Construction on the Lower East Side’s first legitimate skyscraper continues apace. When YIMBY last looked at 252 South Street, i.e. One Manhattan Square, the superstructure had reached its 80th floor, with topping-out officially occurring last September. Now, only a dozen floors of cladding remain before its exterior is complete. Extell Development is responsible for development, with Lendlease responsible for construction.
Permits have been filed for a 20-story mixed-use structure at 540 West 21st Street, in Chelsea, Manhattan. The development should be an exciting addition to the burgeoning neighborhood surrounding the High Line Park.
Post-rezoning, Hudson Square is bustling with residential redevelopments, with sites like 100 Varick, 100 Vandam, and 565 Broome Street now rising all at once. Another tower will soon join the mix, as Eastern Consolidated has now secured a $215 million construction loan for 537 Greenwich Street, which will be developed by Cape Advisors and Strategic Real Estate LLC.
The Lower Lower East Side, aka Two Bridges, now has its first official skyscraper, with One Manhattan Square having topped-out yesterday. The tower, which also goes by its address 252 South Street, stands 847 feet and 72 actual floors (80 marketing) to its pinnacle, having risen the last ten floors to its rooftop since YIMBY last checked in on the site, in late August.
Related’s Hudson Yards development is one of the most impressive construction projects in the history of New York City, and an armada of cranes currently dominates the Midtown West skyline as towers at 15, 30, 35, and 55 Hudson Yards continue to rise. Now, YIMBY has the latest details for the office behemoth that will soon be coming to 50 Hudson Yards, as well as news on what’s happening at the Western Railyards, which will add further to the neighborhood’s burgeoning forest of skyscrapers.