In late 2014, YIMBY brought you conceptual renderings of the possible mixed-use tower that could rise at 1710 Broadway, between West 54th and 55th Street in Midtown, and now Extell Development is teaming up with C&K Properties to build a 60-story condo-hotel tower. Extell paid roughly $247 million for a 39 percent stake in the project, according to The Real Deal. Retail space will likely be included in the planned tower, which could be as large as 370,000 square feet, although additional air rights may be used which would increase the project’s size. A six-story, 83,000 square-foot office building must first be demolished.
Late in 2014, YIMBY reported on the ground breaking of Journal Squared’s first residential tower, located right around the corner from the Journal Square PATH station, in northwestern Jersey City. On Wednesday, Kushner Real Estate Group topped out the 53-story, 538-unit building, which stands 563 feet above street level, according to the Jersey Journal. Façade work is also now underway, and completion of the tower is expected in 2016. Once completed, Journal Squared will boast three towers and 1,838 residential units, along with 36,000 square feet of retail and restaurant space. The second tower to rise will stand 70 stories and the final tower will top out at 60 stories. HWKN is the design architect, while Handel Architects is serving as the architect of record.
Over the summer, a black-and-white rendering was posted at the site of the planned 12-story, 75-unit mixed-use building at 69 East 125th Street, in East Harlem, and now a higher resolution rendering has surfaced, per Real Estate Weekly. Kutnicki Bernstein Architects is designing the rental building, which will include 5,643 square feet of ground-floor retail space. Twenty percent of the residential units will be rented at below-market rates. The site’s predecessors were demolished this past August, and completion is expected in the spring of 2017. Greystone Property Development is behind the project.
The skyline of Jersey City is on its way to getting another addition. It was announced Wednesday that the LeFrak Organization, which has been building in the city for decades, broke ground for a 43-story building, dubbed Ellipse, in the Newport section at the city’s northern end, just south of the Hoboken border.
In early November, the City Planning Commission approved Hudson Companies’ planned 36-story, 139-unit mixed-use building at 280 Cadman Plaza West, in Brooklyn Heights, and now the City Council has approved the project. According to DNAinfo, Wednesday’s vote was practically the last step before the project gets green-lit. Mayor Bill de Blasio is planning to sign the deal, which will conclude ULURP, the city’s Uniform Land Use Review Procedure. The project overtakes the site of the Brooklyn Heights public library and 26,620 square feet on the ground floor will be dedicated to it. In addition, the Marvel Architects-designed tower will include 9,000 square feet of city-run academic labs and retail space. The property will be sold for $52 million.