Back in 2015, YIMBY reported that the Stagg Group had filed new building applications for 2051 Ryer Avenue, in the West Bronx. Since then, the site went onto the market asking $1.45 million, and has evidently traded hands to Hercules Argyriou, of Ryer Avenue MM LLC/Mega Contracting Inc., which has filed new applications for a structure that is about 50% larger than the original. The building will rise 12 floors (as opposed to 13 previously), and total 66,615 square feet of residential space, to be divided between 86 apartments. That translates into an average unit of about 770 square feet, indicative of rentals. SLCE Architects is designing, and demolition permits for the site’s former occupant were filed in June of 2015.
When YIMBY last reported on the 30-story hotel under development at 143 Fulton Street, in August of 2016, foundation work was underway. Now, the new Financial District lodging has something to show for itself.
A quintet of new works by architect Robert A.M. Stern are making their mark on various parts of Manhattan, all with his signature style. 70 Vestry Street is in the early stages of construction; 30 Park Place, which includes the Four Seasons Downtown hotel, opened its doors in October; 20 East End Avenue could open this year; and 220 Central Park South is on the rise adjacent to Billionaires’ Row. Today, we check in on his skyscraping residential building at 520 Park Avenue.
The northwestern Bronx has become one of the few places in New York City where developers can build apartments relatively cheaply. Now prolific affordable developer Dunn Development has filed plans for a project in Norwood, a neighborhood just north of Bronx Park.
In February, Israeli-Russian billionaire Boris Kuzinez closed on the final piece of a three-property development site on Fifth Avenue in Midtown South for $59 million. Now, he’s filed plans for a 54-story condo building there, at 262 Fifth Avenue, on the corner of 29th Street.