The affordable housing lottery has launched for The Gilroy, a 40-story tower at 232 East 54th Street in Midtown East, Manhattan. Designed by Ismael Leyva, the Art Deco-inspired high-rise yields 130 units. Available on NYC Housing Connect are 40 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $45,566 to $167,570.
Last week TF Cornerstone and RXR Realty, development partners of the Grand Hyatt New York redevelopment in Midtown East, announced a cultural program at 175 Park Avenue with New York City-based non-profit Public Art Fund and Lord Cultural Resources. This will include public art installations, community events, and programming inside and around the Skidmore Owings & Merrill-designed skyscraper.
Excavation has begun at 244 East 52nd Street, the site of a seven-story condominium building in Midtown East. Designed by Issac & Stern Architects for Minrav Development, the 26,000-square-foot structure will yield 15 units, a cellar level, a 30-foot-long rear yard, and what appears in the rendering to be a roof terrace. Residential amenities have yet to be disclosed for the property, which will rise from a 5,000-square-foot plot between Second and Third Avenues. Permits were filed in January 2019 to demolish the 9,200-square-foot education facility that formerly occupied the site.
Façade installation is continuing on 249 East 50th Street, a 15-story residential building in the Midtown East neighborhood of Turtle Bay. Designed by Issac & Stern Architects and developed by Tun Kyaw, the 151-foot-tall structure will yield 29 condominium units spread across 50,000 square feet, for an average of 1,700 square feet each. 249 East 50th Street is located near the corner of East 50th Street and Second Avenue.
This week chef Daniel Boulud and SL Green celebrated the opening of Le Pavillion, an 11,000-square-foot culinary oasis at One Vanderbilt. The restaurant occupies the tower’s second floor at the corner of Vanderbilt Avenue and 42nd Street.