The developers of a 62-story, 139-unit mixed-use tower at 101-111 Murray Street, in Tribeca, have reportedly found financing, valued in the hundreds of millions, from a Chinese insurance company. YIMBY confirmed in March that 111 Murray Street will rise 857 feet tall, but first revealed the design in June of 2014. Witkoff Group and Fisher Brothers are developing; Kohn Pedersen Fox is designing. The site’s predecessor has now been demolished, and completion is expected in 2017.
A glimpse of Delshah Capital’s planned 10-story, 14-condo-unit luxury residential building at 221 West 17th Street, in southern Chelsea, is now available. The project will expand the existing six-story commercial building by four stories and the new building will measure about 40,000 square feet, including the retail at street level. Dubbed “The Dorian”, occupancy is expected by late 2016, and Neal Beckstedt Studio is designing interiors.
Details are filtering in for HFZ Capital Group’s planned mixed-use development at 501 West 17th Street — aka 76 11th Avenue — in West Chelsea. Crain’s Business reports the developer plans 300 condominiums within the two 28- and 38-story towers, which will also integrate a new park space into the High Line. Bjarke Ingels Group is designing the 850,000-square foot project, which is expected to be delivered in 2018.
Real Estate Weekly has the reveal for Advanced Realty’s seven-story, 140-unit mixed-use building at 1316 Willow Avenue, at the corner of 14th Street in Hoboken, New Jersey. Dubbed Willow14, retail space will measure 20,000 square feet on the ground floor, and the project is expected to achieve LEED certification. Construction is well underway, and completion is expected in late 2016.
Brownstoner reports the vacant 5,000 square-foot lot at 1425 Fulton Street, in south-central Bedford-Stuyvesant, is now on the market as a development site for $6 million. GFI Realty Services is marketing the property, which boasts 22,365 square feet of mixed-use building potential, or 29,820 square feet if affordable units are included. If sold at asking price, the property would go for $268 per buildable square-foot; in January, residential development in the neighborhood reached $154 per buildable square foot.