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Old May 3rd, 2013, 07:51 PM   #3061
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500 W. 30th St. yesterday:

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Building by mbaron85, on Flickr
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Old May 3rd, 2013, 07:59 PM   #3062
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Cooper Union: Before and After

2004 - top; 2013 - bottom:

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Old May 3rd, 2013, 08:45 PM   #3063
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Williamsburg's 456 Grand Street Reminds Us It's Still A Thing



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More than two years ago, a ceremonial groundbreaking took place for a project known as Triangle Court. The site of 50-unit building (plus a diner and retail) is 456 Grand Street at the corner of Borinquen Place, once home to a gas station. The six-story building is designed by Koh Architecture, and the DOB shows a lot of active permits.
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Old May 4th, 2013, 12:16 AM   #3064
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1 WTC beacon on platform, awaits its big moment:

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http://www.flickr.com/photos/gammablablog/

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One World Trade Center After Final Pieces of Spire Were Hoisted On Top by NYC♥NYC, on Flickr
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Old May 4th, 2013, 12:50 AM   #3065
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thanks for all that information
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Old May 4th, 2013, 04:54 AM   #3066
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618 Washington Ave. in Brooklyn taking shape:


http://www.brownstoner.com/blog/2013...ington-avenue/
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Old May 5th, 2013, 07:35 PM   #3067
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Staten Island outlet mall planned near New York Wheel to include Nike, Adidas, Coach
http://www.silive.com/news/index.ssf...nd_retail.html
Meanwhile, the Wheel's new opening date is July 4, 2016, said Wheel CEO Richard Marin.

Capoccia said the Empire Outlets, slated to open Thanksgiving 2016, will mean 800 construction jobs and 700 permanent jobs, and said subcontractors and employees will be pulled from Staten Island.

The property will include 300,000 square feet of outlet space, 30,000 square feet of restaurant space, 20,000 square feet of banquet space and a 200-room hotel, said Pitera.

Marin said the Wheel will move into the Uniform Land Use Review Process phase by May, with final approval expected by year's end and ground-breaking of the site next spring.
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Old May 6th, 2013, 05:32 PM   #3068
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Developers Set to Bid on Seward Park
http://online.wsj.com/article/SB1000...832426920.html

Quote:
After four decades of failed government policy and bitter community infighting, the largest parcel of underdeveloped publicly owned land in Manhattan below 96th Street is poised for private development.

Some of the city's most high-profile developers are expected to submit bids Monday for the 6-acre Seward Park site on the Lower East Side. Big names interested in the site include Barclays Center developer Bruce Ratner; Related Cos., the developer of the Hudson Yards on Manhattan's West Side; Taconic Investment Partners, which redeveloped and sold 111 Eighth Ave. to Google GOOG +1.12%Inc.; and AvalonBay Communities Inc., AVB +0.27%one of the country's largest developers of rental housing, according to people familiar with the matter.

The prize is a 1.65 million-square-foot project, approved by the city last year, that would be a combination of market rate housing, affordable housing, retail and office space. While the city has a long list of requirements including hundreds of affordable housing units, developers are keenly interested in the site because of the strength of the city's real-estate market and the shortage of developable land.

The project is the culmination of years of intense debate in a community that includes a traditional Orthodox Jewish population, a large Latin-American population, an Asian population in nearby Chinatown and a growing contingent of young, wealthy professionals. The city has had ambitious plans for new apartment and commercial buildings since 1967, when it began demolishing tenement buildings on the Lower East Side as part of an urban renewal effort.

The plan that ultimately emerged was hammered out by local community leaders and requires half the project's 1,000 units of housing be permanently affordable to act as a buffer against a changing neighborhood. It also restricts the size of the retail spaces to keep out big-box retailers and requires the developers to build a significantly expanded Essex Market.

The requirements for the site near Delancey and Essex streets has led to the formation of unusual partnerships combining retail, office and residential developers who have never worked together, along with small community nonprofits.

One team combines AvalonBay Communities Inc., with Jonathan Rose, who has built high-profile affordable projects, such as Via Verde in the South Bronx. The team is rounded out by Equity One Inc., EQY +0.77%a retail developer.

A team that includes L+M Development Partners and Don Capoccia's BFC Partners developed Schaefer Landing, a 26-story building in Williamsburg that had similarly complex community dynamics, with strong Latino and Orthodox Jewish populations. That team also includes Grand Street Settlement, a nonprofit, and Taconic, which sold 111 Eighth to Google for $1.9 billion in December 2010, and could help attract the growing tech sector to the site.

Atlantic Yards developer Forest City Ratner Cos. is planning to bid along with Metropolitan Council on Jewish Poverty, a nonprofit developer of affordable and senior housing with roots for several decades on the Lower East Side.

Officials with the Gotham Organization have said for several months they plan to bid on the site. The company is currently developing the Gotham West complex, which spans an entire city block in Hell's Kitchen, with about 700 market-rate units and 500 units of middle- and low-income housing. A spokeswoman for Gotham declined to comment Friday.

Another team consists of Related, Asian Americans for Equality, a local nonprofit, and two developers with local experience—Eric Anderson of Urban Green Builders and Paul Stallings, developer of the nearby Hotel On Rivington.

The city has said the Seward Park site could go to one development team or be split among multiple bidders. The city's Economic Development Corp. and Department of Housing Preservation and Development plan to choose a developer in the fall.
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Old May 6th, 2013, 08:12 PM   #3069
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5 Pointz CB2 variance hearing coming up



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The public will have its first opportunity to weigh in on the plans put forward by the owner of the 5 Pointz graffiti building—who wants to demolish it and replace it with two residential towers.

A public hearing has been scheduled for May 22, at 7pm at MoMA PS1, which is located at 22-25 Jackson Avenue. Testimony from that hearing will be taken into consideration by Community Board 2, when it decides whether to recommend the development proposal to the city planning commission.

The debate is not whether David Wolkoff, the owner of 5 Pointz, will be permitted to demolish the structure. He has the right to do that under the existing zoning law.

The primary reason for the public hearing deals with Wolkoff’s application for a special permit that would allow him to increase the scale of the two buildings above existing zoning code.

Wolkoff plans to erect two residential towers that would contain 1,000 market-rate rental units. One tower would be 47 stories high, while the other 41 stories. The base of the two buildings would include retail shops, artists’ galleries and a 250-car parking garage.

The two buildings would be 980,000 sqf. in total–more than 5 times the size of the lot (which is the limit). Therefore, he is seeking a permit that would allow him to build 8 times the lot area. For instance, Wolkoff is permitted to build 600-units under the existing zoning code; however, he needs a special permit to allow him to build 1,000 units.

As part of Wolkoff’s plan to get the permit, he is willing to provide about 30,000 sqf. in public space—well over the 20,000 sqf. that he is required by current zoning laws. Most of the space that Wolkoff is creating is for a public park at the rear of the site.

[...]
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Old May 6th, 2013, 08:43 PM   #3070
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Back from the drawing board

Dormant Newtown Creek development awakens in a big way.

http://www.crainsnewyork.com/article...TATE/305059973

Quote:
A slumbering giant of a project is about to reawaken on the banks of Newtown Creek in north Brooklyn. Park Tower Group is set to unveil its latest plans for a huge 22-acre development at the northern tip of Greenpoint at a public meeting Monday.

The plan calls for 5,500 apartments spread among as many as two dozen buildings, including 10 luxury towers of 30 to 40 stories. Planning for the development began more than a decade ago and pre-dates the contentious Williamsburg-Greenpoint rezoning that spawned a building boom and thousands of new apartments. After the 2005 rezoning, Park Tower spent a number of years honing its plan along more than a half-mile of waterfront. But just as the developer was preparing to build, the recession hit.

"It's been challenging for anything to occur, but now the market is very strong," said Park Tower Vice President Al Bradshaw.

The developer hopes to break ground on the first tower sometime in December or January. Beginning in June, the plan will have to go through the six-month public-review process. Financing has yet to be secured, although Mr. Bradshaw said he is "in advanced discussions with a number of lenders."

The public review has little to do with the towers, which could be built as of right, thanks to the rezoning, and has more to do with modifications to the original plan. Park Tower will incorporate a city-owned parcel and build as many as 431 affordable-housing units the Bloomberg administration promised to add as part of the rezoning. This is in addition to nearly 1,000 units of affordable housing already planned for the site.

The site must also be re-rezoned because Park Tower has agreed to provide space for a school, which the city would build. The open space also is being reconfigured to better deal with potential storm surges, including raising the public promenade.

"This will not only protect our property, but those of our neighbors behind us," Mr. Bradshaw said.

Park Tower is also donating $2.5 million to the city to expand the adjacent Newtown Barge Park.

The developer has changed the look of the project. Earlier renderings showed sleek glass towers, while the new designs envision red-brick fašades liberally punctuated with windows reminiscent of the area's old warehouses. Steel awnings hang above the entrances.

"It's a nod to the area's industrial history," architect Gary Handel said.

Park Tower also hopes that a bridge designed by Santiago Calatrava to connect Brooklyn and Queens across the Newtown Creek will be included at a later point. The entire project is expected to take between eight and 12 years to complete.

City Councilman Stephen Levin, who will wield a key vote on the plan, said he thought any complaints about the size of the buildings were unwarranted. "That train left the station eight years ago, when the rezoning was approved," he said. "We're talking about small changes to a very big plan."

If anything, bigger buildings mean more affordable housing, something he said the neighborhood desperately needs. "Everyone is always talking about how expensive rent is in Williamsburg and Greenpoint, so even a few hundred affordable apartments in the next few years could make a huge difference," Mr. Levin said.

A version of this article appears in the May 6, 2013, print issue of Crain's New York Business as "Back from the drawing board".


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Old May 6th, 2013, 10:37 PM   #3071
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Ain't it weird that none of the reports about these changes mentioned Greenpoint Landing? I thought it was bizarre...
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Old May 6th, 2013, 10:38 PM   #3072
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Here's a BIGGER render of Park Tower's now revived scheme:


http://www.crainsnewyork.com/article...TATE/305059973
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Old May 6th, 2013, 11:00 PM   #3073
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Baccarat Tower Zooming Upwards:





New York YIMBY
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Old May 6th, 2013, 11:06 PM   #3074
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Quote:
Originally Posted by desertpunk View Post
Here's a BIGGER render of Park Tower's now revived scheme:
so beautiful
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Old May 6th, 2013, 11:20 PM   #3075
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Chelseanow.com

Quote:
Exhibit, Speakers Detail the Grand Design of Hudson Yards

May 1, 2013.



BY SCOTT STIFFLER | “This is going to be the Gold Coast for the city,” said Mayor Michael Bloomberg at a December 4, 2012 public unveiling of the Hudson Yards development — where he also dubbed it “Manhattan’s final frontier” (and has since called it New York City’s “Next Great Neighborhood”).

Such grand and confident predictions, in this case at least, are hardly the stuff of hyperbole. When complete, the 26-acre site will accommodate over 13 million square feet — including more than 6 million square feet of commercial space, 750,000 square feet of destination retail space, cinemas, specialty restaurants, markets and bars, with 14 acres of new open spaces and parks. It will also be home to approximately 5,000 residences, a new school and a luxury hotel. The 1.7 million square foot South Tower (currently under construction, slated to open in 2015) will be the world headquarters of Coach, Inc.



If those raw numbers seem difficult to fathom, imagine being tasked with the challenge of coming up with a plan of action to take Hudson Yards from a hole in the ground to a gleaming forest of towering structures. Others have, of course — and now they’re pulling the curtain back. “Design(in) The New Heart of New York” is a two-month exhibit revealing the art behind the architecture.

An eight-week speaker series will complement the exhibit, offering visitors the chance to hear directly from (and interact with) architects, designers, civic leaders, developers and city partners. Included in the speaker series:

On May 16, prominent architectural writer Joseph Giovannini and Bill Pedersen, founding design partner of Kohn Pedersen Fox Associates (KPF), will discuss the evolution of the urban, high-rise commercial office building (at Hudson Yards and around the world). On May 30, David Childs, FAIA, Consulting Design Partner at Skidmore Owings & Merrill, talks about the complexities of designing a mixed-use building in a mixed-use development.

On June 11, Holly Leicht, Executive Director of New Yorkers for Parks, joins Matthew Johnson, Senior Associate at Diller Scofidio + Renfro, Lisa Switkin, Associate Partner at James Corner Field Operations, Peter Mullan, Vice President for Planning & Design at Friends of the High Line and Matthew Urbanski, Principal at Michael Van Valkenburgh Associates for a discussion about the evolution of parks on Manhattan’s west side (with a focus on the creation of the High Line and Hudson River Park). The lecture series concludes on June 25, when Elizabeth Diller, Principal at Diller Scofidio + Renfro, joins David Rockwell, President of the Rockwell Group, to discuss the conceptual and technical development of the 72-story Hudson Yards residential tower.



The exhibit, which runs from May 1 through June 30 at the American Institute of Architects, New York Center for Architecture (536 LaGuardia Place, btw. Bleecker St. & W. 3rd St.), will feature never-before-seen architecture and design elements. To commemorate the opening of the exhibit, Open House New York will host two guided tours of the exhibit on Saturday, May 4. The first 5,000 visitors to the exhibit (and other Hudson Yards AIA events) will receive a “Build our Own Hudson Yards” postcard set designed by world-renowned paper engineer Keisuke Saka. For more information, visit hudsonyardsnewyork.com, aiany.org and nycdesign.com.

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Old May 7th, 2013, 12:56 AM   #3076
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Karl Fischer Job To Rise In Borough Park



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A Karl Fischer-designed, 171-unit apartment building is coming to a huge development site in Brooklyn’s Borough Park.

The 1.52-acre lot at 886 Dahill Road was put on the market by Wydra Enterprises in July 2012 with an asking price of $33 million, Crain’s reported. Now, it looks like Wydra is developing the property itself, according to a Department of Buildings permit filed in February. The mixed-use building will be ten stories tall.

Wydra bought the site, located near McDonald Avenue, for $26 million in 2007 and won approval in 2008 to build a 171-unit project with a 228-space parking garage. The developer’s original approved plans for the project had 18 five-bedrooms, 55 four-bedrooms, 45 three-bedrooms, 39 two-bedrooms and 14 one-bedrooms, according to the (old?) Eastern Consolidated listing for the parcel.
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Old May 7th, 2013, 02:56 AM   #3077
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Crane up at 150 Charles.


http://ny.curbed.com/archives/2013/0...rooms.php#more


http://www.150charles.com
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Old May 7th, 2013, 07:10 PM   #3078
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Yet Another Residential Tower for Greenpoint's Waterfront



Quote:
Tuesday, May 7, 2013, by Jessica Dailey

The announcement that Park Tower Group would unveil their 10-tower Greenpoint Landing megaproject at a meeting last night overshadowed the fact that they weren't the only developer with plans for the North Brooklyn waterfront. Representatives for another 30-40 story project at 77 Commercial Street were also in attendance. Said project is being brought to Greenpoint by a couple of familiar names—David Bistricer and Joseph Chetrit—and it will bring with it the long-awaited 3-acre Box Street Park. Crain's reports that the developers bought 77 Commercial last year for $25 million, and now they are buying the development rights for a MTA bus parking lot at 65 Commercial Street. Bistricer and Chetrit will pay around $8 million for the air rights, which will allow them to double the size of their bland building to 475,000-square-feet. The city will use the $8M to pay for construction of the new park.

The plan to relocate the parking lot has been in the works since the 2005 rezoning, and after years of delays (bad economy, crappy real estate market, no new location for the buses, blah blah blah), the MTA finally issued an RFP for the site last summer. Bistricer and Chetrit's plan for a 30 to 40 story Cetra/Ruddy-designed tower won. At the insistance of the city, 200 of the roughly 700 units will be affordable.

[...]
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Old May 7th, 2013, 07:53 PM   #3079
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Catching Up With Hines


Quote:
Hines Senior Managing Director Tommy Craig has delicately balanced a busy year of development projects with an ambitious investment strategy.

Hines has been busy on the investment and development side over the past few months. After breaking ground at 7 Bryant Park in February, officials at the 56-year-old firm announced in March that they would put up for sale its properties at 499 Park Avenue and 425 Lexington, both part of the Hines Core Fund. Tommy Craig, senior managing director in Hines’s New York office, spoke with The Commercial Observer about the firm’s plans to sell these New York office assets and its development of 7 Bryant Park, cautioning: “There is no way that my words could substitute for the work we have done.”

The Commercial Observer: Hines recently announced plans to put its properties at 499 Park Avenue and 425 Lexington Avenue up for sale. Will the capital generated be redeployed into the New York market?

Mr. Craig: The firm is not that formulaic, but certainly within Hines, the opportunity in New York is perceived to be an excellent one. Certainly Hines today is both a development firm and an investment management firm, and I would say our capital relationships clearly have shown that they understand the value and liquidity of a gateway market, New York being foremost among them. We have major projects under way in all of those gateway markets. Some would say that is a build-a-core strategy, and we can build a core on a risk-adjusted basis.

Certainly I would say that, given our target yield at 7 Bryant Park, I would say, real-time, we would expect that plan to be validated. But of course, until there is a sale and until we have leased 7 Bryant Park, the test for that reality is at a different point in time.


425 Lexington was sold by Hines for $750 million. CTBUH

Where do you stand in the sales process?

We have seen strong interest. The first round of bids is due April 24, and I would be surprised if we didn’t select a firm or firms with a closing date in the summer, in the month of August. [This interview was conducted the week of April 15, more than a week before the due date. The tower's sale for $750 million was announced this morning.]

Was the decision to sell based at all on the 7 Bryant Park development?

They’re quite unrelated. The investors in the Hines Core Fund really are a distinct group of entities and they, of course, acquired these assets in 2003. They were looking at the significant appreciation since then, and those investors were participating in a commingled fund with other investors and were involved in core assets that we acquired rather than developed. They are very different than investors in a development.

They are unrelated but parallel activities. Both speak to New York as a strong market. We would tend to avoid selling assets unless we identified a strong market opportunity.

What was the motivation for developing 7 Bryant Park?

Pacolet Milliken has owned the site for over 50 years. Hines was selected by Milliken in April 2009 to move forward and create a development program. We were initially selected as a third-party development manager, and the family had identified the property as part of a larger strategy whereby they separated the industrial company from the real estate company. The partners then moved forward and began the demolition.

What’s extraordinary is we got selected at the very bottom of the real estate market and the very bottom of the financial market, and the family had enough of a long-term vision that the time to develop it at the bottom of the market. We got involved in April 2009, and in the summer of 2011 we mended our relationship so we were in a principal relationship and executed a ground lease in July to get definitive site control. We gave Milliken the opportunity to become a partner.

Approximately 12 months later, we completed financing with J.P. Morgan Asset Management. In that time, we made a fundamental judgment. Do we continue to try to prelease or move forward with a partner on the basis of speculative construction? At 7 Bryant Park, a large user is 250,000 square feet. Our judgment was that those users would respond strongest to a product when it was under way as opposed to putting the project where a major tenant controlled the timing and its fate.


7 Bryant Park (NYT)

Could you elaborate on some of the architectural details of the building?

This is architect Pei Cobb’s second commercial building in Manhattan. The prior one was 200 West Street, the Goldman Sachs building. To be clear, we think there are many things that differentiate the building. The opportunity to be a major tenant, the opportunity to, in many ways, identify through branding with the signage opportunities.

It has the kind of infrastructure you would associate with trading operations or higher-density occupancy. Obviously, those floors will look directly out on Bryant Park, and 100 percent of the users on those floors will have visual connectivity with each other. The nature of the space is very much in keeping with the evolving requirements of the modern workplace: collaboration and higher density.

The ceilings are 10 feet high. The module on the exterior wall is also 10 feet. There is more light and deeper penetration of that light.
There will be an outdoor terrace on the 10th floor as well as a rooftop penthouse with outdoor space. We really took the infrastructure and combined it with aspects of residential projects that had the most appeal, the role of daylight and outdoor space.

We also have plans for a restaurant on the ground floor. We think a high-end destination restaurant is going to be very appealing facing Bryant Park.

[...]

What is the status of the leasing process?

We are in active discussions with a number of prospects. We are hopeful, but that is all I can say. The product has been well received.

What is the timeline for construction and leasing?

We expect to get a certificate of occupancy in February of 2015, on budget. Most of this year will be dominated by work below grade, getting out of the hole and establishing the concrete core. We are expecting by year-end that the major trades, the work below grade, will be complete. The core will be well on its way, and by year-end we hope to start the structural steel erection. All the other trades, the installation of systems such as elevators, will follow shortly after. We have a very good sequence of work all through 2014.

What is your outlook for the New York market?


56 Leonard (Dezeen)

We have other projects in New York. Largely, we experience the world through the projects we are doing. At 56 Leonard, where we are the third-party developer, we have completed the contract, closed the loan and had an extraordinary level of sales activity, close to 50 percent. Obviously, we are very encouraged by high-end residential.

We are doing everything we can to finalize financing on the MoMa Tower so we can move that along as well. We expect high-end residential to continue to be a place we look for opportunity.



Tower Verre

New York is a favored market. You look at the favored few and New York is at the head of that. Right now, we are more focused on development than acquisition, but I would expect, given the performance of assets, we will want to diversify and do more.

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Old May 7th, 2013, 11:17 PM   #3080
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4 WTC and the resurfacing job at 1 Liberty Plaza:

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downtown contrast continued by eligit, on Flickr

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downtown architecture continued 4 by eligit, on Flickr
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