State agency The Port Authority and Lower Manhattan Development Group have agreed to issue a joint RFP and divide proceeds generated from the development of 5 World Trade Center. A lengthy dispute between the parties had prevented any progress on the final remaining site within the World Trade Center complex, though it still remains unclear what future property will rise from the parcel, which could yield a tower spanning over one million square feet.
City officials recently celebrated the commencement of construction at Caton Flats, a mixed-use development in Flatbush, Brooklyn, that will eventually introduce 255 units of affordable housing.
New York-based Gene Kaufman’s design studio is responsible for more than 50 hotels and dozens of commercial properties across New York City. Together with Onboard Hospitality, LLC, Kaufman’s latest project is currently under construction at 36 West 38th Street in Midtown, Manhattan, and will debut as Jade Hotel.
The Kaufman Organization has partnered with renowned street artist Tristan Eaton to complete a 100-foot-tall mural in the heart of NoMad, Manhattan. The artwork is positioned on the south-facing wall of 236 Fifth Avenue and depicts Evelyn Nesbit, a 20th century fashion icon, actress, and chorus girl who graced the magazine covers of Vanity Fair, Cosmopolitan, and Harper’s Bazaar magazines, among others.
This week, COOKFOX Architects appeared before the New York City Landmarks Preservation Commission with proposals to alter previously approved designs for the new Giorgio Armani flagship boutique and residences. Located at 760 Madison Avenue on the corner of East 65th Street, the new development will rise 12 stories. The Armani boutique will occupy the lower levels of the structure with 19 residences positioned above. Alterations pertain exclusively to the exterior massing and materials of the building’s façade and were reportedly inspired by existing historic properties in the surrounding Upper East Side neighborhood.