Last week TF Cornerstone and RXR Realty, development partners of the Grand Hyatt New York redevelopment in Midtown East, announced a cultural program at 175 Park Avenue with New York City-based non-profit Public Art Fund and Lord Cultural Resources. This will include public art installations, community events, and programming inside and around the Skidmore Owings & Merrill-designed skyscraper.
AvalonBay Communities has partnered with Atria Senior Living and Welltower to complete a $300 million mixed-use community in New Jersey’s West Windsor Township. The community is taking shape near the Princeton Junction Amtrak train station and will comprise mixed-income, age-restricted, and market-rate housing in addition to retail, a public promenade, and a mix of enclosed and surface-level parking.
The affordable housing lottery has launched for 74-10 Broadway, a six-story mixed-use building in Elmhurst, Queens. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,429 to $167,570.
Our last update on 111 West 57th Street covered the removal of the exterior hoist on the northern elevation of the 1,428-foot Midtown supertall. Now, the construction crane is rapidly being disassembled from the southern face of the world’s most slender structure. Designed by SHoP Architects and developed by JDS Development, Property Markets Group, and Spruce Capital Partners, 111 West 57th Street features a height-to-width ratio of 24:1 and will yield 60 units designed by Studio Sofield and marketed by Douglas Elliman Development Marketing. The project is located on Billionaires’ Row between Sixth and Seventh Avenues, almost perfectly aligned with the center line of Central Park.
Construction has topped out on 251 West 14th Street, an 11-story residential project in Chelsea. Designed by Isay Weinfeld and FORM4 Design Studio PLLC and constructed by Pizzarotti, the property is located along West 14th Street between Seventh and Eighth Avenues and will yield 25 condominium units.
