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Fifth Billionaires’ Row Supertall Remains on Hold at 41-47 West 57th Street in Midtown, Manhattan

Next up on our Turkey Week countdown of stalled projects in New York City is 41-47 West 57th Street, a proposed 1,100-foot mixed-use supertall skyscraper on Billionaires’ Row in Midtown, Manhattan. Designed by OMA and developed by Sedesco, the 63-story structure is slated to yield 119 condominium units with an average scope of 1,992 square feet, as well as a 158-room hotel spanning 205,100 square feet from floors two through 20, and a 10,212-square-foot restaurant. The property is situated an interior plot between Fifth and Sixth Avenues with frontage on both West 57th and West 58th Streets.

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Work Stalls on The Torch at 740 Eighth Avenue in Midtown, Manhattan

Kicking off our annual Turkey Week rundown of stalled projects in New York City is The Torch, a 1,067-foot mixed-use supertall skyscraper at 740 Eighth Avenue in Midtown, Manhattan. Designed by ODA with SLCE Architects as the architect of record and developed by Extell, the 52-story structure is planned to span 875,372 square feet and yield an 825-room hotel topped by a public outdoor observation deck with a drop ride attraction in the signature stemlike column. The property would also feature lower-level retail space, a restaurant on two of the upper floors, a VIP lounge, and a pool deck for hotel guests. The property is located along Eighth Avenue between West 45th and 46th Streets on the border of Times Square and Hell’s Kitchen.

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Rendering Revealed for 245 West 55th Street’s Expansion in Midtown, Manhattan

A new rendering has been revealed for 245 West 55th Street, an 18-story renovation and expansion in Midtown, Manhattan. Developed by New Jersey-based Mandelbaum & Mandelbaum under the 245 West 55th St LLC, the project involves the construction of six new stories above the roof parapet of the current 135-foot-tall mixed-use building, as well as the gut renovation of its 70,000 square feet of interiors and possible residential conversion of its commercial space. The site’s zoning also permits the structure’s renovation for boutique office use, though it is currently unclear which option the developer is pursuing. The property is located on an interior lot between Eighth Avenue and Broadway.

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The Elisa Wraps Up Construction at 251 West 14th Street in Chelsea, Manhattan

Work is wrapping up on The Elisa, an 11-story residential building at 251 West 14th Street in Chelsea, Manhattan. Designed by Isay Weinfeld Architects, the 33,550-square-foot structure will yield 25 condominium units in one- to three-bedroom layouts. The property is located on an interior lot between Seventh and Eighth Avenues near the border of the West Village and the Meatpacking District.

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Façade Installation Continues on 18 West 55th Street in Midtown, Manhattan

A Glass Fiber Reinforced Concrete (GFRC) panel façade installation by PG New York continues on 18 West 55th Street, a 26-story residential building in Midtown, Manhattan. Designed by Morris Adjmi Architects and developed and built by Skyline Developers, which purchased the property for $83 million in 2017 under the 18 West 55th Street LLC, the 289-foot-tall structure will span 152,084 square feet and yield 97 rental units with an average scope of 1,319 square feet, as well as 6,380 square feet of ground-floor commercial space and a 10,343-square-foot cellar level. The project is located on a formerly vacant interior lot between Fifth and Sixth Avenues, next to the Peninsula Hotel.

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