YIMBY last covered 417 Park Avenue back in July 2020, when demolition permits for the 14-story, 29-unit residential co-op building were fully filed. GDS Development (GDSNY) is the owner of the building that stands on an 8,725-square-foot site and was originally built in 1916 with two cellar levels and a penthouse atop the 143-foot-tall edifice. The Midtown East property is located at the corner of Park Avenue and East 55th Street and is directly south of Foster + Partner‘s topped-out and nearly complete 425 Park Avenue. GDSNY and Klövern AB previously paid $184 million to purchase all the units, and the demolition of the current structure will make way for an office tower with a floor area ratio of 25, or nearly 220,000 square feet under Midtown East Rezoning regulations.
As New York City and the United States remembers and commemorates the 20th anniversary of 9/11, YIMBY once again takes a look at the sacred 16-acre World Trade Center site, which holds the two square footprints of the former Twin Towers that are part of the 9/11 Memorial and Museum. We focus on the active and ongoing construction of the Ronald O. Perelman Performing Arts Center, St. Nicholas Greek Orthodox Church, and the current state of Two and Five World Trade Center. All of which are, or are around, the former trapezoidal superblock that held six of the original World Trade Center buildings bound by West, Vesey, Church, and Liberty Streets.
YIMBY spotted new vertical progress made on the residential conversion and expansion of 67 Vestry Street. The project will stand as a 13-unit condominium building along Hudson River Park in Tribeca and is designed by BP Architects with Iliad Realty Group developing the property. Gachot Studios handling the interiors of the edifice, which involves a multi-story addition that will raise the floor count and architectural height of the structure from nine stories and 115 feet tall to 13 stories and 153 feet tall. The developers previously purchased the property for $55.5 million in 2017, and Corcoran Sunshine Marketing Group was last reported to be the exclusive marketing and sales agent for the 88,712-square-foot Romanesque-style building. 67 Vestry Street is located on a parcel of land bond by Vestry Street to the north and West Street and Hudson River Park to the west. King Contracting Group is handling all of the masonry and thin brick installation.
More exterior progress on Google’s 1.3 million-square-foot office at 550 Washington Street has been made in Hudson Square. Designed by COOKFOX Architects and developed by Oxford Properties, the topped-out building is the central component of the “Googleplex” that will encompass a total of 1.7 million square feet across three separate structures with the other two sites being 315 Hudson Street and 345 Hudson Street. Turner Construction is responsible for constructing the 12-story steel-framed edifice that spans two full city blocks between West Street, West Houston Street, Washington Street, and the New York Department of Sanitation building.
Construction is progressing on Gansevoort Peninsula Park, a new 5.5-acre public recreational space near the West Village on the Hudson River. Designed by James Corner Field Operations, who was commissioned by the Hudson River Park Trust in January 2019, the park is located next to Pier 53 and directly across from the Whitney Museum of American Art, and will most notably contain Manhattan’s first public beach.