George Comfort & Sons, on behalf of 575 Lexington Avenue owners, has secured a 300,000-square-foot lease with Weill Cornell Medicine in Midtown East as part of a 30-year agreement.
The Soloviev Group has announced the inclusion of 513 affordable housing units within the proposed Freedom Plaza in Manhattan, significantly contributing to the city’s inclusionary housing efforts. Located from 38th to 41st Streets east of First Avenue and covering over six acres in Midtown East, the ambitious mixed-use development was already slated to feature 4.77 acres of green space, a museum, shopping and restaurants, and a hotel. Now with the inclusion of the affordable units, it also stands to be one of Manhattan’s largest inclusionary housing initiatives in more than a decade.
New renderings have been revealed for 125 West 57th Street, a 26-story commercial building rising along Billionaires’ Row in Midtown, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Cain International, the 440-foot-tall structure will span 260,000 square feet and yield 185,000 square feet of Class A office space, 7,000 square feet of retail space, and an updated home for the Calvary Baptist Church, which has operated on the site since 1883 and sold the land to the developers in 2017 for $150 million. Leading Builders Group is the general contractor for the property, which is located on an interior lot between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects‘ 111 West 57th Street.
Exterior work and façade installation is nearing completion at One High Line, a pair of twisting structures at 500 West 18th Street in Chelsea, Manhattan. Designed by Bjarke Ingels Group and developed by Witkoff Group and Access Industries, the 36- and 26-story structures will yield 900,000 square feet with 236 condominium units ranging from one- to five-bedroom layouts, a hotel component operated by Faena Hotel, ground-floor retail space, and a new landscaped public plaza. Suffolk Construction is the general contractor, Enzo Enea is the landscape architect, and Corcoran Sunshine Marketing Group is handling sales and marketing for the property, which is alternately addressed as 76 Eleventh Avenue and stands adjacent to the High Line on a trapezoidal plot bound by West 18th Street to the north, West 17th Street to the south, Tenth Avenue to the east, and West Street to the west.
Construction continues on The Elisa, an 11-story residential building at 251 West 14th Street in Chelsea. Designed by Isay Weinfeld Architects, the topped out structure will yield 25 condominium units in one- to three-bedroom layouts with sales and marketing by Bianca D’Alessio, Christian Haag, and Mia Calabrese of Nest Seekers and SERHANT, with prices ranging from $1.45 million to $5 million. The largest reported unit is going to be a four-bedroom penthouse. Pizzarotti is the general contractor for the property, which is located on an interior lot between Seventh and Eighth Avenues, and sits by the neighborhoods of the West Village and the Meatpacking District.
