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172 Madison Avenue

Construction Wrapping on 33-Story, 69-Unit Mixed-Use Tower at 172 Madison Avenue, Midtown South

9:30 am on June 30, 2016 By Reid Wilson

The 33-story, 419-foot-tall mixed-use building under development at 172 Madison Avenue, on the northwest corner of East 33rd Street in Midtown South, has now topped out and exterior construction is wrapping up. The update comes thanks to photos posted to the YIMBY Forums by JC_Heights. The 132,425-square-foot tower will eventually host 69 condominiums, averaging 1,795 square feet apiece and coming in one- to three-bedroom configurations. There will also be a mansion on the third floor and the tower will be topped by a four full-floor penthouses and a Sky House triplex apartment. The ground floor will have 4,361 square feet of retail space. Amenities include a swimming pool with accessory saunas and lockers (there will also be two private pools), a fitness center, a yoga/ballet room, bike storage, a children’s playroom, an entertainment lounge, a dog washing station, and private residential storage units. Tessler Developments is behind the project, and Karl Fischer is responsible for the design. Occupancy is expected this fall.

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239 Tenth Avenue

11-Story, Six-Unit Mixed-Use Building Rises To Fourth Floor At 239 Tenth Avenue, West Chelsea

4:00 pm on June 29, 2016 By Reid Wilson

The 11-story, six-unit mixed-use building under development at 239 Tenth Avenue, located on the corner of West 24th Street in West Chelsea, is now four stories above street level. The progress report comes from Curbed, and the site has been decorated with murals by local artist Rivka Katvan. Dubbed The Getty, it will eventually encompass 54,662 square feet, featuring 13,437 square feet of commercial space across the cellar through second floors, followed by two duplex units spanning the third and fourth floors, a single apartment per floor on level five through nine, and a duplex penthouse on the 10th through 11th floors (also featuring a roof terrace). The units, averaging 4,674 square feet apiece, will be condominiums. Victor Group and SHVO, are the developers, and Peter Marino is the architect. Completion can be expected in 2017. Previously, on multiple occasions, YIMBY brought you renderings of the project.

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Waldorf Astoria

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.

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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.

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20 West 40th Street

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.

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