Extell Development Company has closed on $425 million construction loan to complete a mixed-use high-rise at 1520 First Avenue on Manhattan’s Upper East Side. The 30-story building will include a mix of medical and commercial office space with frontage along East 80th and East 81st Streets.
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.
Excavation and pilings are underway at 740 Eighth Avenue, the site of a 1,067-foot-tall hotel and observation tower in Midtown, Manhattan. ODA is the design architect, SLCE Architects is the architect of record, and Extell is developing the 52-story supertall skyscraper that will yield 776,000 square feet with an 825-room hotel in the tower base and an upper observatory spanning four floors with a drop ride attraction. The building will also contain retail space, two upper restaurant floors, and a pool deck. The top observatory floor will serve as an exclusive VIP space. Lendlease is listed as the general contractor, WSP is the structural engineer, and Ancora Engineering is handling the excavation and drilling for the foundations of the property, which is located between West 45th and 46th Streets.
Construction has resumed on 50 West 66th Street, a 69-story, 775-foot-tall residential skyscraper on Manhattan’s Upper West Side. Designed by Snøhetta and developed by Extell Development Company, the tower will yield 127 condominium units and claim the title of the tallest building north of 59th Street. YIMBY last reported that global investment entity Tennor Holding B.V. will help complete the edifice, which is being built on a plot located between Central Park West to the east, the intersection of Broadway and Columbus Avenue to the west, West 65th Street to the south, and West 66th Street to the north.
Excavation is underway at 403 East 79th Street, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell Development Company, the structure will yield 400,000 square feet of Class A space, with the Hospital for Special Surgery as the anchor tenant, occupying 200,000 square feet across the first eight levels. Ancora Engineering is the engineer of record and Lendlease is the general contractor for the property, which is alternatively addressed as 1522 First Avenue and is located along First Avenue between East 79th and East 80th Streets.