When YIMBY dove into the history of 101-111 Murray Street in TriBeCa earlier this summer, foundation work was underway for a planned 58-story, 157-unit residential tower. Construction on the project is now three stories above street level, as seen in photos posted to the YIMBY Forums by user rbrome. The latest building permits indicate the tower, to rise 800 feet, will encompass 479,278 square feet. The ground floor will host 2,088 square feet of retail, followed by residential units starting on the fourth floor. The apartments, condominiums, should average 2,356 square feet apiece. They will be accompanied by 20,000 square feet of luxury amenities. Fisher Brothers, Witkoff, and New Valley are the developers. Kohn Pedersen Fox Associates is the design architect while Goldstein, Hill & West Architects is serving as the executive architect. MR Architecture + Décor and Rockwell Group are designing the interiors, and Edmund Hollander Landscape Architects is designing the area around the base. Completion is expected in 2018.
In November, the 28-story, mixed-use building under development at 215 Chrystie Street, on the Lower East Side, was at the 16th floor, and now Bowery Boogie reports the tower has topped out. The 245,264-square-foot structure stands 314 feet above the street level and will include hotel and residential portions. The building’s lower portion will sport a 370-key Public Hotel, with retail and restaurant space located on the ground floor. The upper portion will feature 11 condominium units, each averaging a spacious 3,035 square feet. Ian Schrager and Witkoff are the developers with Herzog & de Meuron as the design architect and Handel Architects is the architect of record. Completion is expected later this year.
The year 2015 marked the near-complete demolition of Times Square’s second oldest structure. The Columbia Amusement Co. Building, which opened at Times Square’s northeast corner on West 47th Street in January 1910. 701 7th Avenue was known by a variety of names during its century-long life span. Like the slightly older yet much more famous One Times Square at the opposite end of the square, the building engaged in the neighborhood’s classic disappearing act, where giant billboards seen by millions made their renovation-scarred hosts all but invisible. But behind the ads, standing on a 16,000-square-foot lot, was a building with a history as dramatic and diverse as that of the famous square on which it stood.
Over the summer, YIMBY brought you new renderings and details on the planned 88-unit luxury residential tower at 36 Central Park South, dubbed 1 Park Lane, which would replace the 46-story, 628-key Park Lane Hotel. The project was in the pre-development stages and advertised in the EB-5 program, but its developers, Witkoff and Macklowe Properties, are shelving plans for now, Bloomberg Business reports. Due to uncertainty in EB-5’s congressional reform, a slowdown in the Chinese economy, and an over-saturation in the ultra-luxury residential market, the Park Lane will remain as a hotel for the foreseeable future. Its operations and management are in the process of being repositioned, and Witkoff is in talks to refinance debt on the property.
This past summer, construction kicked off on the 28-story, 370-key mixed-use building planned at 215 Chrystie Street, on the Lower East Side. Now, the project has risen to 16 floors and is beginning to emerge on the skyline, Bowery Boogie reports. Glass installation is also well underway, with the exteriors of floors two through six nearly completed. The upper portion of the tower will give way to 11 condominiums. Ian Schrager and Witkoff are developing, while Herzog & de Meuron is the design architect. Completion is expected in 2016.