Ismael Leyva

520 West 30th Street

Loan Acquired, Foundation Complete At 520 West 30th Street, 28-Story Mixed-Use Project

YIMBY revealed the final design towards the end of last year for the 28-story, 174-unit mixed-use tower planned at 520 West 30th Street, in Midtown West, and now the project is well underway. Related has landed $200 million in loans, according to Commercial Observer, and the building has been under construction since the summer, with foundation work now nearly complete. An 11,500 square-foot retail component will span the ground floor, and Ismael Leyva is the architect of record.


45 Park Place

Reveal For 43-Story, 667-Foot-Tall Condo Tower At 45 Park Place, Tribeca

In the first half of 2014, YIMBY reported on building applications for a nearly 600-foot-tall luxury residential tower at 45 Park Place, in Tribeca, and later that year, we revealed preliminary renderings of the project. Now, Bloomberg Business has the latest news on the tower, as well as an update on the design. The building will have 43 actual stories and will top out 667 feet above street level, up from the 39-story and 597-foot figures reported earlier. The latest filings call for 50 condominiums, and at least 15 will reportedly be full-floor units measuring 3,200 to 3,700 square feet. The 134,304 square-foot building will also incorporate 1,089 square feet of ground-floor retail.



70 Vestry Street

13-Story, 47-Unit Residential Project At 70 Vestry Street Lands Financing, Tribeca

Over the summer, YIMBY revealed renderings for Related Companies’ planned 13-story, 47-unit residential building at 70 Vestry Street (aka 264 West Street), in Tribeca, and now the developer has landed $200 million in construction loans, provided by Bank of America. The building will measure 154,019 square feet in total, and includes roughly 800 square feet of retail space on the ground floor. Robert A.M. Stern is designing, while Ismael Leyva is serving as the architect of record. Demolition permits have already been approved to raze the site’s existing tenement and low-rise buildings.



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