New York

Excavation Begins at 249 East 50th Street, in Midtown

Excavation work is beginning at 249 East 50th Street in Midtown East for a ground-up, 151-foot-tall residential project standing 15 stories high. The site is located between Second Avenue and Third Avenue, and was once home to three townhouses and a ground-floor French restaurant called Lutèce. In 2016 YIMBY last reported that China-based developer Tun Kyaw is behind the property and previously purchased the land for $17 million. Isaac Stern will be the designer of the new structure.

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First Glass Panels Installed on FXCollaborative’s 77 Greenwich Street, in Financial District

The first reflective glass panels have begun going up on the southern façade of 77 Greenwich Street in the Financial District. These will eventually cover the entire 350-foot-tall residential section that sits above a 150-foot retail and grade school podium. The 42-story mixed-use skyscraper is being designed by FXCollaborativeTrinity Place Holdings is the developer, while Deborah Berke Partners is in charge of the interior design. Sales have also launched for the 90 condominium units, which will range from one- to four-bedroom homes.  Pricing begins at $1.78 million for a one-bedroom residence.

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Excavation in Full Swing at 50 Trinity Place, in Financial District

Excavation work is underway at 50 Trinity Place in the Financial District, where a ground-up, 28-story Aloft Hotel will soon rise. The upcoming reinforced concrete building will yield 173 rooms and 77,310 square feet of newly built space. Plans also call for a ground-floor restaurant adjacent to the lobby, as well as a fitness center on the second floor and seven to eight rooms per floor up to the last occupiable level. Peter Poon Architects is the designer of the tower while FIT Investment Corporation is the developer. The site was previously purchased for $15 million from Sam Chang in 2012.

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2680 Morris Avenue in Fordham, The Bronx

Permits Filed for 2680 Morris Avenue in Fordham, The Bronx

Permits have been filed for a 12-story mixed-use building at 2680 Morris Avenue in Fordham, The Bronx. Located between East Kingsbridge Road and East 196th Street, the lot is one block east of the Kingsbridge Road subway station on Jerome Avenue, serviced by the 4 train and the Kingsbridge Road subway station on Grand Concourse, serviced by the B and D trains. Sakander Raja of S&N Builders is listed as the owner behind the applications.

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