Midtown

Developer Acquires Mixed-Use Development Site at 317-319 West 35th Street, Garment District

1:00 pm on May 19, 2016 By Reid Wilson

Great Neck-based Mayflower Business Group has acquired the two five-story tenement buildings at 317-319 West 35th Street, in the Garment District section of Midtown, for $28 million. The new owner is planning to demolish the existing buildings and construct a new building, according to The Real Deal. The 4,937-square-foot site could accommodate 49,370 square feet of development rights, although Mayflower has the option to purchase an additional 10,000 square feet of air rights from the city. A residential building, a hotel, an office building, or a mixed-use project could be built at the site. Demolition permits were filed in March. Combined, the buildings contain 24 rental apartments and four commercial-retail units.

Rendering of 242 West 53rd Street. Via CetraRuddy.

Foundation Work Complete for 62-Story, 426-Unit Mixed-Use Tower at 242 West 53rd Street, Midtown

6:00 am on May 19, 2016 By Reid Wilson

YIMBY last brought you a construction update in December, when foundation work was underway, on the 62-story, 426-unit mixed-use tower planned at 242 West 53rd Street (a.k.a. 239 West 52nd Street), in Midtown between Eighth Avenue and Broadway. Since then, foundation work has largely wrapped up, as seen in photos by Vertical Gotham via the YIMBY Forums, which means construction can now proceed skyward. Residential units in the 542,276-square-foot, 675-foot-tall tower should average 1,024 square feet apiece. There will also be 16,514 square feet of ground floor retail space. Amenities will include a 90-car parking garage, storage space for 247 bikes, a fitness center, a swimming pool, a basketball court, a golf simulator, and a private entertainment area. There will also be outdoor terraces on the second, third, and 61st floors. Algin Management is the developer, while CetraRuddy is behind the design of the exteriors and interiors.

Six-Story, 56-Unit Mixed-Use Rental Building to Get Renovations, 51 Irving Place, Gramercy

1:00 pm on May 17, 2016 By Reid Wilson

Springhouse Partners has acquired, for $55 million, the six-story, 56-unit mixed-use building at 51 Irving Place, located on the corner of East 17th Street in Gramercy. The 42,502-square-foot property contains about 10,000 square feet of commercial space, which is currently split between five retail units and a single office unit. The residential units above are rental apartments, most of which are market-rate. The new owners plan to conduct renovations, according to The Real Deal. Work will include upgrades to the façade and interiors, and the addition of residential amenities. The apartments will remain as rentals. The property could also accommodate a small expansion, as it contains 5,000 square feet of air rights, although such plans to build an expansion are not known. Springhouse Partners recently secured a $37 million mortgage to finance the acquisition.

Soori High Line facade. All renderings by SCDA Architects

Tour the Under Construction Soori High Line in Chelsea

8:00 am on May 13, 2016 By Rebecca Baird-Remba

Architect and developer Soo K. Chan says he borrowed design inspiration for his new condo project in Chelsea from the colonial houses of his childhood, in the cosmopolitan island city of George Town, Malaysia. He drew on the architecture of the city’s clan houses, long multi-family homes built around a central, open air courtyard.

Plans for ‘Gulliver’s Gate’ Tourist Attraction Move Forward at 216 West 44th Street, Times Square

6:30 am on May 13, 2016 By Reid Wilson

Late last year, news broke that E&M Associates and Eiran Gazit were planning to build a 49,000-square-foot Times Square tourist attraction in part of the 12-story former New York Times Building, an individual landmark at 229 West 43rd Street and 216 West 44th Street (the north building is not landmarked), in Midtown. Now, the team has filed plans with the Department of Buildings for the project, dubbed Gulliver’s Gate, The Real Deal reports. The ground floor portion will include the reception and ticketing areas, as well as a gift shop, while the second will host the main exhibit. The project is expected to begin the city’s Uniform Land Use Review Procedure (ULURP) shortly. It also requites exterior alterations to the 43rd Street side, which will need to be approved by the Landmarks Preservation Commission. Last November, the team signed a 15-year lease for part of the ground floor and the entire second floor of the building. Kushner Companies acquired the retail portion of the property, which also contains office space, in early 2015 for $296 million. If all goes as planned, completion can be expected in 2017. Stanley Wong’s SP WONG Architect is the architect of record.

The former Citicorp Center (aka Citigroup Center) at 601 Lexington Avenue as seen in December 2015. Photo by Evan Bindelglass.

Landmarks Calendars Seven Midtown East Buildings for Designation

8:00 am on May 11, 2016 By Evan Bindelglass

New York City is full of amazing stories of transformation. Many neighborhoods are dramatically different from the way they were 100 years ago. That’s certainly true of Midtown East, the area around Grand Central Terminal, and it is on the cusp of a new era of transformation. Various city agencies are managing that transformation, which included a rezoning plan abandoned in 2013. It also includes preservation. That’s where the Landmarks Preservation Commission comes into play.

Reveal for Two-Building, 290,000-Square-Foot Residential Complex at 215 West 28th Street, Chelsea

10:00 am on May 9, 2016 By Reid Wilson

In November 2013, YIMBY revealed renderings for the ME Architect-designed 21-story residential building at 215 West 28th Street, in Chelsea. Then in January 2015, we revealed renderings of an alternate design by Karim Rashid. Now, HAP Investments is moving forward with a two-building development designed by DXA Architects, which was first revealed by Curbed NY. The entire complex will measure 290,000 square feet, although filings have only been submitted for the building at 215-219 West 28th Street (and it will also cantilever over the existing tenement buildings at 213 and 221 West 28th Street). Filings detail a 183,293-square-foot building with 112 residential units and 8,202 square feet of ground-floor retail space. The other building, to rise at 223-227 West 28th Street, is not filed yet, but should measure around 100,000 square feet.

75 Rockefeller Plaza, current and proposed

Landmarks Says No to Expansion of Two Levels at 75 Rockefeller Plaza, Midtown

7:30 am on May 6, 2016 By Evan Bindelglass

A building most people think is part of Rockefeller Center will not be growing in the middle just yet. On Tuesday, the Landmarks Preservation Commission did not approve an application to expand two floors of individual landmark 75 Rockefeller Plaza.

55 West 17th Street, May 4, 2016. All photos by the author unless noted.

Morris Adjmi Talks 55 West 17th Street as Chelsea Building’s Façade is Unveiled

8:00 am on May 5, 2016 By Evan Bindelglass

It was over two years ago that we first saw a rendering of the mixed-use building under construction at 55 West 17^th Street, between Fifth and Sixth avenues in Chelsea. Much has been done since then, and now the bulk of building’s façade is visible. YIMBY got to step inside the project, designed by Morris Adjmi, on Wednesday.

Developer Moves Forward with Mixed-Use Development Assemblage at 41-43 West 47th Street, Midtown

1:00 pm on May 4, 2016 By Reid Wilson

Developer Boris Aronov has received the green light to demolish the five-story, seven-unit mixed-use building at 41 West 47th Street and the seven-story commercial building at 43 West 47th Street, in Midtown. No new building applications have been filed with the Department of Buildings, nor has the developer disclosed their plans for the site, DNAinfo reports. As is, the two-property development assemblage could accommodate up to 60,240 square feet of mixed-use development. A future development could include up to 50,200 square feet of residential space with a commercial component, or could take the form of a hotel or office building. Before the structures can be demolished, multiple commercial-retail tenants, in addition to possibly multiple residential tenants, must vacant the properties.

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