Stephen B. Jacobs Group


38 West 33rd Street

36-Story, 198-Unit Mixed-Use Project At 38 West 33rd Street Financed, Midtown South

Over a year ago, applications were initially filed for a 36-story, 198-unit mixed-use building planned at 38-46 West 33rd Street in Midtown South, and then YIMBY revealed a rendering of the project this past summer. Now, The Torkian Group has landed a $105 million construction loan for their 220,000 square-foot building, Commercial Observer reports. As previously reported, 198 residential units will spread across 160,029 square feet of residential space, with units averaging roughly 800 square feet, and ground-floor retail will measure 5,872 square feet. Stephen B. Jacobs Group is designing, and excavation work is currently underway.


501 East 74th Street

Exterior Construction Wraps Up on 20-Story, 82-Unit Rental Building At 501 East 74th Street, Upper East Side

Last summer, YIMBY revealed renderings for Benjamin Ohebshalom’s planned 20-story, 82-unit rental building at 501 East 74th Street, on the Upper East Side, and then YIMBY reported the structure’s topping out last February. Now, per DNAinfo, the façade is being installed, and move-ins are expected this November. The building is being dubbed The Rose Modern, and leasing is expected to kick off next month. The Stephen B. Jacobs Group is the project’s architect.




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