Another sky-scraping residential tower is headed for the blocks near City Hall. Roe Corporation filed plans yesterday for a 42-story, mixed-use building at 265 Broadway, across from City Hall Park between Warren and Chambers streets.
Gene Kaufman Architect
The Pestana Hotel Group has purchased, for $16 million, a 99-year ground-lease for the 2,469-square-foot vacant lot at 23 East 39th Street, in Midtown East. The hotelier is planning to develop a 27-story, 97-key hotel at the site, Commercial Observer reported. Building permits, approved by the Department of Buildings in December 2015, are currently on file for a 27-story, 96-key structure, which YIMBY reported on in 2014. The plans indicate the tower will encompass 39,964 square feet and rise 273 feet to its pinnacle. Gene Kaufman’s SoHo-based architecture firm is behind the plans, although it wasn’t stated if Pestana will move forward with the same design. Arbalest Capital Corp. is the property owner. The site was home to a five-story building until March 2016, when it was demolished.
Construction appears to have been completed on the seven-story, 23-unit mixed-use project at 227 Grand Street, located on the corner of Elizabeth Street in Chinatown. The project is a redevelopment of three existing commercial structures that stood two or three stories in height. The expanded structure contains 6,929 square feet of commercial space, consisting of retail on the ground and second floors, in addition to office space also on the second floor. The residential units, across floors three through seven, should average 574 square feet apiece, indicative of rentals.
Foundation work is underway on the 24-story, 62-unit mixed-use building under development at 1050 Sixth Avenue, located between West 39th and 40th streets in Midtown near Bryant Park. The progress can be seen thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the project will measure 62,886 square feet and stand 299 feet to the top of its bulkhead.
Hotel developer Sam Chang has just broken ground on his second hotel on West 39th Street between Eighth and Ninth avenues. YIMBY has the first look at the building at 350 West 39th Street, which will be designed by Gene Kaufman.