Midtown

21-Story, 71-Unit Project At 145 Madison Avenue To Include Affordable Units, Midtown South

6:00 am on December 30, 2015 By Reid Wilson

Back in May, YIMBY reported on applications for a 21-story, 71-unit mixed-use building at 145 Madison Avenue, between East 31st and 32nd Streets in Midtown South. According to DNAinfo, Kahen Properties will rent 21 of the residential units at below-market rates, which would satisfy the inclusionary housing bonus and increase the project’s allowable FAR. The latest filings call for a 59,085 square-foot structure, which includes 2,779 square feet of retail on the ground floor and residential units averaging 793 square feet each. The Stephen B. Jacobs Group is the architect of record. Permits have been approved to demolish the existing six-story commercial building.

Times Square Toys “R” Us, Once World’s Largest Toy Store, To Close December 30

1:15 pm on December 28, 2015 By Vitali Ogorodnikov

2015 will go down in New York’s storied retail history as the year when the city lost two of its flagship toy stores. At 6:00 p.m. on December 30, Toys “R” Us will shut down its Times Square store at West 44th Street and Broadway. The retail giant decided not to renew the lease due to ever-rising rents in the pedestrian-heavy neighborhood. Earlier in July, the company closed the famous FAO Schwarz store on at 767 Fifth Avenue, which had served the city since 1986.

Construction at 242 West 53rd Street, as seen from 52nd Street. Photo by Tectonic.

Construction Update: Roseland Ballroom Redevelopment At 242 West 53rd Street

7:30 am on December 22, 2015 By Evan Bindelglass

Lady Gaga closed out Roseland Ballroom back in April and now work is well underway on its replacement, as seen in photos from Tectonic. The replacement, as reported previously, is a 62-story, 675-foot-tall residential building designed by CetraRuddy and developed by Algin Management.

Developers Plan 60-Story Hotel-Condo Tower At 1710 Broadway, Midtown

11:00 am on December 18, 2015 By Reid Wilson

In late 2014, YIMBY brought you conceptual renderings of the possible mixed-use tower that could rise at 1710 Broadway, between West 54th and 55th Street in Midtown, and now Extell Development is teaming up with C&K Properties to build a 60-story condo-hotel tower. Extell paid roughly $247 million for a 39 percent stake in the project, according to The Real Deal. Retail space will likely be included in the planned tower, which could be as large as 370,000 square feet, although additional air rights may be used which would increase the project’s size. A six-story, 83,000 square-foot office building must first be demolished.

Historic, existing, and proposed facades at 1145 Broadway.

Commercial Building At 1145 Broadway To Receive Restoration, Expansion

7:30 am on December 18, 2015 By Evan Bindelglass

A five-story commercial building not far from Madison Square Park will receive a much-needed restoration and full rear expansion. The Landmarks Preservation Commission approved the proposal for 1145 Broadway on Tuesday.

The Ford Foundation Building. Photo by Addison Godel/Flickr.

12-Story Ford Foundation Building At 320 East 43rd Street To Get Renovations, Midtown East

10:00 am on December 17, 2015 By Reid Wilson

The Ford Foundation Building, located at 320 East 43rd Street, in Midtown East, will be getting a $190 million renovation, according to the New York Times. The 12-story, 287,500 square-foot office building, a city individual and interior landmark, was designed by Kevin Roche John Dinkello and Associates (KRJDA) and completed in 1968. It does not meet current-day building codes and the city is requiring its owners to install updates before 2019. In addition, the building’s office floors and suites will be modernized, and an art gallery, visitors’ center, and a 10th floor assembly space will be added. Gensler is designing the two-year renovation, and Raymond Jungles will be incorporating new indoor landscaping. The property is known for its unique 174-foot-high atrium and elaborate garden terraces.

St. Patrick’s Cathedral To Get New Secure Entry For Cardinal Dolan

8:00 am on December 16, 2015 By Evan Bindelglass

The Archdiocese of New York, in consultation with the NYPD’s Counterterrorism Bureau, has determined that there is the need to provide additional security for Cardinal Timothy Dolan. To accomplish that, they want to build a private garage for the archbishop. That means cutting into St. Patrick’s Cathedral and the Landmarks Preservation Commission approved the proposal on Tuesday.

View from the 32nd floor of Halcyon at 305 East 51st Street. All photographs by Evan Bindelglass unless otherwise noted.

Checking Out the Views And Lobby at Halcyon, 305 East 51st Street

8:00 am on December 14, 2015 By Evan Bindelglass

People are already living at Halcyon, HFZ Capital Group’s 123-unit development at 305 East 51st Street in Midtown East, but construction is still incomplete. The retail space along Second Avenue is still being built, as are the 32nd and 33rd floor duplex penthouse units. The lobby, however, was recently completed and YIMBY got a look at it, a fourth floor model unit, and the views from one of the penthouses.

Investors Assemble Development Site At 989-993 Sixth Avenue, Midtown

4:00 pm on December 9, 2015 By Reid Wilson

Isaac Chetrit and Ray Yadidi are in contract to acquire 235,000 square feet of air rights from the five-story former bank building at 1352-1362 Broadway, between West 36th and 37th Streets in Midtown. The price the investors are paying has not yet been disclosed. On the same block, they own the vacant lot – acquired this past fall – at 993 Sixth Avenue and the adjacent 21-story, 96,000 square-foot office building at 989-991 Sixth Avenue. Their assemblage amounts to a site with roughly 375,000 square feet of development rights, according to The Real Deal.

View from 428-432 East 58th Street, 900 feet up. Via Bauhouse Group.

Check Out Views From Bauhouse’s 900-Foot Sutton Place Tower At 428 East 58th Street

8:00 am on December 8, 2015 By Evan Bindelglass

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 58^th 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.

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Midtown

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