NEW DEVELOPMENTS

Plans for SHoP’s 10-story wooden condo tower squashed
February 24, 2017

Plans for SHoP’s 10-story wooden condo tower squashed

By Diane Pham
SHoP's proposed wooden tower has gotten the axe, reports The Real Deal. The wood high-rise which was slated to rise along 18th Street in Chelsea has been scrapped, as a downturn in the market has forced developer Sy Ghassemi to change course.
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Extell reveals renderings of new Central Park West condo tower
February 1, 2017

Extell reveals renderings of new Central Park West condo tower

By Dana Schulz
Though Extell is best known for sky-high mega-developments like One57, the Central Park Tower, and One Manhattan Square, they've also been taking on some slightly smaller residential projects, gobbling up swaths of real estate in the upper Midtown area.
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Jared Kushner will lend $1B to developers over the next five years
November 30, 2016

Jared Kushner will lend $1B to developers over the next five years

By Dana Schulz
When Charles Kushner founded real estate development firm Kushner Companies in 1985, he may have had visions of his son Jared taking over the company (which he did in 2007), but he never could have predicted the role his kin would have in one of the country's most contentious presidential elections.
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NYC’s next superblock: Development goes into overdrive along far West 29th Street
November 16, 2016

NYC’s next superblock: Development goes into overdrive along far West 29th Street

By Michelle Sinclair Colman
It is not often that a single block stands out in a city like New York. But a huge transformation is occurring at the junction of 29th Street. West 29th Street, in between 10th and 11th avenues, is the transition point between three neighborhoods: West Chelsea, Hudson Yards and the Far West Side.