VIDEO: Empire Outlets Strikes Back

Rendering of Empire Outlets

A glossy new video foretells the end of what’s known as the Staten Island Shuffle.

Sightseers who ride the Staten Island Ferry will stop in their tracks before riding back to Manhattan once BFC Partners completes its 1.1-million-square-foot Empire Outlets project and Richard A. Marin‘s New York Wheel rises higher than any ferris wheel in the world from Staten Island’s St. George waterfront, according to the two-minute video by Neoscape that BFC released yesterday. Read More


Renderings Revealed for 535 Fourth Avenue in Park Slope

535 Fourth Avenue

Renderings have been released for the mixed-use property at 535 Fourth Avenue in Brooklyn’s Park Slope, Commercial Observer has learned.

Slate Property Group, Adam America Real Estate and AEW Capital Management have partnered and taken a 99-year ground lease at 535 Fourth Avenue. The parties will develop a 130,000-square-foot mixed-use property that will include 148 residential units and approximately 12,500 square feet of retail. There will also be parking for roughly 70 vehicles. Read More


50K SF Mixed-Use Artist-Studio Development Slated for Bushwick

Rendering of 100 Bogart Street.

IBK Construction Group is bringing a new ground-up, six-story, 50,000-square-foot mixed-use artist studio development to the Bushwick area of Brooklyn.

New York City-based construction company IBK Construction Group, which specializes in reinforced concrete superstructure, slabs, foundations and excavation services, tapped Gene Kaufman Architect to design the building, at 100 Bogart Street, between Bogart Street and Morgan Avenue, and Ingraham Street and Johnson Avenue. Read More


Renderings Revealed for 237 Park Avenue

Rendering of the entrance to 237 Park Avenue.

RXR Realty has released renderings of the revamped 237 Park Avenue after the recent open of the marketing office in the Class A office building.

To create the office, RXR, along with Walton Street Capital, gutted a floor and rebuilt the space at the 21-story building, between 45th and 46th Streets, to highlight the full potential of the 60,000-square-foot floor plate.  Read More


Revealed: Images, Prices of Retail Space Next to Whitney

Rendering of the retail space at 935 Madison Avenue

Renderings have been unveiled for a roughly 14,000-square-foot Madison Avenue retail space next to the Whitney Museum of American Art.

The project, still under construction at 935 Madison Avenue, is part of a renovation of a historical 1876 property on 74th Street. The retail portion includes roughly 7,200 square feet on ground floor and 7,100 on the lower level, said Isaacs & Co.’s Joel Isaacs, who is marketing the retail space with colleague Josh Lewin. It will have over 100 feet of frontage on Madison Avenue. Read More


Two Trees Proposal For Domino Sugar Site Triples Office Space in B’Burg


Renderings for the site of the former Domino Sugar Factory on the Williamsburg waterfront were released earlier today. As part of the plan for the site, the area will house between 3,000 and 4,000 office workers, tripling the amount of office space in an otherwise sparse commercial district.

The Two Trees Management proposal, designed by SHoP Architects, calls for 631,240 square feet of office space, up from the less than 100,000 square feet proposed by original developers CPC. Read More


Apple Meets Louvre at 1345 Sixth Ave.

10 Photos

The Apple Store Meets the Louvre on Sixth Avenue

In a move reminiscent of Harry Macklowe’s visionary decision years back to utilize the General Motors Building’s below ground space by installing a glass cube in its plaza and leasing it to an Apple store, Fisher Brothers is shopping around its own grand retail plans at 1345 Avenue of the Americas, and The Commercial Observer has the pictures to prove it.

The company, through its leasing brokers at Cushman & Wakefield, is marketing 15,545 square feet that sits largely under the building’s generous plaza area in front. Renderings the firm has released envision removing two sea urchin-like fountains and replacing them with glass pyramids reminiscent of the Louvre that will house escalators that would whisk shoppers down to the underground space. Read More


200 Lafayette Street Slideshow

5 Photos

Conference Room

Kushner Companies unveiled plans this week to turn 200 Lafayette Street into what officials there believe will be one of Midtown South’s most coveted office addresses.

 Mr. Kushner, a principal of the large real estate investment company Kushner Companies (and owner of both The Commercial Observer and The New York Observer), bought the roughly 150,000-square-foot building in partnership with the CIM Group in January for approximately $50 million. Mr. Kushner plans to pump significant capital to restore the over 100-year-old building’s classic aesthetic while refurbishing its space to house modern amenities and infrastructure. After a jump, a tour of the building through renderings obtained exclusively by The Commercial Observer. Read More