NEW YORK | Hudson Yards Block 675 | 194m | 637ft | 59 fl | 161m | 529ft | 37 fl | Prep - SkyscraperCity
 

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Old December 16th, 2018, 12:32 AM   #1
Hudson11
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NEW YORK | Hudson Yards Block 675 | 194m | 637ft | 59 fl | 161m | 529ft | 37 fl | Prep

Block 675 Tower A

Jeff Levine Lining Up $415M in Construction Financing for Hudson Yards Tower



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Jeffrey Levine’s Douglaston Development is shopping around for a $415 million construction loan for its planned $580 million multifamily development at 601 West 29th Street near Hudson Yards, Commercial Observer has learned.

[...]

Douglaston plans to erect a 58-story, 931-unit apartment tower at the site—on the corner of 11th Avenue adjacent to the High Line—designed by architectural firm FXCollaborative. The project is on a 42-month temporary certificate of occupancy construction schedule and set to wrap in 2022, according to Greystone Bassuk President Drew Fletcher, who is negotiating the debt.

Last edited by Hudson11; December 16th, 2018 at 12:42 AM.
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Old December 16th, 2018, 12:41 AM   #2
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NEW YORK | 606 West 30th Street | 161m | 529ft | 37 fl | App

Block 675 Tower B

West Chelsea development with 1,200 apartments gets City Council approval

early renderings

https://www.buzzbuzzhome.com/us/606-...et#image-All-2



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Old June 7th, 2019, 12:53 AM   #3
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Hudson Yards continues its growth.

Douglaston brings in new partner on West Side resi tower, lands construction loan

Quote:
Douglaston Development has landed $415 million in construction financing for its new residential tower near Hudson Yards — and a new partner to help get the job done.

Douglaston, the development firm led by Jeffrey Levine, created a joint venture with the publicly traded Ares Management Corporation to develop a 931-unit luxury residential project at 601 West 29th Street at the corner of 11th Avenue, Douglaston and Ares announced Thursday.

The venture also secured construction financing from a group of banks led by HSBC and including Bank of China, Landesbank Hessen-Thüringen, Santander Bank and Raymond James Bank, Douglaston said. It also closed on about 120,000 square feet of air rights from Hudson River Park. The proceeds of that sale will go toward “significant park improvements in the neighborhood,” the developer said.

Ares also has committed to invest $160 million in joint-venture equity into the project, according to Greystone, whose Drew Fletcher, Paul Fried, Matthew Hirsch and Bryan Grover advised the joint venture on the debt and equity raises.
photo of the site by ILNY


601 West 29th St by NyConstructionPhoto, on Flickr
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Old July 3rd, 2019, 06:31 PM   #4
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nice. It looks like they are ready to go.
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Old July 10th, 2019, 10:13 PM   #6
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Hudson Yards badly needs one really tall dominant building.
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Old July 29th, 2019, 01:13 PM   #7
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So this could be prep soon.
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Old August 4th, 2019, 08:54 PM   #8
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Old August 21st, 2019, 08:15 PM   #9
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height of the taller tower has been chopped. Since both buildings are highrises, i'm merging the threads for Block 675 for convenience.

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01


Last edited by Hudson11; August 21st, 2019 at 08:20 PM.
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Old September 3rd, 2019, 04:36 PM   #10
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prep work has begun.

https://newyorkyimby.com/2019/09/exc...son-yards.html



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Old September 3rd, 2019, 08:24 PM   #11
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Can you move this out of Proposed Highrises and change the title to Prep mode?
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Old September 4th, 2019, 05:31 PM   #12
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^Preparation-threads have always belong to Proposed subforums.
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Old September 7th, 2019, 06:14 PM   #13
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Tower A

http://www.fxcollaborative.com/proje...t-development/








Last edited by Hudson11; September 7th, 2019 at 09:30 PM.
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