In December of 2014, YIMBY revealed Cornell Realty Management’s plans for a 17-story, 180-key hotel at 245-247 West 34th Street, in Midtown’s Garment District. Those plans have since been discarded, as Cornell and Chetrit Group have divided up their 34th Street assemblage into two separate ownerships. Earlier this year, Cornell announced plans to build a four-story retail complex at 257-263 West 34th Street, and now Chetrit has filed applications for a 32-story, 300-key hotel building at 243-255 West 34th Street. The new building will encompass 155,594 square feet, of which 122,426 square feet will be used as commercial space.
The 36-story, 615,850-square-foot office building at 65 East 55th Street, in Midtown, is currently receiving a $25 million renovation now that a majority of the tower is in between commercial leases. Construction on the first phase of renovations began earlier this year and includes a redesigned 41-foot-tall lobby and upgraded elevators, according to Commercial Observer. Once tenants vacate additional areas of the building this summer, work will begin on 20,000 square feet of amenities. Dubbed The Club, it will feature a fitness center, a recreational lounge, a bistro, and a conference center. A new outdoor plaza, with seating, vegetation, a sculpture, and a restaurant/bar, is also being constructed. Once completed, hundreds of thousands of square feet of office space will hit the market. Landlord Equity Office, a branch of Blackstone Group, acquired the 1985-built building in 2014 for $750 million.
It was in September of 2015 that YIMBY last brought you a construction update on the 82-story, 139-unit supertall residential tower underway at 53 West 53rd Street, in Midtown. At the time, foundation work was well underway at the site, and now the structure is up two stories above street level, as seen in photos by Tectonic (h/t Curbed). The luxury tower, dubbed 53W53, is being designed by Ateliers Jean Nouvel. Thierry Despont is designing the interiors of the residential units. The apartments will come in one- to six-bedroom configurations, and the largest listing is currently a seven-bedroom penthouse. Amenities include a pool, a library, a wine vault, a fitness center, and a lounge. The Museum of Modern Art (MoMA) will also be located on the bottom floors of the building. Hines and Pontiac Land Group are the developers, and completion is expected in 2017.
In early 2015, HFZ Capital Group launched sales for the 262-unit condominium conversion of the 25-story, 264-unit rental apartment building at 301 West 53rd Street, in Midtown. The property, built in 1979, is currently undergoing the conversion. The residential units will come in one-, two-, and three-bedroom configurations, and YIMBY can now reveal the project’s 16,000 square feet of amenities. They include a marble-cladded lobby, an outdoor dog park, a landscaped rooftop terrace designed by Terrain, a library, a fitness center, a children’s playroom, and another outdoor terrace on the second floor. The interiors are being designed by BP Architects and the building is being redubbed Fifty Third and Eighth (previously The Metro). The building currently contains 16,000 square feet of ground-floor retail space.
Among the numerous hulking eyesores in New York City, Two Penn Plaza manages to make a particularly negative impact, and its placement above Penn Station helps cement the latter’s status as an architectural failure. But now we have a first look at plans to transform the structure completely, created by Bjarke Ingels Group/BIG for developer Vornado.