Excavation Underway At 300 North Christopher Columbus Boulevard In Northern Liberties, Lower North Philadelphia
A recent site visit by Philly YIMBY has discovered that excavation work is underway for a 315-foot-tall, 24-story tower at 300 North Christopher Columbus Boulevard in Northern Liberties. The development will span nearly an entire city block, bordered by North Christopher Columbus Boulevard to the east, Vine Street to the south, Water Street to the west, and Callowhill Street to the north. Designed by Handel Architects and developed by The Durst Organization, the 316-foot-tall tower will feature 10,094 square feet of ground-level retail as well as a new public park as part of the development. The site is located on…
Date 2022-09-07
Author Vitali Ogorodnikov
Half of Market Rate Units Now Leased at LIC High-Rise ‘Sven’
The Durst Organization announced today that half of the market rate residencies at its luxury 71-story skyscraper in Long Island City are now leased The building, called Sven, is situated in the Queens Plaza section of Long Island City and half of its 670 market-rate residences are now in contract. The developer began leasing the apartments eight months ago with the first residents moving in at the start of the year, according to Durst. Sven is the second-tallest building in Queens—with the Skyline Tower being the tallest—and offers residents views of the Manhattan skyline and surrounding boroughs. The building, which…
Date 2022-08-30
Author Michael Dorgan
‘Screw This City’: There’s Never Been a Worse Time to Rent an Apartment in NYC
It’s the peak rental season in New York — and in the hottest market in decades, apartment hunters are fed up, frustrated and over budget Open houses have been drawing hundreds of people and then going viral on TikTok. Some prospective tenants are applying sight unseen for multiple units that seem good enough, hoping that one landlord chooses them. Apartments are often renting for hundreds of dollars over their asking prices, which already were well above what they’d ever leased at before. “I was like, ‘Screw this city,’” said Kelly Stamps, 26, who braved overrun showings for half a year…
Date 2022-08-19
Author Jennifer Epstein and Paulina Cachero
Durst signs trading firm to full floor at One Five One
The Durst Organization is done leasing full-floor office space at One Five One — for now Douglas Durst’s firm signed the Chicago Trading Company to a 68,000-square-foot lease at the Times Square tower, the New York Post reported. The trading firm is taking the floors 36 and 37 in the 52-story building, formerly known as Four Times Square. The lease eliminates the last full-floor office availability at the 1.7 million-square-foot property, formerly known as the Condé Nast Building. The asking rent for the space was $110 per square foot. The length of the lease was not clear. CTC is moving…
Author The Real Deal
Chicago Trading Company Takes Last Available Full Floors at the Durst Organization’s One Five One
The Durst Organization today announced that CTC (Chicago Trading Company) has signed a 15-year lease for 68,339 square feet on the 36th and 37th floors at One Five One West 42nd Street. The trading firm is moving their office from 1120 Avenue of the Americas Building on its pedigree as the first green skyscraper in the country, One Five One West 42nd Street achieved LEED Gold certification under LEED v4 Existing Buildings: Operations + Maintenance. This accomplishment is a result of a $150 million-plus capital improvement program, which included new entrances, a lobby renovation, new destination dispatch controls and elevator…
Author Real Estate Weekly