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 Just About Done Leasing Up Condé Nast's Former Times Square Tower
The Durst Organization has found a tenant for the last two full floors available at its Times Square office building One Five One Chicago Trading Co. has taken 68K SF in the building, previously known as 4 Times Square, across the 36th and 37th floors. The deal is for 15 years, Durst said in a statement. CTC is leaving 1120 Sixth Ave. for the space, which had an asking rent of $112 per SF, the New York Post reported. The building is now 97% leased, the landlord said. The deal is the office leasing equivalent of reaching a peak after…
Date 2022-07-14
Author Miriam Hall
Chicago Trading Company Plans New York Office Relocation to Renovated Times Square Tower
Chicago Trading Company, a proprietary trading firm, is moving its New York office to a renovated tower in Times Square, making the building almost fully leased. It’s the latest sign of overhauled top-tier office buildings having a better shot at attracting tenants even as the market sits at record-high vacancies Chicago Trading Company, or CTC, signed a 15-year lease spanning 68,339 square feet on the 36th and 37th floors at 151 W. 42nd St. between Sixth Avenue and Broadway, taking up the last two available full floors, landlord The Durst Organization said Monday in a statement. The asking rent was…
Date 2022-07-14
Author Andria Cheng