Property Brochure Download PDF 1.9MB
Total Page:16
File Type:pdf, Size:1020Kb
PIER 57 A PIER WITHOUT PEER Designed by Emil H. Praeger and built in 1954 by the New York City Marine and Aviation Department, Pier 57 stands as a testament to American ingenuity and represents the can-do spirit of innovation that animated the rebuilding of America in the decade following the Second World War. The 875-foot-long Pier 57 is an engineering marvel. Instead of being held aloft by piles driven into the bed of the Hudson, it sits upon colossal concrete boxes — one and a half blocks long and three stories high — that actually float in the river. It’s a technical achievement which earned Pier 57 a place on the National Register of Historic Places. Today, Pier 57 is the beneficiary of a $380,000,000 renovation and redesign project. The result is the establishment of the pier as a future -facing enterprise, that among other things, will be home to one of the world’s leading technology companies: Google. A MIX OF NOTED RETAIL The retail at Pier 57 will feature artisanal businesses, whose unique offerings will attract a discerning audience with modern tastes. The rooftop park is accessed via the indoor retail corridor. This ensures all visitors encounter the retail environ- ment, which is anchored at the far end of the building by premium dining and enter- tainment, further encouraging full walk-through. PIER 57 OCCUPIES AN ENVIABLE LOCATION The biking, running and walking path that runs directly in front of Pier 57 is the most used in the United States and carries tens of thousands of adventurous New Yorkers past its doors every single day. Just North of the Meatpacking District, and only a block from the High Line, Pier 57 is perfectly positioned to be visited by sightseers from both destinations. POINTS OF INTEREST MAP Pier 57 Culture/ Dining Entertainment 25 Chelsea Market 1 The High Line 26 Del Posto 2 Meatpacking District 27 STK Meatpacking 3 Hudson River Park 28 Morimoto 4 Hudson River 29 Frying Pan Greenway/Jogging/ 30 Porchlight Bike Path 31 La Colombe 5 Chelsea Waterside 32 Bottino Park 33 The Red Cat 6 14th Street Park 34 Empire Diner 7 Chelsea Piers 35 Cookshop 8 Pier 55 / Diller - IAC 36 Blue Bottle Coffee $250M Art Center Retail & Park 37 9 Highline Ballroom Apple 38 10 McKittrick Hotel Printed Matter 39 11 David Zwirner Gallery Samsung 837 40 12 Petzel Gallery Anthropologie 41 13 Dia Art Foundation Artists and Fleas 42 14 The Whitney Museum Diane von Furstenberg of American Art 43 15 Andrea Rosen Gallery Tory Burch 16 Matthew Marks Commercial Gallery 44 Milk Studios 17 Pace Gallery 45 Google Pier 57 Hotels 46 IAC 47 18 Uber Technologies The Standard 48 19 Dream Downtown DNA Model 20 The Gansevoort Management 21 Soho House Other 22 The Maritime Hotel 49 Hudson Yards 23 The High Line Hotel 50 The Avenues 24 Hotel Americano School AN ASSURED AUDIENCE With Google as the primary office tenant, a workforce of thousands of employees will be using the available retail on a daily basis. 20,000 visitors every 38,640 200 weekend to the people work within a 15-minute walk to/from the pier world class neighboring art galleries High Line, entrance one block away acres of 25,800 waterfront and public households live within a 15-minute walk to/from the pier 500 green space $4,100 more than average 4,400 monthly rent 42% units in 12 new buildings $2.1m of the residential under construction average population has a house- hold income of over condo sale in of the neighborhood the immediate residents are 25-54 vicinity $100,000 50% years old 7-DAYS-A- WEEK Pier 57’s close proximity to a variety of office buildings residential towers and area attractions will ensure visitors on weekends as well as during workdays. Nearby Businesses Barry Diller’s IAC, along with several new tech and media companies that have moved into the neighborhood Art Galleries Chelsea-based galleries and the Whitney Museum will provide an influx of art-aficionados Neighborhood Residences 100 11th Avenue, The Caledonia, Prime Lofts, 200 11th , as well as several residences currently under construction Area Hotels Travelers staying at The Standard, The Maritime and Dream Hotels High Line Just steps away, the High Line draws more than five million visitors annually Pier 55 Launching in 2019, this floating 2.4-acre island with a 750-seat amphitheater will be Pier 57’s purely recreational next door neighbor Hudson River Park This 550-acre park runs along the Hudson River from Battery Place and West 59th Street A PROVEN EVENT SPACE Pier 57 is a recognized and highly successful venue for events of all types. Over the years, it has been the location for fashion shows, film and television productions, gala fund-raisers, concerts, product launches, food fairs, design shows and a variety of retail events. A PARK ON THE WATER The rooftop is a verdant oasis. With multiple levels, walkways, seating, and open spaces for recreating and picnicking. At 115,000-square-feet, it is the largest outdoor space available to the public in the entire neighborhood. THE HARBOR, THE CITY, THE RIVER, AND NEW JERSEY Unobstructed 360- degree Manhattan views that will surely star in millions of Instagram feeds. ARRIVALS AND DEPARTURES TO THE IMMEDIATE AREA CAN BE MADE BY LAND, SEA OR AIR Trains Buses A/C/E subway on M14 Bus with stops at 8th Avenue with stops 18th Street and 10th at 14th Street and 23rd Avenue Street M23 with stops at 19th 1/2/3 subway on Street and 10th Avenue 7th Avenue with stops at 14th Street and 18th Waterborne Street Transportation Pier 57 L subway on 14th Street with stop at 8th Avenue Vestry Street and the West Side Highway Heliport 30th Street and the West Side Highway THE LIFE AQUATIC In partnership with the Hudson Park River Trust, Pier 57 will manage a massive marina for motor and sailboats, including a kayaking concession open to the public. SPECTACULAR SPECS Total building Ceiling heights Rooftop park and Cultural, education and 633,139 SF 10–28-feet esplanade 114,575 SF entertainment (CEE) use 24,080 SF Office space Retail space Parking spaces 265,732 SF 88,718 SF 74 in Caisson 1 CONTACT RXR Realty 75 Rockefeller Plaza New York NY 10009 212-797-1330 Michael J. Merola Youngwoo & Associates, LLC [email protected] Main: 212-477-8008 Cell: 917-886-5293 RXR Realty is a vertically integrated private Founded in 1979, Youngwoo & Associates real estate company with expertise in invest- “YWA” has developed over 8 million square ment management, property management, feet of specialized projects throughout the development, design, construction, leasing United States and South America. Rooted in and financing. RXR is focused on New York innovative thinking and the ability to antici- City and the surrounding metropolitan region. pate changes in the real estate market, the success of YWA has been the result of es- RXR Realty’s portfolio comprises approximately tablishing emerging markets, implementing 22 million square feet of commercial properties bold initiatives with creative developmental as well as 5,200 multi-family and condominium strategies, and most importantly, the ability units under active development. The portfolio to recognize shifting real estate trends. Nota- has an aggregate value of close to $16 billion ble projects include The Chelsea Arts Tower, and includes the iconic Helmsley Building, The SkyGarage Condominium, 375 Pearl The Starrett Lehigh Building, 75 Rockefeller Street, The Bronx Post Place, and Dragon- Plaza and luxury developments such as The back Vineyard and Estates. Ritz-Carlton Residences..