Midtown


124 East 14th Street

City Seeking Proposals For Mixed-Use Development Site At 124 East 14th Street, Union Square

The city’s Economic Development Corporation has requested proposals to develop the property at 124 East 14th Street, between 3rd and 4th Avenues in Union Square, according to Crain’s. Currently, a two-story commercial building housing a P.C. Richard & Son appliance store occupies the property. The site, however, boasts the potential for 140,000 square feet of residential development or 93,000 square feet of commercial development rights. The city is aiming to have an office building constructed, but the project could end up being residential or mixed-use. Existing retail leases in the building expire in February of next year, the same time proposals are due.

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Preservationists Battle Bergdorf Goodman Over Future Of Midtown Headquarters

The future of the Bergdorf Goodman department store was one of the subjects of a contentious public hearing at the Landmarks Preservation Commission on Thursday. The commission is in the process of dealing with its 95-item backlog and began held the first day of public hearings for properties in Manhattan (the second and final hearing is November 12). Not surprisingly, the battle pitted preservationists against the building’s owner.

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551 West 21st Street

Construction Wraps Up On 551 West 21st Street, West Chelsea

YIMBY last checked in earlier this year on the 19-story, 44-unit residential building at 551 West 21st Street, in West Chelsea, when glass and white masonry were being installed, and now the building is wrapping up construction, with only the Juliet balconies to be fastened on, courtesy of Tectonic. Most of the exterior details have been completed, and interior work is likely in full swing. SR Capital is developing, Foster + Partners is the design architect, and Beyer Blinder Belle is the architect of record. Completion and move-ins are expected early next year.

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