It has been about three months since we checked in on the coming Robert A.M. Stern creation at 220 Central Park South. Progress has been made since then. Photos taken by our friend Tectonic show the tower portion of the building, which rests on West 58th Street, is several stories taller, approaching the 10-story mark on its way to 66 stories.
Yesterday, we told you about the progress on a rather modest Durst Organization development on the southwest corner of Eleventh Avenue and West 58th Street. Today, we’re bringing you and update on a significantly bigger project around the corner on the south side of West 57th Street between Eleventh Avenue and Twelfth Avenue.
2015 will go down in New York’s storied retail history as the year when the city lost two of its flagship toy stores. At 6:00 p.m. on December 30, Toys “R” Us will shut down its Times Square store at West 44th Street and Broadway. The retail giant decided not to renew the lease due to ever-rising rents in the pedestrian-heavy neighborhood. Earlier in July, the company closed the famous FAO Schwarz store on at 767 Fifth Avenue, which had served the city since 1986.
If you’ve gone up the West Side Highway in Manhattan or up Port Imperial Boulevard in New Jersey, you’ve probably noticed the Durst Organization-developed Bjarke Ingels Group-designed Via tetrahedron. Not only is it visually striking, there has been a fair amount of press coverage. Additionally, its next-door neighbor, the high-rise Helena has been there for a decade now. But they are not the only Durst developments on the block bounded by Eleventh Avenue, West 57th Street, Twelfth Avenue, and West 58th Street.
Back in 2014, YIMBY reported on applications for a 25-story, 368-unit mixed-use building at 210 Livingston Street, in Downtown Brooklyn, and then this past October, developers Benenson Capital Partners and Rose Associates were working to land $158 million in construction loans. Real Estate Weekly reports the loan has closed, and in addition, has revealed the rendering for the project, which is being designed by Handel Architects. Seventy-four of the apartment units will be rented below market-rate, and nearly 20,000 square feet of retail space is planned on the ground and cellar levels. An 11-story office building was demolished back in 2014, and now that construction is imminent, completion is expected in late 2017.