Permits have been filed for a six-story residential building at 161 East 81 Street on Manhattan’s Upper East Side. The site is six blocks away from the 86th Street Lexington subway station, serviced by the 4, 5, and 6 trains, and seven blocks from the recently-opened 86th Street 2nd Avenue subway station, serviced by the Q and R trains. Just four blocks away is the Metropolitan Museum of Art. The building’s owner, Jong Mok Che, will be responsible for the development.
Developers are transforming a formerly brutalist building at 592 Fifth Avenue, on the corner of East 48th Street in Midtown Manhattan, and today YIMBY has the first look at its impending appearance. Formerly occupied by Bank of America, the structure is being refurbished for renewed commercial-retail use, with speculation that Puma could become an anchor tenant.
Renderings are out for a new look coming to 155 East 44th Street. The office building’s entrance and lobby will be redesigned to resemble a welcoming environment, along with the lounge, terrace, and modernized pre-war offices. The 35-story office building, designed by Ely Jacque Kahn, will be renamed 10 Grand Central, in recognition of being located within Midtown’s Grand Central Submarket area.
It has been less than four years since permits were filed for 1059 Third Avenue, but thanks to Tectonic we can see the tower has now risen 21 floors above the Upper East Side, on the way to its 30-story pinnacle. The project is one of several new high-rises coming to the neighborhood. Real Estate Inverland and Third Palm Capital are responsible for the development. The site was purchased for $40 million in 2012, costing just over $330 per buildable square foot.
Permits have been filed for a substantial 17-story mixed-use high-rise at 56 West 125th Street, in Harlem, Manhattan. The site is half a block from the 2 and 3 trains, and three blocks from the 125th Street train station serviced by Metro North. This is one of several substantial new buildings filed for the neighborhood, showing the economic revitalization of Harlem is far from over. The Jay Group is responsible for the development.