Midtown

Plans Being Finalized for Partial Condominium Conversion of Waldorf Astoria Hotel

6:30 am on June 28, 2016 By Reid Wilson

The Anbang Insurance Group Co. is planning to convert up to 1,100 hotel rooms of the 1,413-key Waldorf Astoria into an undisclosed number of condominiums. The 47-story, 625-foot-tall luxury hotel is at 301 Park Avenue, located on the block between East 49th and 50th streets in Midtown East. The hotel-to-residential conversion would retain between 300 to 500 hotel rooms, which will also see renovations of their own, according to the Wall Street Journal. The project is expected to cost $1 billion, and would close the Waldorf Astoria for up to three years. Hilton Worldwide Holdings Inc. will remain the hotel operator following the conversion. The Landmarks Preservation Commission will have to approve any exterior alterations. The hotel played host to the president of the United States for decades until China-based Angang acquired the property, an individual landmark, for $1.95 billion in 2015. During last year’s United Nations General Assembly, President Barack Obama stayed at the Lotte New York Palace Hotel.

222 East 40th Street. Photo at left by Tectonic via the YIMBY Forums. Rendering at right via Fisher Brothers.

Façade Installation Underway on 225 East 39th Street, 36-Story, 372-Unit Residential Tower, Murray Hill

6:00 am on June 28, 2016 By Reid Wilson

The 36-story, 372-unit residential tower being constructed at 225 East 39th Street, located on Tunnel Exit Street between East 39th and 40th streets in Murray Hill, has topped out since YIMBY’s last update in February, when the structure was 16 stories above street level. Curtain wall installation is now underway on the structure, as seen in photos posted to the YIMBY Forums by Tectonic. The building measures 373,248 square feet in its entirety, and its residential units, which will be rental apartments, should average 922 square feet apiece. Twenty percent of the units, or 75, will rent at below-market rates through the affordable housing lottery. Amenities include a fitness center, a children’s playroom, tenant lounges, a café, a library, a landscaped courtyard, and a recreational area on the 35th floor. Fisher Brothers is the developer, and Handel Architects is behind the architecture. Completion can probably be expected later this year.

33-Story Hotel-Residential Tower, The Bryant, Nearly Tops Out at 16 West 40th Street, Midtown

11:00 am on June 24, 2016 By Reid Wilson

Constructionof the 33-story, 402-foot-tall mixed-use building under construction at 16 West 40th Street, located along Bryant Park in Midtown, has reached the parapet. However, it has yet to be structurally topped if you count the bulkhead. The building’s façade and window elements are also currently being installed, as seen in a photo posted to the YIMBY Forums by ILNY. The 824,216-square-foot building, dubbed The Bryant, will host a 230-key hotel within the ground through 14th floors, and 57 condominium units on the 16th through 33nd floors. Amenities, some of which will serve both the hotel and the residences, include a fitness center, private residential storage units, conference rooms, and a terrace club on the sixth floor. There will also be a restaurant occupying the ground and cellar levels. HFZ Capital Group is the developer, while London-based David Chipperfield Architects is the design architect. Stonehill & Taylor Architects is serving as the architect of record. YIMBY’s last update on the project was in November, when the structure was six stories above street level. Completion is expected in early 2017.

Reveal for 24-Story, 62-Unit Mixed-Use Building Planned at 1050 Sixth Avenue, Midtown

6:00 am on June 24, 2016 By Reid Wilson

A rendering has been revealed of the planned 24-story, 62-unit mixed-use building under development at 1050 Sixth Avenue, located between West 39th and 40th streets, just below Bryant Park in Midtown. The reveal comes as Skyline Developers held a groundbreaking ceremony for the project earlier this week, as reported by Real Estate Weekly. The new building will encompass 62,886 square feet. It will feature 2,710 square feet of retail space on the ground floor, and its residential units, which will be rental apartments, should average 841 square feet apiece. Amenities include storage for 32 bikes, private residential storage, laundry facilities, a fitness center, and a tenant lounge. The building’s top unit will also include a private rooftop terrace, with a number of other units boasting balconies. SoHo-based Gene Kaufman is the architect of record. Completion is expected in late 2018. YIMBY first brought you news of the project when building applications were filed in December of 2014.

Foundation Work Underway for 35-Story, 67-Unit Mixed-Use Tower at 200 East 59th Street, Midtown East

10:00 am on June 22, 2016 By Reid Wilson

YIMBY can now bring you news that foundation work is underway at 200 East 59th Street, at the corner of Third Avenue on the northern edge of Midtown East, courtesy of photos posted to the YIMBY Forums by Vertical_Gotham. It’s the site of a 35-story, 67-unit mixed-use building being developed by Macklowe Properties, which YIMBY recently revealed a full rendering for last week. As reported earlier, the 490-foot-tall tower will measure 109,581 square feet, of which 14,861 square feet will be utilized for retail space on the cellar through second floors. The apartments above, which will be condominiums, should average 1,490 square feet apiece. Amenities include storage for 36 bikes, a lounge, a terrace on the third floor, and a fitness center. CetraRuddy is behind the architecture. Completion is expected in late 2017.

Proposal for 21 West 17th Street and 16 West 18th Street

Landmarks Approves New Buildings at 21 West 17th Street and 16 West 18th Street

7:30 am on June 22, 2016 By Evan Bindelglass

It will be out with the old and in with the new in a historic part of Chelsea. On Tuesday, the Landmarks Preservation Commission approved demolition of the existing structures at 21 West 17^th Street and 16 West 18^th Street and the construction of new residential buildings to replace them. The site is between Fifth and Sixth Avenues in the Ladies’ Mile Historic District.

Tales of the Tenderloin: Theaters, Nightlife, and the World’s Longest Painting Once Graced 1205-1227 Broadway, Site of Future Virgin Hotel

4:00 pm on June 17, 2016 By Vitali Ogorodnikov

Over the past 200 years, Broadway was the center stage for many that came to make their fortunes in the big city. Foundations for the world’s second Virgin Hotel, part of billionaire Sir Richard Branson’s Virgin Group, are underway at 1205, 1225, and 1227 Broadway, between West 29th and West 30th streets. The site’s relevance in the city’s history is rooted deeper than the new skyscraper’s supports. Before it housed the three 1920s office and retail buildings that graced the site until 2015, the block was home to a prominent theater row, a theater-museum built by John Banvard, once the world’s richest and most famous artist, and a number of other ventures worthy of remembrance and commemoration, undertaken by the gritty and relentlessly driven people that give New York its signature flair and energy.

Macklowe’s 200 East 59th Street Revealed, in Midtown East

8:00 am on June 17, 2016 By Nikolai Fedak

At the intersection of the Upper East Side and Midtown East, there has been a surge of new development, starting with the newly-iconic 432 Park Avenue, by Macklowe Properties. And now we have the first full rendering of the same developer’s plans for 200 East 59th Street, designed by CetraRuddy, thanks to the YIMBY Forums, where EB-5 materials for the project have surfaced. YIMBY previously revealed the first renderings of the building back in November, but this image is the first to show the whole tower, which will feature wraparound terraces on every floor.

401-413 West 18th Street, image via Google Maps

NYCHA Plans an 18-Story Building at 413 West 18th Street in Chelsea

7:00 am on June 17, 2016 By Rebecca Baird-Remba

As New York City’s Housing Authority tries to dig itself out of a $60 million budget deficit, the agency has filed plans for an 18-story residential building on the parking lot of one of its old projects, the mid-1960s Fulton Houses in Chelsea.

Renovation Planned at Tower 45, the 40-Story Office Tower at 120 West 45th Street, Midtown

4:00 pm on June 16, 2016 By Reid Wilson

Kamber Management Company is planning a $20 million renovation of Tower 45, the 40-story, 458,446-square-foot building at 120 West 45th Street, in Midtown. The office tower will see upgrades to its 175-foot-tall outdoor atrium, the lobby, and hallways and bathroom facilities throughout, plus mechanical equipment such as elevators. The 15th, 20th, 21st, and 24th floors, which are vacant, are also being renovated, according to Commercial Observer. Kohn Pedersen Fox and Milo Kleinberg Design Associates are behind the design of the renovations. Construction is expected to get fully underway later this year, with completion scheduled for summer 2017. Tower 45, completed in 1989, was acquired by Kamber in 2015 for $365 million. Amenities include a parking garage.

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Midtown

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