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Entries from Gothamist tagged with 'relatedcompanies'

April 26, 2008

The Kingsbridge Amory in the Bronx has stood as a colossal unused edifice in the Bronx for years. The City recently negotiated with development group The Related Companies to transform the building into a commercial mall. Some residents are unhappy that a piece of their neighborhood with a lot of potential is being sold out from under them. Members of the Kingsbridge Armory Redevelopment Alliance would like to meet with the head of The Related......

Continue Reading "Kingsbridge Armory . . . Mall?"

April 23, 2008

The Gowanus Canal Conservancy held a public meeting in Carroll Gardens this week to unveil renderings for a park and esplanade that would run along the Gowanus canal. The project’s dubbed Sponge Park because planners hope it will help absorb some of the raw sewage that currently contaminates the canal during heavy rainfall. (Brownstoner believes oily runoff from the nearby Gowanus Expressway is another big problem.) The idea is that when the canal is finally......

Continue Reading "Gowanus Canal's Sponge Park Renderings"

March 22, 2008

MTA officials are reportedly in negotiations with Tishman Speyer Properties this weekend in preparation to award the real estate firm the winning bid on the 26 acre Hudson Yards property. An official announcement is expected at the MTA's board meeting next Wednesday, which will initiate four months of more detailed negotiations about the sale. The winning bidder will acquire the rights to develop commercial and residential properties at the site. A platform will also need......

Continue Reading "Tishman Speyer Out in Front on Hudson Yards Bid"

February 27, 2008

Rendering of proposed Public Place development by The Hudson Companies. Earlier in the week, the department of Housing Preservation and Development [HPD] revealed renderings for a proposed housing development and park on 5.8 acres of heavily polluted land by the toxic Gowanus canal. Located on the site of a former manufactured gas plant, the city has owned the land, which stretches from Smith Street to the canal, for two decades. National Grid, who took over......

Continue Reading "Gowanus Canal Esplanade Envisioned for Public Place"

February 27, 2008

Brookfield Properties, which had offered a plan to bring back streets - as well as 12 million square feet of development and 15 acres of public space - to the West Side Rail Yards, has declined to continue in the bidding process. The MTA had requested revised Hudson Yards proposals with more financial details by yesterday and the bids received were from Durst and Vornado, Tishman Speyer and Morgan Stanley, Extell, and Related Companies.......

Continue Reading "West Side Rail Yards Bidder Drops Out"

January 28, 2008

Over the weekend, hundreds rallied for Pier 40's next transformation to be a park. This Thursday, the Hudson River Park Trust is meeting to discuss two existing bids for the pier located off Houston Street, but a more recent plan, from a group of local parents who hope their $120,000 study, has been gaining some recent momentum. Previously, the Related Companies had proposed an elaborate plan with a Cirque du Soleil theater and restaurants, while......

Continue Reading "Village Residents Rally for a Pier 40 Park"

December 17, 2007

The MTA has apparently narrowed down the list of contenders to develop the West Side Rail Yards - and may even ask them to team up together. According to Crain's New York, the MTA favors the developers who have already lined up tenants. Which means the front runners are The Related Companies with News Corporation and Goldman Sachs, Durst & Vornado with Conde Nast, and Tishman-Speyer with Morgan Stanley. But front runners may need......

Continue Reading "Mixing-n-Matching West Side Rail Yard Proposals"

November 25, 2007

While everyone knows that the proposals five development teams have offered up for the MTA's West Side rail yards are likely to change, the NY Times' architecture critic Nicolai Ouroussoff made it clear that he hopes they do, with a withering review of the five plans. Noting the great opportunity that developers have, Ouroussoff says the designs "are not just a disappointment for their lack of imagination, they are also a grim referendum on......

Continue Reading "West Side Rail Yards Proposals Depress NY Times Critic"

October 11, 2007

Today on the Gothamist Newsmap: An armored robbery in Queens, a boat in distress east of the Steeplechase Pier in Brooklyn and a school bus accident in Staten Island. The bids are in for the West Side Yards, and the companies that submitted them are Extell Development Company, Brookfield Properties Developer LLC, The Related Companies, TS West Side Holding, LLC (A Joint Venture of Tishman Speyer and Morgan Stanley), and Hudson Center East LLC......

Continue Reading "Extra, Extra"

May 3, 2007

Tonight, there's a public meeting and hearing to discuss what will happen with Pier 40 on the Hudson River. The plan on the table is a $626 million proposal called "Pier 40 Performing Arts Center," which includes a Cirque du Soleil performance space, a 12-screen movie theater, a banquet hall and much more. Detractors call it "Las Vegas on the Hudson," and this has set up what the Times calls a "potential showdown between......

Continue Reading "Pier 40 Tug-of-War"

March 19, 2007

It's difficult to know quite what to say about the huge transformations on the horizon for the Far West Side. That's partly because major negotiations and plans regarding the future of Madison Square Garden, the Farley Post Office, the Javits Center, the 7-train extension, and rezoning are taking place behind closed doors. Another reason is the uneven pace at which the planning proceeds-- years of plodding speculation followed by the sudden unveiling of a proposal,......

Continue Reading "Land Deal To Advance Moynihan Station Plan"

February 23, 2007

South Street Seaport sea changes: amNew York reports that the mall at Pier 17 may be demolished - only for the company that owns the mall to build a new one in its place. Well, wait, make that a "mixed-use retail, residential, and open space development." General Growth Properties will be revealing its plans for the space to Community Board 1 on Monday. Its spokesperson didn't give detail on how many floors the new design......

Continue Reading "Razing Possibilities for Pier 17"

February 5, 2007

Today the NY Times introduces us to the man behind some of the city’s most boring buildings. Costas Kondylis, aka the Developer’s Architect, is a skyscraper-embracing traditionalist whose clients have included Donald Trump, Larry Silverstein, Related Companies (developer of the Time Warner Center), Forest City Ratner Companies (developer of The New York Times building and, of course, the Atlantic Yards project) and Vornado Realty Trust (the Penn Plaza towers), among others. Kondylis, who's worked on......

Continue Reading "Costas Kondylis: A Developer's Dream"

January 4, 2007

Development along the Hudson isn't letting up anytime soon. Now that Hudson River Park construction is well underway (and completed in some parts), proposals are being floated for refurbishing the hulking 14-acre Pier 40 terminal. The Villager has a thorough, if skewed, examination of the dualing Pier 40 visions. One, a joint venture of The Related Companies, Cirque du Soleil and the Tribeca Film Festival, calls for a Lincoln Center-style performing arts center. The......

Continue Reading "Pier 40: Overhaul or Just Upgrade It?"

October 19, 2006

Assembly Leader Sheldon Silver did the expected thing at a state Public Authorities Control Board meeting to discuss the Moynihan Station: He refused to support it, ensuring that the city is at least another year away from starting a new transportation hub for NJ Transit and LIRR commuters. Well, we guess Governor Pataki's decision to delay a vote didn't work out very well, but it's not like Silver would suddenly be convinced in three......

Continue Reading "Silver's Bye-Bye Pataki Present: Blocking Moynihan Station"

October 17, 2006

Breaking: Tishman-Speyer, the real estate concern that controls Rockefeller Center, the Chrysler Building, the Lipstick Building, and much more around the city and world, was the winning bidder in the Stuyvesant Town-Peter Cooper Village sweepstakes. The NY Times' Charles Bagli writes: Mr. Speyer and his partner, the Blackrock investment bank, outmaneuvered nearly a dozen bidders, including a group aligned with the tenants at the complexes who hoped to preserve what is fast becoming a......

Continue Reading "StuyTown Sold to Tishman-Speyer for $5.4 Billion"

August 9, 2006

The Daily News revealed the top ten ideas in the running for the redevelopment of Governor's Island. Only 25 proposals were submitted, and while the other ideas may still be considered, these the ones the Governors Island Preservation and Education Corporation is "concentrating" on:Nickelodeon Recreation/Miller Global Properties: Development of a Nickelodeon Family Suites themed resort complex. The company presently runs a similar operation in Orlando, near Disney World. Federal Development LLC/City University of New......

Continue Reading "From Dora the Explorer to Fitness Facility Ideas for Governors Island"

May 27, 2006

They say that history repeats itself, but this is re-dunk-u-lous. Moynihan Station, the long-planned Penn Station expansion into the Farley Post Office that is intended to make up for the destruction of the late, great, original Penn Station (above) hasn't even been built yet but developers are already vying to build a new Madison Square Garden on top of and around it. And yes, this would be MSG number 5 for those of you......

Continue Reading "Another Madison Square Garden?"

February 9, 2006

In a victory for the city's theater industry and possibly good ol' fashioned American kitsch, the city's Planning Department has ruled Cirque du Soleil doesn't qualify as "legitimate theater." Therefore, the developer Related Companies won't get a special bonus for building at a lot on the far western part of West 42nd Street. Take that, Canada - you may have better healthcare and be the home of Degrassi and some Americans may go there to......

Continue Reading "Cirque du Soleil N'est Pas Theatre!"

November 17, 2005

So you are the Related Companies. You have a nice plot o' land over on 42nd and 10th, the former sites of the 286-seat Houseman and 199-seat Fairbanks theaters. Thanks to some goverment tricks, if you build some nice theaters on the site you can also build an extra-tall tower to boot. So, What do you do? Well, if you're anything like the real Related Companies, first you'd make a deal to build a classical......

Continue Reading "No To Cirque by the Square"

September 27, 2005

Florence Fabricant reports that restauranteur Charlie Trotter and his team of developers have cancelled their plans to open a restaurant in the Time Warner Center, a.k.a. the luxury food court. Mr. Trotter said in a telephone interview yesterday that as his restaurant's budget climbed from $6 million to $9 million to $11.5 million, the Related Companies, the center's co-developer, decided to scale back the concept and design. . . . "I didn't want to remove......

Continue Reading "Trotting Away"

April 6, 2004

Mayor Bloomberg and the city's Building Department shut down construction work at the Time Warner Center, after Sunday's sheet-metal-falling incident. Apparently four summons have been given the builders, the Related Companies, during the skyscraper's construction (a man was killed in 2002 when debris hit him), and the sheet metal hit a 60 year old man's arm on Sunday (he was not seriously hurt). The Mayor is angry, saying, "They just pay the summonses and they......

Continue Reading "Stop the Time Warner Center From Hurting Pedestrians"

April 3, 2004

The developers of the Time Warner Center are heading north to the Bronx to develop the Bronx Terminal Market. The Related Companies have bought the dilapidated markets for a reported $40 million. At one point, the Bronx Terminal Market was the country's largest Hispanic wholesale market (according to the Times, there were over 100 tenants and 1000 employees once); now there are only 30 vegetable and fruit sellers. While the Bronx Borough President is happy,......

Continue Reading "Bronx Terminal Market"

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