Permits have been filed for an 11-story mixed-use building at 815 Broadway in Greenwich Village, Manhattan. Located between East 11th and East 12th Streets, the interior lot is two blocks south of the 14th Street-Union Square subway station, serviced by the 4, 5, 6, L, N, Q, R, and W trains. Magnum Real Estate Group is listed as the owner behind the applications.
Exterior work is getting closer to completion on 111 West 57th Street, a 1,428-foot-tall residential supertall on Billionaires’ Row and number two on our countdown of the tallest projects under construction in the city. Designed by SHoP Architects and developed by JDS Development, Property Markets Group, and Spruce Capital Partners, the 60-unit Midtown skyscraper stands as the world’s most slender structure with a height-to-width ratio of 24:1.
Permits have been filed for a ten-story mixed-use building at 2226 Third Avenue in East Harlem, Manhattan. Located at the intersection of East 121st Street and Third Avenue, the corner lot is four blocks south of the 125th Street subway station, serviced by the 4, 5, and 6 trains. Real Estate Equities Corporation is listed as the owner behind the applications.
Demolition is progressing rapidly at 270 Park Avenue, the site of JP Morgan Chase‘s new 1,425-foot-tall headquarters in Midtown East and number three on our end-of-year countdown. The firm is demolishing its former 707-foot-tall, 52-story tower to make way for the massive supertall, which will yield 2.5 million square feet of office space. The full-block parcel is located between Park and Madison Avenues and East 47th and 48th Streets.
Construction is continuing to rise at 50 Trinity Place, a 28-story Hotel Indigo in the Financial District. The 173-room, 77,310-square-foot structure is designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the property in 2012 for $15 million. The site is located at the corner of Trinity Place and Rector Street.
