Midtown

Developers Shelve Plans For Residential Tower At 36 Central Park South, Midtown

6:00 am on January 29, 2016 By Reid Wilson

Over the summer, YIMBY brought you new renderings and details on the planned 88-unit luxury residential tower at 36 Central Park South, dubbed 1 Park Lane, which would replace the 46-story, 628-key Park Lane Hotel. The project was in the pre-development stages and advertised in the EB-5 program, but its developers, Witkoff and Macklowe Properties, are shelving plans for now, Bloomberg Business reports. Due to uncertainty in EB-5’s congressional reform, a slowdown in the Chinese economy, and an over-saturation in the ultra-luxury residential market, the Park Lane will remain as a hotel for the foreseeable future. Its operations and management are in the process of being repositioned, and Witkoff is in talks to refinance debt on the property.

Request For Proposals Launched For Mixed-Use Development At 460 West 41st Street, Midtown West

11:00 am on January 28, 2016 By Reid Wilson

This past summer, news broke that the Covenant House was seeking to redevelop most of the block bound by Tenth and Dyker avenues and West 40th and 41st streets, in the Hudson Yards district, into a mixed-use development that would contain their new headquarters. Per Crain’s, the city’s Economic Development Corporation and the nonprofit jointly launched a Request for Proposals (RFP) for the project. The site could accommodate a roughly 780,000 square-foot project, but would have to include a new 150,000 square-foot facility for Covenant House. A second building could include roughly 700 residential units, retail space, and leasable community facility space. It’s proposed 40 percent of the units would rent at below-market rates, of which 75 to 100 units are to be set aside as supportive housing. Submissions are due March 11. The city must first take possession of vacant building at 450 West 41st Street.

Final Renderings for 220 Central Park South Show Slight Design Changes

8:00 am on January 28, 2016 By Nikolai Fedak

Back in May of 2015, YIMBY posted renderings from SLCE Architects featuring the Robert A.M. Stern Architects-designed 220 Central Park South. Since then, construction on the building has made major headway, with the structure now reaching past its tenth floor, and now we can post the building’s final look, thanks to an ad placed by developer Vornado in REBNY’s new booklet.

Previewing the Views from 172 Madison Avenue, Midtown East

7:30 am on January 28, 2016 By Evan Bindelglass

We last checked on the condominium development at 172 Madison Avenue, at the northwest corner of East 33^rd Street in Midtown East, only two weeks ago. Since then, the building has grown in height – from 28 stories to 29 – and more glass has been installed. And now we have a sneak peek at the views from the soon-to-be 33-story building.

Request For Proposals Issued For Penn Station Expansion & Renovation

4:00 pm on January 27, 2016 By Reid Wilson

Earlier this month, news broke that Gov. Andrew Cuomo was moving forward with plans to upgrade Pennsylvania Station, between West 31st and 33rd streets on Eighth Avenue in Midtown, and now the state has issued a Request For Proposals (RFR) for the project, dubbed the Empire Station Complex. According to Curbed NY, the document highlights plans to build a main entrance on Eight Avenue, which would entail demolishing the Theater at MSG. In addition, it would connect the station to the proposed new tracks of the Gateway Project, which includes new tunnels under the Hudson River and Amtrak’s expansion into Moynihan Train Hall (the Farley Post Office) and the connecting concourse, along with other upgrades. The renderings were created by Skidmore, Owings & Merrill, although the selected team could go ahead with a different firm. Proposals are due by April 22.

First Glimpse Of 34-Story, 80-Unit Residential Tower At 611 West 56th Street, Hell’s Kitchen

6:30 am on January 27, 2016 By Reid Wilson

In the summer of 2015, detail emerged of the planned 34-story, 80-unit condominium building planned at 611 West 56th Street (a.k.a. 823 Eleventh Avenue), in Hell’s Kitchen. Portuguese architect Álvaro Siza is designing the tower, and Wallpaper has the first glimpse of what it will look like. The building will measure over 172,000 square feet and stand 420 feet above street level. Its residential units will come in a variety of configurations, from one-bedrooms to penthouses, and amenities include a landscaped roof garden, a sun deck, swimming pool, spa and fitness center, and entertainment space, among other facilities. Sumaida + Khurana and LENY are the developers, Gabellini Sheppard is designing the interiors, and SLCE Architects is serving as the architect of record. Construction starts this summer, with completion anticipated in 2019. A six-story commercial building must first be demolished.

New Renderings, Details For Multi-Building, 223-Unit Residential Conversion Of Cabrini Medical Center, Gramercy

1:00 pm on January 26, 2016 By Reid Wilson

In early 2015, YIMBY revealed renderings of the multi-building, 223-unit residential conversion of the former Cabrini Medical Center, located in Gramercy on the block bound by Second and Third Avenues and East 19th and 20th Streets. Now, Curbed NY has the latest details and renderings of the project, dubbed Gramercy Square, which include slight modifications to the exterior and slightly different unit counts. At 215 East 19th Street, the main 16-story hospital building will get a new façade and will get 130 condominiums, down from 140. The building at 225 East 19th Street will be transformed into 48 residential units, down from 54. The new-construction building at 220 East 20th Street will have eight full-floor units, and the last property at 230 East 20th Street will be converted into 37 units. The entire development will have 12,000 square feet of amenity space. Chetrit Group, Clipper Equity, and Real Property Group are developing, and Woods Bagot is designing.

Local Politicians Spearhead Request by 26th Floor Resident Of The Sovereign for 250-Foot Height Limit in Vicinity

8:00 am on January 26, 2016 By Nikolai Fedak

On Friday, Crain’s reported on a rezoning proposal to downzone Sutton Place and institute a 260-foot height limit on new developments in the area. What wasn’t reported was the real cause behind this not-so-arbitrary figure: the leader of the East River Fifties Alliance, Alan Kersh, happens to live on the 26th floor of The Sovereign, which at 47 stories tall, is almost double the height limit its residents want to force on new buildings in the blocks to the south.

Four-Story, 35,000 Square-Foot Retail Project Planned At 257-263 West 34th Street, Midtown

6:00 am on January 26, 2016 By Reid Wilson

Cornell Realty Management is planning to build a four-story, 35,000 square-foot retail project at 257-263 West 34th Street, in the Garment District, according to Crain’s New York Business. According to The Real Deal, which reported on the assemblage last month, Chetrit Group and Cornell Realty acquired the three-story retail building at 261-263 West 34th Street together last March for an undisclosed amount. 259 West 34th Street was also recently acquired for $20.5 million. Chetrit and Cornell have since cut their partnership and, through a deal, have split their properties into separate ownerships. Cornell’s retail project will be clad in glass and construction is expected to begin sometime this year. A total of three small retail buildings must first be demolished.

Ziegfeld Theater To Be Converted Into An Event Venue At 141 West 54th Street, Midtown

6:00 am on January 22, 2016 By Reid Wilson

The Ziegfeld, a 1,300-seat, single-screen movie theater at 141 West 54th Street, between Sixth and Seventh avenues in Midtown, is expected to be transformed into an event venue, according to the New York Post. The converted building, to be renamed Ziegfeld Ballroom, will offer a column-free, 10,000 square-foot ballroom, meetings rooms on a mezzanine level, and “advanced electronic facilities.” The well-known movie theater will close within the next few weeks, at which time its tenant, Cablevision, will cut operations. The conversion is expected to be complete in 2017. Fisher Brothers is the building’s leaseholder.

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