YIMBY has word that Tishman Speyer has finalized lease agreements for all 1.2 million square feet of its recently completed office development known as “The JACX,” in Long Island City. While the property has not officially debuted, the building’s list of tenants includes Macy’s, Inc., New York-Presbyterian, Bloomingdale’s, WeWork, and a primary care practice operated by Weill Cornell Medicine.
Permits have been filed for an eight-story apartment building at 143-16 41st Avenue in Flushing, Queens. Located on the interior between Bowne Street and major thoroughfare Parsons Boulevard, the lot is two city blocks east of a couple transit options. Nearby is the Main Street subway station, serviced by the 7 train, as well as the Flushing station on the LIRR. Xuan Lin of 143-16 41 Avenue Management Corp. is listed as the owner behind the applications.
In an exciting new partnership, The Armani Group and SL Green will fully redevelop 760 Madison Avenue to include a collection of luxury residences and a new flagship Giorgio Armani boutique.
Work is now progressing quickly for Times Square’s impending Hard Rock Hotel, situated between Sixth and Seventh Avenue at 159 West 48th Street. The 445-key inn is being designed by Berg + Moss Architects. The 225,000 square foot project is being developed by Extell, in partnership with Hard Rock International. The site was purchased by Extell eight years ago for $26 million, along with the necessary air rights that will allow the structure to rise 442 feet tall. The previously existing parking garage has since been demolished, and now work on the foundation is underway.
Located between Sixth and Seventh Avenue in Times Square, 145 West 47th Street will soon yield a new 343-key hotel. Designed by Berg + Moss Architects, the hospitality project is well under way, and the first floor is now being formed and assembled. The building will stand 27 stories high when complete, and have a total square footage of around 141,500 square feet. The property was sold by Stahl Real Estate almost three years ago for $101.2 million dollars, and TriBeach Holdings is the new developer.
