After nearly a decade of anticipation, false starts and design changes, 855 6th Avenue is nearing completion. The 479-foot-tall tower has finally taken its place on the burgeoning Midtown South skyline, and upon completion it will fill the missing link between Herald Square to the north and the hybrid Chelsea/NoMad district to the south. The Durst Organization is developing the 41 story mixed-use project, which consists of significant residential, retail, and office components.
Related Companies and Oxford Properties have signed private equity firm KKR & Co. for their 90-story office tower at 30 Hudson Yards, and they’ve sent out some new renderings of the building to highlight the announcement.
Last March, Quinlan Development Group, along with Building & Land Technology, purchased the 10-story commercial building turned storage facility at 41 Flatbush Avenue, in Downtown Brooklyn, for $89.4 million, and now Commercial Observer has the first glimpse of the property’s planned office conversion. The building measures 260,866 square feet, and retail space will span the ground floor while offices will spread across the remainder. Interior spaces feature 13-foot-high, terra cotta-clad ceilings, and the exterior façade will be limestone. A rooftop deck is also indicated in the Schedule A, and Beyer Blinder Belle is the architect of record.
Back in February of 2014, a number of developers toured the former Bayview Correctional Facility, an eight-story, 100,000 square-foot complex, at 550 West 20th Street, in West Chelsea, after the city issued a request for proposals just months earlier. Now, Empire State Development has awarded NoVo Foundation a 99-year lease to redevelop the property, according to Commercial Observer. NoVo Foundations and the Goren Group plan to transform the building into the Women’s Building, which will house a women’s rights organization. The project will include community space, art installations, and a restaurant.
Eric Gural has acquired the five-story, 40,000 square-foot former warehouse at 285 North 6th Street, in Williamsburg, for $15.6 million, according to Crain’s. He also purchased the four-story, 70,000 square-foot former industrial building at 10-27 46th Avenue, in Long Island City, for $14.25 million. Both properties are set to undergo office conversions. Work on the Williamsburg property is expected to begin in the coming weeks, and includes a restaurant and roof deck. As for the Queens project, work will begin once the current leases expire late next year.