The forest of glassy towers in Hudson Yards is about to get a new addition. YIMBY spotted a construction rendering for 515 West 36th Street, a 38-story residential building under construction between 10th and 11th avenues on the far West Side.
The design, from Ismael Levya Architects, isn’t particularly exciting. But the simple glass curtain wall and the short, white base will fit in well with the office towers in the works on the surrounding blocks.
When construction finishes, the building will reach 418 feet into the air and span nearly 250,000 square feet. It’ll hold 251 apartments spread across 198,000 square feet of residential space, with apartments starting on the eighth floor. The first three floors will host 13,500 square feet of retail, followed by 36,000 square feet of community facility space, which is listed on the building permits as a dormitory. Residents will also be able to enjoy residential terraces on the ninth and 36th floors.
Twenty percent of the units, or 50 apartments, will rent for below-market rates through an affordable housing lottery. In exchange, the city gave the developer 33,000 square feet of extra residential space.
Lalezarian Properties is developing the project. The Lake Success, N.Y.-based firm assembled the properties over the course of two years in 2012 and 2013 and paid a combined $46.9 million for four lots on 36th and 37th Streets.
Plans were first filed for the development in the fall of 2013, and the Department of Buildings approved construction permits last summer. Signs posted on the site predict that work will finish by April 2018.
Since the new 7 train extension and the Hudson Yards subway station opened last fall, work has been chugging along at a few big office towers on top of the rail yard. Related Companies is almost finished with its 52-story 10 Hudson Yards next to the High Line; the 780-foot-tall office project at 55 Hudson Yards has reached a few stories above the street; and Moinian Group recently started foundation work for on a 66-story office tower. A big, mixed-use residential building is also one the rise at 15 Hudson Yards, which is also known as the Culture Tower.
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