YIMBY’s recent reportage on a new wave of failed development sites has yet another likely addition. Renderings for the new look of 131-141 East 47th Street were revealed by YIMBY back in April of 2016, and since then, the site for the 49-story, 122-unit residential tower has been cleared of the previously extant structures. However, over two years post-demolition, work has appeared to come to a grinding halt, with no subsequent progress yet visible. The project is being developed by New Empire Real Estate, with SLCE Architects leading design, with the Chinese crackdown on capital outflows a likely explanation for the apparent pause in construction.
131 East 47th Street
We’ve been telling you about plans for a 49-story, 122-unit residential tower at 131 East 47th Street, between Lexington and Third avenues in Midtown East, since mid-2015. Last month, those plans were officially filed with the Department of Buildings. Now, we have a new look at the project.
Over the summer of 2015, YIMBY revealed renderings of New Empire Real Estate’s planned high-rise residential tower at 131 East 47th Street, in Midtown East, and now new building applications have been filed with the Department of Buildings. The new 122-unit building will encompass 173,059 square feet and will rise 49 stories, or 581 feet, above street level. Beginning on the second story, there will be three residential units per floor through floor 12 and floors 14 through 35, then two units per floor on floors 37 through 47. The 48th floor will contain a full-floor penthouse, and floors 13, 36, and 49 will contain mechanical equipment.
UPDATE: Per the developer, SLCE Architects is designing the building.
Earlier this year, YIMBY posted preliminary renderings for a new project coming to 131-141 East 47th Street, in Midtown East. Now, we have new images for the (approximately) 50-story building.
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