Architectural photographer Tectonic recently checked in on the progress at 430 East 58th Street, aka 3 Sutton Place, an 800-foot-tall residential skyscraper in Midtown East. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate with Stephen B. Jacobs Group as the executive architect, the 62-story project will contain 121 units.
Excavation has begun at 150 West 48th Street in Midtown, site of 974-room hotel designed by Gene Kaufman Architect. The 330-foot-tall, 34-story project is being developed by Sam Chang of McSam Hotel Group, who purchased the lot for $140 million from Rockefeller Group in early 2019 and secured a $250 million construction loan. Rooms will occupy a total of 300,216 square feet, for an average of 308 square feet apiece.
Glass paneling is steadily enclosing the tiered crown of Kohn Pedersen Fox’s One Vanderbilt as the supertall inches closer to completion. Developed by SL Green, the 77-story, 1,401-foot-tall commercial office tower is by far the largest construction project underway in Midtown East and is among the most prominent new additions to the New York skyline.
Construction is approaching the final floors at 249 East 50th Street, a 151-foot-tall residential building in Midtown East. The 15-story structure is designed by Issac and Stern and developed by Tun Kyaw, who purchased the land for $17 million.
Amazon has officially acquired the historic Lord & Taylor Building at 424 Fifth Avenue in Midtown, Manhattan. Although Amazon and WeWork, the building’s former owner, have not released any statements on the deal, the transaction is reportedly valued between $978 million and $1.15 billion.
