Construction is now above street level on 131-141 East 47th Street, a 500-foot-tall residential skyscraper in Midtown East. Designed by Ismael Leyva Architects and developed by Silverback Development, the 34-story structure will yield 200 apartments ranging from studios to two-bedroom units as well as 5,000 square feet of ground-floor retail space with frontage along West 47th Street. Silverback was brought onto the project by Hopson Development Holdings, which purchased the parcel for $115 million in December 2019 from the original developers, New Empire Real Estate. Structure Tech New York and Cauldwell Wingate are constructing the building.
Crown work is moving along on 3 Sutton Place, an 847-foot-tall residential skyscraper at 430 East 58th Street in Midtown East. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate with Stephen B. Jacobs Group as the executive architect, the 62-story tower is located between Sutton Place South and First Avenue and will yield 121 residential units with sweeping views of Manhattan. The site is a short walk from the Sutton Place Park North esplanade that overlooks the East River, Roosevelt Island, and Long Island City.
Construction is progressing on 435 West 19th Street, a three-story addition and residential conversion of a former warehouse building in Chelsea, Manhattan with Rand Engineering and Architecture listed as the architect of record. The steel-framed expansion will bring the structure to eight total stories with 18 units averaging 1,400 square feet apiece. Churchill Real Estate Holdings is the owner of the site, which went through a bankruptcy auction led by Meridian Investment Sales in the early months of 2020. The original owner Six Sigma filed for bankruptcy twice with over $40 million in debt after purchasing the property for $21 million in 2014. Countywide Builders Inc. is the general contractor for the project, which is located between Ninth and Tenth Avenues.
Work is progressing on the steel superstructure of 270 Park Avenue, JP Morgan Chase‘s new 1,425-foot supertall headquarters in Midtown, Manhattan. The 2.5-million-square-foot skyscraper is located between Park and Madison Avenues and 47th and 48th Streets and replaces the Union Carbide Building, which is now fully demolished.
Construction has topped out on the ten-story addition atop 685 Fifth Avenue, a 100,000-square-foot office-to-condominium conversion in Midtown, Manhattan. Designed by Marin Architects and developed SHVO in partnership with Deutsche Finance, the $135 million project will yield 69 condominium units designed by March and White Design and managed by Mandarin Oriental Hotel Group, as well as retail space with Fifth Avenue frontage marketed by Brookfield Properties. Coach, Stuart Weitzman, and TAG Heuer currently operate their stores on the lower floors of the edifice while work progresses above.