor. The building’s highly anticipated full-floor penthouse and 4,500 SF duplex on the 59th floor will be released this fall. Remaining residences at 252 East 57th Street range from 1,928 SF to 4,600 SF, and current availability begins at $3.995 million. Stribling Marketing Associates is the exclusive marketing and sales agent for 252 East 57th Street condominiums.
“We’ve experienced a significant amount of activity since welcoming our first residents to 252,” said Jim Stanton, President of World Wide Group. “The building’s continued success is a testament to its outstanding design and development from a team of world-class talent, enhanced by an unrivaled list of luxury amenities and services.”
“The recent success is not a surprise,” said Steven Rutter, Director of Stribling Marketing Associates. “Now that closings have begun and customers are able to visit the finished product, they are able to see that 252 was designed for a sophisticated audience that expects nothing less than the finest quality. We are delighted with the response from purchasers that recognize the great level of care and attention to detail that went into every aspect of the building.”
252 East 57th Street features interiors and amenities by AD100 designer Daniel Romualdez. The tower recently unveiled its exclusive 34th Floor Club and ameities designed and outfitted by Romualdez. The full-floor private amenity space is grandly scaled and features a beautifully decorated resident lounge, curated library, fitness center, dining room with catering kitchen, a breakfast and meeting room, billiards room, screening room, two fully furnished guest suites, as well as a sprawling 70' south-facing sky terrace. One of 252’s defining features is the 3,000 SF, private and gated interior porte-cochère. Now complete, condominium residents arriving by car can access the building on 56th Street through the highly secure motor entrance into a walnut paneled lobby, while their vehicles are transported into the largest residents-only automated parking garage in New York City. 252 also offers a luxurious pool and spa experience with a 75' swimming pool and custom hydrotherapy circuit spa featuring a sauna, steam room, treatment and ice rooms. Additional premier building amenities include a children’s playroom, dog grooming and playroom, as well as bespoke concierge services provided by Luxury Attaché.
Featured Listing: Take an Exclusive Tour of the Fifth Avenue Penthouse in Olympic Tower Asking $16,995,000
A stunningly designed Fifth Avenue penthouse at the luxurious Olympic Tower is currently listed for $16,995,000. The building was designed by Skidmore, Owens and Merrill and was financed by Aristotle Onassis. Located on the 50th and 51st floors, the residence's floor plan features 4 bedrooms and 4.5 bathrooms spread over 4,187 SF. The unit also offers stunning views of Central Park via floor-to-ceiling glass oversized windows, a private elevator, Crestron home automation system, 11' 9" ceilings, a meticulously designed dining room, butler's pantry, a library with a wood burning fireplace, staff quarters, and a lavish master-suite with an en-suite spa style master bathroom with a sauna and massage table. Olympic Tower's five-star amenities and services include 24-hour doorman, concierge, elevators, valet service, gym, and bike room. 641 Fifth Avenue PH1 is currently listed for $16,995,000 with Dina Scheinman of Halstead.