Midtown West

520 West 41st Street

Demolition Begins At 520 West 41st Street, Site Of 106-Story Mixed-Use Tower, Midtown West

Earlier this year, Silverstein Properties paid roughy $100 million for a car dealership at 520 West 41st Street, aka 514 Eleventh Avenue, in Midtown West. Last summer, YIMBY revealed plans for an 106-story, 1,400-unit mixed-use tower at the site (currently traversing ULURP). Although the proposed 1.685 million square-foot building has yet to be approved, Curbed reports demolition of the existing low-rise commercial building has begun.




493 11th Avenue

City To Request Proposals For All-Affordable Mixed-Use Tower At 493 11th Avenue, Midtown West

The City’s EDC has confirmed the redevelopment of the parking lot at 493 11th Avenue, on West 39th Street in Midtown West, according to DNAinfo. The City will request proposals this summer for a permanently all-affordable housing tower, which will also have retail and community space on the lower levels. The site was previously said to allow for a 45-story, 300-unit building, and was formerly occupied by a six-story slaughterhouse, demolished in the 1980’s.


Developer Acquires Air Rights For Planned Hotel At 450 11th Avenue, Hudson Yards District

Marx Development Group has acquired 35,550 square feet of transferable development rights for $7 million as they prepare to build a 39-story and 438-key hotel at 450 11th Avenue, in Midtown West. According to Commercial Observer, the building will measure 213,300 square feet, although plans have yet to be filed with the DOB. Multiple single-story commercial buildings must first be demolished, and ground breaking is planned in 2016.


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