Related Companies has announced that the London-based hospitality firm Rhubarb will take over operations for the public spaces at 30 Hudson Yards. The supertall tower will have a slew of amenities spread over 10,000 SF open to the public including restaurants and retail.
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Gamma Real Estate Confident Their Proposed 800' Sutton 58 Residential Tower Will Move Ahead
Gamma Real Estate is confident that their proposed 800' Sutton 58 residential tower designed by architect Thomas Juul-Hansen in Sutton Place, will move ahead despite the grandfathering clause included in the rezoning being shot down by the City Council Land Use Committee. The developer aimed to avoid rezoning as they are already 3-weeks from completion of excavation.
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Get A First Look at The Newly Revealed Rendering For Hudson Yards' 441 Ninth Avenue
The Cove Property Group and the hedge fund Baupost Group have revealed the first renderings for 441 Ninth Avenue in Hudson Yards. The new building will be a renovation of the existing 8-story structure built in 1962 with the addition of a 17-story framed glass upper section.
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Check-Out DNA Development's New "Jewel Box" Retail Project Adjacent to Rockefeller Center & Fifth Avenue
DNA Development is upping the retail game in Midtown as they have broken ground and are completing foundation work for their new "Jewel Box," a modern-lux retail project adjacent to Rockefeller Center and Fifth Avenue. The stand alone retail project is designed by Ennead Architects and provides a flagship retail opportunity located directly between Rockefeller Center and 5th Avenue
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Construction Update: Diller Scofidio + Renfro-Designed 15 Hudson Yards Begins to Show its Curves as Construction Reaches Upper Floors
15 Hudson Yards has just begun to get its curves and change the Midtown skyline as the Diller Scofidio + Renfro-designed residential skyscraper has reached nearly 3/4 of the way to top-off. 15 Hudson Yards will rise 917', 71-stories, along with a "culture shed," which will serve as the neighborhoods main event space.
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Construction Update: Behind-The-Scenes at SL Green's, Grand Central Station Hugging Supertall One Vanderbilt
Construction is cruising at SL Green's One Vanderbilt, their new supertall office-tower adjacent to Grand Central Station in Midtown. Construction at One Vanderbilt progressing smoothly as the steel superstructure has gone vertical after breaking ground in October 2016. One Vanderbilt will rise 1,401', 58 floors, and was designed by Kohn Pedersen Fox (KPF).
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Hudson Yard's 3 Hudson Boulevard Loses Supertall Designation in Height Reduction, Breaks Ground
Hudson Yards' 3 Hudson Boulevard has broken ground today (November 3, 2017) after the planned tower lost its future supertall designation. A recent height reduction brought the future office tower's height to 940' and 53 floors, down from 1,050' and 66 floors.
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Check-Out the Snøhetta-Designed Proposal To Revamp to 550 Madison Avenue Which Is Already Causing Drama
Since Sony left 550 Madison over a year ago, the Philip Johnson-designed, iconic postmodern office tower has sat mostly vacant. First there was the failed plans by the Chetrit Group to convert the buildings in a condo tower, followed by the $1.4 billion sale of the property to Olayan America in May 2016.
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Details Revealed On The Multi-Million Dollar Condos at Vladislav Doronin's Aman New York
Vladislav Doronin's Aman New York has released new info on the planned condominium part of the luxury hotel project in the Crown Building. The condo portion of the development will start on the 11th floor and pricing will start at $5.9 million for a 1-bedroom, 1,149 SF unit.
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Hudson's Bay Company To Sell Landmark Fifth Avenue Lord & Taylor Building To WeWork
The landmark Lord & Taylor Building on Fifth Avenue is set to become the new WeWork Headquarters. In a deal valued at $850 million, Lord & Taylor's parent company, Hudson's Bay Company, will sell the iconic building to the 7 year old, co-working office space venture, as pressure on retail continues in the ever changing retail marketplace.
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Construction Update: L&L Holding Company Tops Out The Kohn Pedersen Fox-Designed 390 Madison Avenue
L&L Holding Company has officially topped off their 32-Story redevelopment Of 390 Madison Avenue in Midtown East. The building has been expanded from 24 floors and 291' to now rise 32 floors and 373'.
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The Jean Nouvel-Designed 53W53 Releases New Renderings Including Theirry Despont-Designed Interiors
53W53 has released new renderings of both the Jean Nouvel-designed exterior and Theirry Despont-designed interiors as construction has reached the 58th floor. 53W53 features 145 residences which range in size from 1-to-5 bedrooms, including full floor homes and duplex penthouses with private elevators.
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Sheldon Solow Reveals New Rendering of Hill West-Designed 7 West 57th Condo Tower
Sheldon Solow has revealed the first renderings of his new condominium tower located at 7 West 57th Street, next door to his iconic 9 West 57th Street. 7 West 57th is designed by Hill West Architects and will rise 237', 19-floors, and will feature 16-condominium units.
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Construction Update: Check-Out An Exclusive Behind-The-Scenes Look at Construction as 53W53 Reaches the 58th Floor
53W53, formerly known as The MoMA Tower and designed by Pritzker Prize winning architect Jean Nouvel, has released new construction update photography as work on the tower has reached the 58th floor. 53W53 will top-out at 1,050' on the 82nd floor.
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Featured Listing: Canadian Fashion Mogul Lawrence Stroll Lists One57 Pad for $70 Million
Lawrence Stroll, the multi-billionaire fashion-mogul behind the Michael Kors IPO in 2011 and father of Formula 1 driver Lance Stroll, has listed his One57 pad for $70 million. Stroll first purchased the 85th floor unit in 2014 for $55.6 million.
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The Ritz-Carlton's "Versailles in The Sky" Finally Sells $25 Million
The Ritz-Carlton's ‘Versailles in The Sky’ has finally sold for $25 million, close to a 50% discount off of the original list price of $50 million in 2012. The unit was owned by Financier Howard Marks who will move into his 740 Park Avenue Co-Op which he purchased for $52.5 million in 2012.
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Amazon Leases Space at 5 Manhattan West as Headquarters For Amazon Advertising
Amazon announced Thursday (September 21) that it has signed a 15-year lease at 5 Manhattan West for their Manhattan headquarters for Amazon Advertising. The lease covers 360,000 SF at Brookfield Property Partners’ 5 Manhattan West and will serve as part of Amazon's commitment to bring 2,000 new jobs to New York City over the next 3 years.
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Related Companies Drops Their First Penthouse Listing at 15 Hudson Yards For $32 Million
Related Companies has dropped their first penthouse listing at the currently under construction 15 Hudson Yards. Unit 88B is now available for cool $32 Million and the unit is one of four penthouses that sit at the skyscraper which will rise over 99'. 88B is a duplex that covers 5,161 SF spread over 4 bedrooms, 6.5 bathrooms.
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Featured Listing: Hang-Out in Legendary Basketball Coach Phil Jackson's Newly Listed Billionaires' Row Co-Op
Legendary basketball coach Phil Jackson has listed his Billionaires' Row co-op for $4.95 million. He originally purchased the unit, which is located in The Osborne, in 2014 for $4.85 million. The residence is 3 bedrooms and 3 bathrooms spread over 2,600 SF.
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Neiman Marcus Downsizing Their Future Flagship Store in Related Companies' Hudson Yards
Neiman Marcus has announced that they are going to downsize their future flagship store at Related Companies' Hudson Yards. The retailer had originally planned on building out 250,000 SF as the anchor store for the 1 million SF complex. It now is reported that Neiman Marcus is looking at cutting out between 10,000 and 70,000 SF from their original plan. The retailer has reported 7 consecutive quarters of declining sales and has been struggling with matching online competition and decreased foot traffic in malls. Earlier this year it was reported that Related Companies and Neiman Marcus were discussing Related Companies taking an ownership stake in the retailer, which is owned by Private Equity firms Ares Management and Canada Pension Plan Investment Board. Neiman Marcus also owns Bergdorf Goodman. Hudson Yards is 70% leased and is expected to be completed in 2019.
