Extell Development Company has closed on $425 million construction loan to complete a mixed-use high-rise at 1520 First Avenue on Manhattan’s Upper East Side. The 30-story building will include a mix of medical and commercial office space with frontage along East 80th and East 81st Streets.
Permits have been filed for a 25-story commercial building at 514 West 36th Street in Hudson Yards, Manhattan. Located between Tenth and Eleventh Avenues, the lot is two blocks north of the 34 Street-Hudson Yards subway station, serviced by the 7 train. Related Companies under the 517 West 35th LLC is listed as the owner behind the applications.
This winter, Convene will open a new 40,000-square-foot meeting and events space at 1221 Avenue of the Americas in Midtown, Manhattan. Located on the building’s second floor, the space will debut as Quorum by Convene and feature a capacity of 630 guests.
Permits have been filed to expand a two-story commercial structure into a seven-story residential building at 420 East 75th Street on the Upper East Side of Manhattan. Located between York Avenue and First Avenue, the lot is a short walk to the 72nd Street subway station, serviced by the Q train. Robert Michaeli of Brooklyn B Company Group is listed as the owner behind the applications.
Developers and local officials recently celebrated the completion of WSFSSH at West 108th Street, a new supportive housing complex on Manhattan’s Upper West Side. The project comprises two buildings at 143-159 West 108th Street and 103 West 108th Street and was developed by the West Side Federation for Senior and Supportive Housing, a non-profit organization that helps sponsor and program new affordable housing properties in the five boroughs.
