Retail

Rendering of 41-47 West 57th Street by OMA

New Rendering by OMA Highlights 41-47 West 57th Street’s Height, In Midtown Manhattan

OMA released a new preliminary rendering of 41-47 West 57th Street, which YIMBY reported on last week when it was heard that the planned mixed-use 1,100-foot-high supertall would rise along Billionaires’ Row over West 57th Street over the next several years. Crain’s reported that Sedesco will also offer to bring in a pair of new ADA-accessible elevators to the nearby 57th Street station on Sixth Avenue in exchange for an additional 52,000 square feet of space for the potential 443,100-square-foot Midtown, Manhattan project. About 237,100 square feet will be devoted toward residential usage with 119 units, while nearly 205,100 square feet of commercial space will make room for a 158-room hotel and a 10,212-square-foot restaurant. 41-47 West 57th Street is located between Fifth and Sixth Avenues and will include ground-floor frontage on both West 57th and 58th Streets.

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Aerial view of Two South Willow - Marchetto Higgins Stieve and Minno Wasko

Developers Launch Leasing at Two South Willow Street in Montclair, New Jersey

Leasing has officially launched at Two South Willow, a new rental property at 2 South Willow Street in downtown Montclair, New Jersey. Designed by Marchetto Higgins Stieve and Minno Wasko with interiors by Kara Mann Design, the six-story building yields 200 apartments ranging from studios up to two-bedroom accommodations. Each home features open living spaces, modern kitchens with stainless steel appliances, walk-in closets for many of the residences, and in-unit washer dryers. Select units will have a private terrace or balcony.

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300 West 30th Street’s Envelope Progresses in Chelsea, Manhattan

Curtain wall installation is progressing on 300 West 30th Street, a 16-story residential building in Chelsea. Designed by Studio C Architects and developed by Hiwin USA, the property is located at the corner of West 30th Street and Eighth Avenue, a short walk from Madison Square Garden, Penn Station, and the new Moynihan Train Hall, and will yield 80 residential units and ground-floor retail space. The developer purchased the site from Salt Equities for $27.5 million in May 2018.

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Rendering of 351 Marin

351 Marin Boulevard’s Brick Façade Nears Completion in Jersey City

The brick and glass curtain wall is nearing completion on 351 Marin Boulevard, a 383-foot-tall residential tower in downtown Jersey City. Designed by Hollwich Kushner in collaboration with HLW International and developed in a joint venture between KRE Group and Northwestern Mutual, the 38-story edifice will yield 507 residential units, 8,000 square feet of commercial space, 203 parking spaces, and a 4,500-square-foot public plaza with a freestanding pavilion. The property is located on a rectangular parcel bound by Marin Boulevard to the east, 1st Street to the north, Bay Street to the south, and low-rise buildings to the west.

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Excavation and Foundations Progressing at 241 West 28th Street in Chelsea, Manhattan

Below-grade work is progressing at 241 West 28th Street, a 22-story, 479-unit residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the two-tower development recently acquired $173 million in construction financing arranged by Maverick Commercial Properties. MAG Partners acquired the Midtown, Manhattan property in December 2018 and established a 99-year ground lease with Edison Properties. 241 West 28th Street is located between Seventh and Eighth Avenues and will have 30 percent of residential units reserved for low- and middle-income households. Urban Atelier Group is the general contractor.

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