Tishman Speyer

422 Fulton Street

Tishman Acquires 11 Hoyt Street Site, Part of Macy’s 422 Fulton Street Building, Downtown Brooklyn

4:00 pm on August 12, 2015 By Reid Wilson

Macy’s is about to sell five stories of their nine-story building at 422 Fulton Street and the parking garage at 11 Hoyt Street (aka 217 Livingston Street) to Tishman Speyer for $170 million, according to Crain’s. Macy’s will consolidate commercial operations to 310,000 square feet, spanning the basement to the fourth floor, and Tishman will fund extensive renovations for those floor. As for the five upper floors Tishman is purchasing, those will be converted to office space and five more floors will be added up top. In the end, 10 stories of integrated office space is planned.

28-10 Jackson Avenue

Foundation Work Begins For 1,789-Unit Mixed-Use Development At 28-10 Jackson Avenue, Long Island City

6:00 am on July 27, 2015 By Reid Wilson

Late last year, YIMBY reported on job applications for the 1,789-unit mixed-use development planned at 28-10 Jackson Avenue, in Long Island City. Now, The Court Square Blog reports foundation work has begun; Tishman Speyer and H&R Real Estate Investment Trust are developing, and the project includes 53-, 44-, and 33-story towers, with a combined total of 15,500 square feet of ground-floor retail. Completion is expected in June 2018, per signage, and Goldstein Hill & West is the architect of record.

550 West 37th Street

Tishman Speyer To Acquire Mixed-Use Development Site At 550 West 37th Street, Hudson Yards

12:15 pm on June 11, 2015 By Reid Wilson

Tishman Speyer is in the process of acquiring the development site at 550 West 37th Street — on 11th Avenue, between West 36th and 37th streets — in the Hudson Yards district, for $185 million. According to Crain’s Business, the parcel boasts 735,000 square feet of mixed-use building potential, but can be expanded to roughly 1.7 million square feet with the purchase of bonus air rights. The developer also plans a significant tower at 435 10th Avenue, a few blocks to the south.

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