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NYguy

Nov 14, 2014 1:15 AM

NEW YORK | 606 West 30th Street | 637 + 545 FT | 58 + 42 FLOORS

http://www.nydailynews.com/life-styl...icle-1.2010418

Major New York City developer wants to build giant rental tower near Hudson Yards
Jeff Levine's Douglaston Development has inked a contract to lease a whole blockfront in the West 30s

http://assets.nydailynews.com/polopo...n14f-2-web.jpg

November 13, 2014

Quote:

The Hudson Yards area may be getting yet another high-rise tower, depending on whether the city plays ball.

Major New York City developer Jeffrey Levine has inked a contract to lease a massive site on 29th St. and 11th Ave. from a family that's owned it for more than a century, the Daily News has learned. But his ability to build on the site rests on whether the city will grant an upzoning, permitting him to build taller than current zoning law allows.

Levine, who already owns a 34-story rental tower across the street at 312 11th Ave., wants to bring a new rental tower to the 62,000-square-foot L-shaped lot.

The development site, which comprises an old Mobil gas station, a gallery and several small brick buildings, runs the entire length of 11th Ave. between 29th and 30th Sts. and encompasses nearly 40 % of the entire city block. Under the terms of the deal, Levine's Douglaston Development would head up construction of the tower and lease the site for 99 years, while the family would retain ownership of the land beneath.

Levine's deal for the site is contingent on the upzoning and how much he pays for the lease will ultimately rest on just how high the city allows him to build. The going rate for similar deals in the neighborhood is north of $300 per buildable square foot, experts said.

Levine declined to confirm the details of the deal, but a source close to the transaction said the mogul is "optimistic" about his chances of getting the zoning change.

Developers have been lining up to grab the site, which is in the up-and-coming Hudson Yards area on the west side.

The site is a skip and a jump from the Related Companies' Hudson Yards megaproject, a $20 billion residential and commercial development comprising 16 skyscrapers at the site of the West Side rail yard in the West 30s.

Douglaston is the development company behind the Edge condominiums in Williamsburg and the Zinc Building in Tribeca.

http://assets.nydailynews.com/polopo...b.jpg?enlarged

Perklol

Nov 14, 2014 1:26 AM

Not a good idea right in flood zone 1. Exciting but at risk in the foreseeable future.

NYguy

Nov 14, 2014 1:23 PM

Quote:

Originally Posted by Perklol (Post 6806829)

Not a good idea right in flood zone 1. Exciting but at risk in the foreseeable future.

Yeah, that entire Hudson Yards district, and the apartments rising in the area, not a good idea...:rolleyes:

aquablue

Nov 14, 2014 5:42 PM

Well, if flooding is a risk, they need to do something about it soon. A barrier is needed for the future as you can't just allow that real estate to lie dormant in Manhattan.

Perklol

Nov 15, 2014 12:52 AM

Quote:

Originally Posted by aquablue (Post 6807609)

Well, if flooding is a risk, they need to do something about it soon. A barrier is needed for the future as you can't just allow that real estate to lie dormant in Manhattan.

Agree but funding is an issue and real estate developers think it will happen overnight. :rolleyes:

and people are too busy with Kim Karshina or brittney spears :runaway:

chris08876

Nov 15, 2014 1:29 AM

Quote:

Originally Posted by Perklol (Post 6808313)

and people are too busy with Kim Karshina or brittney spears :runaway:

Ah, the average American. :haha:

In terms of flooding, most likely they will figure out a solution once it occurs more. For some reason, people don't learn from the past. That flood barrier will start to make more sense for example once another big storm hits. And it will... just a matter of when. But I wouldn't worry. This area will be fine. This is Manhattan where talking about. While most of the city in a big storm will lose power, this island will be light because the city cares about it more. Its the truth. The wealthy areas will be okay, but for non-wealthy, better get a candle.

NYguy

Nov 15, 2014 1:43 AM

As New York is a city completely surrounded by and in water, the building code reflects that.

If you want to read up on that, it's found here...
http://www.nyc.gov/html/dcp/html/flo...cy/index.shtml

An ongoing discussion on future flooding issues can be found here...
http://forum.skyscraperpage.com/showthread.php?t=202269

For any specific information regarding the proposed tower on this site, obviously post here.

Crawford

Nov 15, 2014 9:16 AM

Quote:

Originally Posted by aquablue (Post 6807609)

Well, if flooding is a risk, they need to do something about it soon. A barrier is needed for the future as you can't just allow that real estate to lie dormant in Manhattan.

Flooding is not really an issue in newer buildings. The city already requires generators and vital mechanicals above the 1000 year floodplain.

When Sandy occurred, newer buildings were mostly unaffected. Old buildings were hard-hit.

Crawford

Nov 15, 2014 9:18 AM

Quote:

Originally Posted by NYguy (Post 6806818)

http://www.nydailynews.com/life-styl...icle-1.2010418

And That Daily News article sounds promising.

"Giant tower". Perhaps yet another supertall for Hudson Yards?

NYguy

Nov 17, 2014 9:08 PM

http://jewishbusinessnews.com/2014/1...-hudson-yards/

Jeffery Levine Plans Another Luxury Tower At Hudson Yards

By Noam Meir
November 17, 2014

Quote:

New York City developer Jeffrey Levine’s Douglaston Development is planning on adding another skyscraper to Manhattan’s Hudson Yards development. Douglaston has contracted to lease a lot next to Hudson Yards for a new rental apartment tower.

The site, a 62,000 square foot L-shaped lot, is located along the length of 11th Ave between 29th and 30th streets. According to the New York Daily News Levine’s Douglaston Development would head up construction of the tower and lease the site for 99 years.

But there is a hitch in Mr. Levine’s plans. He would need to get the approval of New York City to build higher than current zoning laws allow.

Meanwhile, Levine has taken a firm position on whether New York is facing a housing bubble. He told Crain’s that the group of people who can afford to buy in the types of buildings that are being constructed in that city is just a small fraction of the city’s total residential population. He feels that fewer than 200,000 people make enough money to justify spending $3 million on a condo.

“I’m somewhat concerned, even with the meager 10,000 units [being produced annually], that supply and demand will start to level out, and you will see a flattening, not a falling, of condo prices,” he said.

That being the case one wonders why he is so interested in building yet another luxury tower in Manhattan and one so close to another such building that he already owns at that. Levine owns a 34story rental tower across the street from his new proposed project at 312 11th Ave.

NYguy

Nov 25, 2014 12:37 PM

However large a residential development this is, it will fit in with the rapidly developing area...

November 24, 2014

http://www.pbase.com/nyguy/image/158347070/original.jpg

http://www.pbase.com/nyguy/image/158347073/original.jpg

Perklol

Nov 26, 2014 5:47 PM

A fine addition to the HY area. It will add vibrancy to a new neighborhood and the popular High Line Park will surely attract residents to this area.

SkyscrapersOfNewYork

Nov 26, 2014 6:52 PM

Quote:

Originally Posted by Perklol (Post 6821934)

Of course. It fits in well with 15 ft surge from Hurricane Sandy :cheers:

Didnt NYguy tell you to stop?

chris08876

Apr 17, 2017 10:13 PM

Douglaston Development looks to build 1.1M sf project near Hudson Yards :cheers:

Quote:

Douglaston Development is looking to buy more than 150,000 square feet of air rights from the Hudson River Park Trust for a planned 1.1 million-square-foot, mixed-use development south of Hudson Yards.

Jeffrey Levine’s development company is looking to rezone properties it owns on the block west of 11th Avenue between West 29th and 30th streets, Politico reported. At the same time, the firm wants to purchase to sets of development rights from Hudson River Park totaling just a little more than 150,000 square feet.

Douglaston wants to build a pair of towers with up to 1,230 new apartments, 20 percent of which would be set aside as affordable housing under the city’s mandatory inclusionary housing program. One would be a 62-story building with 990 units and 15,000 square feet of retail at 601 West 29th Street, while the other would be planned as a 32-story mixed-use building with 206 units at 606 West 30th Street. :cheers:

Chelsea City Councilmember Corey Johnson, who will play a key role in either approving or denying the project, said he’s keeping an open mind.
“It’s a complicated project. It’s the site that the Gateway tunnel runs immediately under when it comes into Manhattan,” he said. “I’m not opposed to it, but like any of these projects that are complicated, the details really matter. So there’s still a lot of work to do, but I’m not opposed to the housing on the site and I think it’s a good opportunity to get affordable housing and to get money for the Hudson River Park.”

Funds from the sale of the air rights could go toward building a pair of esplanades in the park. The City Planning Commission scheduled a hearing on the air rights sale for May 17.

========================
https://therealdeal.com/2017/04/17/d...-hudson-yards/

chris08876

Apr 17, 2017 10:21 PM

NYguy

Apr 17, 2017 11:23 PM

Cool. I'll be out of town until next week, but good to see the good news still coming.

NYguy

Apr 28, 2017 12:41 AM

From the Draft Scope...

http://m8.i.pbase.com/o10/06/102706/...x2DUNg9.d1.JPG

http://m0.i.pbase.com/o10/06/102706/...FuDAppi.d2.JPG

http://m1.i.pbase.com/o10/06/102706/...nC8SrzQ.d3.JPG

http://m2.i.pbase.com/o10/06/102706/...B29bIoC.d4.JPG

http://m3.i.pbase.com/o10/06/102706/...jTXNVGT.d5.JPG

http://m5.i.pbase.com/o10/06/102706/...ulamp07.d6.JPG

chris08876

Jun 13, 2017 10:50 PM

NEW YORK | Block 675 Redevelopment | 700 + 508 FT | FLOORS

First Look At Block 675 Redevelopment In Hudson Yards, 601 West 29th Street And 606 West 30th Street

http://newyorkyimby.com/wp-content/u...1.43.51-PM.png

http://newyorkyimby.com/wp-content/u...PM-777x977.png

Quote:

Hudson Yards is making major progress, with Related’s core redevelopment over the Eastern Yards now racing towards completion. While progress on the Western Yards is still a few years away, another large site on the southern side of West 30th Street is set for an impressive transformation from under-used retail and industrial buildings into a two-towered residential and commercial project that will top-out 700 feet above street level.

http://newyorkyimby.com/wp-content/u...0.38.32-PM.png

Quote:

The plans come from preliminary scoping documents filed with the city, which indicate that the two towers would have a combined 1,196 residential units, and nearly 40,000 square feet of commercial space. The larger tower would front onto Eleventh Avenue, taking up the entirety of the block front between 29th and 30th Streets, while the smaller building would face onto 30th Street.

FXFowle is designing the larger tower comprising Site A, and Ismael Leyva Architects submitted plans for Site B. The developers behind the plans are currently behind two LLCs, entitled “DD West 29th Street LLC” and “West 30th Street LLC,” though YIMBY has learned that Douglaston Development is behind Site A. The entirety of the redevelopment would add approximately 1.15 million square feet to the lots included in the scoping documents, and just under 250 parking spaces.

http://newyorkyimby.com/wp-content/u...0.38.18-PM.png

Quote:

The air rights for the project will come from Chelsea Piers, under the Special Hudson River Park District. The Hudson River Park Act created the Park in 1998, and additional provisions signed by Governor Cuomo in 2013 allowed the Park to sell development rights to sites up to one block east of the Park, though transfers require City Approval pursuant to Zoning Resolutions.

The Special Hudson River Park District was then created in 2016. The first site to take advantage of the transfer of development rights from the Park is the massive building at 550 Washington Street, which is imminently going to be razed and transformed into a substantial mixed-use development, thanks to the abundance of FAR offered by Pier 40.

As for the latest applicants, a tentative completion date of 2021 is specified in the scoping documents, though various hearings and approvals are required before that will become feasible. In any case, the opportunity presented by the ribbons of red tape resulting in these newly-available air rights will greatly benefit the West Side, especially the stretch south of 30th Street, which remains forlorn despite the immense progress just to the northeast. The site is also relatively close to the new 7-Train stop at 34th Street and 11th Avenue.

==========================
NYY

ILNY	Jun 14, 2017 4:48 AM

https://c1.staticflickr.com/5/4278/3...e1254d6c_h.jpg

Submariner

Jun 14, 2017 3:49 PM

Nice to see. It's too bad that this isn't a full block redevelopment, but nice none the less.

antinimby

Jun 15, 2017 1:34 AM

^ You don't want one building taking up a whole block. You want buildings with small footprints, for walkability, variability, diversity and better urban form.

chris08876

Dec 5, 2017 11:26 PM

New Details For 62-Story Multi-Tower Block 675 Redevelopment, Hudson Yards

https://newyorkyimby.com/wp-content/...5-1024x800.png

Quote:

The site sits on the corner of 30th Street and 11th Avenue, and there, Douglaston Development and Lalezarian Properties want to use air rights transferred from Chelsea Piers via the Special Hudson River Park District to build over 1,200 apartments. Now, we have some fresh renderings, a clearer look at Tower B, and the latest figures for the still-growing proposal, which consists of two towers being designed by FXFOWLE and Ismael Leyva Architects.

The site’s addresses are 601 West 29th Street and 606 West 30th Street, but it takes up the entire northeastern side of the block to the southwest of the High Line’s westward-most jaunt, at 30th Street. While the location was formerly remote by Manhattan standards, it enjoys relative proximity to the new 34th Street stop for the 7 train, and with the new towers rising along Hudson Boulevard to the east, its potential is now enormous.

Accordingly, the plans show two large towers, one standing 62 floors and designed by FXFOWLE, and the other 37 floors, with Ismael Leyva serving as architect.

Tower A’s breakdown is described by the city as follows:

“…up to 905,000 gsf of residential uses (up to 990 units); up to 15,000 gsf of retail uses; up to 21,000 gsf of accessory parking (up to 198 spaces); and up to 6,500 gsf of bicycle parking (proposed project A). The building may also include approximately 12,500- gsf to be occupied by a FDNY-EMS station.”

As for Tower B:

“…an approximately 262,292 gsf (including cellar, parking and mechanical space), 37-story primarily residential mixed-use building with a two-story base (see Figures 1-14 through 1-16). The maximum envelope height for the tower would be approximately 520 feet (not including the building’s mechanical bulkhead). The tower would be set back approximately 15 feet from the base. It would include approximately 200,327 gsf of residential space (Use Group 2), approximately 22,458 gsf of commercial space (Use Group 6) (including 8,488 sf of cellar level back of house and retail storage space), and 39,507 sf of other uses (including parking/mechanical with 47 parking spaces). Approximately 219 residential dwelling units would be developed.”

https://newyorkyimby.com/wp-content/...E-689x1024.png

https://newyorkyimby.com/wp-content/...l-726x1024.png
=======================
NYY

Prezrezc

Dec 6, 2017 5:15 PM

NEW YORK | Block 675, Hudson Yards | 695 & 529 FT(?) | ? FLOORS

This might have been brought up before; but NY Yimby from yesterday has the latest on a multi-tower development located at the periphery of the HY complex.

This is not a part of Phase II, just to clarify.

The heights are based on the main diagram.

The Article:

https://newyorkyimby.com/2017/12/new...son-yards.html

chris08876

Dec 6, 2017 7:14 PM

There's an existing thread for this project here: http://forum.skyscraperpage.com/showthread.php?t=214217

NEW YORK | 309 11th Ave | 701 FT / 507 FT | 62 + 32 FLOORS

Prezrezc

Dec 6, 2017 8:26 PM

Thank you.

chris08876

Jan 26, 2018 11:56 PM

https://discourse-cdn-sjc1.com/busin...6165fd9792.jpg
Credit: JC_Heights

Zerton

Jan 27, 2018 12:08 AM

I hope they will integrate the Doug/Lelaz bases a bit better.

yankeesfan1000

Mar 10, 2018 12:38 AM

JC_Heights on Yimby :

https://discourse-cdn-sjc1.com/busin...1_666x500.jpeg

Busy Bee

Mar 10, 2018 2:06 AM

Quote:

Originally Posted by Zerton (Post 8062786)

I hope they will integrate the Doug/Lelaz bases a bit better.

I agree. It looks the the definition of ham fisted.

yankeesfan1000

Jun 21, 2018 12:43 AM

West Chelsea development with 1,200 apartments is close to approval

"A massive residential development just south of the Hudson Yards megaproject has received the nod of approval from the City Council’s subcommittee on zoning and franchises...

... The full City Council is expected to vote next week to seal the fate of this massive West Chelsea project."

antinimby

Jun 21, 2018 3:28 PM

Good news.

Are the rest of the block’s air rights (western part) used and forever remain lowrise?

chris08876

Jun 29, 2018 9:46 PM

West Chelsea development with 1,200 apartments gets City Council approval :cheers:

Quote:

The City Council has given its approval for the transfer of air rights from a set of piers located along Hudson River Park, in Chelsea, which will enable a couple of developers to create 1,200 apartments just south of Hudson Yards. Crain’s first reported on the approval, which now allows the developers to move forward with construction. Read on below for more details.

A massive residential development just south of the Hudson Yards megaproject has received the nod of approval from the City Council’s subcommittee on zoning and franchises, Politico reports.

Developers Douglaston Development and Lalezarian Properties want to bring a total of 1,200 apartments to 601 West 29th Street and 606 West 30th Street, respectively. In order to do that, these sites need to be zoned residential, and in order to build at the scale the developers want, they’re trying to purchase unused air rights from Chelsea Piers through the Special Hudson River Park District. For the project to move forward, it now needs the approval of the full City Council.

As plans stand right now, Douglaston has brought on FX Collaborative (formerly FXFOWLE) to design a 62-story building at 601 West 29th Street with 990 apartments. Lalezarian has contracted Ismael Levya Architects to design a 37-story building with approximately 220 apartments. Of the 1,200 or so units, about 300 will be affordable, and 247 of these will be located in Douglaston’s building. Both towers are located between Eleventh and Twelfth Avenues.

In addition to the apartments, both sites will have also have retail and parking. The larger of the two buildings will also have space for an FDNY-EMS station. Funds from the air rights sale will allow the Hudson River Park Trust to carry out renovations on the Chelsea Waterside Play Area, among other parts of the park.

In February this year, CityRealty reported that the developers had commenced preliminary demolition work at the site. The full City Council is expected to vote next week to seal the fate of this massive West Chelsea project.

=======================
NYCurbed

sbarn

Jul 2, 2018 1:16 PM

Great news! I wonder what's proposed what for the rest of the block (??).

chris08876

Jul 2, 2018 4:13 PM

City Council OKs $52M air-rights deal for Hudson River Park: Developers can boost density of nearby apartment towers

http://www.crainsnewyork.com/apps/pb...-180629885.jpg

Quote:

The City Council on Thursday approved a rezoning and air-rights sale that will net the Hudson River Park Trust $52 million and allow the buyers to boost the size of their residential projects across the West Side Highway.

The 4-mile Hudson River Park encompasses several commercial piers that are zoned for development. But rather than build to the maximum, the operating trust has opted to sell off some of the square footage to nearby development parcels and use the proceeds to fund improvements.

In this case, the trust will offload 158,000 square feet of development rights associated with three piers between West 17th and West 22nd streets —currently leased by the Chelsea Piers Sport & Entertainment Complex—to Douglaston Development and Lalezarian Properties. The two firms own separate sites on the block across from the park, between West 29th and West 30th streets and had sought the city's approval of the air-rights transaction and a rezoning to boost the size of their projects.

Douglaston's project will rise around 600 feet and contain roughly 1,000 apartments, retail space and an EMS facility, while Lalezarian's development will house around 200 units and 13,000 square feet of commercial space.

========================
Crain's

chris08876

Sep 13, 2018 12:56 PM

Permits Filed For FX Collaborative’s 58-Story 601 West 29th Street, Adjacent To Hudson Yards

https://newyorkyimby.com/wp-content/...18-777x493.jpg

https://newyorkyimby.com/wp-content/...0.38.08-PM.png

Quote:

Permits have been pre-filed for a 58-story tower at 601 West 29nd Street in the Hudson Yards district of Manhattan. The skyscraper, which will share block 675 in Manhattan with a second structure, was first announced in the summer of 2018, with renderings just coming out this June. Douglaston Development will be responsible for the project.

The details for the rising tower are impressive, yielding 730,000 square feet of residential space, and 9,300 square feet of ground floor retail. 931 apartments will be created, averaging 780 square feet apiece, indicating rentals. The scale benefits from a 123,000 square foot air rights transfer from Chelsea Piers.

A long list of amenities will be made for residents, according to the permits. These amenities will include a lobby, fitness center, sports simulation room, music room, and a potential public terrace on the second floor with retail. The sixth floor will have a residents-only terrace with a lounge and an outdoor pool. The 40th floor will have a garden terrace connected to a library.

Demolition permits were filed for the existing structure in May of this year. The building had been the studio of famed kitsch artist Jeff Koons. Completion is expected by 2021.

======================
NYY

yankeesfan1000

Sep 14, 2018 1:07 AM

Also today, the HY is getting another, totally separate 51 story rental building. Does this have a thread?

NYguy

Mar 4, 2019 3:56 PM

Quote:

Originally Posted by yankeesfan1000 (Post 8314057)

Also today, the HY is getting another, totally separate 51 story rental building. Does this have a thread?

http://skyscraperpage.com/forum/show....php?p=7350461

NYguy

Mar 4, 2019 3:58 PM

https://therealdeal.com/2019/03/04/l...-hudson-yards/

Lalezarian Properties planning new 260-unit building in Hudson Yards
Tower at 606 West 30th Street to stand 45 stories tall

By Eddie Small
March 04, 2019

Quote:

Lalezarian Properties is planning to build a 45-story, 260-unit mixed-use tower at 606 West 30th Street, according to plans pre-filed with the Department of Buildings.

The mixed-use property would span more than 200,000 square feet, split between about 193,000 square feet of residential space and 14,000 square feet of commercial space. It would stand 545 feet tall.

All units will be rentals and split between 75 percent market rate and 25 percent affordable units, according to Lalezarian.

Quote:

Douglaston is planning a 62-story building with 931-plus apartments at 601 West 29th Street.

Lalezarian purchased the site from the family of late real estate investor Anita Butensky Katzman in 2015 for $36 million. The property is in Hudson Yards, where the firm has several other projects. These include a 38-story apartment building west of 10th Avenue between 36th and 37th streets and three rental buildings west of 10th Avenue between 28th and 29th streets. The company recently landed a $220 million refinancing package for those properties.

Busy Bee

Mar 4, 2019 4:08 PM

Please let it not be glass

jsbrook

Mar 4, 2019 4:20 PM

Quote:

Originally Posted by Busy Bee (Post 8493713)

Please let it not be glass

Agreed...I'd love to see Phase II and the buildings otherwise developing near Hudson Yards bring some architectural diversity.

chris08876

Mar 8, 2019 4:14 AM

Permits Filed For 45-Story Tower At 606 West 30th Street In Chelsea

Quote:

Permits have been filed for a 45-story mixed-use tower at 606 West 30th Street in Chelsea, Manhattan. Located between 11th Avenue and 12th Avenue, the interior lot is close to the 34th Street-Hudson Yards Subway Station subway station, serviced by the 7 train. Lalezarian Properties is listed as the owner behind the applications. In 2015, they acquired the warehouse on the property for $36 million.

Last year, plans filed for the building included 42 floors, with 252 residential units and 54 parking spaces. New permits are by the same architect of record, Ismael Leyva Architects. The proposed 545-foot tall development will yield 312,350 square feet, with 192,780 square feet designated for residential space and 14,240 square feet for commercial space. It will have 260 residences, most likely rentals based on the average unit scope of 741 square feet. The concrete-based structure will also have a cellar, 30-foot long rear yard, and 56 enclosed parking spaces.

Demolition permits were filed in October of 2018. An estimated completion date has not been announced.

=============
NYY

NYguy

May 21, 2019 4:30 AM

https://www.instagram.com/p/BxsjHhUHAY1/

https://scontent-frx5-1.cdninstagram...MDMzNw%3D%3D.2

https://scontent-frx5-1.cdninstagram...NzQ1Ng%3D%3D.2

https://scontent-frx5-1.cdninstagram...NzExMw%3D%3D.2

https://scontent-frx5-1.cdninstagram...NTgzOA%3D%3D.2

ILNY	Jun 4, 2019 1:39 AM

https://live.staticflickr.com/65535/...45318259_o.jpg

NYguy

Jun 7, 2019 12:25 AM

https://www.businesswire.com/news/ho...0606005800/en/

Ares Management’s Real Estate Group and Douglaston Development Announce Joint Venture to Develop 58-Story, 931-Unit Hudson Yards Mixed-Use Residential Tower
Joint Venture Also Closes Construction Financing for the Development Located at 601 W. 29th Street

June 6, 2019

Quote:

Real estate private equity funds managed by affiliates of Ares Management Corporation (NYSE:ARES) and Douglaston Development announced today that they have established a joint venture to develop 601 W. 29th Street (a/k/a 311 Eleventh Avenue), a 931-unit luxury mixed-use residential development located at the intersection of Manhattan’s West Chelsea and Hudson Yards neighborhoods.

The joint venture also announced today that it has received construction financing for the project from a syndicate of banks led by HSBC, with co-lenders Bank of China and Landesbank Hessen-Thüringen (“Helaba”) with participation in the loan facility from Santander Bank and Raymond James Bank. The joint venture also closed upon the acquisition of approximately 120,000 square feet of air rights from Hudson River Park, with the proceeds going towards funding significant park improvements in the neighborhood.

“Douglaston is thrilled to kick-off our new partnership with Ares on this ground-breaking development,” said Jeffrey Levine, Chairman of Douglaston Development. “I am very proud of my team for how far along we have come with this project. It took multiple years to get this very complicated nearly 1-million-square-foot site rezoned and assembled.”

Added Douglaston Development President Steven Charno: “Structuring a project of this scale requires a sophisticated team and we’re proud to work with such an esteemed partner and group of lenders. Upon completion, 601 W. 29th Street will sit on the High Line at the crossroads of Hudson Yards and West Chelsea and will be a great addition to a changing landscape.”

Quote:

Spanning a full block on 11th Avenue between 29th and 30th Streets, 601 W. 29th Street will rise 58 stories, providing residents with unobstructed views in all directions, ease of access to the cultural amenities of Hudson River Park and the Chelsea neighborhood, as well as direct access to the heart of Hudson Yards, Manhattan’s preeminent mixed-use neighborhood.

The project is being designed by FXCollaborative (formerly FXFowle Architects) with a vision of bringing together distinctive architecture and efficient units with an expansive suite of lifestyle-oriented amenities. The market-leading, 50,000-plus-square-foot amenity package will include an expansive fitness center, multiple outdoor terraces, a pool, private cabanas, resident lounges, and pet daycare. 601 W. 29th Street will be comprised of 931 residential units (697 market rate and 234 affordable units), 186 parking spaces and 15,000 square feet of Class-A retail space. Demolition and site work are already underway, and the project is expected to open in late 2022.

matt19215

Jul 10, 2019 4:28 PM

Demolition has wrapped up
https://newyorkyimby.com/2019/07/dem...son-yards.html

https://newyorkyimby.com/wp-content/...2680186197.jpg

Quote:

Demolition has completed at the site of 601 West 29th Street in Hudson Yards for an upcoming 695-foot-tall, 58-story skyscraper designed by FXCollaborative and developed by Douglaston Development. Meanwhile, the adjacent lot is almost cleared for a 520-foot-tall, 42-story tower at 606 West 30th Street, which is being developed by Lalezarian Properties and designed by Ismael Leyva Architects. The two structures will share the parcel of land between 29th Street and 30th Street to the west of Eleventh Avenue.

The one-story garage that used to sit on the eastern end of the rectangular-shaped property has been completely cleared to make way for 601 West 29th Street, aka Tower A. The four-story brick structure that stood in the center of the parcel has been knocked down for 606 West 30th Street, aka Tower B, and excavators are currently removing the rubble and debris.

Tower A will yield 730,000 square feet of residential space divided among 931 apartments, for an average of 780 square feet apiece, indicating rentals. There will also be 9,300 square feet of ground-floor retail. To build a structure of this size required the transfer of 123,000 square feet of air rights from Chelsea Piers. Of this total, 4,562.5 square feet of air rights will go to Tower B. The 545-foot tall development known as Tower B will yield 312,350 square feet, with 192,780 square feet designated for residential space and 14,240 square feet for commercial space. It will have 260 residences, with average unit scope of 741 square feet, also indicating rentals.

Tower A’s amenities will include a lobby with concierge service, a fitness center, a sports simulation room, a music room, and a potential outdoor public terrace on the second floor with retail. The sixth floor will have a residents-only outdoor terrace with a lounge and an outdoor swimming pool. The 40th floor will have a garden terrace connected to a private residential library. Aside from the known 30-foot-long rear yard and 56-parking-space garage, amenities of Tower B have not been revealed.

Both planned buildings won’t be as tall as anything else built in the first phase of Hudson Yards, but they will nonetheless contribute to the density of the skyline in this new neighborhood and maintain a prominent position in front of the eventual second phase of Hudson Yards.

Completion of 601 West 29th Street is expected sometime in 2021.

JMKeynes

Jul 10, 2019 5:17 PM

Superb! Hopefully, that hideous Porsche dealership will come down next.

chris08876

Jul 10, 2019 10:23 PM

In that photo above of demo, the right side is 606 West 30th with the left being 601 West 29th.

Left side will yield the taller tower.

chris08876

Aug 20, 2019 4:41 AM

https://aws1.discourse-cdn.com/busin...bd2aed421.jpeg
Credit: JC_Heights

chris08876

Sep 3, 2019 6:40 PM

Excavation Begins For 695-Foot-Tall Residential Skyscraper At 601 West 29th Street In Hudson Yards

https://newyorkyimby.com/wp-content/...8/IMG-7200.jpg

https://newyorkyimby.com/wp-content/...8/IMG-7201.jpg

https://newyorkyimby.com/wp-content/...03-777x446.jpg

Quote:

Excavators have begun to dig below street level at the site of 601 West 29th Street, aka Tower A, which will become a 695-foot-tall residential skyscraper. Our last YIMBY update was in early July, where demolition and clearing had just wrapped up at the site, which is located at the corner of West 29th Street and Eleventh Avenue. Workers are wasting no time at all with the construction of the 58-story building, which is designed by FXCollaborative and developed by Douglaston Development.

Recent photos reveal the state of excavation work at the property, which sits immediately south of Hudson Yards and the third phase of the High Line.

Meanwhile, the site for 606 West 30th Street, aka Tower B, is fenced off and cleared, but has yet to see any further activity. This will eventually sprout a 520-foot-tall, 42-story skyscraper developed by Lalezarian Properties and designed by Ismael Leyva Architects. No word on when excavation on this section of the parcel will commence, or when work is expected to finish.

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NYY

patriotizzy

Sep 4, 2019 3:08 PM

Looks like the design has lost some of the interest it had going in the facade. It's a simple flat grid now. Looks fine, at least.

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