A new 11-story building is about to rise on the Upper East Side, between East 74th Street & East 75th Street, along York Avenue. Permits for 1402 York Avenue were issued last month to begin construction on the new affordable housing structure, which will have a masonry and glass facade. The developer of the project is Crest Group.
Situated one block north of “The XI,” designed by Bjarke Ingels, and sitting adjacent to Frank Gehry’s IAC Building and Jean Nouvel’s residential tower at 100 Eleventh Avenue, Thomas Heatherwick is bringing his first set of residential buildings to the High Line, just after his “Vessel” recently topped off at Hudson Yards. The project, located at 511-525 West 18th Street, is being developed by Related Companies and will be one of the largest buildings in Chelsea when completed.
In the heart of downtown Brooklyn, just off of Flatbush Avenue and adjacent to the City Point complex, One Willoughby Square, also known as 1WSQ or 420 Albee Square, is now on track to become the tallest Class A office tower in Brooklyn. A $235 million construction loan has now been approved and secured from Otera Capital, a Canadian real estate lending company. JEMB is the developer of the upcoming office project.
Pace Gallery’s new building at 540 West 25th Street, located between 10th and 11th Avenue, has structurally topped out, and installation of the curtain wall is now well underway. The existing gallery is located next to the High Line at 508 & 510 West 25th Street, standing one story tall, and uses four large skylights that flood the interior with natural daylight. The new 60,000 square foot building will stand eight stories and be designed by Bonetti/Kozerski Studio, and developed by Weinberg Properties.
Standing next to Zaha Hadid’s first residential project in New York City at 520 West 28th Street, the Isay Weinfeld designed complex, dubbed “The Jardim,” has gotten both its brick and glass facade up as seen from the High Line. Developed by Centaur Properties and built by Pizzarotti, the project spans the width of the block from West 27th to West 28th Street, with two towers separated by a private landscaped garden and outdoor courtyard for residents.
