A lot of progress has been made on 368 Third Avenue in Kips Bay since YIMBY’s last visit in mid-June, when excavation was still ongoing for the 35-story mixed-use residential tower. Today, the reinforced concrete structure is approaching the halfway mark and is gaining increasing prominence over the surrounding neighborhood. The 388-foot-tall, 145,000-square-foot structure is located between East 26th Street and East 27th Street and is being designed by SLCE Architects. Minrav Development purchased the site from Continental Ventures and Itzhaki Acquisitions for $64 million. The development will yield 100 apartments, averaging around 1,110 square feet apiece.
Over the summer summer, YIMBY partially revealed renderings for the planned 25-story, 115-unit residential building at 565 Broome Street (a.k.a 100 Varick Street), in Hudson Square. The developers have now secured a $320 million construction loan for the project, according to Crain’s, and Cindat (the U.S. branch of Beijing-based China Cinda Asset Management Co.) also acquired a $135 million stake in the project. The development team – SHVO, Bizzi & Partners Development, Halpern Real Estate Ventures, Aronov Development, and Itzhaki Acquisitions – recently acquired the two-story annex at 555 Broome for $9 million, completing the assemblage.
The Landmarks-approved condo project rising at 130 Seventh Avenue South in the West Village has a teaser site, a new address, and a new rendering. Now, the seven-story development between West 9th and 10th Streets will be known as 175 West 10th Street.
In March, YIMBY revealed a rendering of Bizzi & Partners’ planned 25-story tower at 100 Varick Street, and now plans have been filed for the 290-foot-tall residential building at the corner of Watts Street in Hudson Square.
Last June, the first demolition permits were filed for existing structures at 60-64 Watts Street, part of an assemblage that extends to 100 Varick Street. The latter location will apparently be the official address of the…