Façade installation has begun on Fashion Institute of Technology‘s New Academic Building, a ten-story structure at 220 West 28th Street in Chelsea, Manhattan. Designed by SHoP Architects, the 110,000-square-foot facility is planned to achieve LEED Gold certification and will feature new classrooms, administrative offices, review and exhibition spaces, and a student quad illuminated by skylights. EE Cruz & Company did the foundations and Forte Construction Corp. is serving as the general contractor for the property, which is located between Seventh and Eighth Avenues.
Construction has passed the halfway mark on 278 Eighth Avenue, a 14-story mixed-use building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 175-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project. Leeding Builders Group is the general contractor for the property, which is located along Eighth Avenue between West 23rd and West 24th Streets.
GFI Development has launched sales for ONE11 Residences at Thompson Central Park, a collection of 99 condominium units on the top nine floors of the Thompson Central Park Hotel at 111 West 56th Street in Midtown, Manhattan. The residences start on the 34th floor and range from 549-square-foot one-bedroom apartments to 3,042-square-foot four-bedroom penthouse units with private terraces overlooking Central Park. Douglas Elliman Development Marketing is the exclusive sales and marketing agent for the residences, which start at $1.325 million and include optional turnkey furniture packages. The property is located between Sixth and Seventh Avenues and was formerly known as the Parker New York. Thomas Juul-Hansen led the design of the hotel’s revamped amenity and public spaces.
YIMBY recently had the opportunity to check out the views from the penthouse of Central Park Tower, a 131-story supertall residential skyscraper at 217 West 57th Street on Billionaires’ Row in Midtown, Manhattan. Designed by Adrian Smith + Gordon Gill and developed by Gary Barnett of Extell, the 1,550-foot-tall tower yields 179 units including the triplex penthouse, spanning nearly 17,500 square feet. Ryan Serhant of SERHANT is marketing this coveted unit, which hit the market on September 19 for $250 million, the most expensive home ever listed in the United States.
Construction is rising on 312 West 43rd Street, a 33-story residential building in Midtown, Manhattan. Designed by Handel Architects and developed by Taconic Partners, the 373,133-square-foot project will yield 330 rental apartments and 40,000 square feet of retail space in the multi-story podium, and will encompass a seven-story extension along West 43rd Street. Triton Construction is the general contractor for the property, which is located between West 42nd and 43rd Streets and Eighth and Ninth Avenues, directly north of the Port Authority Bus Terminal.