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
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.
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.
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.
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
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.
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
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.
International Center of Photography will relocate to Essex Crossing's 242 Broome Street in 2019. The museum is under contract to purchase two commercial condo units and consolidate the ICP Museum and the ICP School into a single, two building, 40,000 SF space.