Skyscrapers: the Latest Architecture and News
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How Related Leased 7 Million Square Feet of Office Space at Hudson Yards
How Related leased 7 million square feet of office space at Hudson Yards March 19,2019 | by Rebecca Baird-Remba When Related Companies began searching for tenants to fill its first, 1.8-million-square-foot office tower at Hudson Yards in 2011, its leasing brokers had to convince companies to move to a neighborhood that was still a hole in the ground. The development firm was in the middle of decking over the 26-acre West Side rail yard and laying the foundations for the first phase of its sprawling, mixed-use development, which would eventually encompass 18 million square feet of commercial and residential space. Stephen Winter, a senior vice president at Related who has led much of the office leasing at Hudson Yards, had to show CEOs that their workers would one day have access to dozens of casual lunch options and restaurants. One day, the hole in the ground would be home to a million square feet of retail—luxury retailers, fast fashion stores, food halls, five star eateries and interactive art exhibits. But none of it was built yet, and back then, asking tenants to lease hundreds of thousands of square feet at Hudson Yards was a gamble. “Six, seven years ago, we had to break through doors and be as persistent as ever,” Winter explained. “It was a totally new place for everyone. It was a blank slate, an open piece of land with rail yards beneath it.” He gave “credit where credit was due” to the first crop of tenants who signed on to 10 Hudson Yards, including Coach, L’Oreal and SAP, which opened as the development’s first office building in 2016. -
CTBUH Journal
About the Council The Council on Tall Buildings and Urban Habitat, based at the Illinois Institute of Technology in CTBUH Journal Chicago and with a China offi ce at Tongji International Journal on Tall Buildings and Urban Habitat University in Shanghai, is an international not-for-profi t organization supported by architecture, engineering, planning, development, and construction professionals. Founded in 1969, the Council’s mission is to disseminate multi- Tall buildings: design, construction, and operation | 2014 Issue IV disciplinary information on tall buildings and sustainable urban environments, to maximize the international interaction of professionals involved Case Study: One Central Park, Sydney in creating the built environment, and to make the latest knowledge available to professionals in High-Rise Housing: The Singapore Experience a useful form. The Emergence of Asian Supertalls The CTBUH disseminates its fi ndings, and facilitates business exchange, through: the Achieving Six Stars in Sydney publication of books, monographs, proceedings, and reports; the organization of world congresses, Ethical Implications of international, regional, and specialty conferences The Skyscraper Race and workshops; the maintaining of an extensive website and tall building databases of built, under Tall Buildings in Numbers: construction, and proposed buildings; the Unfi nished Projects distribution of a monthly international tall building e-newsletter; the maintaining of an Talking Tall: Ben van Berkel international resource center; the bestowing of annual awards for design and construction excellence and individual lifetime achievement; the management of special task forces/working groups; the hosting of technical forums; and the publication of the CTBUH Journal, a professional journal containing refereed papers written by researchers, scholars, and practicing professionals. -
The “International” Skyscraper: Observations 2. Journal Paper
ctbuh.org/papers Title: The “International” Skyscraper: Observations Author: Georges Binder, Managing Director, Buildings & Data SA Subject: Urban Design Keywords: Density Mixed-Use Urban Design Verticality Publication Date: 2008 Original Publication: CTBUH Journal, 2008 Issue I Paper Type: 1. Book chapter/Part chapter 2. Journal paper 3. Conference proceeding 4. Unpublished conference paper 5. Magazine article 6. Unpublished © Council on Tall Buildings and Urban Habitat / Georges Binder The “International” Skyscraper: Observations While using tall buildings data, the following paper aims to show trends and shifts relating to building use and new locations accommodating high-rise buildings. After decades of the American office building being dominate, in the last twelve years we have observed a gradual but major shift from office use to residential and mixed-use for Tall Buildings, and from North America to Asia. The turn of the millennium has also seen major changes in the use of buildings in cities having the longest experience with Tall Buildings. Chicago is witnessing a series of office buildings being transformed into residential or mixed-use buildings, a phenomenon also occurring on a large scale in New York. In midtown Manhattan of New York City we note the transformation of major hotels into residential projects. The transformation of landmark projects in midtown New York City is making an impact, but it is not at all comparable to the number of new projects being built in Asia. When conceiving new projects, we should perhaps bear in mind that, in due time, these will also experience major shifts in uses and we should plan for this in advance. -
Law of the Land - Real Estate Litigation Newsletter
Law of the Land - Real Estate Litigation Newsletter June 7, 2021 Volume 1, Issue VII CASE HIGHLIGHT PLAINTIFFS MAKE WAVES FOR HARBOR PLAN Foundation, et al. v. Theoharides, et al., 1884 CV02144-BLS1 (April 1, 2021) In a recent decision, the Massachusetts Superior Court granted partial summary judgment to Plaintiffs in two companion cases, challenging the validity of certain Waterways Regulations and the City of Boston’s Downtown Waterfront District Municipal Harbor Plan (the “MHP”). The Superior Court determined that the sections of the Waterways Regulations, which required the Massachusetts Department of Environmental Protection (“DEP”) to follow the parameters approved by the Secretary of Energy and Environmental Affairs (the “Secretary”) in a municipal harbor plan when making licensing determinations for projects built on tidelands, are an improper delegation of DEP’s authority and thus invalid and ultra vires. Plaintiffs who are Members of the Harbor Towers condominium community in Boston and the Conservation Law Foundation brought their respective lawsuits to challenge the MHP and the plans of RHDC 70 East India, LLC, an affiliate of the Chiofaro Company, to build a 600-foot-tall tower on the waterfront at the current site of the Harbor Garage. The MHP, which was approved by the Boston Planning and Development Agency in May 2017 and by the Secretary on April 30, 2018, encompasses approximately 42 acres of tidelands on the Boston waterfront running along Atlantic Avenue and near the Rose Kennedy Greenway. The MHP allowed the Harbor Garage parcel a height limitation of 600 feet, approximately eleven times the standard foot height limit permitted by the applicable regulations absent a municipal harbor plan. -
Who Are NYC's Most Active Developers?
Who are NYC’s most active developers? The Real Deal ranked the top 10 December 27, 2018 | By Kathryn Brenzel and Kevin Sun The companies behind two mega-developments on Manhattan’s far West Side are the city’s busiest developers — and will likely remain so for the next few years. Related Companies and Brookfield Property Partners are the top two most active developers in the city in terms of the scale of their ongoing projects. Related and Brookfield are respectively being kept busy by their massive mixed-use proj- ects, Hudson Yards and Manhattan West. The Real Deal compiled a list of the city’s busiest developers of new construction, based on building permits issued by the Department of Buildings. Only projects with active permits that have not yet been issued a temporary certificate of occupancy (TCO) as of Dec.19 were included. Alterations were not included in developers’ total square footages or project counts. Here are the top 10 most active developers by square footage, as represented in DOB filings. 1. Related Companies Square footage: 6 million Number of projects: 9 Related’s largest ongoing project is 415 10th Avenue, better known as 50 Hudson Yards. The 2.2 million-square-foot office tower has been the target of multiple protests over the past year, due to the developer’s decision to use both union and nonunion construction labor on the project. Related’s second-largest ongoing project is another office tower at 550 West 34th Street, better known as 55 Hudson Yards. 2. Brookfield Property Partners Square footage: 4 million Number of projects: 4 Brookfield’s largest ongoing project is One Manhattan West, a 2 million-square–foot-plus office tower on Ninth Avenue. -
Hudson Yards 2019-30HY Mortgage Trust Table of Contents
JUNE 2019 STRUCTURED FINANCE: CMBS PRESALE REPORT Hudson Yards 2019-30HY Mortgage Trust Table of Contents Capital Structure 3 Transaction Summary 3 Rating Considerations 5 DBRS Viewpoint 5 Strengths 6 Challenges & Considerations 6 Property Description 8 Tenant and Lease Summary 9 Market Overview 10 Local Economy 10 Office Market 11 Office Submarket Description 12 Competitive Set 13 5 Manhattan West 13 55 Hudson Yards 13 10 Hudson Yards 13 441 Ninth Avenue 13 1 Manhattan West 14 The Farley Building 14 50 Hudson Yards 14 Sponsorship 14 DBRS Analysis 15 Site Inspection Summary 15 DBRS NCF Summary 16 DBRS Value Analysis 17 DBRS Sizing Hurdles 17 Loan Detail & Structural Features 18 Transaction Structural Features 19 Methodology 20 Surveillance 21 Chandan Banerjee Edward Dittmer Senior Vice President Senior Vice President +1 (212) 806 3901 +1 212 806 3285 [email protected] [email protected] Kevin Mammoser Erin Stafford Managing Director Managing Director +1 312 332 0136 +1 312 332 3291 [email protected] [email protected] HUDSON YARDS 2019-30HY JUNE 2019 Capital Structure Description Rating Action Class Amount Subordination DBRS Rating Trend Class A New Rating – Provisional 348,695,000 35.831% AAA (sf) Stable Class X New Rating – Provisional 389,169,000 -- AAA (sf) Stable Class B New Rating – Provisional 40,474,000 28.383% AA (high) (sf) Stable Class C New Rating – Provisional 38,758,000 21.507% A (high) (sf) Stable Class D New Rating – Provisional 147,887,000 10.621% A (low) sf Stable Class E New Rating – Provisional 144,286,000 0.000% BBB (sf) Stable Class RR NR 30,320,000 0 NR Stable RR Interest NR 7,580,000 0 NR Stable 1. -
November 2020, Sidler: Inside Reflections
Preferences NOVEMBER 2020 Micro living in a compact home? Storage solutions to consider! You don’t have to give up storage and functional space to live in a smaller home! In 2007, there was an emergence of the tiny- house movement or the "small-house” movement within North America, which is an architectural and social movement advocating living simply in small homes. By 2012, these tiny homes eventually evolved into even smaller spaces as these 'homes on MICRO-HOME UNDER 1000 SQ FT wheels' with under 400 square feet or even less in living space. Living in these smaller spaces are appealing to some prospective homebuyers due to affordability and also the desire to create a more minimalist lifestyle. So the question is, is there still a surging trend for tiny homes? And if so, why does this trend exist and how has it evolved in the current real estate market climate? In the current North America real estate market, the tiny house on wheels is still a home option for TINY HOUSE ON WHEELS UNDER 300 SQ FT some, but issues such as getting bank financing, having the assurance of quality, solid and safe construction and also, where to park the home given inhibitive zoning laws are all unappealing to a percentage of prospective home buyers who want to or can only afford to live in a smaller space. Given this, new more practical and appealing trends for this percentage of the home buyer population is emerging, which encompasses the ideology of 'micro living' with micro-homes or micro-condo living spaces. -
STATED MEETING of Monday, December 11, 2017, 1:57 P.M
THE COUNCIL Minutes of the Proceedings for the STATED MEETING of Monday, December 11, 2017, 1:57 p.m. The Public Advocate (Ms. James) Acting President Pro Tempore and Presiding Officer Council Members Melissa Mark-Viverito, Speaker Adrienne E. Adams David G. Greenfield Antonio Reynoso Inez D. Barron Barry S. Grodenchik Donovan J. Richards Joseph C. Borelli Corey D. Johnson Ydanis A. Rodriguez Fernando Cabrera Ben Kallos Deborah L. Rose Margaret S. Chin Andy L. King Helen K. Rosenthal Andrew Cohen Peter A. Koo Rafael Salamanca, Jr Costa G. Constantinides Karen Koslowitz Ritchie J. Torres Robert E. Cornegy, Jr Rory I. Lancman Mark Treyger Elizabeth S. Crowley Bradford S. Lander Eric A. Ulrich Laurie A. Cumbo Stephen T. Levin James Vacca Chaim M. Deutsch Mark Levine James G. Van Bramer Daniel Dromm Alan N. Maisel Jumaane D. Williams Rafael L. Espinal, Jr Steven Matteo Mathieu Eugene Carlos Menchaca Daniel R. Garodnick I. Daneek Miller Vincent J. Gentile Annabel Palma Vanessa L. Gibson Bill Perkins Absent: Council Members Ferreras-Copeland, Mealy, Mendez, and Vallone. The Public Advocate (Ms. James) assumed the chair as the Acting President Pro Tempore and Presiding Officer for these proceedings. 4472 December 11, 2017 After consulting with the City Clerk and Clerk of the Council (Mr. McSweeney), the presence of a quorum was announced by the Public Advocate (Ms. James). There were 47 Council Members marked present at this Stated Meeting held in the Council Chambers of City Hall, New York, N.Y. INVOCATION The Invocation was delivered by Rev. Dr. Jacques Andre DeGraff, Associate Pastor, Canaan Baptist Church, 132 W. -
Technological Advances and Trends in Modern High-Rise Buildings
buildings Article Technological Advances and Trends in Modern High-Rise Buildings Jerzy Szolomicki 1,* and Hanna Golasz-Szolomicka 2 1 Faculty of Civil Engineering, Wroclaw University of Science and Technology, 50-370 Wroclaw, Poland 2 Faculty of Architecture, Wroclaw University of Science and Technology, 50-370 Wroclaw, Poland * Correspondence: [email protected]; Tel.: +48-505-995-008 Received: 29 July 2019; Accepted: 22 August 2019; Published: 26 August 2019 Abstract: The purpose of this paper is to provide structural and architectural technological solutions applied in the construction of high-rise buildings, and present the possibilities of technological evolution in this field. Tall buildings always have relied on technological innovations in engineering and scientific progress. New technological developments have been continuously taking place in the world. It is closely linked to the search for efficient construction materials that enable buildings to be constructed higher, faster and safer. This paper presents a survey of the main technological advancements on the example of selected tall buildings erected in the last decade, with an emphasis on geometrical form, the structural system, sophisticated damping systems, sustainability, etc. The famous architectural studios (e.g., for Skidmore, Owings and Merill, Nikhen Sekkei, RMJM, Atkins and WOHA) that specialize, among others, in the designing of skyscrapers have played a major role in the development of technological ideas and architectural forms for such extraordinary engineering structures. Among their completed projects, there are examples of high-rise buildings that set a precedent for future development. Keywords: high-rise buildings; development; geometrical forms; structural system; advanced materials; damping systems; sustainability 1. -
An All-Time Record 97 Buildings of 200 Meters Or Higher Completed In
CTBUH Year in Review: Tall Trends All building data, images and drawings can be found at end of 2014, and Forecasts for 2015 Click on building names to be taken to the Skyscraper Center An All-Time Record 97 Buildings of 200 Meters or Higher Completed in 2014 Report by Daniel Safarik and Antony Wood, CTBUH Research by Marty Carver and Marshall Gerometta, CTBUH 2014 showed further shifts towards Asia, and also surprising developments in building 60 58 14,000 13,549 2014 Completions: 200m+ Buildings by Country functions and structural materials. Note: One tall building 200m+ in height was also completed during 13,000 2014 in these countries: Chile, Kuwait, Malaysia, Singapore, South Korea, 50 Taiwan, United Kingdom, Vietnam 60 58 2014 Completions: 200m+ Buildings by Countr5,00y 0 14,000 60 13,54958 14,000 13,549 2014 Completions: 200m+ Buildings by Country Executive Summary 40 Note: One tall building 200m+ in height was also completed during ) Note: One tall building 200m+ in height was also completed during 13,000 60 58 13,0014,000 2014 in these countries: Chile, Kuwait, Malaysia, Singapore, South Korea, (m 13,549 2014 in these Completions: countries: Chile, Kuwait, 200m+ Malaysia, BuildingsSingapore, South byKorea, C ountry 50 Total Number (Total = 97) 4,000 s 50 Taiwan,Taiwan, United United Kingdom, Kingdom, Vietnam Vietnam Note: One tall building 200m+ in height was also completed during ht er 13,000 Sum of He2014 igin theseht scountries: (Tot alChile, = Kuwait, 23,333 Malaysia, m) Singapore, South Korea, 5,000 mb 30 50 5,000 The Council -
September 19, 2017 Office Boom Times
September 19, 2017 https://therealdeal.com/2017/09/19/office-boom-times-volume-of-new-space-in-manhattan-inches-close-to- three-year-high/ Office boom times: Volume of new space in Manhattan inches close to three-year high More than 15M sf will be completed between 2017 and 2019: Building Congress By Kathryn Brenzel Over the next three years, more than 15 million square feet of new and redeveloped office space is expected to be completed in Manhattan, according to a new report. That’s the highest volume of new office space completed during a three-year span since 1988-1990, when 15.3 million square feet was finished, according to a report by the New York Building Congress. Included in the 2017-2019 projections are 5 Manhattan West, a 15-story, 1.7 million-square-foot redevelopment by Brookfield Property Partners, and 55 Hudson Yards, a 1.7 million-square-foot office tower being developed by the Related Companies and Oxford Properties Group. The report includes new office buildings and redevelopments where the properties are significantly altered. Between 2020 and 2022, the report estimates, Manhattan will see 7.5 million square feet of new office space across four major projects: SL Green Realty’s One Vanderbilt, Related’s 50 Hudson Yards, Tishman Speyer’s the Spiral and the office portion of Moynihan Train Hall. Those estimations could spike if 2 World Trade Center — a project delayed until Silverstein Properties can nail down an anchor tenant for the 2.8-million- square-foot tower — and other projects get underway. -
200 Amsterdam Ave.Pdf
Appeals Court Decision Saves 200 Amsterdam Ave. from Chopping Block New York City developers collectively sighed with relief when 200 Amsterdam Avenue, a mixed-use, high-rise building on Manhattan’s Upper West Side, was saved from the guillotine when a New York State intermediate appellate court reversed a lower court’s decision that retroactively revoked the developer’s building permit for an as-of-right development. The affirmance of the controversial ruling, issued by the New York County Supreme Court on February 27, 2020, would have resulted in the demolition of more than 20 top floors of the fully-constructed 668 feet high 55-story tower. The affirmance of the controversial ruling, issued by the New York County Supreme Court on February 27, 2020, would have resulted in the demolition of more than 20 top floors of the fully-constructed 668 feet high 55-story tower. On September 27, 2017, the New York City Department of Buildings (DOB) issued a building permit to Amsterdam Avenue Redevelopment Associates LLC, a joint venture between SJP Properties and Mitsui Fudosan, to construct 200 Amsterdam. After the validity of the permit was twice approved by the New York City Board of Standards and Appeals (BSA), the Committee for Environmentally Sound Development (CFESD) commenced a special proceeding in the New York County Supreme Court seeking to annul BSA’s determination, vacate the DOB-issued permit, and remove a bulk of the skyscraper’s top floors. On February 27, 2020, the Court granted CFESD’s request and, on March 3, 2020, the developer appealed. On appeal, the developer, one of the appellants in the proceeding, sought review of the February 27th decision to determine whether a DOB-issued building permit that was affirmed by BSA can be retroactively invalidated by a trial court based on the court’s new interpretation of Section 12-10(d) of the New York City Zoning Resolution.