Finishing touches are underway on 249 East 50th Street, a 15-story residential building in the Midtown East neighborhood of Turtle Bay. Designed by Issac & Stern Architects and developed by Tun Kyaw, the slim 151-foot-tall structure will yield 29 condominium units spread across 50,000 square feet, for an average of 1,700 square feet. The development is located near the corner of East 50th Street and Second Avenue.
The City of Poughkeepsie is now reviewing proposals to construct a new six-story mixed-use building at 316 Main Street. From developer R.L. Baxter Building Corp., the building could eventually house 80 apartments, residential amenities, and 21,705 square feet of commercial space.
The affordable housing lottery has launched for Muller Apartments, a four-story residential building at 555 Nereid Avenue in Wakefield, The Bronx. Designed by MHG Architects and developed by The Doe Fund as supportive housing for veterans, the structure yields 90 residences with 54 of the units allocated for formerly homeless military veterans. Available on NYC Housing Connect are 35 units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $30,583 to $57,300.
Work is progressing on the renovation of 550 Madison Avenue, a 684-foot-tall commercial skyscraper in Midtown East, with construction underway on Snøhetta‘s triple-height steel-framed glass canopy over its new public garden. Designed by Philip Johnson and John Burgee, the 37-story Postmodern landmark opened in 1984 and is undergoing a 21,000-square-foot overhaul led by The Olayan Groupand RXR Realty that will yield a new café, elevated and ground-level landscaping, expanded seating with additional tables, and public restrooms. AECOM Tishman is the general contractor, Gensler is designing the lobby space, Orange County Ironworks is the steel fabricator, and Gabriel Steel Erectors is assembling the steel over a rectangular space on the western side of 550 Madison Avenue that spans between East 55th and 56th Streets.
A new rendering has been posted for 15 Beekman Street, a 27-story academic center and dormitory for Pace University in the Financial District. Designed by Manish Chadha of Ismael Leyva Architects and developed by SL Green Realty, the 338-foot-tall structure will be alternatively addressed as 126-132 Nassau Street and yield 213,084 square feet of classrooms, dorms, a dining facility, a library, and a learning center. The building will also include a cellar, sub-cellar, and a 20-foot-long rear yard. New Line Structures & Development LLC is the general contractor for the project, which is being built on a plot at the corner of Beekman and Nassau Streets.
