520 West 41st Street

Silverstein Properties and Parx Casino Reveal The Avenir at 514 Eleventh Avenue in Midtown, Manhattan

8:00 am on June 24, 2023 By Michael Young and Matt Pruznick

A new set of renderings has been revealed for The Avenir, Silverstein Properties and Parx Casino’s bid for a 1.8-million-square-foot hotel, gaming, entertainment, and residential complex at 514 Eleventh Avenue in Midtown, Manhattan. Designed by Steelman Partners and CetraRuddy, the 46-story two-tower complex will yield 1,000 guests rooms, more than 100 affordable housing units reserved for New Yorkers, 12 full-service restaurants, an elevated 1,000-seat performance hall, and an eight-story, 600,000-square-foot podium. The project aims to create 4,000 union construction jobs, over 5,500 permanent union jobs, and billions of dollars in economic development for the state and city. The property, owned by Silverstein since 1984 and alternatively addressed as 520 West 41st Street, spans a full block between West 40th and West 41st Streets and Eleventh and Galvin Avenues, just north of the Jacob K. Javits Center. The plot has sat vacant for the last eight years, and the development team expects the project to be shovel ready upon approval.

CetraRuddy’s Two-Tower Development at 520 West 41st Street Set for Construction in Midtown West

8:00 am on December 9, 2019 By Michael Young

Coming in at number 23 on our countdown of the tallest construction projects underway in New York City is 520 West 41st Street. YIMBY previously reported an exclusive rendering reveal for a possible two-tower mixed-use development at the Midtown West site, with the taller structure potentially rising 758 feet tall. Owner and developer Silverstein Properties called on CetraRuddy Architecture to create a pair of offset glass skyscrapers on the property near the edge of the Manhattan waterfront, and there have been a number of design changes over the past several years. Leeding Builders Group will be the general contractor.

New Design for Silverstein’s Massive Two-Towered 520 West 41st Street Revealed, in Midtown West

8:00 am on June 3, 2019 By Michael Young

YIMBY has an exclusive new rendering, which is possibly the final design, for 520 West 41st Street, located in Midtown between Eleventh Avenue and Galvin Avenue. Silverstein Properties, the owner, has hired CetraRuddy Architecture to design the estimated one million square foot mixed-use project consisting of two glass towers atop a substantial retail podium. Leeding Builders Group will be the general contractor.

Permits Filed for Silverstein’s Massive Site at 520 West 41st Street

8:00 am on August 10, 2017 By Nikolai Fedak

The site of the old Mercedes dealership at 520 West 41st Street has seen several prospective designs covered by YIMBY over the years, including a pair of connected skyscrapers that generated a substantial amount of buzz. Now, permits have finally been filed with the Department of Buildings for the site’s residential tower, which will rise 57 floors and 723 feet to its rooftop.

Silverstein Properties Considers Two-Towered Mixed-Use Project at 514 Eleventh Avenue, Midtown West

2:00 pm on January 23, 2017 By Reid Wilson

Silverstein Properties is now considering developing a two-towered mixed-use project 514 Eleventh Avenue, located on the block between West 40th and 41st streets in Midtown West. The latest plans, which the developer has not committed to at this time, would include a 600,000-square-foot residential condominium tower, followed by a separate one-million-square-foot commercial tower. These plans are consistent with current zoning laws and would not require a rezoning, Crain’s reported. CetraRuddy would be responsible for the design.

What Notable NYC Buildings Were Demolished in 2015?

4:30 pm on January 8, 2016 By Vitali Ogorodnikov

In 2015, New York’s landmarks law turned 50 years old. Events and discussion panels were held across the city throughout the year. The Museum of the City of New York held the commemorative Saving Place exhibit. As YIMBY reported, six individual landmarks and four historic districts were designated during this period. However, last year also saw its fair share of demolitions. Here, we look back at a small selection from the dozens of buildings that met the wrecking ball over the course of 2015. These eight structures range from architectural masterpieces to eyesores and span across a variety of decades, styles, and uses – as diverse as the Big Apple’s built environment itself.

Silverstein Puts Development Site At 514 Eleventh Avenue On The Market, Midtown West

6:00 am on October 20, 2015 By Reid Wilson

Over the summer, Silverstein Properties began demolishing the low-rise commercial building at 520 West 41st Street/514 Eleventh Avenue, in Midtown West, to make way for a 1,400-unit mixed-use development. Now, the developer has tasked CBRE to market and sell the property, which could potentially be worth close to $500 million, according to Crain’s. The project is currently being processed through ULURP, as a rezoning is required, and Silverstein eventually agreed to allot 375,000 square feet for affordable housing. YIMBY revealed the original proposal in July of 2014.

Demolition Update: 520 West 41st Street, Silverstein’s Future West Side Supertall

8:00 am on August 26, 2015 By Nikolai Fedak

The old Mercedes dealership at 520 West 41st Street and Eleventh Avenue is meeting a quick demise, paving the way for Silverstein Properties to begin preparation work for their future mixed-use development. While the project must still pass through ULURP, YIMBY revealed preliminary renderings last June, showing a 1,400-unit tower rising above a significant retail podium. Now we have a few overhead shots of demolition progress taken from the nearly-completed Skye, just a few hundred feet to the northwest.

Demolition Begins At 520 West 41st Street, Site Of 106-Story Mixed-Use Tower, Midtown West

6:00 am on July 16, 2015 By Reid Wilson

Earlier this year, Silverstein Properties paid roughy $100 million for a car dealership at 520 West 41st Street, aka 514 Eleventh Avenue, in Midtown West. Last summer, YIMBY revealed plans for an 106-story, 1,400-unit mixed-use tower at the site (currently traversing ULURP). Although the proposed 1.685 million square-foot building has yet to be approved, Curbed reports demolition of the existing low-rise commercial building has begun.

YIMBY Today: Silverstein Closes on Site of Planned 1,100′ Mixed-Use Tower on 11th Avenue, More

1:30 pm on January 30, 2015 By Reid Wilson

520 West 41st Street [Crain’s Business]: Also known as 514 11th Avenue, Silverstein Properties has closed on the block-long parcel at 520 West 41st Street, on the Far West Side, for “more than $100 million.” Plans, currently being processed…

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