It was just last week that the Bauhouse Group announced they had obtained demolition permits for their 900-foot-tall residential tower planned at 428-432 East 58th Street, near Sutton Place. The project won’t be complete until 2019, but we now have an exclusive preview of the views from the Norman Foster-designed tower.
Earlier this year, YIMBY reported on applications for a 29-story commercial building at 560 Seventh Avenue, between West 40th and 41st Streets near Times Square, and over the summer, the developer finished assembling the air rights. The Real Deal has the first glimpse of the planned Dream Hotel, which will include 167 units, per the latest filings. Retail space will total 15,463 square feet in the 118,508 square-foot building. Stonehill & Taylor Architects is designing and UAP North America is crafting a metal screen attachment for part of the three-story podium. Soho Properties, MHP Real Estate Services, and Hampshire Hotels Group are developing, and completion is expected in early 2018.
The Neo-Gothic high-rise at 212 Fifth Avenue has occupied a wedge-shaped plot just north of Madison Square Park since 1912. It once held furniture and garment manufacturers, who had their offices on the upper floors and massive showrooms on the lower ones. Now, Madison and Thor Equities are converting the 24-story building to condos, and they’re restoring the landmarked limestone facade and cornices in the process. YIMBY recently toured the property and got a close-up look at the restoration.
Back in January of 2014, YIMBY brought you a construction update on the 20-story, 75,000 square-foot office building planned at 34 East 51st Street, in Midtown, and later that month, we brought you a rendering. Today, the building is structurally complete and preparing for a January 2016 opening date, according to Crain’s. The boutique office property’s floors range from 2,700 to 5,000 square feet, and it also has club-like amenities, with the overall setup geared towards smaller office tenants. Istanbul-based developer Sedesco is behind the Skidmore, Owings & Merrill-designed project.
Back in 2013, Chetrit Group acquired the 37-story, 855,000 square-foot office building at 550 Madison Avenue, between East 55th and 56th Streets in Midtown, for $1.1 billion. Now the developer has released a partial rendering and details of the planned conversion of the building known as Sony Tower and previously the AT&T Building, per Curbed. Floors 21 through 43 will be converted into 113 condominiums and the lower portion of the building will contain a 170-key hotel, featuring 60 suites and a slew of amenities. Robert A.M. Stern Architects is designing, and completion is expected in early 2018. The Philip Johnson-designed tower originally opened in 1984.
