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Developers Resurrect Plans for 130,000 Sq.Ft. Green Roof atop Barclays Center

14 Apr 2014, 3:23 pm

By Veronica Grecu, Associate Editor

The multi-purpose indoor arena that the Brooklyn Nets have been calling home for almost two years will get a “green” redesign of its huge roof, Forest City Ratner Companies (FCRC) and Greenland Group Co. of Shanghai announced recently.

Barclays Center green roof - Brooklyn NY

Barclays Center green roof – Brooklyn NY

Brooklyn’s Barclays Center sits at the intersection of Flatbush and Atlantic Avenues and was completed in 2012 to serve as the centerpiece of the 22-acre Atlantic Yards commercial and residential project which the FCRC/Greenland joint venture is developing in the vicinity of the arena. The $1 billion structure designed by SHoP Architects and Ellerbe Becket, two of the world’s largest architectural firms, can accommodate up to 19,000 people. Since its grand opening the arena has been used mainly for sports and entertainment events, hosting stars like Beyonce and Miley Cirus, and has quickly become an iconic landmark in New York City. Only a few days ago Barclays Center hosted the 29th Annual Rock & Roll Hall of Fame induction ceremony during which cult bands, solo artists and non-performers such as Nirvana, Peter Gabriel, Cat Stevens, Linda Ronstadt, KISS, Bruce Springsteen’s E Street Band, Beatles manager Brian Epstein and Rolling Stones manager Andrew Loog Oldham were honored.

According to FCRC President and CEO MaryAnne Gilmartin, the original design of the arena had anticipated a green roof as part of the development team’s effort to achieve LEED Silver certification for sustainable design and construction methods—a goal that was reached in July 2013—but the plans for a green roof were cut during development for financial reasons. The FCRC/Greenland joint venture is now moving forward with plans to add a 130,000-square-foot planted roof meant to dampen the noise coming from the loud events hosted by the giant arena and help reduce greenhouse gases while aesthetically complementing the emerging Atlantic Yards project.

Also designed by SHoP Architects, the new roof will be built above the existing one, creating an air gap ranging from four feet at the edge of the roof to 10 feet at its highest point. The green roof will be supported by a steel structure and will consist of small plants and a thin soil-like cover that will be installed over the already-famous Barclays Center green logo on the existing roof.

While the developers failed to disclose any financial or schedule-related details, Brooklyn Daily notes that the roof project will be partially funded by Greenland and will take about nine months to complete since the start of installation.

A similar project was completed last year at the Javits Center in Manhattan. The convention center’s $465 million expansion and revitalization included a 6.75-acre green roof—the second largest in the United States and the largest in the Northeast region on a single, standalone building.

Rendering credits to SHoP Architects



Big Apple Goes Super Tiny: Micro-Unit Development in Manhattan Lands $10.3 M Construction Loan

8 Apr 2014, 2:14 pm

By Veronica Grecu, Associate Editor

 

It took more than one year to get this project going but the Big Apple is finally getting its first ever micro-apartment building developed on city-owned land. As previously reported by Multi-Housing News Online, in early 2013 Monadnock Development LLC, Actors Fund Housing Development Corporation and nARCHITECTS were selected as the winning team of the “adapt NYC” Competition, a city-sponsored pilot program that looked for innovative designs to solve New York’s housing crisis.

My Micro NY in Kips Bay, Manhattan

My Micro NY in Kips Bay, Manhattan

M&T Bank recently closed on a $10.3 million construction loan to provide the largest piece of financing for Monadnock Development LLC and its partners to build the first micro-unit, modular property with rental apartments measuring between 250 and 370 square feet. Additional financing for the $16.6 million project called My Micro NY will come through equity provided by the development team and a secondary construction loan awarded by the NYC Department of Housing Preservation and Development.

Though some voices might question the project’s significantly low price, My Micro NY will be a financially sustainable development by incorporating very fast, efficient and cost effective modular construction technology designed to make small spaces more livable. “Modular construction is cost efficient and we believe these micro-units will fill a need in the

My Micro NY in Kips Bay, Manhattan

My Micro NY in Kips Bay, Manhattan

Manhattan market,” said in a press statement M&T Bank Regional President Peter D’Arcy.

The innovative My Micro NY is currently under construction on the site of an old parking lot at East 27th Street and Mt. Carmel Place in Manhattan’s Kips Bay neighborhood. The nine-story rental property will include 55 small-sized units built with modules prefabricated in a factory at the Brooklyn Navy Yard by Capsys Corp., Monadnock’s sister company that specializes in modular housing. Designed for singles and couples and expected to be available for rent in 2015, the apartments at My Micro NY will feature nearly 10-foot ceilings, 8-foot windows and built-in storage spaces that will make the units appear larger. According to an official statement, 40 percent of the super-tiny units will be marketed as affordable. Project plans also include nearly 700 square feet of retail space at the ground floor of the building.

 

Renderings of My Micro NY credits to nARCHITECTS



Financial District Selected for IHG’s Fifth New York City Hotel Indigo

31 Mar 2014, 7:17 pm

By Veronica Grecu, Associate Editor

InterContinental Hotels Group (IHG) is set to expand its New York City footprint by opening a new Hotel Indigo in the Financial District, the company announced recently.Hotel Indigo logo

“The financial district has long been known for its commercial success, but it’s recently experienced significant cultural and residential growth, and we are so proud that we’re becoming part of the neighborhood,” said Mary Winslow, director, Hotel Indigo Brand Management, in a press statement.

Located on historic Maiden Lane between Nassau Street and Broadway in Lower Manhattan, the 25-story boutique hotel will be just a block away from the tallest building in the Western Hemisphere—the new One World Trade Center.

Owned by 10-12 MLane, LLC, the $32 million facility will be the fifth Hotel Indigo in New York City, joining IHG’s existing locations in Brooklyn and Chelsea and two additional hotels that the company plans to develop in the Lower East Side and Flushing, Queens. When open in 2016, the Hotel Indigo NYC Financial District will offer 190 guest rooms featuring plush bedding, hard surface flooring and spa-inspired bathrooms. Additionally, the hotel will have almost 1,500 square feet of meeting space, a fitness center and a rooftop lounge.

In October last year BuzzBuzzHome reported that 10-12 MLane purchased the four-story building at 8 Maiden Lane for $5.6 million from a company called Rusdan Operating Corp. which had owned the property for more than three decades. According to the source, 10-12 MLane selected architect Gene Kaufman to create the conceptual design for the 76,000-square-foot boutique hotel.



Urban Future Lab Incubator Opens in Downtown Brooklyn’s Tech Triangle

16 Mar 2014, 4:32 pm

By Veronica Grecu, Associate Editor

The network of business incubators and accelerators is booming throughout New York City. A new facility designed to house startups and support sustainable infrastructure officially opened last week in Downtown Brooklyn’s “Tech Triangle.”

15 MetroTech Center - Brooklyn, NYC

15 MetroTech Center – Brooklyn, NYC

Designed to offer affordable work space, training services and resources for talented entrepreneurs and schoolchildren who can provide solutions to global urban problem, Urban Future Lab was created by a partnership between the New York City Economic Development Corporation (NYCEDC) —which has sponsored 15 incubators in the city so far—and the New York University Polytechnic School of Engineering. Urban Future Lab occupies 10,000 square feet of space on the 19th floor at 15 MetroTech Center. The 21-story office tower is owned by Forest City Ratner, one of the largest urban development companies in the nation.

Following the Varick Street incubator that was inaugurated in 2009 and the DUMBO incubator that opened two years ago, the Urban Future Lab marks the third collaboration between the city and NYU.  This initiative was made possible with funds coming from public and private resources, including lease support from Forest City Ratner and a corporate sponsorship from National Grid through its “Connect 21” program.

“The Urban Future Lab encourages economic growth, job creation and innovation while connecting New Yorkers to the flourishing clean technology sector,” said Deputy Mayor for Housing and Economic Development Alicia Glen in a prepared statement. “Cultivating the tech sector, through incubators like the Urban Future Lab, is critical to developing jobs for all New Yorkers, including students, teachers, and low-income entrepreneurs.”

Once it becomes fully operational, the new clean tech business incubator is expected to provide shared work areas for around 20 companies that can help cities and infrastructure become smarter and more sustainable. The lab will also offer 2,000 square feet of demonstration and exhibition space, combined with teaching and research rooms for 50 public school teachers annually, including NYU School of Engineering’s K-12 STEM programming and the Science of Smart Cities program for middle school students.

The Urban Future Lab in Downtown Brooklyn is expected to create more than 9,000 new jobs by 2025.

 

Image via Forest City Ratner



$225 Million Mixed-Use Tower to Revitalize Downtown Jamaica

10 Mar 2014, 4:01 pm

By Veronica Grecu, Associate Editor

Greater Jamaica Development Corp. has plans for a mixed-use tower that is expected to revitalize an underdeveloped site at 93-01 Sutphin Boulevard and the corner of Archer Avenue, near the Jamaica AirTrain Station area and across from the Long Island Rail Road station.

93-01 Sutphin Boulevard - Jamaica, Queens

93-01 Sutphin Boulevard – Jamaica, Queens

According to the Queens Time Ledger, the new high-rise will be developed on land owned by Greater Jamaica and will replace a Duane Reade store which has a lease running through 2018 with an option to renew until 2023.

Dubbed Site 6, the $225 million project will mark the largest private investment in this Queens neighborhood and will be part of the city’s redevelopment efforts to revitalize its downtown area. The 22-story tower will be built by the New York-based BRP Companies, the developer behind Macedonia Church Development Corp.’s 143-unit affordable rental building at 37-08 Union Street.

Reportedly, the tower project will have 400 apartment units, a fitness center for residents and a roof deck. The 80,000-square-foot street level retail space will most likely be occupied by grocery stores. The site is included in New York City’s Food Retail Expansion to Support Health program, which means grocery store operators and/or developers seeking to construct or renovate retail spaces in underserved communities are eligible for up to 20,000 square feet in additional development rights, as well as financial incentives and tax exemptions.

According to the source, in June 2012 Greater Jamaica issued a request for proposals to revitalize the Jamaica neighborhood. A list of redevelopment projects was announced since that time, including a 26-story hotel with 210 rooms that will be constructed south of the AirTrain station.

 

Image via Google Maps







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