Exterior work is moving along on 115 East 55th Street, an 18-story residential building in Midtown East. Designed by SLCE Architects for Zeckendorf Development, the 185-foot-tall, 71,961-square-foot structure will yield 62 units. The property is located between Park and Lexington Avenues, directly adjacent to the rear of Norman Foster‘s 47-story, 660,000-square-foot 425 Park Avenue.
MAG Partners is teaming up with affordable housing cooperative Penn South to redevelop 335 Eighth Avenue in Chelsea, Manhattan. The new seven-story mixed-use building will include ground-floor commercial space and 200 residential units with affordable housing for low- and middle-income residents. COOKFOX is designing the 200,000-square-foot structure.
Construction is nearing completion on 101 West 14th Street, a 13-story residential building on the border of Chelsea and Greenwich Village. Designed by ODA New York and developed by Gemini Rosemont, the property sits at the corner of West 14th Street and Sixth Avenue and will yield 44 condominium units as well as 5,830 square feet of ground-floor retail space for two tenants. Sales have launched for the homes, which are being marketed by Nestseekers International’s Serhant Team and are expected to start at $1.35 million for one-bedroom units.
Last week TF Cornerstone and RXR Realty, development partners of the Grand Hyatt New York redevelopment in Midtown East, announced a cultural program at 175 Park Avenue with New York City-based non-profit Public Art Fund and Lord Cultural Resources. This will include public art installations, community events, and programming inside and around the Skidmore Owings & Merrill-designed skyscraper.
Our last update on 111 West 57th Street covered the removal of the exterior hoist on the northern elevation of the 1,428-foot Midtown supertall. Now, the construction crane is rapidly being disassembled from the southern face of the world’s most slender structure. Designed by SHoP Architects and developed by JDS Development, Property Markets Group, and Spruce Capital Partners, 111 West 57th Street features a height-to-width ratio of 24:1 and will yield 60 units designed by Studio Sofield and marketed by Douglas Elliman Development Marketing. The project is located on Billionaires’ Row between Sixth and Seventh Avenues, almost perfectly aligned with the center line of Central Park.
