Below-grade work is progressing at 241 West 28th Street, a 22-story, 479-unit residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the two-tower development recently acquired $173 million in construction financing arranged by Maverick Commercial Properties. MAG Partners acquired the Midtown, Manhattan property in December 2018 and established a 99-year ground lease with Edison Properties. 241 West 28th Street is located between Seventh and Eighth Avenues and will have 30 percent of residential units reserved for low- and middle-income households. Urban Atelier Group is the general contractor.
It looks like Billionaires’ Row is about to get another supertall in the near future. Plans for a mixed-use 1,100-foot-tall tower at 41-47 West 57th Street have been spotted according to the New York DOB, where the applicant, BOB 57, LLC., proposes a 63-story supertall with just under 443,100 square feet of newly built space. About 237,100 square feet will be devoted toward residential usage with 119 units, while nearly 205,100 square feet of commercial space will make room for a 158-room hotel and a 10,212-square-foot restaurant. The Midtown, Manhattan site is located between Fifth and Sixth Avenues and has frontage along both West 57th and West 58th Streets. This would be the tallest structure between SHoP Architects‘ 111 West 57th Street and Rafael Vinoly‘s 432 Park Avenue.
Kossar’s Bagels & Bialys is opening a second retail location in Manhattan on the ground floor of Ohm, a 34-story mixed-use building at 312 Eleventh Avenue in Hudson Yards.
A new rendering has been released for 3 Sutton Place, a 847-foot-tall residential skyscraper under construction at 430 East 58th Street in Midtown East. Spotted on architect Thomas Juul-Hansen‘s Instagram page, the rendering shows the 62-story tower illuminated at night from the East River. The project is being developed by Gamma Real Estate with Stephen B. Jacobs Group as the executive architect and will yield 121 units. The property is located between Sutton Place and First Avenue, a short walk from the Sutton Place Park North esplanade that overlooks the East River, Roosevelt Island, Long Island City, and the Queensboro Bridge.
Vinyl retailer Rough Trade recently debuted a new Manhattan flagship store in Rockefeller Center. Following seven years in Williamsburg, Brooklyn, the retailer has relocated to Midtown and is now open for business in the former RCA Building at 30 Rockefeller Plaza, just steps from Radio City Music Hall.