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CASE STUDY Vehicle Platform from Pilot to Priority: Faster Bus Service in New York City
ConnectedCASE STUDY Vehicle Platform From pilot to priority: Faster bus service in New York City A pioneering collaboration between the New York City Department of Transportation (NYCDOT) and Metropolitan Transportation Authority (MTA) has led to the implementation of an Opticom Transit Signal Priority (TSP) throughout some of New York City’s busiest roadways, helping to Solution Overview address the issue of slow bus journeys caused by major traffic congestion. PROBLEM The innovative approach leveraged existing Traditionally, TSP involves Bus travel times slow, and getting slower vehicle and citywide infrastructure, allowing • Route M15-SBS: 2nd highest purpose-built hardware on the the efficient rollout of TSP across nearly passenger loads in city 6,000 buses and 12,700 intersections1 vehicle and at the intersection. • Congested, intermodal route in New York City. It will also allow the MTA But for the New York, the sheer - Heavy pedestrian, bicycle traffic to easily deploy updates and upgrades as - Unloading trucks volume of intersections and technology improves, providing access vehicles that needed to be to new features and refinements without • Cross traffic coordination required • Urban canyon reduced GPS equipped would have taken requiring costly and time-consuming hardware maintenance. effectiveness years to install. The decision • 13,000 traffic signals -- difficult to to test and then implement a As a result, New York City bus riders should deploy hardware see improved travel times and more reliable centralized, software-based service as they use the country’s largest SOLUTION TSP solution was critical to a bus network. Deliver centralized transit signal priority successful deployment. control • Leverage existing infrastructure, Moving Millions of People in a Megacity investments New York City has the largest transit ridership in the United States. -
PERSHING SQUARE VIADUCT (Park Avenue Viaduct), Park Avenue from 40Th Street to Grand Central Terminal (42Nd Street), Borough of Manhattan
Landmarks Preservation Commission September 23, 1980, Designation List 137 LP-1127 PERSHING SQUARE VIADUCT (Park Avenue Viaduct), Park Avenue from 40th Street to Grand Central Terminal (42nd Street), Borough of Manhattan. Built 1917-19; architects Warren & Wetmore. Landmark Site: The property bounded by a line running easward parallel with the northern curb line of East 40th Street, a line running northward to the edge of Tax Map Block 1280, Lot 1, parallel with the eastern wall of the viaduct, a line running westward along the edge of Tax Map Block 1280, Lot 1, and a line running southward parallel with the western wall of the viaduct to the point of beginning. On March 11, 1980, the Landmarks Preservation Commission held a public hearing on the proposed designation as a Landmark of the Pershing Square Viaduct (Park Avenue Viaduct) and the proposed designation of the related Landmark Site (Item No. 9). The hearing had been duly advertised in accordance with the provisions of law. Four witnesses spoke in favor of designation. There were no speakers in opposition to designation. DESCRIPTION AND ANALYSIS Located at Park Avenue and 42nd Street, tfie Pershing Square Viaduct was constructed tn 1917-1919. The viaduct extends from 40th Street to Grand Central Terminal at 42nd Street, linking upper and lower Park Avenue by way of elevated drives that make a circuit around the terminal building and descend to ground level at 45th Street. Designed in 1912 by the architectural firm of Warren & Wetmore, the viaduct was conceived as part of the original 1903 plan for the station by the firm of Reed & Stem. -
1449 Lexington Avenue New York, New York 10128
1449 Lexington Avenue New York, New York 10128 1 CONFIDENTIALITY & DISCLAIMER | 1449 Lexington Avenue The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. -
7517 Fifth Avenue, Brooklyn, NY 11209 Mixed Use Building Bay Ridge
Mixed Use – Bay Ridge 7517 Fifth Avenue, Brooklyn, NY 11209 Mixed Use Building Bay Ridge Property Information Address: 7517 5th Avenue For more information, Brooklyn, NY 11209 please contact Exclusive Neighborhood: Bay Ridge Marketing Team Cross Streets: Bay Ridge Pkwy & 76th Street Block: 5942 Lot: 4 Lot Dimensions: 21.42 ft x 109.67 ft irreg. Peter Matheos Zoning: C1-3/R6B/BR Vice President [email protected] Lot SF: 2,349 FAR: 2.00 Adan Elias Kornfeld Building Information Associate [email protected] Building Size: 21 ft x 55 ft Irreg. Building Class: S2 Tax Class 1 (718) 568-9261 Stories: 3 Residential Units: 2 Commercial Units 1 Total Units 3 Residential SF: 2,586 Commercial SF: 1,294 Gross SF: 3,880 approx. Assessment (16/17): $50,494 Taxes (16/17): $9,874 TerraCRG has been retained to exclusively represent ownership in the sale of 7517 Fifth Avenue in the Bay Ridge neighborhood of Brooklyn. Located on Fifth Avenue between Bay Ridge Pkwy and 76th Street, the three-story, ~3,880 SF building consists of two floor-through 3-bedroom apartments and one retail unit. Subway currently occupies the retail space which has seven years remaining with two five-year option. Subway is responsible for 75% of the water bill as well as the tax increase over the base year, 2013. The average rent for the residential units are $1,400 and $1,600/Mo, while the market rent for renovated units of this size is $2,500/Mo. The property has a gross annual revenue for the package is ~$81,732. -
Bowery - Houston - Bleecker Transportation Study (Congestion Analysis)
Bowery - Houston - Bleecker Transportation Study (Congestion Analysis) Technical Memorandum No. 1 - Existing Conditions P.I.N. PTDT11D00.H07 DRAFT December 2011 Bowery – Houston - Bleecker Transportation Study Technical Memorandum No. 1 Existing Conditions PTDT11D00.H07 The preparation of this report has been financed in part through funds from the U.S. Department of Transportation, Federal Highway Administration (FTA) through the New York State Department of transportation and the New York Metropolitan Transportation Council. This document is disseminated by the New York City of transportation in the interest of information exchange. It reflects the views of the New York City Department of Transportation (NYCDOT) which is responsible for the facts and the accuracy of the data presented. The report does not necessarily reflect any official views or policies of the Federal Transit Administration, the federal Highway Administration or the State of New York. This report does not constitute a standard, specification or regulation. Prepared by: New York City Department of Transportation Janette Sadik-Khan, Commissioner Lori Ardito, First Deputy Commissioner Gerard Soffian, Deputy Commissioner Ryan Russo, Assistant Commissioner Margaret Forgione, Manhattan Borough Commissioner Naim Rasheed, Project Director Michael Griffith, Deputy Project Director Harvey LaReau, Project Manager Hilary Gietz, Principal Administrative Assistant Joe Li, City Planner Ali Jafri, Highway Transportation Specialist Milorad Ubiparip, Highway Transportation Specialist Eva Marin, Highway Transportation Specialist Table of Contents S.0 EXECUTIVE SUMMARY S.1 Introduction S.2 Demographics S.3 Zoning and Land Use S.4 Traffic and Transportation S.5 Public Transportation S.6 Parking S.7 Pedestrians and Bicycles S.8 Accidents/Safety S.9 Goods Movements S.10 Public Participation 1. -
118 West 22Nd Street 118 West 22Nd Street ™ 118 West 22Nd Street
™ 118 WEST 22ND STREET 118 WEST 22ND STREET ™ 118 WEST 22ND STREET 118 WEST 22ND STREET Built in 1911 by the architect Frederick C. Zobel, the 100,000 square foot 12-story loft building at 118 West 22nd Street is a perfect choice for companies looking for office space in the iconic Flatiron District, located just one block from Madison Square Park. Commuters have easy access to PATH and 1, C, F, E, N, M and R subway lines at nearby 23rd Street Station. Fantastic amenities can be found along Avenue of the Americas and 23rd Street; from Trader Joe’s and Eataly to Shake Shack and Blue Mercury Coffee, the area offers an abundance of food, beverage and retail options for all. The building welcomes tenants and visitors with an elegant light brown limestone facade that still boasts many of its original metal cladding and stucco decorations. ™ 118 WEST 22ND STREET THE BUILDING Location West 22nd Street between Avenue of the Americas and 7th Avenue Year Built 1911 Renovations Lobby - 2010; Facade Restoration - 2016 Building Size 100,000 SF Floors 12, plus mezzanine, 2 below-grade ™ 118118 WEST WEST 22ND22ND STREET TYPICAL FLOORFLOOR PLANPLAN 8,500 RSFRSF WEST 22ND STREET ™ 118 WEST 22ND STREET BUILDING SPECIFICATIONS Location West 22nd Street between Avenue Windows Double-insulated, operable of the Americas and 7th Avenue Fire & Class E fire alarm system with command Year Built 1911 Life Safety Systems station, building fully sprinklered Architect Frederick C. Zobel Security Access Attended lobby 9 am - 6 pm M-F, video intercom, closed-circuit cameras Building Size 100,000 SF Building Hours 24/7 tenant access; Attended lobby 12, plus mezzanine, 2 below-grade Floors 9 am - 6 pm M-F Construction Masonry & limestone Telecom Providers Verizon, Spectrum, Pilot Renovations Lobby - 2010; facade restoration - 2016 Cleaning Common areas M-F Loss Factor Full floors: 27%; multi-tenanted floors: Bicycle Storage None no greater than 35% Municipal Incentives N/A Floor Loads (per SF) 120 lbs./SF Transportation Subway: Lines 1 and 2 via 23rd Street 11'5" Avg Slab-to-Slab Station. -
Real Estate Development Picks up in Turtle Bay and City by Bruce Silberblatt Onstruction Projects Halted in the • Construction Pending
Turtle Bay News A Publication of the Turtle Bay Association Winter 2014 Vol. 57, No. 1 Real Estate Development Picks Up in Turtle Bay and City BY BRUCE SILBERBLATT onstruction projects halted in the • Construction Pending. construction aftermath of the 2008 financial - 315 East 45th Street (Permanent Mis- of a new ho- Ccrisis are humming again in Turtle sion of the United Arab Emirates to the tel or condo- Bay. Here’s an update on projects in pro- United Nations) minium of, cess and some that we might see under cur- - 229 East 49th Street (Permanent Mis- say, 30-40 rent or future rezoning plans. sion of the Republic of Senegal to the floors would United Nations) be possible. • Zeckendorf’s 10 UN Plaza. The enclo- - 405 East 51st Street (northeast corner sure is topping out and two penthouses Building of First) have been combined into one for sale at Ever Taller - 219 East 44th Street (north side be- $100 million. The radius of tween Second and Third) East 49th and • Halcyon. Work at the crane-accident site, - 305 East 50th Street: awaiting DOB ap- 50th Streets, at 303-305 East 51st Street, is moving proval of permits. from Park ahead. Demolition of the tower’s eastern Extell Amasses Holdings on East 49th to Third Av- side is complete, as is building of the and 50th enues, holds base’s superstructure. The tower’s west- Extell Development has bought the seven- potential for ern extension has been framed up to the story garage at 138 East 50th for $61 mil- building high 12th floor. -
Meeting Planner's Guide 2019
AN ADVERTISING SUPPLEMENT TO CRAin’S NEW YORK BUSINESS MEETING Planner’S GUIDE 2019 YOUR RESOURCE FOR SUCCESSFUL MEETINGS AND EVENTS IF YOU ARE A MEETING or event hotels in the New York City area. than other channels. A lot of that a trend toward “bleisure,” the walk the line between creating planner you are part of an elite, Our goal is to keep you ahead value comes from networking in combining of business travel and experiences that resonate with multi-talented group. Being a of the curve and one up on the person. One-on-one meetings leisure. Today’s event attendees the whole audience, as well as planner calls for a wide range of competition in 2019. have become a hot commodity; expect event planners to be equal with individual attendees. expert skills and qualifications, To that end, here are some research has shown that, after parts manager and travel agent. such as managing, budgeting and of the meeting and event trends content, networking is the sec- Everything from programming to GIVE THEM execution, knowledge of tech- to consider when planning ond biggest motivator for event catering is likely to reference the A SHOW nology, creative talent—not to this year: attendees today. And the term locality and culture of the desti- 2019 also sees a trend for the mention leadership, adaptability, “networking” covers everything nation both on-site and off. “festivalization” of meetings and people skills, patience and energy IN YOUR FACE from spontaneous conversations events. A growing number of (to name just a few). When you “Face time” is the buzzword to huddle rooms and meet-and- TAKE IT PERSONAlly gatherings are adding perfor- possess all of these qualities you in meetings and events for greets. -
D. Rail Transit
Chapter 9: Transportation (Rail Transit) D. RAIL TRANSIT EXISTING CONDITIONS The subway lines in the study area are shown in Figures 9D-1 through 9D-5. As shown, most of the lines either serve only portions of the study area in the north-south direction or serve the study area in an east-west direction. Only one line, the Lexington Avenue line, serves the entire study area in the north-south direction. More importantly, subway service on the East Side of Manhattan is concentrated on Lexington Avenue and west of Allen Street, while most of the population on the East Side is concentrated east of Third Avenue. As a result, a large portion of the study area population is underserved by the current subway service. The following sections describe the study area's primary, secondary, and other subway service. SERVICE PROVIDED Primary Subway Service The Lexington Avenue line (Nos. 4, 5, and 6 routes) is the only rapid transit service that traverses the entire length of the East Side of Manhattan in the north-south direction. Within Manhattan, southbound service on the Nos. 4, 5 and 6 routes begins at 125th Street (fed from points in the Bronx). Local service on the southbound No. 6 route ends at the Brooklyn Bridge station and the last express stop within Manhattan on the Nos. 4 and 5 routes is at the Bowling Green station (service continues into Brooklyn). Nine of the 23 stations on the Lexington Avenue line within Manhattan are express stops. Five of these express stations also provide transfer opportunities to the other subway lines within the study area. -
Development News Highlights MANHATTAN - MID-2ND QUARTER 2019 PLUS an OUTER BOROUGH SNAPSHOT
Development News Highlights MANHATTAN - MID-2ND QUARTER 2019 PLUS AN OUTER BOROUGH SNAPSHOT Pictured: 315 Meserole Street Looking Ahead U.S. Treasury Releases Additional Opportunity Zones Guidelines On April 17th the U.S. Department of the Treasury issued a highly anticipated second set of proposed regulations related to the new Opportunity Zone (OZ) tax incentive. Created by the 2017 Tax Cuts and Jobs Act, the tax benefi t is designed to drive economic development and create jobs by encouraging long-term investments in economically distressed communities nationwide according to the Treasury department’s press release. The latest 169-page release reportedly delivered guidance in a broader range of areas than many expected, hoping to provide investors who have been on the fence with the clarity needed to begin developing projects in distressed areas nationwide. Some government offi cials anticipate the program could spur $100 billion in new investment into the more than 8,762 zones nationwide, of which 306 are located in New York City; however there exist some concerns among critics that the program will incentivize gentrifi cation, or provide added benefi t to developers for projects they would have been pursued anyway. According to the press release by the Internal Revenue Service (IRS), a key part of the newly released guidance clarifi es the “substantially all” requirements for the holding period and use of the tangible business property: • For use of the property, at least 70% of the property must be used in a qualifi ed OZ. • For the holding period of the property, tangible property must be qualifi ed opportunity zone business property for at least 90% of the Qualifi ed Opportunity Fund’s (QOF) or qualifi ed OZ business’s holding period. -
Monthly Market Report
MAY 2017 Monthly Market Report SALES SUMMARY .......................... 2 HISTORICAL PERFORMANCE ....... 4 NEW DEVELOPMENTS ................... 2 5 NOTABLE NEW LISTINGS .............. 4 6 SNAPSHOT ...................................... 7 7 8 CityRealty is the website for NYC real estate, providing high-quality listings and tailored agent matching for pro- spective apartment buyers, as well as in-depth analysis of the New York real estate market. MONTHLY MARKET REPORT MAY 2017 Summary MOST EXPENSIVE SALES The average sales price and number of Manhattan apartment sales both increased in the four weeks leading up to April 1. The average price for an apartment—taking into account both condo and co-op sales—was $2.3 million, up from $2.2 million the prior month. The number of recorded sales, 817, was up from the 789 recorded in the preceding month. AVERAGE SALES PRICE CONDOS AND CO-OPS $65.1M 432 Park Avenue, #83 $2.3 Million 6+ Beds, 6+ Baths Approx. 8,055 ft2 ($8,090/ft2) The average price of a condo was $3.6 million and the average price of a co-op was $1.2 million. There were 389 condo sales and 428 co-op sales. RESIDENTIAL SALES 817 $1.9B UNITS GROSS SALES The top sale this month was in 432 Park Avenue. Unit 83 in the property sold for $65 million. The apartment, one of the largest in 432 Park, has six+ bedrooms, six+ bathrooms, and measures 8,055 square feet. $43.9M 443 Greenwich Street, #PHH The second most expensive sale this month was in the recent Tribeca condo conversion at 5 Beds, 6+ Baths 443 Greenwich Street. -
Leisure Pass Group
Explorer Guidebook Empire State Building Attraction status as of Sep 18, 2020: Open Advanced reservations are required. You will not be able to enter the Observatory without a timed reservation. Please visit the Empire State Building's website to book a date and time. You will need to have your pass number to hand when making your reservation. Getting in: please arrive with both your Reservation Confirmation and your pass. To gain access to the building, you will be asked to present your Empire State Building reservation confirmation. Your reservation confirmation is not your admission ticket. To gain entry to the Observatory after entering the building, you will need to present your pass for scanning. Please note: In light of COVID-19, we recommend you read the Empire State Building's safety guidelines ahead of your visit. Good to knows: Free high-speed Wi-Fi Eight in-building dining options Signage available in nine languages - English, Spanish, French, German, Italian, Portuguese, Japanese, Korean, and Mandarin Hours of Operation From August: Daily - 11AM-11PM Closings & Holidays Open 365 days a year. Getting There Address 20 West 34th Street (between 5th & 6th Avenue) New York, NY 10118 US Closest Subway Stop 6 train to 33rd Street; R, N, Q, B, D, M, F trains to 34th Street/Herald Square; 1, 2, or 3 trains to 34th Street/Penn Station. The Empire State Building is walking distance from Penn Station, Herald Square, Grand Central Station, and Times Square, less than one block from 34th St subway stop. Top of the Rock Observatory Attraction status as of Sep 18, 2020: Open Getting In: Use the Rockefeller Plaza entrance on 50th Street (between 5th and 6th Avenues).