This past spring, The New York Times revealed full renderings of Sumaida + Khurana’s planned seven-story, seven-unit condominium project at 152-154 Elizabeth Street, in Nolita, the same time crews began demolition work on the existing four-story building. Now the developer has landed a $40 million construction loan. The building will have 26,012 square feet of residential space, and units will average a luxury 3,716 square feet apiece. Tadao Ando is the project’s design architect, while Gabellini Sheppard Associates is the applicant of record, and completion is expected in November 2016.
A 35-story, 80-unit condominium tower, currently in the design stage, is planned at 611 West 56th Street, also known as 823 11th Avenue, in Midtown West. The building will span 162,000 square feet and stand 420 feet in height, according to Dezeen, and Álvaro Siza is designing. Sumaida + Khurana is co-developing with LENY, and construction is slated to begin in 2016, with completion in 2018. Gabellini Sheppard is designing the interiors, while SLCE Architects will serve as the architect of record. A six-story building will need to be demolished first.