At number 12 on our construction countdown is 520 Fifth Avenue, a proposed 995-foot-tall mixed-use skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina Properties, who took over as the lead developer in 2019 from Ceruzzi Properties and SMI USA, the 507,608-square-foot structure will yield 98 residential units, commercial space, and four cellar levels. Permit applications that were filed in the beginning of 2021 for the project, which is located at the corner of Fifth Avenue and West 43rd Street.
Ceruzzi Properties has unveiled a 30-foot mural at The Centrale, a 71-story residential skyscraper at 138 East 50th Street in Midtown East. From Scandinavian painter Tony “Rubin” Sjöman, the mural stands above the building’s second-floor terrace and is an abstract interpretation of the city skyline surrounding East 50th Street.
Permits have been filed for a 70-story mixed-use tower at 520 Fifth Avenue, in Manhattan’s Midtown. Rabina Properties is listed as the owner behind the applications with Kohn Pedersen Fox Associates as the architect of record.
YIMBY checked in recently at 520 Fifth Avenue, the site of a planned 920-foot-tall skyscraper that takes the number 13 spot on our countdown of the tallest projects in progress in New York City. Located in Midtown at the corner of Fifth Avenue and West 43rd Street, the plot sits cleared for construction, which YIMBY expects will commence sometime in 2020. YIMBY last reported that Handel Architects is designing and Arthur Hooper of Ceruzzi Properties is developing the project in conjunction with SMI USA. Ceruzzi purchased the property in 2015 for $275 million from Thor Equities.
Ceruzzi Properties and SMI have partnered with Champalimaud Design to deliver a suite of amenity spaces within The Centrale, one of the latest condominium towers to debut in Manhattan’s East Side. Located at 138 East 50th Street, the 71-story building is designed by Pelli Clarke Pelli and SLCE and contains 124 condominiums that entered the market in May 2019.