New Developments | 6sqft https://www.6sqft.com NYC Real Estate news and information Thu, 16 Nov 2023 18:16:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.1 Ladies’ Mile condo designed by DXA features a draping fabric-like facade https://www.6sqft.com/ladies-mile-condo-designed-by-dxa-features-a-draping-fabric-like-facade/ https://www.6sqft.com/ladies-mile-condo-designed-by-dxa-features-a-draping-fabric-like-facade/#comments Wed, 15 Nov 2023 18:53:23 +0000 https://www.6sqft.com/?p=175250

The design of a new 17-story condominium in the Ladies’ Mile Historic District celebrates the history of the neighborhood and the spirit of innovation in New York City. Designed by DXA Studio, 10 West 17th Street features a facade of ultra-high-performance concrete molded to look like flowing fabric, a nod to the neighborhood’s role in [...]

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The design of a new 17-story condominium in the Ladies’ Mile Historic District celebrates the history of the neighborhood and the spirit of innovation in New York City. Designed by DXA Studio, 10 West 17th Street features a facade of ultra-high-performance concrete molded to look like flowing fabric, a nod to the neighborhood’s role in the garment industry and as a major shopping destination during the Gilded Age. The Landmarks Preservation Commission on Tuesday voted to approve the unique design.

The building will rise on a vacant site that borders Flatiron, Union Square, and Chelsea. Plans from 2014 called for a 16-story building designed by Beyer Blinder Belle, which was approved by LPC in 2016. That building was never constructed and developer Anbau has since acquired the property.

The building, called 10W17, will rise 185 feet and include 23 two-, three-, and four-bedroom apartments, including two duplex units. The amenity space will measure 2,000 square feet.

Ladies’ Mile Historic District, 1903, courtesy of the Library of Congress

Designated in 1989, the Ladies’ Mile Historic District was the center for commercial retail at the turn of the 20th century, an area where the garment industry converged with department stores. The district was a place to see and be seen among elite New Yorkers, particularly women, who felt safe to go shopping unaccompanied by men for the first time.

During a presentation to the LPC on Tuesday, Jordan Rogove, partner at DXA Studio, explained how the firm was inspired by the cultural and technological shift from Victorian-era fashion to ready-to-wear simplified attire, advocated for by Oscar Wilde and the Aesthetic movement and also seen in architecture of the time.

“This building is a nod to a specific moment in the district’s history when the aesthetic movement occurred,” Rogove and Wayne Norbeck of DXA Studio, said in a statement.

“This centered around the move away from the overly exaggerated dress of the 19th century fashion trends, towards a more functional and form fit style of clothing that focused more on expressing the human body. The building design concept then draws parallels between this and the modern movement of architecture that was occurring also at this time.”

The building envelope of 10W17 pays tribute to the architectural history of Ladies’ Mile under a concrete facade inspired by the “spirit of modernity and origins of the Aesthetic movement.” The street facade features 200 ultra-high-performance concrete panels molded to look like fabric. These will sit on a rain screen paneling system designed to improve thermal performance.

“At the bottom of the building, we thought this was an opportunity to kind of pull back the curtains, to pull back the fabric expression, or cloak, of the building and show some of that underlying foundational building that is in line with the more historic form of the district,” Rogove said.

While the Community Board 5 last month recommended the project be denied for “lacking appropriateness and harmony within the district,” LPC commissioners applauded the interesting design, including the unique swooping element seen at the top of the building, which provides a transition from the two buildings the condo sits between. During Tuesday’s meeting, both the Historic Districts Council and Victorian Society New York voiced support for the project.

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First look at Olympia Dumbo amenities, including NYC’s highest private tennis court https://www.6sqft.com/first-look-at-olympia-dumbo-amenities/ https://www.6sqft.com/first-look-at-olympia-dumbo-amenities/#respond Tue, 14 Nov 2023 17:44:40 +0000 https://www.6sqft.com/?p=175155

The impressive amenities at Dumbo’s latest luxury tower are now complete and new photos provide a first look at the stunning spaces. Olympia Dumbo, the neighborhood’s tallest and most expensive residential building, offers 38,000 square feet of indoor and outdoor amenities spread across three floors, including New York City’s highest private outdoor tennis court, indoor [...]

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The impressive amenities at Dumbo’s latest luxury tower are now complete and new photos provide a first look at the stunning spaces. Olympia Dumbo, the neighborhood’s tallest and most expensive residential building, offers 38,000 square feet of indoor and outdoor amenities spread across three floors, including New York City’s highest private outdoor tennis court, indoor and outdoor pools, and a playroom, shipwreck-themed playground, and waterpark for kids.

Developed by Fortis Property Group and designed by Hill West Architects, Olympia Dumbo contains a total of 76 one- to five-bedroom residences and penthouses designed by Workstead. While the building’s unique sail-shaped and its meticulously designed residences are a sight to behold, Olympia’s amenities suite is on another level.

The amenity package takes up three floors: The Garden, The Bridge, and The Club. The club, located on the building’s lower level, is centered on fun and fitness. Here you’ll find a game lounge, bar, bowling alley, fitness center, spin studio, boxing gym, and a maritime-themed children’s playroom.

Masterfully crafted by Workstead, the garden is located on the ground floor and is where the “heights of Olympia come down to Earth,” according to the building’s website.

Featuring Workstead’s signature use of sculptural details etched into stone and wood, the entrance includes the building’s triple-height lobby and an elevated garden lounge that overlooks a private garden.

The bridge is located on the 10th floor and offers indoor and outdoor amenities centered around recreation and relaxation. Features include both an indoor and outdoor pool, a treatment room, a dry sauna, a steam room, a juice bar, a landscaped park, cabanas, barbecue areas, a shipwreck-themed children’s playground, and the city’s highest private tennis court that overlooks the Brooklyn Bridge.

Olympia Dumbo is shaped like a sail, with the building’s mass receding as it rises. This allows for no more than six units per floor and a pair of full-floor penthouses at the top of the building. Many of the residences feature ceiling heights as tall as 18 feet, wide plank flooring, private terraces, and outdoor spaces.

The building has broken several real estate records for the highly sought-after Brooklyn neighborhood, appearing as the top condo contract in the weekly Brooklyn luxury reports 27 times since 2022, including six times at the number one spot. Olympia has appeared in the list of the top 20 sponsor sales more than any other building in the borough’s history, according to the building’s public relations team.

Sales launched at the tower in October 2021. More than half of the building’s residences have already been sold, recently welcoming high-profile residents including Brooklyn Nets point guard Ben Simmons.

In January, a penthouse in the Olympia sold for $17,500,000 making it the neighborhood’s priciest sale on record. The four-bedroom, three-and-a-half bathroom penthouse on the 33rd floor boasts a nearly 500-square-foot terrace facing the East River.

Current availabilities at Olympia Dumbo start at $1,995,000, according to CityRealty.

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New images and details unveiled for 420-foot-tall Upper East Side condo https://www.6sqft.com/new-details-and-images-for-east-74th-and-third-avenue-upper-east-side-condo/ https://www.6sqft.com/new-details-and-images-for-east-74th-and-third-avenue-upper-east-side-condo/#respond Mon, 13 Nov 2023 18:42:10 +0000 https://www.6sqft.com/?p=175029

New images and details for a high-rise condominium on the Upper East Side were released last week. Developed by Elad Group, the 32-story building at 201 East 74th Street, going by The 74, will be home to 42 two- to five-bedroom apartments. Not only making a statement in the neighborhood for its height, the tower [...]

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New images and details for a high-rise condominium on the Upper East Side were released last week. Developed by Elad Group, the 32-story building at 201 East 74th Street, going by The 74, will be home to 42 two- to five-bedroom apartments. Not only making a statement in the neighborhood for its height, the tower also stands out for its design, which includes squeezing in next to, and cantilevering over, a 110-year-old walk-up apartment building.

Designed by Pelli Clarke & Partners, The 74 includes a six-story podium on Third Avenue with the the tower rising 31 stories above it, cantilevering to the north and south. The design is a nod to the city’s Art Deco gems like the Chrysler Building and Rockefeller Center, with a modern twist evident in its slender frame and terracotta facade.

The facade’s terracotta is brighter than the deeper shades seen in those NYC landmarks. The “pleated design” changes with natural light throughout the day and the seasons while also acting as a rain screen that reduces heating and cooling needs, making the building more sustainable.

The development features 42 residences, ranging from half floor two- and three-bedrooms to full floor four- and five-bedrooms, including a free-standing townhouse and a duplex penthouse.

The penthouse set backs create a zig-zag shape that play beautifully with the natural light and allows for views that are truly unique to the area. Residences and amenity spaces were conceived by AD100 designer Rafael de Cárdenas.

Amenities include an entertainment suite with a catering kitchen and video-conferencing room, a rooftop terrace, a fitness center, a children’s playroom with a Pilates studio, and a lobby lounge overlooking a private garden, according to Yimby.

“We are thrilled to unveil The 74, a boutique building that marks a new era of luxury living in Manhattan’s Upper East Side,” Orly Daniell, President of Elad Group, said. “With its prime location, exquisite design, and an array of curated amenities, The 74 presents a unique opportunity for discerning buyers seeking not just a residence, but a lifestyle that reflects the best of Upper East Side living.”

The development site was originally owned by Premier Equities, which revealed plans to build a high-rise condo tower with Thor Equities in January 2017 after purchasing the final piece of land for the building for $26 million, according to The Real Deal.

After the plans failed to move forward, the property was sold to Elad Group in April 2022 for $61 million, according to Yimby.

Corcoran Sunshine Marketing Group is managing sales and marketing for The 74. Available apartments will start at $2.975 for two bedrooms, $4.8 million for three bedrooms, and $12.5 million for full-floor residences.

The 74 is slated for completion in the summer of 2025.

Apartment towers at 1299 Third Avenue and 200 East 75th Street are rising between a 110-year-old walk-up building. Streetview © 2023 Google

The building’s height is unusually tall for the neighborhood and has been controversial for UES locals. In particular, urban planner George Janes told Patch last year that the project was “illegal,” for violating a zoning code. The development’s base on East 74th Street will be 14-feet tall, instead of 60 feet, as is required.

The one-story entrance is being constructed within the rear yards of five-story tenements that lie on the block’s southern corner which currently houses restaurants JG Melon and Mezzaluna. The DOB ultimately rejected Janes’ challenge, stating that the 14-foot entrance was legal because the tenements are filed as separate projects.

The 74 is not the only new development on this block. On the other side of the 20th-century four-story apartment building at 1295 Third Avenue, which has remained due to zoning rules and rent stabilization protections, a new 18-story building at 200 East 75th Street is being constructed. Designed by Beyer Blinder Belle and developed by ESJ Development, the 214-foot structure will include 36 luxury apartments.

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517-unit luxury development tops out along Gowanus Canal https://www.6sqft.com/517-unit-luxury-development-tops-out-gowanus-canal/ https://www.6sqft.com/517-unit-luxury-development-tops-out-gowanus-canal/#respond Fri, 10 Nov 2023 16:01:42 +0000 https://www.6sqft.com/?p=174809

A huge mixed-use development with over 500 apartments has topped out along the Gowanus Canal. The two-tower, 21-story project at 267 Bond Street and 510 Sackett Street measures over 600,000 square feet and includes 57,300 square feet of retail space and a new park and esplanade along the famously polluted waterfront. Developed by PMG and [...]

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A huge mixed-use development with over 500 apartments has topped out along the Gowanus Canal. The two-tower, 21-story project at 267 Bond Street and 510 Sackett Street measures over 600,000 square feet and includes 57,300 square feet of retail space and a new park and esplanade along the famously polluted waterfront. Developed by PMG and Carlyle, the development is part of the 2021 Gowanus rezoning effort, which will bring thousands of new homes to the Brooklyn neighborhood. The development, dubbed Society Brooklyn and Sackett Place, has a completion date of 2025.

Designed by SLCE Architects, the two buildings include 517 homes, 25 percent of which are designated as affordable through the city’s Mandatory Inclusionary Housing Program.

Spanning 371,000 square feet, Society Brooklyn will include 244 units, including a mixture of studios, one-, and two-bedroom residences, and 34,000 square feet of commercial space. Measuring 234,000 square feet, Sackett Place will contain 23,300 square feet of commercial space and include 173 one-, two-, and three-bedroom residences.

Amenities will include a wellness center, an outdoor swimming pool, a rooftop terrace with expansive skyline views, and easy access to an adjacent waterfront park and esplanade.

As part of the rezoning effort, a section of the development’s retail space called the “Gowanus Mix,” will showcase community-minded retail, experimental and maker studios, and local food and beverage vendors, all of whom will be dedicated to sustainability and environmental resiliency.

The topping-off comes shortly after the project received an additional $335 million in funding from Urban Atelier Group, which is the development’s construction manager.

“UAG is excited to take part in the continuous transformation of the Gowanus Canal, contributing to the revitalization of this historic area,” Andy D’Amico, President and CEO of UAG, said in an official press release.

“We are collaborating closely with key stakeholders to bring our shared vision for these developments to fruition. Ultimately, Gowanus is more than just a location; it symbolizes our dedication to bolstering citywide housing initiatives and urban regeneration.”

Approved by the City Council in November 2021, the Gowanus rezoning plan aims to create 8,500 new apartments throughout the Brooklyn neighborhood by 2031, more than one-third of which will be set aside for low- and moderate-income households.

In the two years since the rezoning passed, Gowanus has already seen a lot of change. As City Limits reported, roughly half of the expected 8,500 apartments are in the planning or construction stages.

The ambitious initiative will also tackle addressing the problems caused by the area’s infamous Gowanus Canal, which was designated in 2010 as a Superfund site and is currently being cleaned up by the Environmental Protection Agency after more than a century of toxic pollution. The EPA is working to remove 581,000 cubic yards of polluted sediment from the bottom of the canal and cap it to prevent further pollution.

To accommodate the influx of residents in the neighborhood and prevent further strain on the sewer system, the city in March broke ground on one of two new underground storage tanks that will prevent up to 12 million gallons of sewage overflow from entering the canal during flooding events and rainstorms.

The first tank, bounded by Nevins Street, Butler Street, and Degraw Street will hold up to eight million gallons of sewage waste and include 3.6 acres of public open space on the waterfront. The second tank, to be located at a bend in the canal at Second Avenue and Sixth Street, will be able to hold up to four million gallons of sewage overflow.

PMG purchased the site in 2021 for $9 million, according to The Real Deal. In June, private equity firm Carlyle paid PMG $100 million and joined as a co-developer for the project. The project must be completed by 2026 to receive a 421-a tax break.

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Morris Adjmi’s 100-unit Soho project approved by LPC, the first under rezoning https://www.6sqft.com/morris-adjmi-soho-project-approved-by-lpc/ https://www.6sqft.com/morris-adjmi-soho-project-approved-by-lpc/#respond Thu, 02 Nov 2023 18:27:30 +0000 https://www.6sqft.com/?p=174157

The Landmarks Preservation Commission on Tuesday approved plans for a 13-story mixed-use building with 100 housing units at 277 Canal Street, a landmarked three-story building atop the Canal Street subway station. Developed by United American Land (UAL) and designed by Morris Adjmi, the project is the first development to be approved for the historic district [...]

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The Landmarks Preservation Commission on Tuesday approved plans for a 13-story mixed-use building with 100 housing units at 277 Canal Street, a landmarked three-story building atop the Canal Street subway station. Developed by United American Land (UAL) and designed by Morris Adjmi, the project is the first development to be approved for the historic district following the Soho/Noho rezoning that passed in 2021.

Also known as the Oltarsh Building, 277 Canal Street was constructed in 1927 as a theater and has been the home of a variety of retailers ever since.

UAL selected Morris Adjmi to design the building due to his reputation of taking a “respectful approach” to historic districts. The architect will work to retain the historic building’s existing red brick facade and ensure it is “contextually designed” for the neighborhood, featuring brick, metal, and terracotta materials. New materials have been added to the updated proposal including bronze-toned aluminum and regular aluminum.

Of the building’s 100 housing units, 25 percent will be designated as affordable under Mandatory Inclusionary Housing, according to UAL. According to Commercial Observer, the building will contain 20 studios, 45 one-bedrooms, 35 two-bedrooms, and 10,000 square feet of retail.

During Tuesday’s LPC hearing, the architecture firm reviewed a series of revisions they have made to the proposed building since the commissioners commented on the proposal in June, according to the Real Deal. One of the commissioners’ foremost concerns about the previous proposal was the design of the building’s cornice, which they said lacked depth and emphasis.

To address these concerns, Morris Adjmi increased the cornice, belt course heights, depths, and profiles to further emphasize the building’s crown. The updated cornice also better refers to the ground floor cornice, reduces the presence of the penthouse, and allows for the removal of the penthouse railing, according to the LPC.

The updated proposal also addressed the LPC’s feedback requesting that the building’s signage be more playful and representative of the character of Canal Street. The facade will incorporate a metal mesh screen at the transom/louver, a pattern that refers to the historic tympanum ornament.

While the commissioners generally approved the updated building design, some still took issue with the new signage.

“Much of the current proposals are improvements,” Stephen Chu, LPC Commissioner, said. “I still feel that the signage is aggressive. I feel like you have come up with a facade that is quite handsome and the signage feels too much like a tack-on. It doesn’t feel like it respects the building you’ve designed. I would propose maybe limiting the options.”

Approved by the city in December 2021, the Soho/Noho rezoning plan spans more than 50 blocks across the two Lower Manhattan neighborhoods. The rezoning updates zoning rules established during the 1970s that helped the neighborhood address its evolution from a manufacturing area to a haven for artists. The rules permit medium- to high-density mixed-use districts and the development of new buildings that can be as tall as 275 feet.

As part of the rezoning, the maximum height for new buildings is 205 feet. In the “historic cores” of the area, the maximum height would be 145 feet. The rezoning is projected to create 3,000 new homes, 900 of which would be permanently affordable.

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All-electric 30-story tower with 324 apartments and academic space breaks ground in Downtown Brooklyn https://www.6sqft.com/all-electric-tower-with-324-apartments-and-academic-space-breaks-ground-downtown-brooklyn/ https://www.6sqft.com/all-electric-tower-with-324-apartments-and-academic-space-breaks-ground-downtown-brooklyn/#respond Thu, 02 Nov 2023 15:00:00 +0000 https://www.6sqft.com/?p=174061

Construction has begun on an all-electric residential building in Downtown Brooklyn that includes 324 apartments and academic space for Long Island University. RXR on Monday broke ground on the 30-story tower at 89 Dekalb Avenue, which is set to be one of the developer’s most sustainable projects as the building is fully electric, features a [...]

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Construction has begun on an all-electric residential building in Downtown Brooklyn that includes 324 apartments and academic space for Long Island University. RXR on Monday broke ground on the 30-story tower at 89 Dekalb Avenue, which is set to be one of the developer’s most sustainable projects as the building is fully electric, features a smart glass facade system, and has electric vehicle charging stations.

RXR at the groundbreaking of 89 Dekalb. Photo: Greg Morris

“Residential projects such as 89 Dekalb are desperately needed — not only to meet the housing needs of our community but to also set a new standard that positions our borough and city at the forefront of sustainable development,” Regina Myer, president of Downtown Brooklyn Partnership, said.

“With housing that will be affordable to middle-income families and dedicated space for Long Island University, all located in a fully electric tower, 89 Dekalb will help support the households and workforce that enable our neighborhood to thrive. We are excited to welcome this innovative project to the neighborhood.”

Designed by Perkins Eastman, 89 Dekalb includes 55,000 square feet of academic and office space for use by LIU, with an additional three levels with separate entrances for the university to expand further. The residential component consists of 324 apartments, 98 of which will be affordable for middle-income households.

Residents will have access to nearly 15,000 square feet of indoor and outdoor amenities, including co-working areas, an indoor and outdoor covered fitness center, and outdoor terrace space.

The project marks the second time RXR has helped LIU expand its campus. In 2020, RXR provided a new athletic field and around 18,000 square feet of flex space for the college at the Willoughby, just around the corner from 89 Dekalb Avenue.

“We are thrilled to break ground today on our fourth residential building in the Brooklyn market and celebrate a strong long-standing partnership with Long Island University, demonstrating how such a partnership can unlock long-term value for educational institutions and deliver high-quality development for stakeholder communities,” Rebecca D’Eloia, Executive Vice President, Project Executive for Development at RXR, said.

“In the months ahead, we will develop a building that will be both a world-class, fully amenitized residence for Brooklyn’s growing community and a critical expansion for LIU. As a fully electric mixed-use building, 89 Dekalb will be prepared to meet the needs of residents, and the surrounding neighborhood, today.”

89 Dekalb Avenue marks RXR’s fourth building in Brooklyn and one of the first to be fully electric-powered. When it is completed, it will bring the total number of new housing units created by RXR in Brooklyn to roughly 1,500.

The project is expected to be completed by 2025.

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Bjarke Ingels’ terrace-wrapped office tower The Spiral opens in Hudson Yards https://www.6sqft.com/bjarke-ingels-the-spiral-office-tower-opens-hudson-yards/ https://www.6sqft.com/bjarke-ingels-the-spiral-office-tower-opens-hudson-yards/#comments Wed, 25 Oct 2023 15:28:37 +0000 https://www.6sqft.com/?p=173238

It’s BIG’s biggest yet. Bjarke Ingels Group on Tuesday announced the completion of The Spiral, a 66-story office tower in Hudson Yards. The skyscraper at 66 Hudson Boulevard measures 2.8 million square feet and rises just over 1,031 feet tall, making it the architecture firm’s first completed supertall. In addition to its soaring height, The [...]

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It’s BIG’s biggest yet. Bjarke Ingels Group on Tuesday announced the completion of The Spiral, a 66-story office tower in Hudson Yards. The skyscraper at 66 Hudson Boulevard measures 2.8 million square feet and rises just over 1,031 feet tall, making it the architecture firm’s first completed supertall. In addition to its soaring height, The Spiral stands out for its series of cascading terraces that wrap around the building, “like a 1,000-foot-tall vine at the scale of the city’s skyline,” as the architect described.

Photo of The Spiral’s lobby by Tommy Agriodimas

Developed by Tishman Speyer and designed by BIG in collaboration with Adamson Associates, The Spiral takes up a full block on Hudson Boulevard between West 34th and West 35th Streets.

From street level, the tower’s glass facade provides passersby a glimpse of the building’s bright lobby, which features artwork by Dutch studio DRIFT and foliage. The lobby incorporates seven different metals as a nod to the neighborhood’s industrial heritage and includes floor panels designed to resemble the concrete planks of the adjacent High Line.

The design takes inspiration from the elevated park, extending the greenery of the public space to the skyline.

“The Spiral punctuates the northern end of the High Line, and the linear park appears to carry through into the tower, forming an ascending ribbon of lively green spaces, extending the High Line to the skyline,” Ingels, founder and creative director of BIG, said.

“The string of terraces wrapping around the building expands the daily life of the tenants to the outside air and light. As the trees and grasses, flowers and vines have taken root over the last two summers, The Spiral is slowly becoming an ascending ribbon of green wrapping around the entire silhouette of the tower – like a 1,000-foot-tall vine at the scale of the city’s skyline.”

Shrinking in volume as it rises, The Spiral combines the classic setbacks of Manhattan skyscrapers with the efficient and sustainable materials of modern towers. Indoor-outdoor workspaces are made possible through atriums that are connected to terraces on every floor.

The landscaped terraces and hanging gardens wind around the tower in a spiraling motion to create a “continuous green ribbon” around the facade of the building. The building offers roughly 13,000 square feet of outdoor space planted with resilient greenery. Each side of the building has different plants, depending on sun orientation and endurance against high-velocity winds.

According to the architects, a landscape of this size has never been installed at or above 300 feet elevation in New York City.

“The Spiral pioneers a new landscape typology by bringing gardens to a high rise. Its continuous cascade of greenery from one level to another provides office spaces with a new vertical dimension of social and biophilic connectivity,” Giulia Frittoli, partner at BIG, said in a press release.

“Designed to strengthen collaboration and well-being, each terrace hosts plantings specific to the varying daylight, winds and temperatures at every floor of the tower. These gardens will welcome neighboring birds, bees and butterflies to expand New York’s biodiversity to the city skyline”

On the very top floor of the building is ZO Clubhouse, a gathering place with an open-air terrace, a private lounge, grab-and-go food and beverage options, and event space, all with sweeping city views.

As 6sqft reported earlier this year, The Spiral will also be home to two new dining concepts by Gabriel Kreuther, who will operate a full-service restaurant and an all-day cafe serving breakfast and lunch. A new Peruvian-Japanese restaurant from the owners of Llama San and Llama Inn will open on the tower’s 10th Avenue side.

The Spiral is up to 75 percent leased. Tenants include Pfizer, New York-Presbyterian Hospital, HSBC, Baker Tilly, AllianceBernstein, ProShares, Marshall Wace, Turner Construction, and Debevoise & Plimpton.

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RXR opens 27-story South Bronx rental with 200 apartments https://www.6sqft.com/rxr-opens-new-south-bronx-rental-maven/ https://www.6sqft.com/rxr-opens-new-south-bronx-rental-maven/#comments Tue, 24 Oct 2023 16:55:11 +0000 https://www.6sqft.com/?p=173217

Another residential development has opened in Mott Haven. RXR last week opened Maven, a new 27-story rental tower located on the South Bronx waterfront. Located at 2413 Third Avenue, the 145,643-square-foot building is the developer’s first project in the Bronx. Designed by CetraRuddy, the tower contains a total of 200 rental units, 60 of which [...]

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Another residential development has opened in Mott Haven. RXR last week opened Maven, a new 27-story rental tower located on the South Bronx waterfront. Located at 2413 Third Avenue, the 145,643-square-foot building is the developer’s first project in the Bronx. Designed by CetraRuddy, the tower contains a total of 200 rental units, 60 of which are affordable for middle-income households.

Maven is the first development in the Bronx from RXR. The firm has developed rental projects across the city, including 475 Clermont in Clinton Hill, 555 Tenth Avenue in Midtown West, Magnolia Dumbo, and The Willoughby in Downtown Brooklyn.

“Several years ago, after a critical rezoning, RXR saw a major opportunity to bring high-quality amenitized housing to the Mott Haven neighborhood, which has seen tremendous investment recently,” Joseph Graziose, Jr., Executive Vice President of Development Services at RXR, said.

“In keeping up with our philosophy ‘doing good and doing well means doing better,’ we’ve forged key relationships with local community non-profits and are extremely proud to continue supporting the crucial initiatives these organizations are moving forward.”

Maven includes a gallery space on the ground floor, a fitness center, a flexible common area, and electric vehicle charging stations. Residents also have access to a lounge with a chef’s kitchen, banquet seating, a yoga room, a game room with a pool table and large television screens, a media screening room with seating and a projector, and a spacious landscaped roof deck with gas grills, dining areas, and a lounge. The property is also pet-friendly.

The building offers a mix of one-, two-, and three-bedroom apartments, all of which feature stainless steel appliances, white oak flooring, matte black iron fixtures, glass and tile shower enclosures, built-in closets, and subway tiling, according to a press release.

Photos courtesy of Evan Joseph

The development also features 81 enclosed parking spaces, 721 square feet of retail space for local businesses, and a lobby art gallery with work created by renowned local and internationally known artists.

The gallery currently features a large-scale, one-of-a-kind group piece created by local Bronx graffiti artists Cope 2 and CRASH, as well as world-famous contemporary urban artists Mr. Brainwash, WRDSMITH, Bollee Patino, Fat Cap Sprays, Plastic Jesus, PhoebeNewYork, and Jimmy Paintz.

Photos courtesy of Evan Joseph

Plans for Maven were filed in April 2020, according to the Real Deal. RXR purchased the property from Somerset Partners earlier that year for approximately $23.7 million, which at the time was home to a five-story warehouse. The developer broke ground on the project in October 2021.

Mott Haven’s rise as one of the five boroughs’ most developed areas was influenced by a series of zoning changes made under Mayors Rudy Giuliani, Michael Bloomberg, and Bill de Blasio starting in the late 1990s. Since the rezoning, the neighborhood has seen the rise of many new developments, including the seven-tower Bankside complex, the Arches, and Bronx Point, home to the country’s first permanent hip-hop museum.

During the development of Maven, RXR made investments in the surrounding neighborhood, including the hiring of local residents. In May 2022, RXR worked with East Side House Settlement (ESH) to host a “Clothing for Careers” distribution event that gave out high-quality, business-casual clothing to more than 200 Bronx residents who were unable to afford it otherwise.

RXR also donated $100,000 towards the creation of ESH’s commercial teaching kitchen, which will allow the non-profit organization to greatly expand its food security program throughout the South Bronx. To further improve food security in the area, RXR has partnered with Grassroots Grocery to provide more than 1,100 prepared sandwiches to local community fridges in the South Bronx.

“More residents are looking for buildings that exemplify the best in standard of living but also honor the neighborhoods they’re in, and the Bronx is no exception. The borough has long been a vibrant melting pot of creative expressions, a quality embedded into Maven’s very fabric,” Jarrod Whitaker, Senior Vice President of Residential Operations at RXR, said.

A housing lottery for the 60 rent-stabilized units opened in August, with New Yorkers earning 130 percent of the area median income eligible to apply. The rental units were priced at $2,700/month for one-bedrooms, $3,235/month for two-bedrooms, and $3,500/month for three-bedrooms. The deadline to apply for an apartment is October 24.

Leasing for the market-rate apartments at Maven launched in September, with current availabilities starting at $2,987/month for a one-bedroom.

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Bronx Point phase one opens with 542 new homes and a waterfront park https://www.6sqft.com/bronx-point-phase-one-opens-with-542-new-homes-and-a-waterfront-park/ https://www.6sqft.com/bronx-point-phase-one-opens-with-542-new-homes-and-a-waterfront-park/#comments Fri, 20 Oct 2023 17:45:00 +0000 https://www.6sqft.com/?p=173013

The first phase of a major mixed-use development in the South Bronx has officially opened. Officials on Thursday unveiled 542 new units of affordable housing and a 2.8-acre waterfront public park now complete as part of the $349 million Bronx Point project. The development will also be home to the Universal Hip Hop Museum, which [...]

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The first phase of a major mixed-use development in the South Bronx has officially opened. Officials on Thursday unveiled 542 new units of affordable housing and a 2.8-acre waterfront public park now complete as part of the $349 million Bronx Point project. The development will also be home to the Universal Hip Hop Museum, which will open in 2025 as the first museum of its kind in the country.

Photo credit: Sylvester Zawadzki

Developed by L+M Development Partners, Type A Projects, Bronx Works, and the city of New York in a public-private partnership, the 22-story mixed-use development measures roughly 530,000 square feet. The development, designed by S9 Architecture, sits on a formerly vacant city-owned site on the Harlem River.

“Today’s ribbon cutting ceremony represents the next step forward in our complete reimagining of a once dormant site, and we look forward to welcoming our first residents to Bronx Point in the coming weeks,” Lisa Gomez, CEO and Partner at L+M Development Partners, said. “We are especially grateful to Type A Projects, The Hip Hop Museum, BronxWorks and our partners in city and state government for their crucial assistance in making the dream of Bronx Point a reality.”

A majority of the 542 homes that are now open were available to New Yorkers through a housing lottery that opened in May. According to the developer, more than 63,000 people applied to live at the development.

The apartments include 135 studios, 192 one-bedrooms, 122 two-bedrooms, and 93 three-bedrooms, priced between $465/month and $3,332/month. New Yorkers earning 30, 50, 80, and 120 percent of the area median income– or between $18,515 annually for a single person and $198,600 for a household of seven–were eligible to apply for the apartments.

Bronx Point residents have access to on-site laundry, a gym, a community center, outdoor space, a children’s playroom, a 24-hour attended lobby, and an outdoor terrace.

Also officially open is the new public park and esplanade designed by Marvel with Abel Bainnson Butz. The open space includes a new waterfront promenade with flood mitigation measures, a children’s play area, and a plaza at Exterior Street.

“Bronx Point symbolizes a culmination of collective vision in community-driven design. A design that not only meets the neighborhood’s active space needs but that also champions waterfront ecology, landscape, and education,” Yadiel Rivera-Diaz, Partner, landscape architect at Marvel, said.

“Now fully accessible and usable, the waterfront and new park seek to forge connections between residents and the Harlem River. Paying testament to the power of community, Bronx Point is a hub for learning, gathering, play, physical activity, and exploration for all ages and abilities. Marvel is elated to have played a role in this project, giving Bronx residents ‘a voice’ in its design and outcome.”

Construction on the project broke ground in January 2021 shortly. The second phase of the project includes the remaining apartments and the retail and community spaces.

The permanent home for the Universal Hip Hop Museum will open in 2025 on the ground level of the development. Exhibits will celebrate all things hip hop, which was invented in the Bronx in the 1970s.

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Major Willets Point development with NYC’s first pro soccer stadium enters public review https://www.6sqft.com/willets-point-development-with-nyc-soccer-stadium-public-review/ https://www.6sqft.com/willets-point-development-with-nyc-soccer-stadium-public-review/#respond Tue, 17 Oct 2023 19:56:17 +0000 https://www.6sqft.com/?p=172594

Plans for a 23-acre mixed-use development in Queens with thousands of affordable housing and New York City’s first professional soccer stadium are moving forward. The second phase of the Willets Point project entered the uniform land use review procedure (ULURP) on Monday, which puts the plan in front of the public for feedback before being [...]

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Plans for a 23-acre mixed-use development in Queens with thousands of affordable housing and New York City’s first professional soccer stadium are moving forward. The second phase of the Willets Point project entered the uniform land use review procedure (ULURP) on Monday, which puts the plan in front of the public for feedback before being voted on by the City Council. This phase includes 1,400 of the 2,500 total affordable homes, a new 650-seat public school, 40,000 square feet of public open space, retail space, a 250-key hotel, and the first-ever soccer-specific stadium in the city.

Announced by Mayor Eric Adams last November, the “Willets Point Transformation” proposal includes a total of 2,500 affordable apartments, which would make it the largest affordable housing project created in the city in 40 years. The first 1,100 of the 2,500 units have already been cleared in the ULURP process and construction is expected to break ground by the end of 2023.

Phase two includes 1,400 of the total affordable homes as well as a new 650-seat standalone public school, public open space, and the permanent home for New York City Football Club (NYCFC), according to the city’s Economic Development Corporation. The 25,000-seat stadium will be located across the street from Citi Field.

Developed by the soccer team, Related Companies, and Sterling Equities and designed by HOK, the stadium will feature a striking, “activated cube” entranceway, which will be illuminated on match days with vibrant colors and imagery to ensure a dynamic experience for stadium visitors, according to a press release. S9 Architecture and Turner Construction Company are design and construction partners on the project.

The project is expected to generate $6.1 billion in economic impact over the next three decades, creating 1,550 permanent jobs and 14,200 construction jobs.

“Today, we take a major step closer to creating 2,500 affordable homes — New York City’s largest fully affordable housing project in decades — while simultaneously creating 16,000 good-paying jobs to provide a true pathway to the middle class, right in the heart of Queens,” Adams said.

“With this plan, our administration is seizing a once-in-a-generation opportunity to create a brand-new neighborhood — a Willets Point that offers opportunity for working people and all New Yorkers. As we begin the land use review process, we look forward to building on our extensive engagement by continuing conversations with community members and building a true ‘City of Yes.’”

The seven buildings of affordable housing will anchor the new neighborhood, which will focus on pedestrian-centric urban planning principles, with pedestrianized common areas and space for small businesses and recreation.

A new rendering depicts the NYCFC mascot, The Piegon, on the outside of the stadium.

NYCFC, the 2021 MLS champions, will finance the stadium’s construction, which is projected to cost $780 million. The city will lease the land to the soccer team and the developers for 49 years, with the opportunity to extend the lease for 25 more years.

While the stadium will be privately financed, the owners will not have to pay real estate taxes for the duration of the lease, according to the New York Times.

The stadium is expected to open in 2027, a year after the 2026 FIFA World Cup is hosted by NYC and New Jersey.

“Queens and New York City need and deserve this transformational new community in Willets Point,” NYCFC Vice Chairman, Marty Edelman, said. “We promised our growing fan base we would build their home in the five boroughs, and with their continued enthusiastic support, we continue our journey to have that home as part of this unprecedented new housing community.”

Plans to redevelop the former dumping ground and industrial neighborhood have been in the works for decades. In 2007, former Mayor Michael Bloomberg announced plans for a mixed-use development that included apartments, offices, and a shopping mall, but ended up being stalled and eventually discarded because of a lawsuit.

In January 2019, Mayor Bill de Blasio revived the plan, announcing the addition of affordable housing to the project and a remediation of the site. Since the plan was revealed, a majority of the area’s more than 200 businesses have been evicted or bought out, according to the New York Times.

As part of the public process, the project will be reviewed by the local community board, the Queens borough president, the City Planning Commission, the City Council, and finally, the mayor.

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