The Real Deal New York

HFZ gets in on the skybridge craze on the High Line

Bjarke Ingels-designed 11th Ave. project reminiscent of JDS's American Copper Buildings, new renderings show
August 11, 2016 02:30PM

Rendering of 76 11th Avenue (credit: Bjarke Ingels Group via Yimby0

Rendering of 76 11th Avenue (credit: Bjarke Ingels Group via Yimby0

HFZ Capital Group’s High Line project will probably look a little familiar to JDS Development Group.

The latest renderings for the Bjarke Ingels-designed project at 76 11th Avenue show two condo towers that lean away from each other and are linked by two sky bridges, reminiscent of JDS’s TRData LogoTINY “dancing” copper-clad towers at 626 First Avenue, photos posted by New York Yimby show. Like the JDS project, which is designed by SHoP Architects, the sky bridges will host some of the building’s amenities. The new renderings feature two towers, which will rise 38 and 28 stories, the larger of the pair standing at 400 feet. The larger tower may also be topped by a glass crown, which could make the building slightly taller.

The design for the project, along with its use, has changed a few times in the past year. In November, EB-5 filings showed two buildings that shared a base, one of which had a diamond-shaped cut. Then, in January, new renderings featured two towers that look like they are twisting away from each other. EB-5 filings in December indicated that the project would include office and retail space instead of a hotel, but more recent filings show that the towers will include 130 hotel rooms and 260 condo units, according to Yimby.

In May, The Real Deal reported that Vornado Realty Trust, Oxford Properties Group and SL Green Realty are mezzanine lenders on the project. Vornado, SL Green and Oxford each have a one-third stake in a $138.2 million loan package

HFZ bought the development site, a full city block, for $870 million last May. [Yimby]Kathryn Brenzel