Retail

Tammany Hall Renovation and Expansion Nearing Completion at 44 Union Square

Work is nearing completion on the extensive renovation and expansion of the historic Tammany Hall headquarters building at 44 Union Square. Designed by BKSK Architects and developed by Reading International (RDI) with Edifice Real Estate Partners as the owner’s representative, the project involved the addition of a multi-story space-frame dome atop the 90-year-old structure. CNY Group is in charge of construction at the Union Square site, which sits at the corner of East 17th Street and Park Avenue South. Reading International purchased the edifice 18 years ago and received a $57.5 million loan secured by Bank OZK and Fisher Brothers from Lionheart Strategic Management, LLC, an affiliate of Fisher Brothers.

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Rendering of Innovation QNS - ODA New York

Proposed $2 Billion Mixed-Use Complex Revealed in Astoria, Queens

A consortium of developers including Kaufman Astoria Studios, Silverstein Properties, and BedRock Real Estate Partners has revealed extensive plans to redevelop and construct a five-block mixed-use complex in Astoria, Queens. Designed by ODA’s New York design studio, the development is known as Innovation QNS and is expected to yield up to 2,700 apartments and more than 400,000 square feet of commercial area.

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Demolition Complete for Disney’s Headquarters at Four Hudson Square, in Hudson Square

Demolition is finished and excavation work is now in full swing for Disney’s new 1.2-million-square-foot headquarters at 137 Varick Street, aka Four Hudson Square. Since YIMBY’s last update in late February, the final remaining building at 304 Hudson Street has been cleared from the property, which Disney purchased from Trinity Church Real Estate for $650 million. Designed by Skidmore, Owings & Merrill and developed in partnership with Silverstein Properties, the upcoming 22-story building will eventually top out at 320 feet tall. Skanska oversaw the demolition process for the Hudson Square complex, which involved the razing of four structures.

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