Retail

368 Third Avenue Approaching Final Residential Floors in Kips Bay

Construction has reached the final floors of 368 Third Avenue in the Manhattan neighborhood of Kips Bay. The 388-foot-tall reinforced concrete structure has risen rapidly since mid-June, when excavation was still underway. Designed by SLCE Architects and developed by Minrav Development, the 35-story, 145,000-square-foot building will house 100 apartments for an average of 1,100 square feet apiece.

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Central Park Tower’s Glass Curtain Wall Nears Completion in Midtown

Taking the number-one spot in our annual construction countdown is the 1,550-foot-tall Central Park Tower, aka 217 West 57th Street, the tallest building by roof level in New York City and the entire western hemisphere, as well as the tallest residential building in the world. Work on the glass curtain wall is approaching the parapet of the slender reinforced concrete superstructure, which rises 99 stories above 57th Street, aka Billionaires’ Row. The project is designed by Adrian Smith + Gordon Gill and developed by Extell, which is expecting a $4 billion sellout on the tower’s 179 residences. A 320,000-square-foot Nordstrom flagship occupies the base of the building.

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533 Mercer Street, aka 289 Jordan, Approaches Halfway Point in Jersey City

Construction is nearing the halfway mark at 533 Mercer Street, aka 289 Jordan, in Jersey City. The superstructure has been steadily rising and will eventually top out as one of the tallest buildings to the west of the main downtown district. The 16-story structure is designed by Marchetto Higgins Stieve Architects and developed by Mercer Jordan LLC, an affiliate of New York-based company Sequoia Development GroupGRID Real Estate, and Dresdner Robin. The mixed-use project is expected to contain 300 apartments.

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111 West 57th Street’s Terracotta Envelope Reaches Steel Crown in Midtown

The terracotta and bronze façade has reached the bottom of the steel crown of SHoP Architects‘ 111 West 57th Street, the second-tallest project in YIMBY’s construction countdown. Developed by JDS DevelopmentProperty Markets Group, and Spruce Capital Partners, the 1,428-foot-tall residential skyscraper features a height-to-width ratio of 24:1, making it the most slender building in the world. A total of 46 condominiums will be created and marketed by Douglas EllimanStudio Sofield is the interior designer.

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