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.
Construction appears to be nearly done on the 19-story redevelopment project underway at 444 Park Avenue South, located on the corner of East 30th Street in Midtown South. The construction progress can be seen thanks to photos snapped by Tectonic. The former 13-story office building has been expanded by six stories and redeveloped into a 190-key SLS Hotel. It contains 86,973 square feet of commercial space, which means the hotel suites should average 458 square feet apiece. Hotel amenities include a restaurant on the ground floor, a fitness center, meeting rooms, and an outdoor lounge on the 14th floor. Moin Development and SBE are the developers. Nobutaka Ashihara’s Financial District-based architecture firm is behind the design. Opening is expected next spring.
Exterior detailing is ready to be installed on the 33-story, 69-unit mixed-use tower at 172 Madison Avenue. Stone panels that will complete the gray and glass facade will be installed in a matter of days, according to Karl Fischer Architect, which is designing the tower.
Last week, sources told The Real Deal that developer Sioni Group was planning a 15-story office building at 44 West 37th Street in the Garment District. Now, those plans have materialized at the Department of Buildings.
Construction is now two stories above street level on the 41-story, 223-unit mixed-use building under development at 38-46 West 33rd Street, in Midtown South. The construction progress can be seen thanks to photos posted to the YIMBY Forums by user nyc1. The new building will encompass 220,724 square feet and will top out at 465-feet-tall. There will be 5,721 square feet of ground-floor retail space, followed by residential units averaging 818.6 square feet apiece, which is indicative of rental apartments. The residential amenities are listed in YIMBY’s update in January, when foundation work was underway. The Torkian Group is the developer and Stephen B. Jacobs Group is behind the architecture. Completion is expected in 2017.