Articles by Michael Young

358 West 58th Street. Photo by Michael Young.

358 West 58th Street Residential Conversion Remains Stalled in Hell’s Kitchen, Manhattan

The 24-story hotel-to-residential conversion of 358 West 58th Street remains stalled in Hell’s Kitchen, Manhattan. The former 878-room Hudson Hotel was supposed to be transformed into 441 below-market rate rental apartments overseen and developed by CSC Coliving and also include more than 50,000 square feet of retail space on the lower levels of the building. The property is located on an interior lot between Eighth and Ninth Avenues and was being financed through the acquisition of a $100 million financial package from Northwind Group.

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The Remi at 1026 Third Avenue. Photo by Michael Young.

The Remi Nears Completion At 1026 Third Avenue on Manhattan’s Upper East Side

Construction is almost finished at The Remi, a 24-story residential tower at 1026 Third Avenue in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Ismael Leyva Architects and developed by Kahen Properties, which purchased the assemblage of three adjacent properties for $34 million in July 2022, the 273-foot-tall structure will span 100,000 square feet and yield 81 rental units in studio- to two-bedroom layouts with an average scope of 1,200 square feet, as well as ground-floor retail space. The ground-up development is located between East 60th and East 61st Streets. Corcoran New Development is handling leasing.

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5 East 59th Street. Developed by Ripco Real Estate.

Rendering Reveals Retail Facelift For 5 East 59th Street on Manhattan’s Upper East Side

Construction is steadily progressing on 5 East 59th Street, an eight-story retail and office redevelopment on Manhattan’s Upper East Side. Developed by Ripco Real Estate with marketing by SERHANT., the project will see an exterior and interior overhaul to the building, updated retail space, column-free office space above, and two full-service amenity floors including a private lounge and rooftop terrace. The commercial property spans 45,350 square feet and is situated on an interior lot by the corner of East 59th Street and Fifth Avenue.

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323 East 58th Street. Photo by Michael Young.

323 East 58th Street Rises In Midtown East, Manhattan

Construction is moving along at 323 East 58th Street, a six-story mixed-use residential building in Midtown East, Manhattan. Designed by Sguera Architecture and developed by Andrew Impagliazzo under the 619W46 LLC, the structure will stand 60 feet tall and yield 15,279 square feet, with 12,279 square feet designated for residential space divided into 15 rental units averaging roughly 877 square feet each, 3,000 square feet for community facility space, and a cellar level. The property is located at the corner of East 58th Street and the ramp leading up to the upper road deck of the Queensboro Bridge between First and Second Avenues.

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Rendering of 570 Washington Street. Designed by CookFox and SLCE

Construction Moving Along At COOKFOX’s 570 Washington Street in West Village, Manhattan

Construction is rapidly progressing on 570 Washington Street, a 17-story residential building on the border of Manhattan’s West Village and Hudson Square neighborhoods. Designed by COOKFOX with SLCE as the architect of record and developed by Jonathan Rose Companies, Atlas Capital Group, The Baupost Group, and Zeckendorf Development, the structure will yield 175 affordable senior apartments with an average scope of 1,065 square feet, as well as 3,300 square feet of ground-floor retail space. The ground-up development is rising on the same block as the two-tower 80 Clarkson Street complex and is bound by Clarkson Street to the north, West Houston Street to the south, Washington Street to the east, and 80 Clarkson and West Street to the west.

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