Italian developer Est4te Four — the same folks behind gorgeous and fast-selling 160 Imlay — closed on $33,000,000 worth of Red Hook properties last month, and now we have renderings of what they plan to do with it, courtesy of New York YIMBY. They intend to convert the large brick warehouses on Coffey and Ferris Streets to offices and build new five- and six-story buildings with brick on the bottom and glassy top floors, according to the rendering.
They want to demolish the site’s “less attractive” warehouses, such as the Daily News’ old printing press building. NBBJ is designing the project, which is bounded by Coffey, Ferris and Wolcott Streets and the waterfront. It will also include a waterfront promenade. Altogether it will have 1.1 million square feet of office space.
Click through to see more renderings of the office development. What do you think of the design?
Revealed: Est4te Four’s 1.1 Million Square Foot Red Hook Office Redevelopment [NYY]
Est4te Four Buys up More Red Hook Warehouses, Plans Office Conversions [Brownstoner]
Renderings by NBBJ via New York YIMBY
Vice Media is moving out of its new offices on North 11th Street and spending $20,000,000 to renovate a 60,000-square-foot building on Kent Avenue and South 2nd Street, Crain’s and WSJ reported. Its space at 90 North 11th Street, previously occupied by vintage clothing store Beacon’s Closet, is part of a former bus depot that runs from North 10th to North 11th streets between Berry and Wythe, which is being razed to make way for a 12-story, 100,000-square-foot retail and office building.
The developer, Cayuga Capital, is forcing Vice and Fast Ashley’s Studios out of the complex, as The Real Deal reported in April. The company has expanded twice since February, including taking over the Beacon’s Closet space in March.
Vice’s new South ‘Burg offices will feature production facilities and have full broadcast capabilities. “Brooklyn is our home and we’re already hard at work developing a freaky, space-age utopia that will give today’s creative visionaries a place to produce astonishing stories and leave their indelible thumbprint on the annals of history,” a spokesman told the Journal.
The state is also granting the company $6,500,000 in tax incentives if it adds 525 new employees to its current staff of 400. We’re guessing the new location is 285 Kent Avenue, a 45,000-square-foot warehouse on Kent between South 2nd and South 3rd Streets (pictured).
Vice Media Grows in Brooklyn [Crain’s]
Vice Media Moving to New Williamsburg Headquarters [WSJ]
Photo by Christopher Bride for PropertyShark
Image source: Seth W. on Flickr
Trying to get around has been crazy this week, with hurricane-related transit issues, and many people have been biking to work. It’s a great time to bring up the topic of bike sharing again, for those of you who wish you could get around on two wheels. Unfortunately, the Citi Bike program, which will bring about 10 bike rental stations to Long Island City, hasn’t gotten up and running yet. Now it is slated to launch in March 2013.
There’s another option in the meantime: renting bikes from your neighbors using Liquid.
Last month we mentioned a group looking to create a coworking space in Astoria – such a space would be a welcome resource for freelancers, independent workers, telecommuters, entrepreneurs, and other Western Queens residents who don’t have a traditional workplace.
In the meantime, for those who want the occasional coworking environment, there’s always Loosecubes, the “private global office sharing network.” It’s a website that lets offices list their empty desks so that solo workers can sign up to work there when they’re craving a productive space and some temporary coworkers.