Frustrated by community activists who don't want them to build a 50-story tower on the north side of Pier 17, South Street Seaport's operator is now taking on a sky- high project an anchor's toss to the south.
We've learned The Howard Hughes Corp. is in contract to buy 80 South St., an 8,128 square-foot parcel at South and Fletcher streets where City Planning has already approved a 1,000-foot-tall tower designed by Morali Architects.
Once targeted for Sky Cubes, a quirky Santiago Calatrava design proposed by Frank Sciame, the fully permitted building was scrapped in 2008 when no one wanted to buy the 10, $29 million-to-$30 million townhome cubes.
Sciame, whose offices are still in the building, recently transferred a $14.5 million mortgage back to the site's Queens-based owner, Cord Meyer, which is selling the site and plans to HHC.
Meanwhile, the Seaport's pre-land use review community working group has complained that HHC's proposed 50-story tower on the former Fulton Fish market is out of character for the 'hood.
Owning and shaping the 80 South St. hotel and residential tower, possibly with its own Seaport project's SHoP Architects, will let HHC maintain area design controls and inject some taller character. Calls to all elicited no comments or were not returned. Stay tuned.
The Gap is falling into Lower Broadway with a large store at the base of the upcoming Marriott Residence Inn at 170 Broadway.
Ariel Schuster of RFK represented The Gap while the hotel, owned by the Carlyle Group, was represented by Haim Chera of Crown Acquisitions.
Sources said the store will have 6,500 square feet on the ground, 7,000 square feet on the second floor and a 5,400 square-foot lower level. The ground floor had an asking rent of $600 per square foot.
Tech tenants won't be fooled again by misunderstandings with building owners about specific wiring requirements prior to signing leases.
WiredNYC, a project founded by Jared Kushner with the city's Economic Development Corp., has taken wiring to a new level by certifying buildings through the new nationwide Wired Score.
The LEED-like system will be noted in the industry's CoStar Group data base and provides grades from Connected to Platinum — a top score now held by 20 buildings including 32 Ave. of the Americas.
Philip Kanfer and Arie Barendrecht of Wired Score say this helps tenants and brokers ID the needed connections while owners can use it while marketing the sites.
Artist Group International, now part of Ron Burkle's Yucaipa Entertainment Group, has expanded at 150 E. 58th St.
Burkle bought the agency over the summer and realized its current 6,000 square feet was no longer a match.
After broker Corey Abdo of EVO discovered lawyers on the same floor needed less space, building owner Vornado Realty Trust's agent, Jared Solomon, moved the legal eagles and AGI took its 5,664 square feet that had an asking rent of $68 a square foot. Now, the entire 11,664 square-foot 19th floor will be rebuilt for AGI through a seven-year lease amendment.
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