RXR Realty and Westbrook Partners are in contract to purchase the nine-story, 700,000 square-foot former industrial building at 47 Hall Street, in northern Clinton Hill, for more than $160 million, Crain’s reports. Parts of the building are currently rented out as art studios and creative offices, but the eventual new owners plan to convert the structure into modern creative offices; renovations include ground-floor reconfigurations and new outdoor terraces. Landlord Ruby Schron and the Fruchthandler family are the current owners.
In the beginning of last spring, YIMBY brought you a construction update on 610 Lexington Avenue/100 East 53rd Street, a planned 63-story, 94-unit residential tower, which at the time, was only two stories above street level. Dezeen now has fresh renderings of the project, which YIMBY can accompany with the latest photos from YIMBY reader ILNY. The bulk of the tower has been constructed, and glass façade is now being installed on the lower levels. RXR Realty is developing with Hines and Foster + Partners is designing, while SLCE Architects is serving as the architect of record. Completion is expected in 2017.
YoungWoo & Associates and RXR Realty have presented updated plans for the renovation of Pier 57, an abandoned 560,000 square-foot former waterway terminal, near the Meatpacking District. According to Curbed, the rooftop will operate as a 1.8-acre public park, with 13,399 square feet of green space, a restaurant pavilion and wooden stadium. It was also previously reported a 100,000 square-foot food court is planned, and Google is expected to take 250,000 square feet of office space. A public hearing on the project is expected in the coming months. Completion is slated for 2017.