Articles by Michael Young

Checking In On Ceruzzi Properties’ Planned 76-Story Skyscraper at 520 Fifth Avenue, in Midtown Manhattan

8:00 am on January 14, 2019 By Michael Young

Set to rise at the northern corner of Fifth Avenue and West 43rd Street, 520 Fifth Avenue is likely to be the first skyscraper along Fifth Avenue to top the 900-foot mark. The project will rise in the heart of Midtown, one street away from the eastern end of Bryant Park. The glass-enclosed tower will have 76 floors and stand 920 feet to its pinnacle. Handel Architects is the architect, and Arthur Hooper of Ceruzzi Properties will be developing in conjunction with SMI USA.

Sales Launch For Landmarked 75 Greene Avenue In Fort Greene, Brooklyn

7:00 am on January 14, 2019 By Michael Young

The conversion of 75 Greene Avenue in Fort Greene, Brooklyn, is making headway, and YIMBY has word that sales have now officially launched for the project. As a landmarked structure, the exterior is being preserved and renovated while the interiors will house 22 units. The project is being developed by Douglaston Development and financed by G4 Capital Partners. Units will range from $845,000 to $2.6 million, and 20 percent are already under contract.

Demolition Makes Headway for Major New Hotel at 450 11th Avenue, Hudson Yards

8:00 am on January 13, 2019 By Michael Young

With new construction permits filed last summer and demolition filings nearly a year ago, the site of 450 Eleventh Avenue is beginning to see some change. The existing low-rise buildings on the location are nearly gone as the lot gets cleared to make way for the upcoming ground-up 43-story hotel. Located across from the Jacob K. Javits Center between West 36th street and West 37th Street, the 487-foot tall building will be designed by DSM Design Group and developed by Marx Development Groups.

Union Crossing at 825 East 141st Street Nearing Opening Day Amidst Residential Boom in South Bronx

7:30 am on January 13, 2019 By Michael Young

The South Bronx is undergoing a major urban transformation as developers are continuing to reshape the area with a mix of adaptive-reuse buildings and new residential construction. Union Crossing is a new mixed-use project that will combine contemporary commercial office space and retail opportunities for newcomers to the historic neighborhood. It is designed by Woods Bagot, while the developers include Madison Realty Capital, The Altmark Group, The Bluestone Group, and Galil Management. JRT Realty is the exclusive leasing agent for the venture.

Foundation Work Underway for Art Deco-Inspired 30 East 29th Street, in NoMad

8:00 am on January 12, 2019 By Michael Young

Concrete pump trucks, mixers, and a rigging crane are working side by side along the northern perimeter of 30 East 29th Street. Located in NoMad, the upcoming Art Deco-inspired residential tower is being designed by CetraRuddy Architecture and developed by the Rockefeller Group. The ground-up structure will rise 639 feet to its rooftop, and make a significant impact on the skyline when completed.

Morris Adjmi’s Residential Tower at 30 East 31st Street Set for 2019 Completion, in NoMad

8:00 am on January 11, 2019 By Michael Young

Rising above NoMad between Park Avenue South and Madison Avenue, 30 East 31st Street is a new residential tower designed by Morris Adjmi Architects, and stands 40 stories to its rooftop. The crossed beams at the top of the building are a visual signature of the design, and will soon be enclosed in an exterior envelope of dark-colored waterproofing and glass. The project is being developed by Ekstein Development and Pinnacle Real Estate.

SOM-Designed Office Tower at 1241 Broadway Imminently Set to Begin Construction in NoMad

8:00 am on January 10, 2019 By Michael Young

Sitting on a corner lot at the southwest intersection of Broadway and West 31st Street on the bleeding northern edge of NoMad, 1241 Broadway is slated to become one of Midtown South’s newest office buildings. Designed by Skidmore Owings & Merrill, the impending 22-story and 318-foot-tall commercial office tower is being developed by GDS Development and Sweden-based Klovern. With renderings revealed and permits filed, YIMBY stopped by the old parking lot to check on progress. The site has already been vacated and cleared, while the original steel signage for the parking still remains standing above the sidewalk. Triton Construction will be in charge of building the 170,000 square foot project. Their name, along with GDSNY, are displayed on the black fence that currently surrounds the lot.

One Clinton Officially Launches Sales in Brooklyn Heights

7:30 am on January 10, 2019 By Michael Young

Located across from Cadman Plaza Park, One Clinton has officially launched sales of its 133 residences. Developed by The Hudson Companies Inc., the Marvel Architects-designed tower is being marketed by the Cornell Marshall Team from the Corcoran Group, with the sales gallery located at 157 Remsen Street. The imminently 38-story tower is set to be completed next year.

Rafael Vinoly’s 277 Fifth Avenue Nearing Finish Line in NoMad

8:00 am on January 9, 2019 By Michael Young

With the elevator coming down from 277 Fifth Avenue‘s western frontage over the past several weeks, the final form of the building’s exterior, comprised of dark panels, vertical window strips, and open-air terraces, is almost fully visible. Designed by Rafael Vinoly, developed by Victor Group and Lendlease, and marketed by Corcoran, the 52-story residential tower stands 728 feet atop NoMad, and is one of the tallest skyscrapers in the area.

Rendering of Greenwich West at 110 Charlton Street (Courtesy Familiar Control)

Greenwich West Officially Tops Out at 110 Charlton Street, in Hudson Square

8:00 am on January 8, 2019 By Michael Young

After breaking ground back in July of 2018 and rising 30 floors in only six months, Greenwich West has officially topped-out over Hudson Square, in Lower Manhattan. Located at 110 Charlton Street, the new residential tower will have 170 residences, which already launched sales this past fall. The project is one of the tallest buildings in the area, and will have views of the Hudson River, Lower Manhattan, and the Midtown skyline. Strategic Capital, Cape Advisors, and Forum Absolute Capital Partners are the developers, while Loci Anima and Adamson Associates are the designers.

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Articles by Michael Young

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