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Thread: Clinton / Hell's Kitchen Development

  1. #31

    Default

    It's a crime that that horrible, run-dwon HoJo is not being razed. Elad can't be too bright. An Eighth Avenue entrance to the new building would have been nice, and it would have improved the property if the 10th rate, broken down hotel was gone.

  2. #32

    Default The Flats

    Re. dj vagu's post "11th ave between 52st&53 street"
    This is directly north of the Clinton Parkview (Project#1)

    Project # 23

    The Flats
    552 & 554 West 53rd Street
    8 stories 81 feet (Renovation & 2 story Addition)
    Edelman Sultan Knox Wood/Architects
    Dev-Clinton Association for a Renewed Environment (CARE)
    Affordable Residential Rentals
    33 units 26,044 Sq. Ft.
    Under Construction





    Construction to begin on 182 New and Rehabilitated Apartments in Clinton Area of Manhattan

    Press Contacts:
    Tracy Paurowski, NYC HDC (212) 227-9496
    Carol Abrams, NYC HPD (212) 863-5176
    John Yiannacopoulos, Fleet (212) 819-5927

    http://www.nyc.gov/html/hpd/html/for...s-2003-pr.html

    Construction to begin on 182 New and Rehabilitated Apartments in Clinton
    -- Creative Financing and Community Partnerships Create and Preserve Affordable Housing in the Clinton Area of Manhattan --


    New York, NY, October 1, 2003 - Clinton area community leaders and residents, city housing leaders, elected officials and financiers came together today to mark the commencement of three housing development efforts along a block front in the Clinton Urban Renewal Area. The developments initiated today to begin the transformation of the parcel located directly across Eleventh Avenue from DeWitt Clinton Park includes the construction of an affordable residential building with ground-floor commercial space and the rehabilitation of two existing historically significant structures by community groups making use of government sponsored programs and private and public financing.

    Housing Commissioner Jerilyn Perine said, "The work begun here today demonstrates the City's commitment to provide affordable housing opportunities. Mayor Bloomberg's housing plan, 'The New Housing Marketplace: Creating Housing for the Next Generation,' will increase new housing production by 25% compared to the past five years."

    The newly constructed building, The Clinton Parkview Apartments at 555 West 52 Street, is the first entirely income restricted development to be built in Clinton since 1981. The sponsor, Clinton Association for a Renewed Environment (C.A.R.E.), is providing $3.7 million of equity to the development as a result of their efficient management and wise investment of cash flow proceeds from the low- income development they were created to manage eighteen years ago. By putting this considerable equity towards the development costs, C.A.R.E was able to leverage additional public and private funds that further enhanced the affordability of the 96 one- and two-bedroom apartments to be included in the finished eleven-story building.

    "We are thrilled to have the support of the City of New York and our private partners in developing this desperately-needed affordable housing for our community," stated Mary D'Elia, Chairperson of C.A.R.E.'s Board of Directors. "The HDC and HPD provided constant support and guidance throughout a complicated development period, and we could not have arrived at this point without them."

    The New York City Housing Development Corporation (HDC) is providing $12.2 million of construction and permanent loan financing through the corporation's 80/20 tax-exempt bond program. Fleet Bank is providing the letter of credit to secure the bond financing. Unlike a traditional 80/20 development, Clinton Parkview will not include market rate apartments. Instead 70% of the units will be made affordable to households earning less than 60% of Area Median Income ($37,680 for a family of four) and 30% will be reserved for households making no more than 165% of the Area Median ($103,650 for a family of four).

    "The Clinton Parkview Apartments exemplifies HDC's commitment to maximize affordable housing opportunities," stated William Traylor, Acting President, HDC. "HDC is pleased to build on our partnerships with local developers to create housing opportunities for all New Yorkers."

    "Fleet is proud to have played a pivotal role in the creation of this first-of-its-kind development that maximizes the creation of affordable, quality housing in Manhattan," said Philip Grossman, Executive Vice President and Market Manager, Community Real Estate Finance at Fleet. "Our participation in these types of projects supports our commitment to preserving the integrity of our inner city and low- to moderate-income neighborhoods."

    Additional funding include grants of $720,000 from the Federal Home Loan Bank through Astoria Federal Savings Bank and $500,000 from Manhattan Borough President C. Virginia Fields. The tax-exempt bond financing also allowed the developer to receive tax credits that are being invested by MMA Financial.

    Two NYC Housing Preservation and Development Department (HPD) programs will enable Clinton Housing Development Company, a community based not-for-profit organization, to fully rehabilitate the Flats, a seven story building constructed in 1915 as workers' housing and its neighbor, the Old School, built in 1894 as the Fifty-Third Street Industrial School. Once a model tenement and home of innovative social programs including a "Locked Out Club" for children of working parents, the two buildings will be combined to provide housing much in keeping with their original purpose.

    "The Flats and the Old School represented the vanguard of social progress at the end of the 19th century," stated Joe Restuccia, Executive Director, Clinton Housing Development Company. "Unraveling the long stalled urban renewal plans of the last century took over 25 years of community persistence. Over a hundred years later, a combination of public and private investment, local initiative, and a forward thinking city government has provided a new model for the 21st century in creating a community of diverse incomes and social needs."

    The Flats features separate entryways for each apartment off an internal central courtyard. This unique design feature will be maintained in transforming the building into 33 affordable apartments for families through HPD's Neighborhood Redevelopment Program. $7.3 million of the projected rehabilitation cost comes from HPD and the proceeds of federal low- income housing tax credits syndicated by the Enterprise Foundation.

    The Old School will provide permanent housing with on-site support services for 53 formerly homeless and very low-income individuals. $7.6 million of construction financing for this portion of the development is being provided through HPD's Supportive Housing Loan Program and the proceeds of federal low- income housing tax credits syndicated by the Enterprise Foundation. To maintain affordability, the development will also receive $2.1 of Federal Section 8 Moderate Rehabilitation Subsidy over ten years.

    Included in the development is a 2,500 square foot community garden along with offices and community space.





    Links:
    http://www.mapquest.com/maps/map.adp...te=ny&zipcode=
    Map

    http://hellskitchen.net/housing/flats/
    All About The Flats

    http://www.manhattancb4.org/planning...4_Needs05.html
    The Flats/Old School renovation at Eleventh Avenue and 52nd Street in CURA Site 7A will produce 33 low-income family units and 53 low-income units for homeless adults and community residents. The development will also include a community garden.

  3. #33

    Default The Helena

    Project #24

    The Helena
    601 West 57th Street
    38 stories 400' 6" (DOB: 384 feet)
    Fox & Fowle Architects
    Dev-The Helena Assoc. LLC (The Durst Organization/Rose Associates)
    Residential Rental
    597 units 547,238 Sq. Ft.
    Under Construction July 2002-Spring 2005
























    http://thehelena.com/


    USGBC In The News
    A Greener Point of View


    http://www.usgbc.org/News/usgbcinthe...&CMSPageID=159

    Title: A Greener Point of View.
    Author: Dan Kaplan
    Source: Real Estate Weekly
    Date Written: 4/7/2004

    The Manhattan skyline is an ever evolving panorama reflective of various architectural theories and cultural preoccupations of the past century including beaux art beauties, art deco ziggurats and abstract glass towers. A few years ago, sustainable design was viewed as an improbable element in this assortment. Today, for forward looking developers and professionals it is a source of creative direction. Our design for the Conde' Nast building at 4 Times Square is a shining example of how sustainable design can be integrated into a modern state-of-the-art facility.

    Looking forward, the new New York Times building will set a new standard for interior environmental quantity. Green architecture is not limited to the realm of monumental headquarters buildings. Long before the term "green" entered the popular lexicon, Fox & Fowle actively sought to incorporate energy conservation measures, maximize natural light and maintain clean air environments in all of our designs. We envision our projects as environmental "good neighbors" and maintain a commitment to the principles of sustainable architecture.

    A good example is The Helena, a 37-story residential building with 580 studio, one- and two-bedroom apartments rising on Manhattan's West Side. Under the leadership of the Durst Organization and Rose Associates, The Helena will be the first voluntarily green residential tower in Manhattan. As the first phase of Fox & Fowle's mixed-use master plan for the riverfront block on West 57th Street, The Helena's design is a reinvention of the conventional residential high-rise, boasting floor to ceiling glass, wrap-around windows and sleek metal panels.

    The high-performance design rejects the typical formula of exposed concrete slabs, masonry and through wall air conditioning units. Sustainable design elements are incorporated in practical yet unexpected ways. Roofs will be covered in greenery, creating a more appealing view while helping to retain storm water, reduce heat gain and temper the micro-environment. Black water treatment technology, micro-turbine co-generation, a centralized heating and cooling system and photovoltaic panels promote resource conservation.

    The project is anticipated to receive a LEED Gold rating from the US Green Building Council. The Helena is part of a growing movement of sustainable residential buildings in New York. Further down the waterfront, The Battery Park City Authority has shown leadership and vision by instituting sustainable design guidelines for both residential and commercial buildings. The Solaire, the first project completed under these mandatory requirements, was completed last year. Earlier this month a record number of development teams submitted bids that met the detailed 'green' specifications to develop a prime parcel of waterfront property.

    In an increasingly crowded commercial and residential real estate market, forward-looking developers and designers are finding new ways to create value and deliver a superior product. Environmental stewardship is gaining in popularity among developers and the general public. There is a growing realization of the long term benefits in environmentally conscious design as well as the positive public perception of being a responsible neighbor.

    We will see more development that incorporates sustainable design creating a "greener view" of New York's legendary skyline.











    Links:
    http://www.mapquest.com/maps/map.adp...te=Ny&zipcode=
    Map

    http://www.wirednewyork.com/real_est...na/default.htm
    WNY Page

    http://www.wirednewyork.com/forum/showthread.php?t=3456
    WNY Thread

    http://www.emporis.com/en/wm/bu/?id=170280
    Skyscrapers.com

    http://www.durst.org/
    The Durst Organization

    http://www.rosenyc.com/
    Rose Associates

    http://foxfowle.com/
    Fox & Fowle Architects

    http://www.dagherengineering.com/pro...project_01.php
    Dagher Engineering, PLLC

    http://www.fourplusco.com/commercial.html
    Four Plus Corporation

    http://www.slagcement.org/shared/con...8801_s_i170788
    Slag Cement

    http://www.altpower.com/rece_helena.htm
    altPOWER, Inc.

    http://newyork.construction.com/feat...401_Cover2.asp
    The Helena
    Silver and Green Are the Colors In Question
    By Amy S. Choi
    January 2004

    http://www.greenroofs.com/archives/sg_sep03.htm
    Greenroofs.com

    http://www.aia.org/aiarchitect/thisw...ngperforma.htm

    http://www.findarticles.com/p/articl...51/ai_n6338892
    Durst building wins top 'green' award
    Real Estate Weekly, Oct 27, 2004

    http://www.newyorkmetro.com/nymetro/...776/index.html
    Saving the Planet, New York–Style
    Driven by green of both kinds—environmentalism and money—developers are siding with tree-huggers.
    By S.Jhoanna Robledo

    http://www.rejournal.com/ne/news/old...pe=con&regg=ny

    http://www.findarticles.com/p/articl...49/ai_96237001
    Durst developing 11th Avenue tower
    Real Estate Weekly, Dec 25, 2002

    http://www.parentsurf.com/p/articles...1/ai_n12935163
    City's green oasis a big hit
    Real Estate Weekly, Feb 23, 2005

    http://www.multi-housingnews.com/mul..._id=1000893514
    Zagat Reaches Renters with First Ever Apt. Guide

    http://nycvertical.com/index.php?tar...tment&lid=1284

  4. #34
    Forum Veteran krulltime's Avatar
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    Thumbs up

    Nice Derek2k3! You always do such a great job!

    Quote Originally Posted by Derek2k3

    What is that building on the west of the Helena? Is that going to happen?

  5. #35

    Thumbs up 517-525 West 46th Street

    Thanks. The short centered building is the planned NYCyberCenter where Durst is still waiting for a tenant or a stronger office/telecom market. I'm not positive what the western building will be; maybe some kind of commercial use as the large floor plates rendered would suggest.

    Project #25

    517-525 West 46th Street
    7 stories 66 feet
    Kutnicki Bernstein Architects
    Dev-Clinton West Partners
    Residential Condominium
    15 units 48,000 Sq. Ft.
    Under Construction 2005-2006




    Kutnicki Bernstein Architects
    http://www.kbanyc.com/



    Kaish and Taub Development Group

    http://www.netconnection.us/norm/dev.html#condo

    Our new Clinton West Partners condo project is located on West 46th Street in Manhattan. The project will build a new 42,000 sq. feet facility including 45 apartments for middle market condominiums (sales at $550 per square foot). The site is located in a heavily residential rental community just a few blocks west of the theater district.


    Links:
    http://www.mapquest.com/maps/map.adp...te=ny&zipcode=
    Map

    http://nycdevelopments.com/development_517w46th.html

    http://www.radcribs.com/salestatszip...ty=1&zip=10036
    Last edited by Derek2k3; June 6th, 2005 at 01:43 AM.

  6. #36

    Default 505 West 47th Street

    Project #26

    505 West 47th Street
    505-513 West 47th Street/506-513 West 47th Street
    7 stories 66 feet
    H. Thomas O'Hara Architect PLLC
    Dev-West 47th Street Assoc. LLP (Pitcairn Properties)
    Residential Condominium
    95 units 83,754 Sq. Ft.
    Under Construction 2005-




    Pitcairn Properties:
    505 West 47th Street
    New York, NY


    http://www.pitcairnproperties.com/pi...west-47th.html

    Pitcairn is currently in the design and approvals phase for development of a 95-unit condominium residence located between 47th & 48th Streets and 10th & 11th Avenues in Manhattan's Clinton neighborhood. The development will consist of two seven-story structures, totaling 86,800 square feet, joined by a landscaped courtyard. Studio, one and two bedroom residences will range in size from 370 to 1,139 square feet.

    Clinton is an emerging neighborhood, increasingly attracting new development and improvements. Approximately 4,000 rental units and few condominiums have been delivered since 1995. Most condominiums are contained in two high-rises, both over 10 years old, neither of which offers a contemporary image. Meanwhile, strong activity is creating a critical mass of amenities for those interested in home ownership, including Studio City, planned for 44th Street and 10th Avenue, and major presences of Prada and Kenneth Cole on 11th Avenue in the 50s.


    Map

    http://nyc.gov/html/dcp/pdf/cpc/040116.pdf
    City Planning Commission Report

  7. #37
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    Default

    Quote Originally Posted by Derek2k3
    Project #26

    505 West 47th Street
    505-513 West 47th Street/506-513 West 47th Street
    7 stories 66 feet
    H. Thomas O'Hara Architect PLLC
    Dev-West 47th Street Assoc. LLP (Pitcairn Properties)
    Residential Condominium
    95 units 83,754 Sq. Ft.
    Under Construction 2005-




    Pitcairn Properties:
    505 West 47th Street
    New York, NY


    http://www.pitcairnproperties.com/pi...west-47th.html

    Pitcairn is currently in the design and approvals phase for development of a 95-unit condominium residence located between 47th & 48th Streets and 10th & 11th Avenues in Manhattan's Clinton neighborhood. The development will consist of two seven-story structures, totaling 86,800 square feet, joined by a landscaped courtyard. Studio, one and two bedroom residences will range in size from 370 to 1,139 square feet.

    Clinton is an emerging neighborhood, increasingly attracting new development and improvements. Approximately 4,000 rental units and few condominiums have been delivered since 1995. Most condominiums are contained in two high-rises, both over 10 years old, neither of which offers a contemporary image. Meanwhile, strong activity is creating a critical mass of amenities for those interested in home ownership, including Studio City, planned for 44th Street and 10th Avenue, and major presences of Prada and Kenneth Cole on 11th Avenue in the 50s.


    Map

    http://nyc.gov/html/dcp/pdf/cpc/040116.pdf
    City Planning Commission Report
    How old is this? I was wondering the other day what's up with Studio City. No talk for a while. Thought they cleared out some stables trying to prepare.

  8. #38
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    Default

    370 square feet? Is that space for a bed and utility kitchen?

  9. #39
    The Dude Abides
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    Default

    Yeah, seriously. A lot of regular hotel rooms are bigger than that. Not much more than a queen bed, bath, and small desk area.

  10. #40
    Senior Swanky Peteynyc1's Avatar
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    Default Hell Yeah!


    Petey thought you would find this story from NYPOST.COM interesting:

    HELL YEAH!
    By ADAM BONISLAWSKI

    Go West, young man!" New York newspaperman Horace Greeley wasn't talking about the Manhattan real-estate market when he offered that famous advice, but given the current rate of development along the city's occidental edge, he could have been.

    With a new crop of buildings popping up along Ninth, 10th and 11th avenues in Midtown, Gotham is undergoing its own sort of westward expansion. Instead of log cabins along the Mississippi, though, we've got high-rises over the Hudson. And that's not corn they're growing - those are luxury condos.
    Area resident Karl Miller has seen change sweep over the neighborhood since he moved to the Strand building on West 43rd Street and 10th Avenue three years ago.
    "It's really in a big redevelopment cycle," he says. "That's why I bought here three years ago. I was on the Upper West Side, which is a beautiful area, but it was pretty much done with building new buildings."
    And, in fact, Miller just purchased a new studio in one of the buildings that's been giving the neighborhood much of its buzz - the much ballyhooed Atelier.
    A joint project from the Moinian Group and MacFarlane Partners, the 46-story, 478-unit condo development has drawn notice with amenities like a sun deck and sky-lit indoor pool and a sleek Costas Kondylis design inspired by the many generations of ocean liners that have docked just across the way at the Hudson River piers. With units ranging from studios to two-bedrooms, apartments in the building begin around $600,000 and top out at $1.5 million - which, to Miller's mind, was too good a deal to pass up.
    "I really wasn't even looking to move," he says of his decision to head to Atelier, "but I just really liked the look of the building - the lobby, the basketball courts. It just looked great. I just thought it was a great opportunity."
    A couple blocks away at the Orion building at 350 W. 42nd St., Long Island resident Michael Moloney experienced a similar case of love at first sight. Moloney and his wife had been looking for months for a place in the city to use as a pied-…-terre.
    "We were all over the place," he says, "uptown, downtown. We looked for a good eight to 10 weeks."
    Then, while on the West Side looking at another building, Moloney's broker suggested they swing by the Orion. Taken with features like the 551-unit development's pool, spa, gym, sun deck and housekeeping and concierge services, Moloney pulled the trigger on a two-bedroom right then and there.
    "We put a deposit on it that day," he says. "It was exactly what we were looking for."
    In addition to the building itself, Moloney was sold on the neighborhood - in particular its curious mix of quiet and commotion.
    "We were looking for a place that had activities - shows, restaurants, things like that - but that wasn't right on Broadway. We figured we'd look on the outskirts of areas that were going to be up-and-coming.
    "This is a developing area. I see it being revitalized."
    His eyes don't lie. In addition to Atelier and the Orion, a host of other buildings are going up in the area. A block west of the Orion, a 800-plus-unit condo/rental development from Twining Property, Related Companies and MacFarlane Partners is slated to rise at 440 W. 42nd St. Down the way at 650 W. 42nd St., Silverstein Properties' One River Place already stands - its 921 rental units rising 40 stories above the Hudson - and there are plans for another 53-story condo development, Two River Place, next door.
    Plus, as Moinian Group CEO Joseph Moinian notes, a 900-unit mixed rental-condo building is planned to go up next to Atelier within the next four years. Add to this the developments from the early 2000s like the Ivy Tower rental building at 350 W. 42nd St. and the Zebra rentals at 420 W. 42nd St., and you've got an area where construction has been going gangbusters.
    "What we saw in the late '90s and the first few years after the millennium was an influx of rental construction - large buildings with high-wealth, professional individuals that started to settle and get comfortable there," says Corcoran Sunshine Marketing managing director Daniel Cordeiro, describing the neighborhood's progression. "So, with that, now there's a huge condominium demand from people who have either lived there before or have been exposed to it socially."
    Much of the activity has centered around the 42nd Street corridor, but there's plenty of action to be found moving northward as well. And whether you call the area Hell's Kitchen, Clinton or Midtown West, people are flocking to it.
    Greg Fraser moved to the neighborhood from Philadelphia this March, taking a studio in the new 149-unit Clinton West building at West 47th and 10th Avenue. Thus far, he's found the convenience of Midtown to be key.
    "There are great restaurants in the area, a number of parks," he says. "And I can walk to Penn Station, I can walk to Central Park and I can walk to my office - you can't do much better than that."
    And unlike much of Manhattan, there are many brand-new apartments for renters along with all the new condos.
    At West 52nd and 10th, the Dermot Co. is putting up a four-building, 300-unit rental complex called the Mosaic. The project, which will contain studios and one- and two-bedrooms renting for $2,000 and up, is an environmentally friendly, or "green," development, constructed in accordance with environmental building standards set by Leadership in Energy and Environmental Design. A few blocks north at 57th and 11th stands another "green" building, the Helena - a 580-unit rental development built by the Durst Organization and Rose Associates.
    The allure of the area is "your urban, traditional New York experience with lots of smaller retail use and a thriving restaurant and arts scene," says Daniel Kaplan, principal with FXFOWLE, the architect for both developments.
    "It's so much different between 57th and 42nd Street than it was five years ago," says Dermot Co. principal Stephen Benjamin. "This is really the last piece of development that hasn't been completed - that 10th, 11th, 12th avenue area over by the river." As Atelier buyer Miller says: "This area seems to be getting really built up now. It seems to be the new up-and-coming hot spot."

  11. #41
    Senior Swanky Peteynyc1's Avatar
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    Default

    HOOKER HELL

    NEIGHBOR FURY AS KITCHEN GETS TOO HOT

    By DOUGLAS MONTERO and PERRY CHIARAMONTE


    WAKE-UP CALL: No, this isn’t Hell’s Kitchen, circa 1980 - it’s yesterday. Newcomers say prostitution is back in broad daylight.

    July 10, 2006 -- Newcomers to Hell's Kitchen, who pay top dollar to live in the hot neighborhood, are having a devil of a time dealing with a resurgence in some of the area's longtime inhabitants - prostitutes.
    The in-your-face, scantily clad night crawlers, who for years discreetly plied their wares from pimp-owned cars, are back to their pre-Giuliani days of streetwalking, traffic-stopping parades in front of flesh-hungry motorists, according to residents and community leaders.
    The Post recently spotted about a dozen of the hard-working, high-heeled hookers strutting up and down West 47th and 48th streets between Ninth and 11th avenues - not far from cops posted at the Lincoln Tunnel to thwart potential terrorist attacks.
    Several shocked newcomers to the area - including some young families dishing out up to $3,000 a month in rent - said realtors had assured them that the neighborhood was "up and coming."
    But baby-carriage-pushing moms en route to a local playground at 8 a.m. say they now see some skin dealers openly working overtime - sometimes until 11 a.m.
    "I walk out of my building in the morning to see these girls with their asses hanging out," said Kimberly Solop, 34, who shares a $3,000-a-month two-bedroom on West 48th with her husband and their 2-year-old son, Simon.
    "I don't want him growing up looking at that," she said. "It's a lot of money to be paying to have this activity going on."
    Even longtime residents who survived the more hard-core days of the 1980s say they began noticing the increase shortly before Fleet Week.
    And the hookers are not alone, they add. With them come pimps in music-blasting vehicles and do-ragged street thugs who serve as muscle.
    "It's a pain in the ass," said Junior Gonzalez, 68, who's lived on West 47th for 40 years. "It's hard to sleep at night. They're shouting; they're fighting.
    "There's this boom-boom-boom coming from the speakers they put in the trunks of their cars. My windows vibrate."
    Residents of the Clinton West condos at 516 W. 47th St. - which boasts a $1 million pad - say that they've complained to the cops but that the hookers have always come back.
    "I'm scared," said a resident too afraid to provide his name. "I have two kids, and I live on the first floor, and I don't want anything coming through the window."
    Elke Fears, president of the West 47th/48th Street Block Association, notes that the hookers and pimps are no fools: they skirt the area whenever the cops turn up the heat. Their territory goes as far south as 43rd Street and as far north as 48th.
    Fears and others suspect that some of the women are looking for business from patrons of several new upscale "gentlemen's clubs" in the area.
    Deputy Inspector Edward Mullen said the NYPD, aware of the resurgence, is planning to crack the whip.
    "It is a precinct condition that both the precinct commanding officer and the NYPD Vice Enforcement Division are addressing," he said.
    Solop, meanwhile, said she just hopes the city will improve the quality of life for her and for her daughter, the sooner the better.
    "It brings a bad element to the neighborhood," the young mom said. "They are everywhere." douglas.montero@nypost.com
    Last edited by Peteynyc1; July 10th, 2006 at 06:11 PM.

  12. #42

    Default

    Prostitution, while not as bad or harmful as drug trade or violence, should certainly be curtailed.

    It reminds me of the Seinfeld episode where Kramer informs George of a parking lot, "Jiffy Park," where he could park his car cheaply, and it is said to be on 12th ave. He then finds hookers "turning tricks" in his car.

    I'm a Seinfeld addict.

  13. #43
    Forum Veteran krulltime's Avatar
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    Quote Originally Posted by Derek2k3 View Post
    [b]Project #7

    Manhattan Community Districts Vehicle Storage and Maintenance Facility
    650 West 57th Street/780-786 Twelfth Avenue
    4 stories 117feet
    Edwards and Kelcey Corporation
    Dev-New York City Department of Sanitation
    Maintenance & Parking Garage
    206,497 Sq. Ft.
    Under Construction 2004-2006
    I though there was a thread for this one but I couldn't find it. I will post the pics here I guess. Anyway this one is a slower...


    January 4, 2007:







  14. #44
    Disgruntled Optimist lofter1's Avatar
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    This project ^^^ must be one of the slowest to rise in all of Manhattan (although it does look like they're getting close to installing the facade along the West Side Hiway -- finally).

  15. #45
    Senior Swanky Peteynyc1's Avatar
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    Default The Real Deal

    January 2007
    New rentals polish rough edges of Hell's Kitchen

    Hot market has far West Side hopping with new development

    By Lauren Elkies

    400 West 55th Street

    Hell's Kitchen, the scene of a transformation from rough neighborhood to diner's paradise, can now claim another element of change as developers make it one of the hottest areas in the city for new rental buildings.

    The neighborhood, which extends from West 34th Street to 57th Street west of Eighth Avenue to the Hudson River, buzzes with hipster restaurants and bars. It is now also a hive of activity in terms of new construction, with luxury condominiums and rental buildings springing up along the far West Side.

    "You've got more rentals going up there than any other area," said Soozy Katzen, director of relocation services at Fox Residential Group.

    It's the area that has most benefited from the surging rental market, said Gordon Golub, senior managing director at Citi Habitats.

    Marc Lewis, vice president and managing director of Manhattan Apartments, agreed.

    "People want to live in Midtown now," Lewis said. "They have a much different attitude about living on the far West Side than they used to." In particular, the West 50s have benefited from the Times Square revitalization, he said.

    The large-scale luxury condominium market contributed to the resurgence of far West 42nd Street, and several high-rise condo towers are now under construction.

    Demolition is expected to start this month at 605 West 42nd Street, where the Moinian Group and investor MacFarlane Partners plan to build a mixed-use tower with two peaks that include 1,000 rental and condominium units. Also this month, Moinian is anticipating move-ins at Atelier, his recently completed neighboring condo building at 635 West 42nd Street.

    Developer Larry Silverstein is working on River Place II on far West 42nd Street, which will accompany the 900-unit rental River Place I, erected in 2000. River Place II, a massive 57-story rental tower with 1,550 units at 600 West 42nd Street, will be one of the largest rental developments seen in recent years. Construction is expected to begin this month, according to Dara McQuillan, a spokesperson for Silverstein Properties.

    The Related Companies, Twining Properties and MacFarlane Partners are working on a mixed-use development, including rental apartments, at 440 West 42nd Street between Ninth and 10th avenues. The Dermot Company and Archstone-Smith are working on the Mosaic, a mixed-use project with two primarily high-end luxury rental towers spanning from 51st to 53rd streets along 10th Avenue. The Witkoff Group is reportedly constructing a mixed-use rental development at 44th Street and Eighth Avenue.

    One-bedrooms in Midtown West rented for an average of $2,684 in November, according to the most recent data from Citi Habitats, only $73 less than the Manhattan-wide average. The November vacancy rate in Midtown West was lower than in the rest of Manhattan, at an average 0.7 percent versus 0.81.

    Rental developments that are already fetching high rents on the far West Side include the Nicole at 400 West 55th Street, the Marc at 900 Eighth Avenue, the Westport at 500 West 56th Street and the environmentally friendly Helena at 601 West 57th Street, all of which opened in the last few years.

    "These are all sleek new developments," said Christopher Lops, a managing director at Citi Habitats' West 57th Street office. "This isn't the Hell's Kitchen of old with the tenement buildings."

    David Walentas' Two Trees Management went into contract in early September to buy an 11th Avenue site where it hopes to build up to 1,000 apartments, the New York Post reported. Two Trees will buy most of the block on the east side of the avenue between 53rd and 54th streets. Walentas wants the city to rezone the land from its current manufacturing-commercial designation to residential, which would enable him to build apartments as well as new stores, parking and community-use facilities.

    Unlike the more remote avenues farther west, Eighth Avenue is already an established neighborhood, said Stephen Kotler, an executive vice president and manager in the Midtown office of Prudential Douglas Elliman. Farther west, he said, it's still emerging.

    "There's a lot of undeveloped areas there still," Kotler said.

    Developers will likely focus on building in the 40s and the 50s from Ninth to 12th avenues, "because acquisition costs are still relatively lower there than rest of city," he said.

    Rents are climbing on the far West Side. A two-bedroom apartment on West 43rd Street just off Ninth Avenue went on the market for $2,700 last month. That same apartment was rented for $2,200 in 2005, said Golub of Citi Habitats.

    Dramatic price increases on the far West Side reflect the fact that apartments were below market in Hell's Kitchen last year, said Lops.

    The far West Side has a hopping nightlife and restaurant scene and ample retail offerings, he said. Companies such as the New York Times are also investing in the area.

    "Ninth Avenue has become a hotbed for fantastic restaurants and nightlife," Lops said. "Ninth Avenue's really what's happening right now. That's what's exploding."

    At the Marc, rents average $55 a square foot, a figure usually seen in more established neighborhoods, said Kotler.

    Lewis said rents in the West 40s and 50s now exceed rents on the Upper East Side. He said he knows a landlord with a building on the Upper East Side that struggles to rent a walk-up studio for $1,300 to $1,500. A comparable apartment the property owner has in the West 40s easily rents for $1,500 to 1,600.

    The expansion of the Jacob K. Javits Center, the development of the West Side Rail Yards and the extension of the No. 7 subway line to the south will have a ripple effect on the streets farther north, drawing more residents to rental buildings on the far West Side, brokers say.

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