Construction Update

Checking in at the Site of 31 West 57th Street, in Midtown

Recent photos from the site of 31 West 57th Street show the property still bereft of construction activity. The perimeter along West 57th Street has been boarded up and plastered with black-and-white geometric art patterns, but not much has happened since the demolition of the original Rizzoli Bookstore and several other old low-rise buildings. 27-33 West 57th Street is among the most sought-after parcels of land along 57th Street, aka Billionaires’ Row, and it could still sprout a fairly tall skyscraper. The lot sits immediately to the west of the Solow Building and is slated to be developed by the LeFrak Organization.

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106 West 56th Street’s Setbacks Begin Taking Shape, in Midtown

Construction at 106 West 56th Street is ascending quickly. The multiple setbacks of the building’s northern elevation are beginning to take shape as the steel climbs toward its 403-foot planned height. The 27-story office tower is being designed by Perkins Eastman and developed by private equity firm Savanna Fund, along with Hong Kong-based developer Atom Assets. The site is located between Sixth Avenue and Seventh Avenue, just one block south of 57th Street, aka Billionaires’ Row. The closest subway is the F train at the 57 Street station on Sixth Avenue, while the N, Q, R, and W trains are to the west on Seventh Avenue and West 57th Street.

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126 Madison Avenue Approaches 756-Foot Pinnacle in NoMad

Construction at 15 East 30th Street, aka 126 Madison Avenue, is climbing higher above NoMad. Work has surpassed the roof of Sky House, one the earliest slender residential skyscrapers in New York City. The upcoming 756-foot-tall, 51-story structure is being designed by Handel Architects while Fosun Group and JD Carlisle are responsible for the development. The tower will contain 180 condominiums, which will average more than 1,600 square feet. The project will yield about 300,000 square feet, with 7,500 square feet of retail space divided among two storefronts facing East 30th Street and Madison Avenue.

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