In New York City there’s always something interesting happening in the real estate scene. New construction is constantly changing the face of the city. Here are five real estate projects that are being talked about with anticipation in 2019.
Waterline Square is a large-scale, condo project on a waterfront site in Manhattan. This spring, residents will begin moving into the three-tower, 263-unit luxury space. This incredible residence boasts indoor tennis courts, a lap pool, an indoor skate park, an indoor soccer field, a bowling alley, and even a movie theater.
Empire Outlets is a new, commercial-space development at the St. George Terminal of the Staten Island Ferry. Empire Outlets will be New York City’s first outlet mall and is set to open in April. The mall will have views of lower Manhattan and about 100 shops and restaurants, including tenants such as Nordstrom Rack, H&M and the Nike Factory Store.
The famous Chelsea Hotel has a planned spring 2019 reopening, after having battled through renovation issues for several years. The hotel, built in the 1880s, has been home to cultural icons and is a well known New York City landmark. The redone building will consist of 125 to 130 rooms, both hotel rooms, and apartments, with a look and feel similar to the original hotel. The first floor will house a restaurant, lobby lounge, greenhouse, and private event space.
Hudson Yards is the largest private real estate development in the United States. Hudson Yards will have more than 18 million square feet of commercial and residential space, including office towers and shops, and will be home to New York’s first Neiman Marcus. The urban development will include about 4,000 residences, 14 acres of open public space, a 750-seat public school and an Equinox Hotel.
Dock 72 is a 675,000 square foot building at the Brooklyn Navy Yard. The space is set to open in the next few months. The building is designed as a modern office infrastructure with an aesthetic that will appeal to a collaborative workforce. The space features 14-foot floor to ceiling heights with 8 feet of glass, bringing light into the building and offering a view of Manhattan. The building also has 18,000 square feet of private terraces for outdoor workspace.