The last time YIMBY checked in on Ceruzzi Properties’ 138 East 50th Street in late August, the residential tower had just climbed past its 40th floor. Now, construction appears to have reached the parapet, 800 feet and 63 floors above the Midtown streets below, as seen in the latest update from Tectonic.
Related’s towers rising over the Eastern Railyards as part of the Hudson Yards redevelopment have been well over a decade in the making, but one block to the north, progress has been substantially faster on the redevelopment of the southwest corner of 34th Street and 10th Avenue. YIMBY previously reported that Mitsui Fudosan took a 90% ownership stake from Related as of early September, and now, excavation is underway.
Filings have been submitted for a 25-story hotel at 842 6th Avenue, in Midtown Manhattan, between 29th Street and 30th Street. Demolition permits have already been pulled for the existing seven-story building. The site is just a few blocks away from the Empire State Building, Penn Station, and Madison Square Park, and sits within the burgeoning Midtown South hotel corridor.
YIMBY’s last report on 441 Ninth Avenue was back when The Cove Property Group and hedge fund Baupost Group purchased the site. The two companies have now released a rendering, and information about plans that triple the floor count. Rentable square footage will balloon to 700,000 square feet, and 17 stories will be added atop the existing eight-story building, which will be gutted and redesigned.
Renderings from FXFOWLE in recent months have pictured plans for The Moinian Group’s 3 Hudson Boulevard both with and without a spire. But now, plans for the project have seen a complete redesign, and ground has officially been broken on the 53-story and 940-foot-tall tower.