The lobby at 1345 Avenue of Americas has been renovated, and today, YIMBY has an exclusive first look inside the space. Skidmore, Owings & Merrill were commissioned by Fisher Brothers to redesign the interior. The owners wanted to replace the original white and tan marble with a brighter, more spacious lobby, and the photos indicate that the architects have accomplished exactly that.
The first commercial tower to open in Hudson Yards, 10 Hudson Yards, is still making headlines, having now achieved LEED-Platinum certification from the U.S. Green Building Council. This surpasses original expectations of a LEED-Gold Certificate. Developers Related Companies and Oxford Properties Group announced that this is the first commercial building in New York City to receive the award since the LEED v2009 rating system was established.
Delancey Street Associates has closed a deal for funding the construction of 180 Broome Street, on the Lower East Side. The capital comes from Wells Fargo and M&T Bank, along with equity from DSA and Goldman Sachs Urban Investment Group. The loan secures $200 Million out of the projected total construction cost of $300 million. Essex Crossing is being developed by Delancey Street Associates, which is comprised of BFC Partners, L+M Development Partners, Taconic Investment Partners, and Goldman Sachs.
Today, YIMBY has a photo update on the site of the Dime Savings Bank of Williamsburgh. Foundation work is moving along for the soon-to-be 22-story residential building that will rise adjacent to the historic structure, in Williamsburg, Brooklyn.
The blocks of Hudson Yards are the current hotspot for office construction in New York City, with supertall after supertall rising from nothing. But Midtown East might be the only location in Manhattan where major office projects are rising alongside existing fabric. While One Vanderbilt is only beginning to rise above 42nd Street, work is substantially further along at 425 Park Avenue, where Norman Foster’s vision is now climbing past the stump remaining from the site’s former occupant.