Midtown East

Planned Skyscraper at 131-141 East 47th Street Appears Stalled, Likely Another Casualty Of Chinese Capital Outflow Restrictions in Midtown East, Manhattan

YIMBY’s recent reportage on a new wave of failed development sites has yet another likely addition. Renderings for the new look of 131-141 East 47th Street were revealed by YIMBY back in April of 2016, and since then, the site for the 49-story, 122-unit residential tower has been cleared of the previously extant structures. However, over two years post-demolition, work has appeared to come to a grinding halt, with no subsequent progress yet visible. The project is being developed by New Empire Real Estate, with SLCE Architects leading design, with the Chinese crackdown on capital outflows a likely explanation for the apparent pause in construction.

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118 East 59th Street Appears to Be Manhattan’s First Major Casualty of Chinese Capital Crackdown, in Midtown East

The last update YIMBY had for 118 East 59th Street was back in July of 2015, when the SCDA Architects-designed tower launched its promotional website and renderings. Now, the Midtown East site has been cleared of the previous buildings that once stood, and is a partially excavated open pit, replete with its own lake and new surrounding greenery. Permits were filed for the 470-foot, 38-story residential tower back in September 2014. SLCE Architects is the architect of record, while SCDA is designing both the exterior and the interiors of the 29 residential units that were expected to span around 2,400 square feet each. The developer of the project is Hong Kong-based Euro Properties, however, given the site’s current condition three years after groundbreaking was anticipated, current plans may be scuttled.

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Work Appears Stalled for ODA-Designed 303 East 44th Street in Midtown East, Manhattan

Today YIMBY has an update on progress, or lack thereof, for 303 East 44th Street, situated along East 44th Street between First and Second Avenues in Midtown East, which is tentatively set to stand 600 feet to its rooftop. The tower is being designed by ODA Architects and developed by Triangle Assets, with 44 condominiums spanning between 1,000 to 2,000 square feet apiece. Renderings were revealed nearly three years ago in 2015, however, since then, there has been no clear progress. The site is still home to two small red buildings, one of which is four stories tall, and the other standing three stories. It is unclear when they will come down, but it is most certain that they are still standing.

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232 East 54th Street Tops Out in Sutton Place, Manhattan

232 East 54th Street has topped-out, and now stands 24 stories above a 5,000 square foot plot of land in the Midtown East neighborhood of Sutton Place, between Second and Third Avenues. Ismael Leyva Architects is the designer while Elias Kalimian of Elk Investors is the developer of the project. The 237-foot tall mixed-use building covers 59,381 square feet, and will have 75 units within averaging close to 800 square feet apiece.

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Final Touches Underway for 200 East 59th Street in Midtown East, Manhattan

Macklowe Properties‘ newest residential tower at 200 East 59th Street stands 35 stories above Midtown East. Its entirety is now nearing completion as work begins to wrap on the lower floors. While advertising may promise elephants, giraffes, and other live animals for prospective residents of the 67 condominiums, reality provides a bold white facade and neatly stacked, and slightly protruding wraparound balconies. The building was designed by CetraRuddy Architecture and rises to a total height of 490 feet from the retail base.

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