The the five townhouses, all include parking garage, rooftop outdoor space, and six stories:
55 Pearl Street, 3,358 sf / 695 ext sf / 466 sf garage, (floorplan pdf)
169 Water Street, 3,049 sf / 664 ext sf / garage, (floorplan pdf)
171 Water Street, 3,049 sf / 664 ext sf / garage, (floorplan pdf)
173 Water Street, 3,049 sf / 664 ext sf / garage, (floorplan pdf)
175 Water Street, 3,049 sf / 664 ext sf / garage, (floorplan pdf)
No word on pricing yet, but with demand high for family sized homes in Dumbo with limited inventory, these will probably be north of $4MM or even $5MM+. To compare, one penthouse (PHS) at 185 Plymouth Street (3,056 sf) is on the market for $3,950,000 and the other (PHN) is $3,400,000.
On June 19th, 2012, the Brooklyn Bridge Park Board of Directors voted to approve a mixed-use development including residential and hotel units, restaurant and retail space, as well as a banquet hall and fitness center on Pier 1 of the Brooklyn Bridge Park. This project will generate funds over the term of the lease to fund maintenance and operations of the park and allow Brooklyn Bridge Park to continue building and maintaining its beautiful waterfront park for future generations.
As Brownstoner and Curbed reported, the winning design by Rogers Marvel incorporates a 10-story structure with both hotel and residential as well as a five-story building with just residential.
The NYC Office of the Mayor announcement (PDF) says the venture between Toll Brothers City Living and Starwood Capital Group will develop the 550,000 square foot complex that will include a 200 room luxury hotel and 159 residential units adjacent to Pier 1. The hotel will be called 1 Hotel and the proposed building plan will feature 16,000 square feet of restaurant space, 16,000 square feet of banquet and meeting space, 2,000 square feet of retail space, a 6,000 square foot spa and fitness center, and 300 parking spaces.
Over the course of the lease term, the development is projected to result in $119.7 million in net present value of revenue from a variety of sources to help fund the maintenance and operations of sections of the park that are built or underway. Upon completion, the project will generate a projected total of $3.3 million annually in rent and payments in lieu of taxes from residential unit owners and the hotel operator to maintain the park.
Development is expected to break ground by summer 2013 and open the hotel and residential building in the fall of 2015.
openhousenewyork (ohny.org) announces a new series – openstudios- designed to provide exclusive access to the architecture studios and the individual architects and designers whose work make New York City a vibrant and sustainable place to live and work. This series will also highlight the individual neighborhoods throughout the city that have become burgeoning hubs of architectural creativity and design innovation.
Organized in collaboration with The Architect’s Newspaper, Two Trees Development, and the DUMBO Improvement District, the series kicks off on Saturday, February 25, 2012 from 1:00 – 5:00pm in DUMBO, Brooklyn. More than twenty-five established and emerging architecture and design firms will open their studios to discuss their practices. Visitors will have the opportunity see models, renderings, and drawings, and get insight from the architects and designers themselves into the influences and challenges that shape their practice.
For a list of the participating firms, visit the Dumbo BID website. To attend, purchase your tickets here for $30. Tickets will be sold on the day of the event for $35 ($25 for students). Check in is at 81 Front Street on the day of the event.
The signs, where they exist, are paid in part by a nonprofit organization, the Landmarks Preservation Foundation, that works with the commission to underwrite historical markers.
Elisabeth de Bourbon, a spokeswoman for the commission, said the signs do not come automatically as soon as a historic district is designated. “There’s nothing that happens if they don’t get in touch with us,” she said. “We don’t proactively go into neighborhoods to install signs.”
Though some community groups have not yet informed the Landmarks Preservation Commission that they are missing the signs, others, including Douglaston Hill, Dumbo and the extension to the already-designated Greenwich Village, say they haven’t seen any progress even after making the request.
Apparently, the neighborhood must raise most of the money for the signs themselves. The foundation grants each historic district $400 for the signs, which cost $55 each to manufacture, according to the commission.
According to privately run Historic Districts Council, “the initial signs for the then-80-plus historic district were funded by an anonymous donor with the intention that the City would provide appropriate signage as new districts were designated. This was agreed-upon but failed to be kept in practice, and unfortunately now, communities are responsible for providing funds for their own street signs, often through discretionary city council or private funding. This strikes us as a rather sad state of affairs, quite like asked to pay to print your diploma – but we suppose that happens too.”
As one commenter in the NY Times article states, “The Department of Transportation is in the process of changing all City street signs from all-caps to signs with only the first letter capitalized. One would hope that the Landmarks Preservation Commission could coordinate with this fellow City agency to have the terra cotta-type street signs put up in historic districts currently without them at the time that DOT would be replacing the green signs regardless. This would, in theory, save DOT the cost of manufacturing green signs that aren’t needed while also providing these districts with the special signs they desire.” However, we’ve started spotting the new DOT signs in certain areas of Dumbo:
As of this morning, it looks like the facade work on the 55 Washington Street building is completed and scaffolding is being taken down. Work on the exterior started in July. The building looks as good as new.
The retail conversion ‘behind’ the building on Adams Street is still being worked on.
In March, the Dumbo Improvement District (DUMBO BID) issued a Request for Proposals (RFP) for design schemes and ideas that re-envision the public space known as the Pearl Street Triangle from professional architects and designers that reside or work in Dumbo.
Once a parking lot and illegal dumping site, the DUMBO BID with NYC DOT, opened the transformed Pearl Street Triangle on August 8, 2007, complete with its signature bright green paint, street furniture and public art features as a temporary treatment to gage the community’s response and usage of the space. In the three years since, the DUMBO BID is looking towards future uses of the public space and hopes that this competition will spur some thought on how the Pearl Street Triangle should evolve as an innovative and functional public space for Dumbo.
They showcased 8 design proposals in May. Last night, the DUMBO BID announced the winner of the Pearl Street Triangle “Ideas Competition.” The winner was by Brendan Coburn, AIA of Coburn Architecture (based at 45 Main Street) and his project designers, Yuliya Ilizarov and Abdou Ndoye titled “The Tracks: Ride the Rails!”
Project Name: The Tracks: Ride the Rails! Description: The Tracks plaza takes it’s inspiration from the myriad of rail lines that at one time weaved their way through the industrial streets of DUMBO. As these tracks emerge from beneath the pavement surrounding the triangle they become the armature for a series of tiered seats that wind through the site to create three amphitheater-like spaces: the first, facing the Manhattan Bridge, is delineated by seating for films projected onto the masonry wall that encloses the arch beneath the bridge; the second, a performance and display space enclosed by two opposing tiers; and the third, where a low tier hugs a series of in-ground fountains. Shallow alcoves are molded underneath the higher tiers, welcoming local artists to display their creations.
All of the submissions were interesting and had a different spin on the use of the public space. There was even one that proposed adding a subway stop at the Manhattan Bridge anchor above the Triangle with an elevator/stairs down below. How do you think the space should be used? Other submissions after the jump. (more…)