In northern Greenpoint, three mid-rise affordable residential buildings are going up, with 21 Commercial Street, a six-story, 93-unit residential building, the first to top out. In May, foundation work was underway at 33 Eagle Street, where a seven-story, 98-unit building is planned, and now construction is above street level, according to Brownstoner.
Last December, Thor Equities filed applications for a 71-story, nearly 353,600 square-foot mixed-use tower at 520 5th Avenue, in Midtown, and now Ceruzzi Properties has agreed to acquire the site for $325 million, according to Commercial Observer. The new owner plans to proceed with previous plans, which will feature three stories of retail, followed by 208 hotel rooms up to the 24th floor, and 145 residential units in the upper reaches of the tower.
The 26-story, 350-dorm-unit Passive House building in the works at Cornell Tech Campus, on Roosevelt Island below the 59th Street Bridge, is now under construction, according to The New York Times. The 270,000 square-foot building, designed by Handel Architects, would be the tallest Passive House building in the world upon completion in 2017. Hudson Companies, Cornell Tech and Related Companies are developing, and the entire $2 billion campus should be built out over the next two decades.
Last week, YIMBY revealed the exteriors for 1 Park Lane, which has an actual address of 36 Central Park South, the site of the current Helmsley Park Lane. While we speculated that Vinoly designed the building, we learned that Handel Architects was in fact behind the renderings; we have also obtained a new set of images which include that version of the project’s interiors and views, which will be very impressive.
Back in late April the Wall Street Journal posted a sliver of the rendering for 126 Madison Avenue, a 47-story residential tower which is being developed by Fosun Property and JD Carlisle at the northern edge of NoMad, on the east side of 30th Street and Fifth Avenue. Now, YIMBY has the full image for the skyscraper, as well as another perspective, giving a much better idea of the 730-foot project’s eventual impact on the Midtown South skyline.