Excavation work is in full swing at 368 Third Avenue in Kips Bay, the site of a new 35-story mixed-use residential tower, and today YIMBY has a first look at renderings for the project. Located between East 26th Street and East 27th Street, the building is designed by SLCE Architects. Minrav Development purchased the site from Continental Ventures and Itzhaki Acquisitions for $64 million. Plans call for a 388-foot tall, 145,000-square-foot structure yielding 100 apartments, averaging around 1,110 square feet apiece.
368 Third Avenue
A 34-story, mixed-use tower is coming to the corner of 27th Street and Third Avenue in Kips Bay, on the east side of Manhattan. New building applications filed yesterday reveal that the development will rise 388 feet into the air and fill most of the block between 26th and 27th streets.