Midtown

Two-Story, Multi-Use Commercial Project Coming to 162-31 Depot Road, Murray Hill, Queens

11:00 am on April 13, 2016 By Reid Wilson

Property owner Junghyun Park has filed applications for a two-story, 5,077-square-foot, multi-use commercial project at 162-31 Depot Road, in Queens’s Murray Hill, located right across from the Broadway station on the Long Island Rail Road. The new building will contain 1,720 square feet of retail space on the ground and cellar levels, in addition to 1,692 square feet of medical offices on a first-floor mezzanine level and the second floor. Duk Gyoo Lee’s Flushing-based TL Engineering is the applicant of record. The 24-foot-wide, 1,816-square-foot site is has long sat vacant.

62-Story, 844-Unit Residential Building Three Manhattan West Tops Out in Midtown West

6:30 am on April 12, 2016 By Reid Wilson

In July of 2015, the 62-story, 844-unit residential building under development at 401 West 31st Street, in Midtown West, was a single floor above the street level. Now, the 807,384-square-foot building, dubbed Three Manhattan West, has topped out, Curbed NY reports. The 702-foot-tall structure will host 7,931 square feet of retail on the ground floor, followed by amenities on the second and third floors, and residential units on the fourth through 62nd floor. The rental apartments should average 877 square feet apiece, with 169 of them renting at below-market rates through the housing lottery. Brookfield Properties is the developer with Skidmore, Owings & Merrill behind the design and SLCE Architects serving as the architect of record. Completion is expected in fall 2017, though occupancy is expected earlier.

Construction Nearly Complete on 10-Story, 35-Unit Condo Complex at 505 West 19th Street, West Chelsea

10:00 am on April 11, 2016 By Reid Wilson

Back in September of 2015, YIMBY revealed renderings of one of the duplex penthouses at the two-building, 35-unit residential complex at 505 West 19th Street, in West Chelsea. The 10-story structures are now just about complete, as seen in photos in a Curbed NY report. The structures are conjoined by a single-story connector that spans below the elevated High Line. The eastern building hosts 25 condominiums and two penthouses, while the other building contains eight full-floor condos and a penthouse. The units will come in one- to five-bedroom configurations, and amenities include a fitness center, a street-level parking garage, and bike storage space. HFZ Capital Group is the developer, Thomas Juul-Hansen is the design architect, and Goldstein, Hill & West Architects is the architect of record. Occupancy is currently underway.

425 Park Avenue, Pioneer of Modernism, Loses Half Its Height to Make Way for 893-Foot-Tall 21st Century Beacon

4:30 pm on April 8, 2016 By Vitali Ogorodnikov

Park Avenue is about to get its first new office tower in decades as the 1957 office tower at 425 Park Avenue (catty corner to Rafael Viñoly’s 1,396-foot-tall 432 Park Avenue), once the pinnacle of modernity, is being reinvented for the 21st century via a partial demolition and a dramatic, 893-foot-tall restructuring by developer L&L Holdings and architects at Foster + Partners.

211 West 29th Street, image via Google Maps

Permits Filed: 211 West 29th Street, Chelsea

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

Another parking lot in Chelsea is set to be redeveloped. Yesterday, we caught applications for a 19-story, mixed-use building at 211 West 29th Street, between Seventh and Eighth avenues.

Allied Partners Potentially Reviving Mixed-Use Development Plans at 50 West 40th Street, Midtown

10:00 am on April 6, 2016 By Reid Wilson

Back in August of 2012, CUNY’s Stella and Charles Guttman Community College welcomed its inaugural class at the seven-story, 91,335-square-foot building at 50 West 40th Street – the annex portion of the 23-story American Radiator Building, an individual landmark, at 40 West 4t0th Street – in Midtown. Now, the school is planning to move to a larger four-story, CUNY-owned building at 445 West 59th Street once its lease expires in 2020. According to The Real Deal, Allied Partners, the owner of 50 West 40th Street, will demolish the annex building for, presumably, a new development. In 2010, a 300,000-square-foot mixed-use building, reportedly designed by Norman Foster’s Foster + Partners, was proposed at the site. At the time, the development assemblage included the properties at 54 West 40th Street and 43 West 39th Street. It’s not known if the same footprint will be utilized this time around.

32-Story, 300-Key Hotel and Retail Complex Filed at 255 West 34th Street, Garment District

6:00 am on April 6, 2016 By Reid Wilson

In December of 2014, YIMBY revealed Cornell Realty Management’s plans for a 17-story, 180-key hotel at 245-247 West 34th Street, in Midtown’s Garment District. Those plans have since been discarded, as Cornell and Chetrit Group have divided up their 34th Street assemblage into two separate ownerships. Earlier this year, Cornell announced plans to build a four-story retail complex at 257-263 West 34th Street, and now Chetrit has filed applications for a 32-story, 300-key hotel building at 243-255 West 34th Street. The new building will encompass 155,594 square feet, of which 122,426 square feet will be used as commercial space.

61-Unit Condominium Project Could Be Coming To 517 West 29th Street, West Chelsea

6:30 am on April 1, 2016 By Reid Wilson

Back in October of 2015, Six Sigma was in contract to buy the six-story, 55,000-square-foot commercial building at 517-523 West 29th Street, in West Chelsea, for $54 million. The developer has since closed on the purchase and has now filed exploratory applications with the Attorney General’s office to gauge the demand for a potential condominium project, The Real Deal reports. Although details are sparse, the project would include 61 condominium units and ground-floor retail space. It’s not clear if the existing building would be demolished for a new one, although the site can accommodate up to 74,000 square feet of development potential (which means it currently has 19,000 square feet of air rights). Nothing has been filed yet with the Department of Buildings.

36-Story Midtown Office Tower At 65 East 55th Street Getting Major Renovations

4:00 pm on March 31, 2016 By Reid Wilson

The 36-story, 615,850-square-foot office building at 65 East 55th Street, in Midtown, is currently receiving a $25 million renovation now that a majority of the tower is in between commercial leases. Construction on the first phase of renovations began earlier this year and includes a redesigned 41-foot-tall lobby and upgraded elevators, according to Commercial Observer. Once tenants vacate additional areas of the building this summer, work will begin on 20,000 square feet of amenities. Dubbed The Club, it will feature a fitness center, a recreational lounge, a bistro, and a conference center. A new outdoor plaza, with seating, vegetation, a sculpture, and a restaurant/bar, is also being constructed. Once completed, hundreds of thousands of square feet of office space will hit the market. Landlord Equity Office, a branch of Blackstone Group, acquired the 1985-built building in 2014 for $750 million.

142 West 19th Street, rendering via Urban Standard Development

First Look at 142 West 19th Street, Chelsea Condos

7:30 am on March 31, 2016 By Rebecca Baird-Remba

A four-story row house on West 19th Street between Sixth and Seventh avenues will meet the wrecking ball for condos, and we have a glimpse of the new building that will replace it.

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