Excavation work is nearly complete and construction has started on the foundation of the planned 63-story, 124-unit mixed-use building at 138 East 50th Street, in Midtown East. The latest photo was captured by YIMBY Forums user ILNY/NY Construction Photography. The most recent building permits indicate the project will rise 803 feet above street level and measure 253,222 square feet. There will be 4,588 square feet of retail space across the cellar and ground floors. The residential units, condominiums, should average 1,706 square feet apiece. The number of units listed on permits, 124, is up quite a bit from what YIMBY reported a year ago, 91, when renderings were revealed. Ceruzzi Properties is the developer and Pelli Clarke Pelli Architects is the design architect. SLCE Architects is the architect of record. Completion in 2018 is probable.
Yesterday, YIMBY reported on applications for a seven-story, five-unit mixed-use building at 3 East 3rd Street, located on the western end of the East Village. Real Estate Weekly managed to get their hands on a rendering of the project, which is to be developed by Brooklyn-based Barrett Design. Alex Barrett, the firm’s architect, is designing the project in-house. The project will include a 3,135-square-foot retail condo spanning three levels, including the ground floor. Above that, there will be four full-floor condominiums and a duplex penthouse. The developer has secured $6.9 million in financing for the acquisition of the site. A three-story commercial building must first be demolished.
New York City’s hospitals are struggling. St. Vincent’s Hospital in the West Village shut its doors in 2010 and sold most of its property to condo developers. Beth Israel Hospital is planning to close and sell off some of its buildings in the East Village, eventually demolishing the 825-bed hospital and developing a newer, smaller facility.
Since it stood two stories in height in April, the eight-story, 143-unit mixed-use building under development at 504 Myrtle Avenue, in northern Clinton Hill, has topped out. The latest photo comes via prolific construction chronicler Tectonic. The most recent building permits indicate the project grew slightly compared to filings retrieved for YIMBY’s April update. The structure now encompasses 125,585 square feet and has gained two units (up from 141). The ground floor will host 20,304 square feet of retail space, while the floors above will contain rental apartments, averaging 736 square feet apiece. Twenty-eight of them will rent at below-market rates through the affordable housing lottery. Silverstone Property Group and Madison Capital Realty are the developers. HTO Architects is behind the architecture and completion is scheduled for 2017.
A deteriorating piece of Greenwich Village dating back to the time of President Andrew Jackson will be demolished. On Tuesday, the Landmarks Preservation Commission approved a proposal for a new building at 327 Bleecker Street.