Image via Hedges Inn
The historic Hedges Inn in East Hampton has officially changed hands, much to the relief of local residents who were concerned about its potential transformation into a private club. The new owners, Andrew and Sarah Wetenhall, who are also part-time residents in the area, have taken over the property located at 74 James Lane.
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Demolition is underway on Billionaires’ Row at at 41-47 West 57th Street in Midtown, Manhattan for Sodesco’s new 63-story mixed-use supertall skyscraper designed by OMA Architects. The 1,100-foot tower will feature 119 luxury condominium units averaging 1,992 square feet, a 158-room hotel, and a 10,212-square-foot restaurant.
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Faena, the renowned luxury hotel group known for its unique blend of luxury, artistry, and cultural immersion, will be breaking into the Big Apple with its upcoming opening of Faena New York late this spring at Witkoff’s One High Line.
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Clean Science Solutions, a New York City-based real estate proptech firm that specializes in commercial solutions to purify air and sanitize surfaces, has completed an 18 month field study demonstrating that the technology effectively sanitizes air and surfaces from bacteria, viruses, mold, VOCs, smoke and odors.
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Following a sustained five-month leasing frenzy, 90 Columbus has hit the 75% leased mark in downtown Jersey City. More than 400 of the 539 luxury apartments have been rented in the 51-story tower since coming to market in November, according to developers Ironstate Development Company and Panepinto Properties, which tapped The Marketing Directors to oversee its leasing program.
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The American Museum of Natural History is gearing up to begin construction on their new Richard Gilder Center for Science, Education, and Innovation, on their Upper West Side campus. Construction had been stalled due to litigation after community groups attempted to block the project which will be built on a quarter-acre portion of land from the existing Theodore Roosevelt Park.
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Tangram House West, the highly anticipated new condominium and final piece of Tangram, the transformative 1.2 million square foot mixed-use development redefining the lifestyle of Flushing, Queens, has officially topped out at 13 stories, with sales slated to launch late this spring.
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Nortco Development has unveiled new renderings of their Issac & Stern Architects-Designed Eleven Hancock Place. Located in Harlem between Morningside Avenue and 124th Street, the mixed-use project will feature 130,000 SF of total development offering both retail targeting big-box retailers and a residential portion offering condominiums.
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The Amberly, Downtown Brooklyn's new 33-story luxury rental tower, has revealed Brooklyn’s most Instagrammable new view which includes sweeping vistas of seven bridges and the soaring skylines of two entire boroughs, all seen from The Overlook, the sprawling sky-high lounge perched atop the building, in addition to the full suite of amenities.
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The ODA-designed conversion of 10 Jay Street is powering towards completion in DUMBO, Brooklyn. The property, which was landmarked in 2007 in the DUMBO historic district, was first built in 1898 as the Arbuckle Brothers Sugar Refinery before later being converted into a winery in 1925.
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The C3D-designed 76 Bowery Street has topped off in Chinatown at Diamond Corner and construction teams will begin installing the glass curtain wall as the building is powering towards completion. The building rises 8 stories, 85’, and will feature 14,488 SF of office space.
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Construction on the new Tvsdesign-designed 1.2 million SF expansion of the Jacob K. Javits Center is cruising along adjacent to the newly opened Hudson Yards mega-project. The expansion of the convention center which is located on Manhattan’s West Side will cost around $1.5 billion and will expand the existing facility to over 3.3 million SF.
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The Hudson Yards neighborhood has officially opened to the public, marking a historic moment for New York City. The mega-development has already contributed more than $10 billion to New York City’s GDP through construction. Hudson Yards developers Related Companies and Oxford Properties Group were joined by U.S. Senate Minority Leader Charles E. Schumer, Congressman Adriano Espaillat, Congressman Jerrold Nadler, ctnd.
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SCG America and F&T Group have announced that Marriott’s Renaissance Hotels has been selected as the brand flag for the 208-key hotel within Tangram, their 1.2-million-square-foot, mixed-use development that seamlessly blends where people live, work and play as the new epicenter of Flushing, Queens.
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SL Green Realty and Giorgio Armani Corp. have filed permits to redevelop Giorgio Armani’s flagship store with a boutique luxury condo designed by COOKFOX Architects with interiors by Armani/Casa at 760 Madison Avenue.
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In the face of mounting local opposition Amazon has pulled out of its deal to bring their second headquarters to New York City. After months of sifting through pitches from cities vying to welcome Amazon’s HQ2 to their city, Amazon chose to open in two locations, being New York City’s Long Island City and Washington D.C.
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Morris Adjmi Architects has revealed a new rendering of their proposed mixed-use design for 32 West 8th Street in Manhattan’s Greenwich Village. The proposal will go before New York City’s Landmarks Preservation Commission for approval to demolish the existing one-story commercial structure on the site.
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PYE Properties has revealed their plans to restore and expand the historic Coney Island Shore Theater at 1301 Surf Avenue in Brooklyn. The theater was originally completed in 1925 has been vacant since 1973. PYE Properties plans to expand and convert the existing structure into a 7-story boutique hotel designed by Gerner Kronick + Valcarcel Architects.
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Leading real estate development companies F&T Group and SCG America have announced that American cinematic powerhouse Regal, operator of the second-largest theatre circuit in the United States, has signed a lease to occupy its 34,000 SF multiplex within Tangram, the new 1.2 million-square-foot, mixed-use development in Flushing, Queens.
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The Chrysler Building is now for sale as the owners, the Abu Dhabi Government Fund and Tishman Speyer, have hired CBRE to market the building. The Abu Dhabi Government Fund acquired 90% of the building in 2008 and Tishman Speyer has spent over $100 million on improvements since they acquired the tower in 1997.
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