Construction is continuing on the Korean Cultural Center of NYC, a highly distinctive 120-foot-tall building at 122-126 East 32nd Street in Murray Hill. Designed by SAMOO Architecture PC for Level Group, the Consulate General of the Republic of Korea, NY, purchased the property for $15.8 million in March 2008, including the use of nearly 4,500 square feet of air rights. The project, which broke ground in June 2018, is planned to yield 36,500 square feet.
Work is nearing completion on Brooklyn Point, the borough’s tallest skyscraper at 720 feet and number 19 on our countdown of the tallest construction projects underway in the city. Developed by Extell and designed by Kohn Pedersen Fox with SLCE Architects as the architect of record, the 68-story residential tower is part of the City Point complex in Downtown Brooklyn and is formally addressed as 1 City Point and 138 Willoughby Street. The property will contain 458 units in studio to three-bedroom layouts, with interior design by Katherine Newman. Ryan Serhant and his newly established brokerage, SERHANT, will handle sales for the homes, which will range from $850,000 to nearly $4 million.
Demolition of the vacant 15-unit, five-story tenement building at 116 Second Avenue is underway after last Sunday’s massive six-alarm fire in the East Village that devastated the adjacent and historic 128-year-old Middle Collegiate Church. The building is now entirely razed and the site has been mostly cleared, with only a pile of brick remaining on the eastern end of the property.
Construction has passed the halfway mark at 601 West 29th Street, a 695-foot-tall residential skyscraper in Hudson Yards and number 20 on our countdown of the tallest buildings under construction in New York. Referred to as “Tower A” in a two-building development along with the adjacent 606 West 30th Street, the 58-story structure is designed by FXCollaborative for Douglaston Development and sits along Eleventh Avenue on the border of West Chelsea.
Demolition is continuing at 12 West 57th Street in Midtown, the site of a 672-foot-tall skyscraper that comes in at number 21 on our countdown of the tallest projects underway in the city. The 52-story project is designed by Skidmore, Owings, & Merrill (SOM) and is being developed by Sheldon Solow of Solow Management Corp., who filed permits back in 2019. A preliminary rendering was revealed in early May, showing a slender black glass monolith rising behind a white glass and marbled stone podium. The development required the demolition of three low-rise structures spanning from 10 to 20 West 57th Street.