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Rendering of 426-432 East 58th Street by Foster + Partners.

Demolition Permits Obtained For Bauhouse’s 900-Foot Tower At 428-432 East 58th Street, Sutton Place

The Bauhouse Group’s planned 900-foot-tall residential development near the East Side’s Sutton Place has been in the works for months and now tangible progress is about to happen. The developer has obtained demolition permits for the assemblage at 428-432 East 58th Street, it announced Monday. 426 East 58th Street will remain, though air rights were purchased from it. In addition to the demolition permit announcement, a new rendering of the tower has been made public, and can be seen above. The tower, which evokes both the Rafael Viñoly-designed 432 Park Avenue and the Herzog & de Meuron-designed 56 Leonard Street, has been designed by London-based architect Norman Foster of Foster + Partners.

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351 West 38th Street

26-Story, 500-Key Hotel Revealed At 351 West 38th Street, Garment District

Towards the end of last summer, YIMBY reported on applications for a 21-story, 400-key hotel at 338 West 39th Street, in the Garment District. That building will be developed by Sam Chang’s McSam Hotel Group on the 39th Street side of the block-thru site, and Quadrum Global is planning to develop a separate hotel on the site’s southern half, fronting 38th Street. According to The Real Deal, Quadrum Global plans a 26-story, 500-key hotel, which Marvel Architects is designing. Each hotel is expected to measure roughly 125,000 square feet, and the existing commercial building will be demolished next year move out next year.

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520 5th avenue

Ceruzzi Hopes To Begin Construction At 520 Fifth Avenue Next Spring

Developer Louis Ceruzzi has already begun demolition work at his property at 520 Fifth Avenue. We now know that construction will begin before New Years on the 71-story Handel Architects-designed tower, courtesy of an interview Ceruzzi gave to the Commercial Observer. In the interview, he also gave an update on his development at 147 East 86th Street. He said there is much work to be done relating to the Second Avenue Subway project, but real work should start in March.

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