Roosevelt Island Southtown Building 7 To Begin Construction In Early 2013 Says Hudson Related Developer David Kramer - Be Wary Of The Herculean Rock

 Future Construction Site and Home To Hudson Related Southtown Building 7

Roosevelt Island Hudson Related Southtown developer and Main Street Retail Master Leaseholder David Kramer told the NY Times:

... We were designated to build a new neighborhood at Roosevelt Island that we have named Riverwalk. It’s nine buildings and we’ve built six of them. We just started working on the design of the seventh building and we break ground early next year. It’s most likely to be a 21-story rental building at market rate....

and:

... Last summer we were designated to take over the retail corridor — 33 stores, 100,000 square feet — that had been poorly managed over decades by the state agency, the Roosevelt Island Operating Corporation. The new leadership realized that it was important to have a private real estate operator oversee and manage the retail

So we want to turn that around and have a lot of plans to make it a bustling retail shopping corridor. I think six months from now it’s going to be a real dramatic change in the stores, the leasing and how it looks....

Click here for the entire NY Times 30 Minute Interview with Mr. Kramer.

I asked Mr. Kramer yesterday:

Is it true that Hudson Related will start construction on Riverwalk Building #7 in early 2013? Have you exercised your option with RIOC for the property?

Mr. Kramer confirmed that yes it was true.

I asked the Roosevelt Island Operating Corp (RIOC) for a comment and will update if and when it is received.

Wonder if the construction crew will encounter another Herculean Rock


resistant to destruction as happened during the construction of 415 Main Street in 2007:

A neighbor had been complaining about the unusually loud pounding sound directly outside his window coming from the new Related/Hudson Riverwalk Condo construction site. I had originally thought that the description of the noise as being unbearable and horrendous was due to not being accustomed to living so close to a new construction site. Apparently there is more to this because I am told that there is a very large boulder on the construction site that has proven to be almost indestructible to the construction crew. This Herculean piece of Roosevelt Island rock has resisted destruction by being broken up into little pieces by heavy construction equipment as well as an injection designed to shatter the rock, all for the benefit of future Roosevelt Island condo owners....

Here's what the 2002 Southtown construction site looked like.

Image of 2002 Southtown Site From Main Street WIRE Southtown Chronology