Earlier this year, YIMBY revealed renderings of Magnum Real Estate Group and Real Estate Equities’ 10-story, 83-unit mixed-use building planned at 196 Orchard Street, on the Lower East Side. Now that demolition is complete on the site’s old commercial buildings, excavation work appears imminent, per Bowery Boogie. A pile driver has appeared on-site as well as other excavation equipment. Once complete, the building will also have 13,463 square feet of retail space on the ground floors, and Ismael Leyva is designing.
YIMBY has chronicled the slow evolution of ABN Realty’s 21-story, 24-unit residential project at 19 Park Place, in Tribeca, since the summer of 2013, and now a YIMBY reader has shared photos of the topped-out structure. The façade can also be seen rising skyward, and each condominium will feature a relatively prominent circular balcony. The 25-foot-wide building is being designed by Ismael Leyva, and extends through the block. Completion is likely by early 2016.
In August of 2014, YIMBY revealed renderings of Fortuna Realty’s planned luxury hotel building at 1150 Sixth Avenue, in Midtown between West 44th and 45th Streets, and now the developer has filed applications for the project. The 38-story, 310-key hotel will stand 415 feet tall and measure 138,458 square feet. Hotel rooms will average 447 square feet and begin on the fourth floor. The lobby, a lounge, spa, restaurant, ballroom, and meeting spaces will all be located on the lower levels. Ismael Leyva is the architect of record, and permits were filed last May to demolish an eight-story building.
YIMBY revealed the final design towards the end of last year for the 28-story, 174-unit mixed-use tower planned at 520 West 30th Street, in Midtown West, and now the project is well underway. Related has landed $200 million in loans, according to Commercial Observer, and the building has been under construction since the summer, with foundation work now nearly complete. An 11,500 square-foot retail component will span the ground floor, and Ismael Leyva is the architect of record.
In the first half of 2014, YIMBY reported on building applications for a nearly 600-foot-tall luxury residential tower at 45 Park Place, in Tribeca, and later that year, we revealed preliminary renderings of the project. Now, Bloomberg Business has the latest news on the tower, as well as an update on the design. The building will have 43 actual stories and will top out 667 feet above street level, up from the 39-story and 597-foot figures reported earlier. The latest filings call for 50 condominiums, and at least 15 will reportedly be full-floor units measuring 3,200 to 3,700 square feet. The 134,304 square-foot building will also incorporate 1,089 square feet of ground-floor retail.