Permits have been filed for a 12-story mixed-use building at 118 West 28th Street in Chelsea, Manhattan. Located between 6th Avenue and 7th Avenue, the lot is steps away from the 28th Street subway station, serviced by the 1 train. Derrick Fox under Lee Yuen Fung Trading Co. is listed as the owner behind the applications.
The Turkevi Center has topped out at 821 First Avenue in the Midtown East neighborhood of Turtle Bay. Work on the curving, sloped crown of the 563-foot-tall consulate for the Republic of Turkey is currently underway. Perkins Eastman is the designer of the 35-story mixed-use skyscraper, which will yield about 102,000 square feet of commercial space on the first 15 floors and house 20 apartments for residents and staff starting on the 20th floor.
One Vanderbilt has reached a significant milestone in Midtown East. Construction has begun on the setbacks that will form the signature crown and hold the architectural spire for the supertall office building. White steel beams that make up the sloped top of the setback are visible on the western elevation, while the core walls are also rising and can be seen from a distance. Kohn Pedersen Fox is the architect and SL Green is the developer of the future 58-story tower, which will stand 1,401 feet when finished and yield nearly 1.75 million square feet of commercial space.
Excavation work is beginning at 249 East 50th Street in Midtown East for a ground-up, 151-foot-tall residential project standing 15 stories high. The site is located between Second Avenue and Third Avenue, and was once home to three townhouses and a ground-floor French restaurant called Lutèce. In 2016 YIMBY last reported that China-based developer Tun Kyaw is behind the property and previously purchased the land for $17 million. Isaac Stern will be the designer of the new structure.
Black shrouds and scaffolding have gone up over 1568 Broadway’s lower floors as crews begin the process of removing its Times Square-facing billboards and marquees. Meanwhile, workers are beginning to gut the interiors of the 470-foot-tall tower ahead of its imminent demolition. Built in 1990, the current DoubleTree hotel will eventually make way for a new 46-story DoubleTree Suites by Hilton. The proposed 550,000-square-foot development, which will be called TSX Broadway, will preserve of the 106-year-old Palace Theatre by raising it three stories up from the ground floor, making way for retail space. The $2.5 billion project is being developed by L&L Holding Company, Maefield Development, and Fortress Investment Group. The site was previously purchased for $450 million.
