Commercial

170 Eleventh Avenue

22-Story, 140-Unit Mixed-Use Building Planned at 170 Eleventh Avenue, West Chelsea

Related Companies is in contract to acquire, for an undisclosed amount, the assemblage of properties at 170 Eleventh Avenue, 548-552 West 23rd Street, and 555 West 22nd Street, in West Chelsea. The developer plans to build a 22-story, 140-unit mixed-use building at the site, Curbed NY reported. New building permits have not yet been filed with the Buildings Department, although early estimates put the size of the project at 288,000 square feet. It’s unclear what the other building use will be, although both commercial and community facility space are allowed by zoning. If all four existing buildings, which range from one- to three-story commercial structures, are razed, the site would be able to accommodate a maximum 291,324 square feet of mixed-use development as-of-right. An additional 70,000 square feet of air rights are being acquired and transferred to the site, probably to increase the amount of residential space that can be built. As the assemblage spans across different zoning district, the Department of City Planning must approve the air rights transfer.



Photo/rendering composite of 30 Hudson Yards. Photo by NYConstructionPhoto

30 Hudson Yards Now 15 Stories Above Street Level, Retail Component Getting Façade

The 90-story, 1,296-foot-tall office tower known as 30 Hudson Yards, located on the corner of Tenth Avenue and West 33rd Street, is now roughly 15 floors above street level, as seen in photos posted to the YIMBY Forums by ILNY. The one-million-square-foot retail component, dubbed The Shops & Restaurants at Hudson Yards and located between 30 Hudson Yards and the completed 52-story office tower 10 Hudson Yards, is also now topped out and receiving its façade. 30 Hudson Yards will measure 2.6-million square feet and has already been fully committed. Time Warner Inc. (and its affiliates) will occupy 1.5-million square feet, Wells Fargo Securities will occupy 500,000 square feet, KKR will occupy 343,000 square feet, and Related Companies and Oxford Properties Group (the developer of Hudson Yards) are also taking space in the building.

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Aqueduct Racetrack

Resorts World Casino Proposing Hotel-Casino-Convention Expansion at Aqueduct Racetrack, South Ozone Park

The Resorts World Casino is proposing to expand their two-story, 330,000-square-foot building —  located on the grounds of the Aqueduct Racetrack at 110-00 Rockaway Boulevard, in South Ozone Park, Queens — by roughy 420,000 square feet. The expansion would include an additional 1,000 video lottery terminals, a 400-key hotel, a 20,000-square-foot spa & resort, and at least 140,000 square feet of convention and meeting space, the Wall Street Journal reported. The expansion would be built immeadiately west of the existing casino, where a parking lot is currently located. The proposal would also leave room for the expanded facility to be further expanded with even more retail and casino spaces. The plans must be approved by the Franchise Oversight Board and the New York State Gaming Commission. With proper approvals, completion is expected in early 2019. The casino is connected to the A train’s Aqueduct Racetrack stop via a pedestrian bridge.



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