Since we last checked up on the Financial District site of 77 Greenwich (aka 42 Trinity Place) last October, excavation has completely wrapped, and foundation work has begun in earnest on the imminently 40-story and 500-foot-tall tower. The project is being designed by FX Collaborative and developed by Trinity Place Holdings.
Developers are transforming a formerly brutalist building at 592 Fifth Avenue, on the corner of East 48th Street in Midtown Manhattan, and today YIMBY has the first look at its impending appearance. Formerly occupied by Bank of America, the structure is being refurbished for renewed commercial-retail use, with speculation that Puma could become an anchor tenant.
Plans have been revealed for 670 new affordable apartments within two buildings in Downtown Far Rockaway, Queens. The project comes as part of the neighborhood’s rezoning announced last September. The NYC Economic Development Corporation (NYCEDC) along with the Department of Housing Preservation and Development (HPD), and the Housing Development Corporation (HDC) jointly announced the project.
Permits have been filed for a four-story residential building at 52-11 102nd Street in Corona, Queens. The site is six blocks from the Queens Zoo in Flushing Meadows Corona Park, and eleven blocks away from the 103rd Street subway station, serviced by the 7 train. Yi Diao of Wisdom Property Management LLC is listed as responsible for the development.
The blocks of NoMad and its immediate surrounds remain incredibly active in terms of new development, and the wave of construction sweeping Fifth Avenue is about to yield yet another skyscraper. Today, YIMBY has an exclusive first look at what’s in store for 316 Fifth Avenue, in Koreatown, where developer Cottonwood Management is planning a 539-foot-tall tower designed by Kohn Pedersen Fox.