Big Developments for Tammany Hall

Reading International has announced  he closing of construction finance facilities totaling US $57.5 million to fund the non-equity portion of the anticipated construction costs of its redevelopment of 44 Union Square in New York City. It’s the historic building at the corner of 17th and Union Square East that is historically known as Tammany Hall.

The redevelopment of 44 Union Square will add approximately 23,000 square footage of rentable space to the current square footage of the building for an approximate total of 73,322 square feet of rentable space, inclusive of anticipated BOMA adjustments and subject to lease negotiations and the final tenant mix.

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  • Even MORE Condos on the Corner

    From YIMBY.com:
    Earlier this month, developer Ranger Properties paid $22,000,000 for two buildings at the corner of University Place and East 13th Street, in the heart of the Village near Union Square. Then EV Grieve reported that longtime stalwart University Place Gourmet had shuttered, along with a Chinese laundry around the corner on 13th Street.

    Now plans have been filed to construct a seven-story apartment building on the site at 34 East 13th Street, and Adjmi Architects is designing. There will be six apartments spread across 15,550 square feet of residential space, for a very spacious average unit of 2,591 square feet. They’ll definitely be condos, with just one apartment per floor. Six stories of apartments will be stacked on top of 3,200 square feet of ground floor retail

    Amenities listed on the Schedule A include a “private/public” roof deck (maybe there will be both!) and a gym in the cellar.

    The 3,300-square-foot property is currently home to three buildings—a four-story apartment building on the corner that has University Gourmet on the ground floor, a single-story building housing a doggy day care, and a three-story apartment building with the laundromat.

    Demolition permits have not yet been filed to knock them down.

    Before Ranger Properties snapped up the assemblage for $1,100 per buildable square foot, the site hadn’t changed hands since 1980.

    However, 34 East 13th Street will seem small compared to the 23-story tower planned one block south at 100 University Place. Harry Macklowe is developing the building, which will stand 309 feet tall and include 52 apartments. Other projects in the hood will also be high-end condos, including 17 East 12th Street and the nearly complete garage conversion at 12 East 13th Street.

  • Will NYU Ultimately Devour Us All?

    NYU is slowly but steadily revealing more of its ultimate expansion plans for completion by 2031. They’re epic in scope, and while most of the activity remains below 8th Street, there’s always the chance that their desire to grow will have them heading our way, as if we didn’t already have enough of that going on. Here’s the plan.

  • Latest New School Construction Update

    Next week (June 4 to June 5), Superstructure work will continue at the 18th floor level. The superstructure concrete work will be completed on the building buy the end of the month. Deliveries for the internal systems of the building have been ongoing and will continue, although they should not greatly affect the flow of pedestrian and road traffic.

    The following week (June 11 to June 15), we will be working on the machine room levels on the 18th floor. Deliveries for the internal systems of the building have been ongoing and will continue, although they should not greatly affect the flow of pedestrian and road traffic. The crane on site will be demobilized and removed from site at the end of June.

    This weekend the site will be open on Saturday, June 2nd for superstructure related activities between the work hours of 7AM and 5PM as permitted by the City. To control noise levels within the site, work activities will be limited to the placement of formwork and concrete, plumbing and electrical work, rebar for concrete placement, using the crane and equipment to support all activities. Safety horns are used, and required by law, to coordinate lifting with the crane and to alert the workers of the danger overhead. We have directed the operators to limit the use of horns to one short sounding and to use the crane later in the day so as to avoid any excess noise.

  • Goodbye Garden of Eden, Hello Atherea

    Garden of Eden is gone and missed. In its place will come Atherea, a more organic, health-food focused market and cafe. Does that mean $$$$? Probably. Here’s what they say:

    “At Atherea Natural Market, we are leaders in the niche of premium organic products and your trusted resource for individuals who are dedicated to integrating health and sustainability into their lifestyles. At Atherea Natural Market, we understand that food is foundational to our well-being. Our rigorously curated selection encompasses awide array of local organic and NON-GMO fruits and vegetables, nutrient-dense pantry essentials, organic prepared foods andcatering, along with our third party tested vitamins and supplements. We partner exclusively with local NYS organic farmers who strictly adhere to biodynamic and regenerative farming standards that enhance the health of our ecosystems. This dedication ensures that our customers have access to products that are not only organic and NON-GMO but also responsibly sourced, harvested, and sold within our market.”
    Yep, sounds $$$$
  • Latest New School Construction Update

    Next week (July 15 to July 19), material and equipment deliveries and installation work will continue on all floors inside the building. We will be working on the new sidewalk around the building on 13th st. Additionally we will be working on the roofs of the building.

    The following week (July 22 to July 26), material and equipment deliveries and installation work will continue on all floors as well as sidewalk work.
    This weekend the site will be open on Saturday, July 13th for interior, roof, and sidewalk activities between the work hours of 7AM and 5PM as permitted by the City.