Excavation activity has begun at 509 Third Avenue in Murray Hill for what will become a 35-story mixed-use residential development. Situated at the corner of East 34th Street, the site has been cleared following the demolition of multiple five-story buildings that once occupied the property. Ismael Leyva Architects is the architect of record and Kevin Lalezarian under the Third and Thirty Four LLC is listed as the owner behind the applications for the 386-foot-tall structure, which will yield 229 units.
YIMBY previously revealed the first batch of renderings for what will be a 31-story mixed-use building at 200 East 34th Street, aka 501 Third Avenue, in Kips Bay, Manhattan. CetraRuddy Architecture is the designer of the upcoming 388-foot-tall tower positioned at the corner of East 34th Street and Third Avenue. The edifice is expected to yield a total of 135,094 square feet. Xiaocheng Zhou under COA 200 East 34th LLC is listed as the owner behind the permit applications.
Demolition preparations appear to have begun for Tower Fifth, a proposed 1,556-foot-tall office skyscraper by Macklowe Properties. Located along East 51st Street between Madison Avenue and Fifth Avenue, and directly to the north of St. Patrick’s Cathedral, the 96-story supertall would be the tallest structure by roof height in the city, eclipsing Extell‘s Central Park Tower by six feet. YIMBY last reported that the project team had successfully negotiated a $192 million refinancing package from Fortress Investment Group. The $1 billion development is planned to span two plots of land, 5 East 51st Street and 12 East 52nd Street.
Demolition has begun for JP Morgan Chase‘s 52-story former headquarters at 270 Park Avenue, which was once known as the Union Carbide Building. The financial titan is razing the 707-foot-tall mid-century skyscraper to make way for a massive 1,425-foot-tall, 2.5-million-square-foot supertall that will be among the tallest structures in New York City.
SLCE Architects has revealed a new rendering for 115 East 55th Street, a 185-foot-tall residential project underway in Midtown East. Developed by Zeckendorf Development, the 18-story project will rise directly adjacent to the eastern elevation of Norman Foster’s 425 Park Avenue.