Midtown


514 Eleventh Avenue

Silverstein Properties Considers Two-Towered Mixed-Use Project at 514 Eleventh Avenue, Midtown West

Silverstein Properties is now considering developing a two-towered mixed-use project 514 Eleventh Avenue, located on the block between West 40th and 41st streets in Midtown West. The latest plans, which the developer has not committed to at this time, would include a 600,000-square-foot residential condominium tower, followed by a separate one-million-square-foot commercial tower. These plans are consistent with current zoning laws and would not require a rezoning, Crain’s reported. CetraRuddy would be responsible for the design.

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24-30 West 39th Street

27-Story, 299-Key Hotel Building Filed at 30 West 39th Street, Midtown South

Fortuna Realty Group has filed applications for a 27-story, 299-key hotel at 30 West 39th Street, in Midtown South. The project will encompass 133,523 square feet and rise 323 feet to its roof. A restaurant and an outdoor bar will be located on the ground and second floors, followed by hotel rooms across the fourth through 26th floors. Nobutaka Ashihara’s Financial District-based firm is the architect of record. The 8,662-square-foot assemblage, at 24-30 West 39th Street, is occupied by four four-story commercial buildings. Demolition permits were filed last year.

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685 First Avenue, rendering by bloomimages

42-Story, 556-Unit Mixed-Use Tower Climbs to Fifth Floor at 685 First Avenue, Murray Hill

Construction is now five stories above street level on the 42-story, 556-unit mixed-use tower under development at 685 First Avenue, located between East 39th and 40th streets in Murray Hill. Progress on the structure can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the project will encompass 813,813 square feet and rise 460 feet in height.

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