NYU scuttles renovation plan for 370 Jay, will restore instead

School to forego full makeover in favor restoring former MTA headquarters

TRD New York /
Jun.June 26, 2014 01:05 PM

New York University has decided to dramatically scale down its planned makeover of 370 Jay Street in downtown Brooklyn.

Final plans for the former Metropolitan Transportation Authority headquarters were submitted Wednesday night, and they were a far cry from the futuristic glass and steel renderings the university first pitched after agreeing to take over the building in 2012. Now, the university says it will restore the space as it currently appears, with several so-called sustainable elements in lieu of a total transformation.

NYU’s revised plans call for restoration of the building’s limestone exterior. Indeed, by choosing restoration over renovation, the project will reduce the amount of construction landfill waste by approximately 4,000 cubic yards, Crain’s reported. The university also plans to replace 370 Jay Street’s more than 1,000 windows with energy-efficient versions. Those on the building’s south-facing side will also be outfitted with protruding shades as an energy-saving measure.

New mechanical, plumbing and electrical systems will be installed, as well as a one megawatt micro turbine. The design also calls for green roof elements, according to Crain’s.

NYU will occupy every square foot of the building once the project is completed, with the university’s Center for Urban Science and Progress taking the top three floors, with tech incubators Urban Future Lab, Varick Street Incubator and the DUMBO incubator occupying the third floor. The remaining space will be used for classrooms and other academic purposes, according to Crain’s. [Crain’s]Julie Strickland


Related Articles

arrow_forward_ios
Stay-at-home orders and virtual classes have asked serious questions of the once-booming market for student housing. (Photo: University of North Carolina at Chapel Hill via Getty)

Quiet dorms and distress storms: Student housing sector takes hit

Quiet dorms and distress storms: Student housing sector takes hit
Hear from economist Sam Chandan on tonight’s TRD Talks Live

Hear from economist Sam Chandan on tonight’s TRD Talks Live

Hear from economist Sam Chandan on tonight’s TRD Talks Live
TriArch Real Estate Group founder Chris DeAngelis and Pebb Capital principal James Jago

Student housing property near NYU trades for $104M

Student housing property near NYU trades for $104M
From left: Stephen Ross, Scott Rechler, Maryanne Gilmartin, Marty Burger and William Rudin (Credit: Anuja Shakya for The Real Deal)

Unions at bay, but hostility for real estate worse than ever

Unions at bay, but hostility for real estate worse than ever
Cracking the university real estate code

Cracking the university real estate code

Cracking the university real estate code
Real estate has found its answer to startup culture in Opportunity Zones, panel says

Real estate has found its answer to startup culture in Opportunity Zones, panel says

Real estate has found its answer to startup culture in Opportunity Zones, panel says
Real estate execs say Amazon “is great” for New York but question if the city’s infrastructure can sustain new residents

Real estate execs say Amazon “is great” for New York but question if the city’s infrastructure can sustain new residents

Real estate execs say Amazon “is great” for New York but question if the city’s infrastructure can sustain new residents
Greenwich Village to Hollywood: NYU plans L.A. extension program for film

Greenwich Village to Hollywood: NYU plans L.A. extension program for film

Greenwich Village to Hollywood: NYU plans L.A. extension program for film
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...