On Saturday, four concrete pumps descended on a web of rebar to conduct the first pour for the foundation of One Vanderbilt, a 58-story, 1.7-million-square-foot commercial tower under construction adjacent to Grand Central Terminal in Midtown East. The progress can be seen thanks to photos posted to the YIMBY Forums. The latest building permits have the 1,401-foot-tall tower measuring 1,755,814 square feet.
Silverstein Properties is now considering developing a two-towered mixed-use project 514 Eleventh Avenue, located on the block between West 40th and 41st streets in Midtown West. The latest plans, which the developer has not committed to at this time, would include a 600,000-square-foot residential condominium tower, followed by a separate one-million-square-foot commercial tower. These plans are consistent with current zoning laws and would not require a rezoning, Crain’s reported. CetraRuddy would be responsible for the design.
A Brooklyn-based property owner has filed applications for a seven-story, five-unit mixed-use building at 1374 42nd Street, in Borough Park. The project will measure 14,387 square feet and rise 70 feet in height to its roof. Office space, measuring 1,990 square feet, will span the ground and cellar levels, followed by a 2,103-square-foot daycare facility on the second floor and five residential units across the third through seventh floors. The apartments should average 1,427 square feet apiece, indicative of condominiums. Brooklyn-based Bricolage Designs is the architect of record. The 2,504-square-foot lot is occupied by a two-story townhouse. Demolition permits have not been filed.