Construction has topped out on 456 Greenwich Street, a 110-foot-tall, eight-story hotel building in Tribeca. Developed by Caspi Development and designed by Stephen B. Jacobs Group with Martin Brudnizki Design Studio as the interior designer, the 94,000-square-foot structure will yield 96 guest rooms operated by Groupe Lucien Barrière of the Hôtel Barrière Le Fouquet’s Paris. The site is bound by Greenwich Street to the east, Desbrosses Street to the south, and Washington Street to the west. More than three years passed from groundbreaking to topping out due to numerous delays stemming from legal disputes and financial issues, though it appears that the project is finally back on track.
Stephen B. Jacobs Group
Construction is rising at 2551-2555 Broadway, a 22-story residential project on Manhattan’s Upper West Side. Located at the corner of Broadway and West 96th Street, the 276,578-square-foot structure is designed by Stephen B. Jacobs Group and is being developed by Extell, which purchased the property for $80 million in a sale facilitated by Eastern Consolidated. The building will yield 215,866 square feet of residential space with 130 units, likely condominiums with an average scope of 1,660 square feet, as well as 9,080 square feet of commercial space.
Douglaston Development, New York State Homes and Community Renewal, and New York City Department of Housing Preservation and Development recently announced the closing of construction financing for a $93.5 million mixed-use affordable housing development. The senior housing development addressed as 2856 Webster Avenue will bring 188 units to the Bedford Park neighborhood in The Bronx.
Façade installation is progressing on 3 Sutton Place, a 847-foot-tall residential skyscraper at 430 East 58th Street in Midtown East and number 15 on our countdown of the tallest construction projects underway in New York. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate with Stephen B. Jacobs Group as the executive architect, the 62-story tower is located between Sutton Place South and First Avenue and will yield a total of 121 residential units. The site is a short distance away from the East River and the Sutton Place Park North esplanade.
Permits have been filed for a seven-story mixed-use building at 38-20 Parsons Boulevard in Flushing, Queens. Located at the intersection of 38th Avenue and Parsons Boulevard, the corner lot is a few blocks east of the Main Street subway station, serviced by the 7 train. Kenneth Liu under the Eastone Parsons Holding LLC is listed as the owner behind the applications.