Sheldon Solow

16 West 57th Street

Developer Grows High-Profile Mixed-Use Assemblage at 16 West 57th Street, Midtown

Back in September of 2014, YIMBY brought you an update on the development site at 16 West 57th Street, along Midtown’s Billionaires’ Row, when the property was acquired for $95 million by a Brazilian investor. Last week, developer Sheldon Solow acquired the property, a five-story, 24,000-square-foot commercial building, for $128 million, The Real Deal reported. The developer also owns the adjacent properties at 10 West 57th Street, 20 West 57th Street, and 19 West 56th Street. The site assemblage now boasts 213,000 square feet of residential development rights, plus additional rights that can be put towards a commercial component. The new owner has yet to disclose plans for the site. Demolition permits were filed last year to raze 16 West 57th Street as well as the six-story office building at 19 West 56th Street.


685 First Avenue

Reveal for 42-Story, 556-Unit Rental/Condo Tower Planned at 685 First Avenue, Murray Hill

In August of 2015, YIMBY reported on applications for a 42-story, 550-unit mixed-use building at 685 First Avenue, located between East 39th and 40th streets in Murray Hill. Now, new details and renderings of the building have been revealed by the Wall Street Journal. The 459-foot-tall tower will actually contain 556 residential units and measure a whopping 828,000 square feet in its entirety. Two-thirds of the units will be rental apartments while the remaining one-third will be condominiums. Amenities include an underground 110-car garage, storage for 282 bikes, laundry facilities, a pool, a fitness center, a library, and recreational and assembly rooms. There will also be 10,088 square feet of ground-floor retail. Richard Meier & Partners Architects is behind the design, and Sheldon Solow is the developer. Excavation is reportedly underway, and completion is expected in 2018.

Read More

685 First Avenue

42-Story, 550-Unit Mixed-Use Tower Filed At 685 First Avenue, Murray Hill

Developer Sheldon Solow has filed applications for a 42-story, 770,812 square-foot mixed-use building at 685 First Avenue, Murray Hill, located five blocks from of Grand Central Terminal. The building will contain 550 residential units across nearly 705,000 square feet, for average units of 1,282 square feet. Retail space on the ground floor will measure 10,088 square feet, and amenity space will span the second and third floors, featuring a pool, fitness center, library, and private recreational and assembly spaces.




Fetching more...