The historic Terminal Warehouse in West Chelsea will soon undergo a transformative renovation to accommodate a mix of first-class office space, new dining area, and ground-floor retail. L&L Holding Company and Normandy Real Estate Partners are working in collaboration to redevelop the 1.2-million-square-foot property, which occupies an entire city block from Eleventh to Twelfth Avenue and 27th to 28th Street.
This month the Harlem School of the Arts will break ground on a $9.5 million renovation titled “The Renaissance Project.” Under the direction of Imrey Studio, the core of the project includes a replacement of the structure’s brick exterior with a double-height glass façade to both promote the flow of natural light into the building and amplify the school’s interaction with the surrounding neighborhood.
RockFarmer Properties is readying for the second phase of Astoria Lights, a redevelopment of a 20s-era property in Astoria, Queens. Originally constructed in 1929, RockFarmer began the first phase of the conversion of in 2014, which introduced 57 co-op apartments. Phase two of the development will include an additional 38 units that are on track to launch in 2020. With completion just one year away, developers have unveiled a sales gallery and model residence with pricing beginning at $475,000.
Manhattan’s iconic MetLife Building will soon undergo a major renovation of ground floor lobby areas, including the reinstatement of a long-shuttered connection to Grand Central Terminal. Tishman Speyer, the building’s current owner, has commissioned MdeAs Architect to reimagine the space.
Developers will again appear before the Landmarks Preservation Commission seeking approvals to renovate and redesign 550 Madison Avenue. This follows impassioned NIMBY outcry against the original proposal.