Office

23-20 Jackson Avenue

65,000-Square-Foot Mixed-Use Commercial Building Planned At 23-20 Jackson Avenue, Long Island City

The Vorea Group has signed a 99-year ground-lease, worth roughly $350 million, for the 10,000-square-foot development site at 23-20 Jackson Avenue, located on the corner of Pearson Street in the Court Square section of Long Island City. The developer plans to build a mixed-use commercial building measuring between 50,000 square feet and 65,000 square feet, according to the Wall Street Journal. The lower floors will contain 30,000 square feet of retail space while the upper floors will feature offices. The site, currently occupied by a single-story commercial building, can accommodate up to 50,000 square feet of leasable commercial square-footage. Neither demolition permits nor new building applications have been filed. Real Estate Weekly reported on the details of the lease.



210 East 39th Street

Façade Installation Underway at 19-Story, 57-Unit Mixed-Use Building, 210 East 39th Street, Murray Hill

Façade installation is underway on the topped-out 19-story, 57-unit mixed-use building under development at 210 East 39th Street, in Murray Hill. Photos showing this come courtesy of prolific construction chronicler Tectonic. The latest building permits indicate the structure encompasses 67,573 square feet and rises 185 feet above street level, not including the bulkhead. There will be 7,929 square feet of office space on the ground through third floors for a “philanthropic non-profit institution,” per the Schedule A. The residential units, rentals, should average 893 square feet apiece. Eighteen percent of them (10 units) will rent at below-market rates through the affordable housing lottery. CBSK Ironstate — comprised of SK Development, CB Developers, and Ironstate Development — is the developer. Rawlings Architects is the behind the architecture. Completion is expected in early 2017.


300 West 57th Street

Ground Floor of 46-Story Hearst Tower Getting 107-Foot-Long Digital Display, 300 West 57th Street

Hearst Tower, the 46-story, 861,100-square-foot office tower located at 300 West 57th Street in Midtown, is about to get a flashy upgrade to its ground floor. Crews are now constructing what will be dubbed HearstLive, a digital, wrap-around media installation that will broadcast news and other information. It will become the building’s façade at street level, measuring 107 feet, five inches along Eighth Avenue and 57th Street. The exact content will be determined by a collection of Hearst’s brands and partners. Hearst Tower is an individual landmark, which means the Landmarks Preservation Commission would have had to approve any exterior alterations, but this latest addition appears to be located behind the existing glass. HearstLive will debut on September 27.


28-10 Jackson Avenue

New Renderings Show Tishman Speyer’s Residential Towers and Office Complex Under Development in Long Island City

As three residential skyscrapers begin their ascent skyward at 28-10 Jackson Avenue, in Long Island City, renderings for them have finally surfaced per the Wall Street Journal. The towers will stand 43, 45, and 53 stories, respectively, and will together encompass an enormous 1,687,776 square feet. There will be 1,900 residential units and 13,807 square feet of ground-floor retail space. In addition to a slew of amenities, the complex will sport a private 2.5-acre park in the center. Goldstein, Hill, & West Architects is behind the design. Tishman Speyer and H&R Real Estate Investment Trust are the developers.

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