Currently nearing the 1,100-foot elevation mark above West 57th Street, Central Park Tower is well on its way to a 1,550-foot pinnacle above the Midtown skyline and Billionaire’s Row. Now, the Adrian Smith + Gordon Gill designed tower at 217 West 57th Street has officially launched sales of the 179 units that will begin on the 32nd floor, and conclude with a triplex penthouse spanning over 17,000 square feet. Sales are being handled by Extell‘s in-house team.
In some good news, a space in Midtown overrun with cars is finally being given back to the pedestrians. Canoe plaza has officially opened, adding a green landscape to the formerly car-blighted lot. Shanti Nagel designed the avenue-long park on 36th Street between 9th and 10th Avenue. The development has occurred thanks to Quandrum Global, owner of the Arlo Hotel brand prominent throughout New York City.
Permits have been filed for an 11-story mixed-use building at 165 Lexington Avenue in Kips Bay, Manhattan. The site is four blocks away from the 33rd Street subway station, serviced by the 6 trains. Lexington Partners, a private equities firm with $38 billion in total assets, will be responsible for the development.
Covered from top to bottom in a sleek facade of curved glass corners, tall windows, and white paneling, ARO is a 738-foot, 62-story residential tower that has risen from the former site of the Roseland Ballroom in Midtown, Manhattan. Located at 242 West 53rd Street between Eighth and Ninth Avenues, the new structure contains nearly 450,000 square feet designed by CetraRuddy Architecture. Algin Management is the developer, and leasing is being led by Triumph Property Group, and has now commenced for the 426 available apartments.
Back in January of 2017, construction at 685 First Avenue had just reached the fifth floor. In just under two years, the tower and façade have topped out, sales have launched, and completion is expected by the end of the year. Sheldon Solow’s Solow Building Company is developing the 42-story minimalist Murray Hill skyscraper.