Full demolition permits have been filed for three adjacent four-story structures at 1637-1641 First Avenue on the Upper East Side of Manhattan. The mixed residential and commercial buildings were purchased by Extell Development over the past decade for over $20 million. It is unclear what plans Extell has for the substantial lot.
Set to rise 667 feet atop a block that’s now been dubbed part of Tribeca, 45 Park Place is approaching topping-out. Designed by SOMA Architects with Ismael Leyva serving as the executive and residential architect, the tower is being developed by Sharif el-Gamal’s Soho Properties. The new 43-story skyscraper will have interiors designed by Piero Lissoni while sales of the units are being handled by Corcoran Sunshine. The building is now climbing past the 36th floor, where the last major setback on the eastern elevation is located.
The Georgetown Company has announced a new $410 million financing package for their recently completed office building at 787 Eleventh Avenue. According to the company, the investment from Societe Generale (SocGen) replaces a $350 million construction loan from the Blackstone Group, Goldman Sachs, and ICBC.
In a surprising and exclusive reveal, YIMBY has the scoop for new renderings offering a first look at LeFrak’s waterfront development at 700 Washington Boulevard, in Jersey City. While the developer has released little information about the project, updated illustrations appear to match preliminary renderings made public in 2017, following approvals from the State of New Jersey.
Led by Rogers Stirk Harbours + Partners, the UK-based design team has proposed a large development project in the West Historic Chelsea District. Consisting of three adjoining construction sites, the firm is seeking to create a new eleven-story building at 550 West 27th Street, as well as an expanded upper section on top of 260 Eleventh Avenue and an exterior renovation of 549 West 26th Street. The proposal is now under review by the Landmark Preservation Committee as of January 10, 2019.