Midtown

Permits Filed for 38 Gramercy Park East in Gramercy Park, Manhattan

Permits have been filed for an 11-story residential building at 38 Gramercy Park East in Gramercy Park, Manhattan. Located at the intersection of East 21st Street and Gramercy Park East, the corner lot is near the 23rd Street subway station, serviced by the 6 train. Legion Investment Group is listed as the owner behind the applications and is also responsible for the recent filing of 152 East 21st Street.

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Exterior of 511 Fifth Avenue, courtesy of Aurora Capital/Wharton Properties

Developers Complete Renovation of 511 Fifth Avenue in Midtown, Manhattan

Aurora Capital and Jeff Sutton’s Wharton Properties have completed the renovation of 511 Fifth Avenue, a historic 18-story Beaux Arts building located steps from Grand Central Terminal in the heart of Midtown, Manhattan. This extensive redevelopment aims to align the property with modern office space standards while preserving its historic essence. Ownership has enlisted JLL as the exclusive leasing agent for the property, which is located at the southeast corner of Fifth Avenue and East 43rd Street.

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126 East 57th Street Reaches Street Level In Midtown, Manhattan 

Construction has reached street level at 126 East 57th Street, the site of a 28-story residential building on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture , who is also in charge of the interior design, and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall structure will yield 147 condominium units spread across 170,000 square feet, as well as 5,000 square feet of lower-level retail space. WSP USA is the engineer and Plaza Buildings is the general contractor for the project, which is being constructed on an L-shaped parcel at the corner of East 56th Street and Lexington Avenue. A narrow panhandle section of the building’s footprint will extend north to East 57th Street.

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