At the intersection of Broadway and East 11th Street andon the edge of Greenwich Village, a new boutique office will soon rise at 799 Broadway thanks to a $70 million purchase by Columbia Property Trust, according to Crain’s. Columbia received a nearly 50% stake in the sale, and will join co-owner Normandy Real Estate Partners. The current structure today will eventually be demolished to make way for the new glass building that will span around 180,000 square feet, and stand 12 stories tall.
Construction has nearly wrapped on a new residential property located adjacent to the elevated portions of the N and W subway lines in Long Island City. The low-rise building sits mid-block at 36-27 31st Street with TCO approvals anticipated for October 2018.
Two weeks ago, YIMBY reported on plans to build a 40-story mixed-use tower on the wedge-shaped 570 Fulton Street lot in Downtown Brooklyn. Renderings have now surfaced of the proposal, and though they are low in quality, they still reveal quite a lot about the project. The proposition would be a good step forward for Brooklyn’s densification, and the new office space will help ameliorate the Borough’s residential imbalance.
Located at 2800 Goulden Avenue, at the perpendicular intersection of West 197th Street and Goulden Avenue, a new nursing education facility will soon span 51,670 square feet. The building is being designed by Urbahn Architects PLLC, an architecture firm located in the Garment District in Manhattan.
Topping-out this past April, Studio Gang‘s Solar Carve Tower along Chelsea’s High Line is now nearing full completion as its dazzling glass facade rises above Tenth Avenue, between West 13th and 14th Streets. Located at 40 Tenth Avenue, and sitting to the immediate north of the Standard Hotel, the 10-story building will be entirely encased in glass, and constructed with reinforced concrete. The Jeanne Gang-designed structure will span 139,000 square feet in all, and is being co-developed by Aurora Capital and William Gottlieb Real Estate.