Construction is now 12 stories up on the 62-story, 426-unit mixed-use tower under development at 242 West 53rd Street, in Midtown’s Theater District. The progress on construction, first reported by Curbed NY, can be seen thanks to photos posted to the YIMBY Forums by Tectonic. Building permits indicate the project will eventually encompass 542,276 square feet, rising 674 feet to its main roof, not including the bulkhead. There will be 16,514 square feet of retail space across the ground floors, followed by 426 residential units on the fourth through 59th floors. The apartments, which are confirmed to be rentals, should average 1,024 square feet apiece. Algin Management is the developer and CetraRuddy is the architect. Completion is anticipated for 2018.
239 West 52nd Street
Construction is two stories above street level on a 62-story, 426-unit mixed-use tower under development at 242 West 53rd Street, in Midtown. Work is underway on the base of the building, as seen in photos posted to the YIMBY Forums. The latest building permits indicate the project will encompass 542,276 square feet and rise 674 feet to its roof, not including the bulkhead and other mechanical equipment. There will be 16,514 square feet of ground-floor retail space. The residential units above should average 1,024 square feet apiece, although it’s unclear whether they will be condominiums or rentals. Algin Management is the developer and CetraRuddy is behind the architecture. Completion is expected in 2018.
YIMBY last brought you a construction update in December, when foundation work was underway, on the 62-story, 426-unit mixed-use tower planned at 242 West 53rd Street (a.k.a. 239 West 52nd Street), in Midtown between Eighth Avenue and Broadway. Since then, foundation work has largely wrapped up, as seen in photos by Vertical Gotham via the YIMBY Forums, which means construction can now proceed skyward. Residential units in the 542,276-square-foot, 675-foot-tall tower should average 1,024 square feet apiece. There will also be 16,514 square feet of ground floor retail space. Amenities will include a 90-car parking garage, storage space for 247 bikes, a fitness center, a swimming pool, a basketball court, a golf simulator, and a private entertainment area. There will also be outdoor terraces on the second, third, and 61st floors. Algin Management is the developer, while CetraRuddy is behind the design of the exteriors and interiors.
Lady Gaga closed out Roseland Ballroom back in April and now work is well underway on its replacement, as seen in photos from Tectonic. The replacement, as reported previously, is a 62-story, 675-foot-tall residential building designed by CetraRuddy and developed by Algin Management.
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