In May of 2015, YIMBY revealed renderings of the first building to be constructed at Hallets Point, the seven-building, 2,404-unit mega-development planned in western Astoria. Later that summer, we reported on the building’s applications, which call for a 22-story, 224-unit residential building with a 25,350 square-foot supermarket at 26-01 1st Street. Now, the Durst Organization is planning, on Thursday, to hold a groundbreaking ceremony for the building, according to DNAinfo. The Dattner Architects-designed structure will encompass 520,913 square feet in total, 368,745 square feet of which will be residential space. Completion of 26-01 1st Street is expected in 2017.
As the city prepares to rezone a big swath of East New York, officials haven’t paid much attention to Brownsville, the smaller and poorer neighborhood next door. Despite Brownsville’s rough reputation, developers have started buying up property in the area.
Early last month, the first rendering surfaced of Chetrit Group’s planned hotel-condo conversion of the 37-story, 855,000 square-foot office building at 550 Madison Avenue, between East 55th and 56th Streets in Midtown. Sony Tower’s 14th through 20th floors will be converted into a 170-key and will be operated by Oetker Collection Masterpiece Hotels. The 21st through 43rd floors will be converted into 113 condominiums, but Real Estate Weekly now has details on the three stories of redesigned retail at the bottom of the building. The retail space, formerly occupied by Sony, will measure 25,451 square feet in total and will be split into four separate leases. Robert A.M. Stern is designing, and completion of the conversion is expected in early 2018.
Back in November, YIMBY posted the first renderings for 76 Eleventh Avenue, which is being developed by HFZ Capital. Now, we have a new set of images for the project, which is being designed by Bjarke Ingels Group. They show major tweaks to the formerly jigsaw-like design, and accompanied EB-5 materials for the project sent to YIMBY.
JDS Development is already building a 1,400-foot-tall skyscraper at 111 West 57th Street, and now they’re getting ready to erect a rival supertall at 340 Flatbush Avenue Extension in Downtown Brooklyn. The latest set of permits show that the building will top out at 1,066 feet, beating any other tower planned or under construction in the borough.