What's happening in your backyard? YIMBY AM delivers the day's top five new development stories to your inbox every weekday morning.

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What's happening in your backyard? YIMBY AM delivers the day's top five new development stories to your inbox every weekday morning.

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Midtown South

281 5th Avenue

51-Story Luxury Residential Tower at 281 Fifth Avenue to Break Ground by 2016

Lend Lease has purchased a stake at Victor Group’s planned residential development at 281 5th Avenue, in Midtown South, according to Crain’s Business. First brought to you by YIMBY last December, a 51-story, 140-unit mixed-use tower – to span 250,000 square feet and stand 750 feet — is planned for the 30th Street site. Although the size of Lend Lease’s stake is unknown, the project will total $400 million, and ground breaking is expected this year. Multiple existing low-rise structure must first be demolished, and the final design has not yet been revealed.





855 Sixth Avenue

Revealed: 855 Sixth Avenue

YIMBY has the first full reveal for Durst’s 855 Sixth Avenue, where Cook + Fox is the design architect; on-site renderings have been up for quite some time, but until now, the actual tower’s appearance was hidden….

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855 Sixth Avenue

Construction Update: 855 Sixth Avenue

Full renderings may be lacking, but construction at 855 Sixth Avenue has begun in earnest, where the Durst Organization is erecting a 41-story mixed-use tower (with the help of some foreign EB-5 investors looking for…

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309 Fifth Avenue

Construction Update: 309 Fifth Avenue

Work is wrapping up on The Dylan, which is a new 35-story residential building at 309 Fifth Avenue. The design went through several revisions before Urban Development Partners ultimately decided on the final version, which…

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160 Madison Avenue, Image via Metal Yapi

New Renderings: 160 Madison Avenue

New renderings of the long-stalled development at 160 Madison Avenue have been posted at Metal Yapi, which is apparently the company that will be fabricating the skyscraper’s facade. SLCE is the architect, and the design is utterly…

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855 Sixth Avenue

Partially Revealed: 855 Sixth Avenue

New details have emerged about 855 Sixth Avenue, which is finally being developed by Durst and the U.S. Immigration Fund. The tower was placed on-hold during the recession, and the original design – which was supposed…

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1205 Broadway

New Hotel Coming to 1205 Broadway

Virgin Hotels has announced intentions to enter the New York market, and the brand’s first foray into Manhattan is expected to open in 2016. The specified location – the northwest corner of 29th Street and…

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