Foundation work is now underway on the 38-story, 251-unit mixed-use project under development at 515 West 36th Street, to be located on the future corner of Hudson Boulevard in the Hudson Yards District. The site can be seen thanks to pictures taken by NY Construction Photography. The latest building permits indicate the tower will encompass 328,473 square feet and rise 418 feet to the roof, not including bulkhead elements.
515 West 36th Street. Photo by NY Construction Photography.
There will be 13,573 square feet of retail space across parts of the cellar, ground, and third floors, followed by a 35,974-square-foot dormitory on the fourth through seventh floors. Residential units will be located on the eighth through 38th floors. They should average 789 square feet apiece, which suggests rentals are in the works. Twenty percent of them, or 51 units, will rent at below-market rates through the housing lottery. Lalezarian Properties is the developer and Ismael Leyva Architects is behind the design. Completion is expected in the spring of 2018.
515 West 36th Street. Photo by NY Construction Photography.
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The Earth was destroying by foundation work, for the reasons to 38-story tower on mixed-use as well.
This is what the Mayor says is the only way to substantially increase the “affordable” housing stock. Wealthy private developers receive tax abatements to build massive structures with mostly luxury rentals and a few below market rate units. The 10 or 11 below market rate units are still NOT “AFFORDABLE” to mid / low income people. The question as always is, “affordable” for whom?
And yes, David, the Earth is being destroyed!
Oh thank good. It’s been far too many months since construction has started on another silver reflective glass box.