At 42-60 Crescent Street, the 10-story, 37-unit Factory House is inching closer to its 2016 completion. The one- to four-bedroom, 626 to 2,102 square-foot condominiums are available for anywhere between $670,000 and $1.35 million. Rising Developers Group serves as both the designer and the developer, while Douglas Elliman is handling sales and marketing.
The single-purpose commercial district is a staple of the city’s urban patchwork, whether it is the Diamond District at 47th Street and Fifth Avenue in Midtown, the Lighting District along the Bowery, or the former Radio Row in Lower Manhattan. Among these spaces, the Flower District in Midtown South is among the most unique. The concrete jungle meets the green jungle on sidewalks lined with rows of flowers and shrubbery. Yet while the District has been around for over a century, ongoing transformations are shaking its identity to the core.
After nearly a decade of anticipation, false starts and design changes, 855 6th Avenue is nearing completion. The 479-foot-tall tower has finally taken its place on the burgeoning Midtown South skyline, and upon completion it will fill the missing link between Herald Square to the north and the hybrid Chelsea/NoMad district to the south. The Durst Organization is developing the 41 story mixed-use project, which consists of significant residential, retail, and office components.
101 West 28th Street, a Hyatt House hotel with 150 guestrooms and apartment-style suites, is topped-out and nearing exterior completion. The slender tower, designed by Nobutaka Ashihara and developed by Lexin Capital, rises at the northwest corner of 6th Avenue and West 28th Street to around 300 feet in height, with 30 main tower floors plus three more levels at the top.
Exterior completion is approaching for one of the most dramatic additions to the Downtown skyline in decades. The Helmut Jahn-designed residential skyscraper at 50 West Street reached its full height of 784 feet in September. As of today, most scaffolding has been removed from the crown, revealing a slanted concrete halo. The elegant concrete band will soon be obscured by a cocoon of curvy glass, which is being installed only nine floors below.
