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These were the 10 largest NYC developments to open in 2017

by admin on January 19, 2018
These were the 10 largest NYC developments to open in 2017

[From TRD]

More than 500 buildings in Manhattan and the surrounding boroughs received the green light from the city to open for business in 2017. They including both residential and commercial new construction, and collectively span an eye-popping 26.3 million square feet.

The 10 largest developments alone brought 6 million square feet of new space to the city. Nine of 10 were residential properties — the only exception being FreshDirect’s Port Morris facility — with a total of 5,842 rental and condo units. Of the 10, several broke records, including the tallest buildings in Brooklyn and Queens, and Manhattan’s tallest rental tower. While the developments were spread across the boroughs, three were in Long Island City alone.

Here are the 10 largest developments to receive a Temporary Certificate of Occupancy in 2017, ranked by size:

1. Hayden, 43-25 Hunter Street, Long Island City

Queen’s tallest residential tower got the go-ahead from the city in January, and launched leasing in February. The Hayden, a 51-story tower built by Rockrose Development, spans 786,105 square feet. It houses 974 rental units, of which 195 are affordable. SLCE Architects designed the building, located at 43-25 Hunter Street in Long Island City.

One West End Avenue

2. 1 West End, Upper West Side

One West End, a 43-story tower from Elad Group and Silverstein Properties, opened to residents in the summer of 2017. The 755,669-square-foot building was designed by Pelli Clarke Pelli and Hill West Architects, with 362 apartments. The building is the first of five buildings at the Upper West Side complex formerly known as Riverside Center. Its 116 affordable units are accessible through a separate entrance. The developers recently picked up a $308 million condo inventory loan for 109 apartments. Marketing started in 2015.

The Eugene

3. The Eugene at 425 West 31st Street, Hudson Yards

Hudson Yards’ first rental building, the Eugene at 425 West 31 Street, stands 62 stories high, with 844 apartments across 748,279 square feet. Brookfield Property Partners developed and SLCE Architects designed the building, which is Manhattan’s tallest rental property.

333 Schermerhorn Street

4. 2 St. Ann’s Avenue, Port Morris

Grocery delivery service FreshDirect received a TCO for their 639,394-square-foot headquarters in Port Morris in the Bronx. The city provided $87 million in subsidies for the online grocer to move from Queens to their new space at 2 St. Ann’s Avenue.

5. Hub at 333 Schermerhorn Street, Downtown Brooklyn

Brooklyn’s tallest tower is Steiner NYC’s Hub at 333 Schermerhorn Street in Downtown Brooklyn, which received its TCO in September. The 55-story tower, designed by Dattner Architects, spans 627,394 square feet and has 750 units.

6. 33 Bond Street, Downtown Brooklyn

TF Cornerstone’s 25-story rental building in Downtown Brooklyn began welcoming residents in June 2017. The 714-unit building at 33 Bond Street, designed by Handel Architects, spans 599,375 square feet. The building is an 80/20 building, with 80 percent of units market-rate and 143 affordable.

7. Jackson Park, 28-10 Jackson Avenue, Long Island City

The first building in Tishman Speyer’s Long Island City megacomplex Jackson Park started leasing in 2017. The 640-unit building at 28-10 Jackson Avenue was designed by Hill West Architect. The 1,800-unit complex includes a standalone building for amenities.

See more 2017 year end reviews here

8. Level, 2 North 6th Street, Williamsburg

Douglaston Development’s waterfront tower in Williamsburg, the Level, debuted in June with 554 apartments. The 40-story tower at 2 North 6th Street was designed by the Stephen B. Jacobs Group and spans 513,453 square feet. Its amenities package includes a pool with Manhattan views.

9. Tower 28 at 42-12 28th Street, Long Island City

Tower 28 is another Hill West Architects creation and was the tallest tower in Queens for a mere few months. Heatherwood Communities’ 57-story tower at 42-12 28th Street in Long Island City has 451 apartments across 398,072 square. It is attached by way of a walkway on the 28th floor to a second Heatherwood building with additional apartments.

325 Kent Avenue

10. 325 Kent Avenue, Williamsburg

Two Trees Development got the greenlight for the first of their buildings at the Domino Sugar Factory site in Williamsburg in July. The 522-unit rental building at the redeveloped 325 Kent Avenue was designed by SHoP Architects and spans 382,746 feet.

Top TCOs Issued in 2017 by Square Feet
Source: TRData analysis of NYC Dept. of Buildings records, only including new building projects that were issued temporary certificates of occupancy in 2017
Rank Address Square Feet Residential Units Developer Architect TCO Issue Date Building Type
1 Hayden at 43-25 Hunter Street, Long Island City 786,105 974 Rockrose Development SLCE Architects 1/24/17 Residential
2 1 West End Avenue, Upper West Side 755,669 362 Elad Group and Silverstein Properties Hill West Architects 7/11/17 Residential
3 The Eugene at 425 West 31st Street, Chelsea 748,279 844 Brookfield Property Partners SLCE Architects 2/3/17 Residential
4 2 St. Ann’s Avenue, Port Morris 639,394 0 FreshDirect Cybul Cybul Wilhelm Architects 9/29/17 Storage
5 Hub at 333 Schermerhorn Street, Downtown Brooklyn 627,394 750 Steiner NYC Dattner Architects 1/4/17 Residential
6 33 Bond Street, Downtown Brooklyn 599,375 714 TF Cornerstone Handel Architects 6/28/17 Residential
7 28-10 Jackson Avenue, Long Island City 594,421 671 Tishman Speyer Hill West Architects 11/30/17 Residential
8 LEVEL at 2 North 6th Street, Williamsburg 513,453 554 Douglaston Development Stephen B. Jacobs Group 7/10/17 Residential
9 Tower 28 at 42-12 28th Street, Long Island City 398,072 451 Heatherwood Communities Hill West Architects 10/19/17 Residential
10 325 Kent Avenue, Williamsburg 382,746 522 Two Trees Development SHoP Architects 7/7/17 Residential
11 The Park Clinton at 535 West 52nd Street, Columbus Circle 346,181 392 Clinton Housing Development Handel Architects 5/24/17 Residential
12 HOUSE39 at 225 East 39th Street, Tudor City 343,187 372 Fisher Brothers Handel Architects 1/23/17 Residential
13 461 Dean Street, Prospect Heights 319,608 303 Forest City Ratner SHoP Architects 8/1/17 Residential
14 507 West 28th Street, Chelsea 309,463 372 Lalezarian Properties Avinash K. Malhotra Architects 5/17/17 Residential
15 2655G Richmond Avenue, Heartland Village 301,665 0 General Growth Properties Desman Associates 11/3/17 Mall

[From TRD]



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