Dan Benassi, SIOR’s Post

The Crimson Galeria in Harvard Square has pivot from office uses to apartments for a planned three-story vertical addition. This mixed-use property will be adding 38 studio, one- and two-bedroom apartments, with approximately 20% designated as affordable. The initial phases of the project began before the pandemic and are now complete. These phases focused on interior upgrades to the existing retail space within the Crimson Galeria, as well as the construction of an Eversource vault to provide additional power for the new addition. To provide added support for the multifamily units, Nauset is now orchestrating the installation of 42 micropiles, four super columns, and significant additional structural steel building upgrades.

Jersey City Approves High Rise at 829 Bergen Avenue A narrow lot in Journal Square that has been home to a vacant building for many years is slated to be revitalized into a new rental complex that will add even more residents to a growing Jersey City neighborhood. The parcel is a narrow lot spanning about 6,800 square feet next to the St. George and St. Shenouda Coptic Orthodox Church. The two-story brick building at the land dates to 1940 and was once home to the Samuel Reynolds Glass Co. despite remaining empty in recent times. Drawn up by Hoboken-based MVMK Architecture + Design, the approved plan calls for the complete demolition of the current structures to be replaced with an 11-story building that will rise 122 feet at the tallest point. The structure will be decidedly modern compared to its surroundings, sporting a tiered design that allows outdoor balcony spaces on select apartments. A total of 77 units will be built within the complex, breaking down as 30 studios, 27 one-bedrooms, 19 two-bedroom units, and a single three-bedroom space. Four of the apartments, or 5% of the total, will be set aside as affordable housing. A resident lounge is included on the first floor of the development, while the top of the structure will feature a 1,500 square foot common roof deck. #jerseycity #realestate #journalsquare #bergen #housing

🚨 PLANNING APPROVED 🚨 With LISTED BUILDING CONSENT Did you know they are two seperate things? And you can get Listed Building Consent without Planning Permission?! You do now! 😆 Great collaboration between my businesses XP Property and AURA Architecture & Interiors Go team! This Grade 2 Listed office building will be converted to 4x lovely flats right in the town centre of the beautiful Marlow. Watch this space as phase 2 will be submitted shortly For a further 4x flats to the rear!! 🏡🏡🏡🏡 ⬆️ Follow for more ⬆️ Jack Jiggens Tom Horrocks #property #listedbuilding #propertydevelopment #propertyinvestment #realestate #propertydevelopers #addedvalue

Let's break it down and do the Math: Reduced price: $395K / Sq Ft: 3,170 ONLY = $124/sq ft Why It's a STEAL? 1) Investment Opportunity: At this price, it's not just a home; it's an investment in your future. 2)Quality Meets Affordability: Rarely do you find a property with such high-quality construction at this price/ sq ft. 3)Immediate Value: The reduced price offers immediate value and potential for future appreciation. Opportunities like this don't happen often. If you're serious about finding the perfect property at an unbeatable price, now is the time to act. Schedule a viewing or reach out for more details. Amenities include: New Roof, tons of custom maple wood cabinets, storage spaces including in attic & garage, huge laundry room, balcony, courtyard, concrete space for a boat, shed, subsurface drainage, security system and much more. Click below for more info. https://lnkd.in/gSr558AQ

London’s “Walkie Talkie” building, a 37-story glass tower with a price tag of $311 million. It is under scrutiny due to its blinding glare. The structure’s unique design reflects sunlight intensely, melting parked cars and even igniting a minor fire in a nearby shop. Workers in the vicinity are complaining about the discomfort caused by the brilliant light. Land Securities PLC and Canary Wharf PLC, the developers behind the project, are actively addressing the issue. They are exploring potential solutions, including applying a chemical to the building’s glass exterior to reduce the glare. They are committed to working closely with local businesses and authorities to find both short-term and long-term remedies. One Jaguar owner received compensation of nearly $1,555 after parts of their car were deformed by the concentrated sunlight. The owner, Martin Lindsay, expressed frustration, noting that the damage occurred within just a few hours of parking in the area. Local businesses also suffered due to the building’s glare. The intense sunlight melted paint, tiles, and even set a doormat on fire in some shops. Architect Rafael Vinoly designed the “Walkie Talkie” building, which is expected to be completed by 2014. While the design has architectural merit, the issues stemming from its sunlight reflection highlight the need for careful consideration of practical implications. #London #light #businesses #sunlight #WalkieTalkie #brilliant

From Curbed: Light-Drenched #Offices Fill the Shell of Domino Sugar "Domino: I master, I rule, I subjugate. The imperial brand name affixed above the #Williamsburg #waterfront (and emblazoned on a billion packages of sugar) is candid about its past and the #corporate family that created it. But the new Domino Refinery, a lucid loaf of an office building rising out of its flaking crust, carries another message, best expressed in plain English: Not Anymore. The concept is simple: a #glass nave tucked inside a 19th-century temple of industry, its rounded, see-through vault rising above the roofline. A great work of architecture — and that’s what this is — mediates between history and future, between a past we value without wishing to bring it back and a horizon we can’t map yet want to be ready for. Here, the immense #industrial apparatus of sweetness has given way to a landscape of leisure: a park, a playground, a handful of apartment towers, and now, at the center of it all, a softer kind of #workplace. The names of the previous overlords, Havemeyer and Elder, endure on the factory they built. The current ones — the Walentas family, which runs the real-estate company Two Trees — keep a more modest profile. But they too are pumping in money and placing a bet on the enduring appeal of pleasure." Read more: https://buff.ly/46rxnkN #renovation #repurposing #factory #architect #architects

The higher the floor, the better the view is not always true. Sometimes, better views are found lower down in the building. While the penthouse floors of buildings typically clear those surrounding it and provide good views, the mid-rise floors don’t always, and you may actually prefer to be lower in the building to get a different vantage point. 300 Park is a good example of this, where lower down in the building you get unique Park Avenue “street scape” views and a cool perspective overlooking 280 Park’s plaza. At 115 Myrtle in Brooklyn, the third floor has “tree line” views facing the newly redeveloped Brooklyn Commons park. At 512 West 22nd Street, lower floors get eye-level views of The High Line. Lower floors also sometimes have unique architectural characteristics not seen on other floors, like oversized windows and higher ceilings. You have to tour all the floors of interest in a building before assuming that the higher floor will provide a more preferable view. #commercialrealestate #realestate #officespace #brokerage

From Curbed: Light-Drenched #Offices Fill the Shell of Domino Sugar "Domino: I master, I rule, I subjugate. The imperial brand name affixed above the #Williamsburg #waterfront (and emblazoned on a billion packages of sugar) is candid about its past and the #corporate family that created it. But the new Domino Refinery, a lucid loaf of an office building rising out of its flaking crust, carries another message, best expressed in plain English: Not Anymore. The concept is simple: a #glass nave tucked inside a 19th-century temple of industry, its rounded, see-through vault rising above the roofline. A great work of architecture — and that’s what this is — mediates between history and future, between a past we value without wishing to bring it back and a horizon we can’t map yet want to be ready for. Here, the immense #industrial apparatus of sweetness has given way to a landscape of leisure: a park, a playground, a handful of apartment towers, and now, at the center of it all, a softer kind of #workplace. The names of the previous overlords, Havemeyer and Elder, endure on the factory they built. The current ones — the Walentas family, which runs the real-estate company Two Trees — keep a more modest profile. But they too are pumping in money and placing a bet on the enduring appeal of pleasure." Read more: https://buff.ly/3PW678I #renovation #repurposing #factory #architect #architects