Vornado Realty Corp. and Kushner Companies are proposing to redevelop the 41-story, 1.5-million square-foot commercial building at 666 Fifth Avenue, in Midtown between East 52nd and 53rd Streets, into a 1,400-foot-tall mixed-use tower. According to the New York Post, the building would include a significant retail podium, which will be topped by a slender tower featuring a hotel and residences. Zaha Hadid has been tasked to design, and Kushner owns a majority of the property, although Vornado currently owns the building’s retail condominium along Fifth Avenue, and Zara owns a separate retail portion.
Back in 2014, we reported on permits for a new 52-story hotel at 138 East 50th Street, between Lexington and Third Avenues in Midtown East. YIMBY can now reveal the latest plans for the site, which have changed significantly, and the entirety of the building above the retail base will be condominiums. The project has also received a significant height boost, and is now slated to stand 64 stories and 803 feet tall, with Pelli Clarke Pelli serving as the design architect.
After the City Council greenlighted One Vanderbilt’s rezoning in May, it was only a matter of time until developer SL Green pushed forward with construction of the 67-story commercial tower. And on Friday, they filed plans for the project, under the property’s main address at 51 East 42nd Street.
West 39th Street between Eighth and Ninth Avenues in the Garment District already has four hotels, with another two in the works. But one builder has decided to buck the trend by filing applications for a residential development on the block, at 355 West 39th Street.
The saga behind the rise of 53 West 53rd Street is finally drawing to a close, and after excavation began approximately one year ago, foundation work is finally beginning for the future supertall. When we last checked on the project, digging had made some progress, but the latest photo set from ILNY shows the base of a crane has now been installed, rebar is arriving, and that excavation work has seemingly wrapped up.