Global media brand Discovery, Inc. will relocate its US headquarters to New York City’s 230 Park Avenue South. TF Cornerstone facilitated the deal and owns the building, with the headquarters taking over 360,000 square feet of Class A office space.
For the second time this week, we can report that a supertall in Manhattan is reaching its peak. One Manhattan West’s concrete superstructure has topped-out 995 feet above Midtown. Brookfield is behind Manhattan West, which will create six buildings and a large public plaza, producing a total seven million square feet of office, residential, and hotel space.
The prominence of the Hudson Yards district continues to grow, and today, Tishman Speyer has announced the official start of construction for The Spiral. The 1,031-foot tall building will be the fifth supertall added to the area. An event to mark the occasion will be held this afternoon, and will conclude with the planting of a 20-foot Alaskan Cedar tree to serve as Hudson Boulevard & Park’s annual Christmas tree.
Nicknamed the “Pearl On The Park,” and located next to the Beekman Hotel at 5 Beekman Street and directly adjacent to COOKFOX’s 59-story residential tower rising at 25 Park Row, 1 Beekman Street has officially topped-out at 25 stories in height. Construction has progressed quickly over the past year, and demolition and excavation of the site only began two years ago.
Last December, YIMBY revealed the renderings for 399 Sands Street in the Brooklyn Navy Yard Industrial Park. Now, the official groundbreaking for the nine-story office building has occurred. The structure will house between 700 to 1,000 jobs once complete. It is part of the $1 billion redevelopment project dedicated to fueling New York City’s economy with infrastructure for 10,000 new jobs in manufacturing and creative businesses. The non-profit Brooklyn Navy Yard Development Corporation (BNYDC) is realizing the project through private developers, and Steiner NYC is responsible for 399 Sands Street.