Demo permits have been filed for 14 Fifth Avenue in Manhattan’s Greenwich Village, the site of a planned 19-story residential tower designed by Robert A.M. Stern Architects and Hill West. Located between East 8th Street and East 9th Street with 52 feet of frontage along Fifth Avenue, the property is currently occupied by a four-story residential building with 20 units. Madison Realty Capital is listed as the owner behind the application, after purchasing the 5,255-square-foot site for $27.5 million in 2015.
Hill West Architects
Construction is now fully complete on Skyline Tower, the tallest skyscraper in Long Island City and all of Queens. Addressed as 23-15 44th Drive, the 68-story, 778-foot-tall edifice is designed by Hill West Architects and developed by United Construction & Development Group, FSA Capital, and Risland US Holdings LLC. Yielding 802 residences designed by Whitehall Interiors and marketed by Modern Spaces, residences range in price from $500,000 to $4 million. The site is located at the corner of 23rd Street to the west and 44th Drive to the south.
Full demo permits have been filed for three one-story structures at 2686-2690 Broadway on Manhattan’s Upper West Side. Located at the intersection of West 103rd Street and Broadway, the buildings once housed the Marrakech Hotel, which was partially demolished after the previous owner was fined for illegally converting residential units into hotel rooms. Toll Brothers is listed as the owner of the site under the 2686-2690 Broadway LLC, after purchasing the property in 2019 for $44 million.
SMA Equities recently secured a $56 million financing package to complete a new 20-story mixed-use building in Kips Bay, Manhattan. The project is located at 202 East 23rd Street and will eventually yield a mix of income-restricted and market-rate apartments and around 2,400 square feet of lower-level retail.
Exterior work is continuing to shape up on 2401 Third Avenue, a three-tower complex designed by Hill West Architects in Brookfield Properties‘ Bankside master plan in Mott Haven, The Bronx. The 4.3-acre development is a combination of two sites along the northern side of the Harlem River. 2401 Third Avenue is located on the western side of the Third Avenue Bridge, and 101 Lincoln Avenue is the larger counterpart found on the opposite side. Bankside will provide seven residential buildings, 15,000 square feet of retail space, a community facility run by a local nonprofit yet to be named, and 34,000 square feet of public waterfront space. Brookfield purchased the two parcels for $165 million in September 2018 from Somerset Partners and The Chetrit Group. Ground was first broken on 2401 Third Avenue in the fall of 2019, and construction on Bankside is expected to cost $950 million and yield 1,370 units.