Silverback Development

New Rendering Reveals 141 East 47th Street’s Art Deco-Inspired Details in Midtown East, Manhattan

A new rendering has been revealed for 141 East 47th Street, a 35-story residential tower in Midtown East. Excavation is underway for the 183,310-square-foot project designed by Ismael Leyva Architects and developed by Silverback Development. The latter was brought on by Hopson Development Holdings, which previously purchased the parcel for $115 million in December 2019 from the original developers, New Empire Real Estate. The property will contain a mix of studios through two-bedroom units averaging around $1.5 million apiece, as well as 5,000 square feet of ground-floor retail space.

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Excavation Begins at 141 East 47th Street in Midtown East

Excavation is underway at 141 East 47th Street, the site of a 35-story residential tower in Midtown East. The 183,310-square-foot project is designed by Ismael Leyva Architects and developed by Silverback Development. The latter was brought on by Hopson Development Holdings, which purchased the parcel for $115 million in December 2019 from the original developers, New Empire Real Estate. Located between Park Avenue and Lexington Avenue, the development is set to yield 200 units and cost $250 million.

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Hero LIC Stands Completed at 24-16 Queens Plaza South in Long Island City, Queens

Construction is complete at Hero LIC, a 22-story condominium building at 24-16 Queens Plaza South in Long Island City, Queens. Designed by Woods Bagot Architects and developed by Silverback Development, the 284-foot-tall tower features a striking Art-Moderne design and contains a mix of studios, one-, and two-bedroom layouts, many of which offer private balconies. The Serhant Team at Nest Seekers International is handling the sales and marketing for the 109 units.

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