It has been a bumpy road for Brooklyn’s controversial Atlantic Yards development. The ten-year project-in-the-making is in the news yet again. According to the New York Times, 50 to 80 percent of Atlantic Yards is now up for grabs. Developer Bruce C. Ratner, chairman of Forest City Ratner Companies is on the hunt for an investor to buy the lion’s share of the development for a hefty sum of up to $800 million. Forest City would still hold the reigns over the future development of the project.
The former record needle and clothing manufacturing building, 5 Pointz, in Long Island City, Queens, is one of the few remaining refuges for graffiti art in New York City. For the last two decades, aerosol artists have flocked to this 200,000-square-foot warehouse to exhibit their work. But now the graffiti art mecca is one step closer to being demolished and replaced by two 47 and 41 story residential towers. In spite of Queens Community Board 2′s opposition to the plan, the City Planning Commission voted unanimously to approve a special permit that would allow developer G&M Realty to build a larger structure than permitted by the existing zoning. DNAinfo reported that Queens Borough President Helen Marshall also came out in favor of the plan with the stipulation that the development include 75 affordable housing units and studio space for artists.
Astoria may soon rival its neighbor, Long Island City, as the next major residential waterfront community in Queens. In a unanimous vote, the City Planning Commission has given developer Lincoln Equities Group the green light to move forward with a $1 billion residential housing development on Hallets Point peninsula.
DNAinfo reported that the project would include 2,161 market-rate and 483 affordable apartments as well as a public esplanade along the East River, retail, supermarket, and possibly a public school in NYCHA‘s adjacent Astoria Houses campus.
Summer isn’t slowing the demand for design services, according to the AIA’s latest economic figures. In fact, numbers are on the rise. The AIA’s Architecture Billings Index (ABI) for July increased more than a full point spike in non-residential construction activity from June’s ABI score of 51.6 to 52.7 (any score above 50 indicates positive growth). Most notably, the new projects inquiry index produced positive results with a substantial increase from 62.6 the previous month to 66.7 in July.
In recent years, Brooklyn’s waterfront has morphed into a breeding ground for start-ups, tech agencies, and boutique manufacturing. Now the massive Industry City complex in Sunset Park could emerge as the next creative hub in the borough joining other booming neighborhoods to the north such as DUMBO, the Navy Yard, and Williamsburg. Crain’s reported that Jamestown Properties, a real estate management and investment company, which owns Chelsea Market and the Milk Studios Building in Manhattan, is teaming up with Angelo Gordon and Belvedere Capital to purchase the sprawling 6.5 million-square-foot Industry City site.
On the roof of a construction site in Greenpoint, Brooklyn Monday, U.S. Department of Housing & Urban Development (HUD) Secretary Shaun Donovan announced the release of a new report outlining 69 rebuilding strategies designed to both help Hurricane Sandy–ravaged communities and to serve as a model for coastal regions across the country that are vulnerable to storm surges and rising sea levels. Close to the waterfront, the site overlooked the Newtown Creek Wastewater Treatment Plant—one of the few sewage treatment facilities to survive Sandy intact. It was a fitting place for Secretary Donovan, who also serves as chair of the Hurricane Sandy Rebuilding Task Force, to introduce this bundle of new recommendations that address both immediate and long-term needs of coastal communities, including resilient and region-wide approaches to rebuilding and infrastructure investment. A number of the initiatives in the report, such as HUD’s “Rebuild by Design” competition, are already underway.
After inviting several architecture firms to participate in a design charrette this summer, the Peabody Essex Museum (PEM) in Salem, Massachusetts has selected Ennead Architects to design the museum’s ambitious 175,000-square-foot expansion. This $200 million project will include new galleries, public program and education spaces, conservation and exhibition processing areas, and a restaurant.
“Ennead Architects impressed us with their creative dexterity, in-depth understanding of our institution and thoughtful design solutions for the museum’s complex architectural program. We celebrate their responsive, collaborative spirit and look forward to partnering with them to achieve a design that provides a superlative museum experience,” said Dan Monroe, PEM’s Rose-Marie and Eijk van Otterloo Director and CEO, in a statement. Read More
Spreading out across 10,000 acres of parkland, Jamaica Bay in Queens, New York will now serve as the focus of a new science and resilience institute spearheaded by the City University of New York (CUNY) to understand how urban ecosystems respond to changing weather patterns and global warming. The CUNY-led research consortium, temporarily housed on Brooklyn College’s campus, will collaborate with other leading New York institutions to study the efficacy of natural flood protections, such as dunes and salt marshes, in safeguarding New York’s coastline. These findings will benefit and be applicable to other cities and regions that are vulnerable to flooding as sea levels rise and storms become more frequent and powerful.