Midtown



281 5th Avenue

51-Story Luxury Residential Tower at 281 Fifth Avenue to Break Ground by 2016

Lend Lease has purchased a stake at Victor Group’s planned residential development at 281 5th Avenue, in Midtown South, according to Crain’s Business. First brought to you by YIMBY last December, a 51-story, 140-unit mixed-use tower — to span 250,000 square feet and stand 750 feet — is planned for the 30th Street site. Although the size of Lend Lease’s stake is unknown, the project will total $400 million, and ground breaking is expected this year. Multiple existing low-rise structure must first be demolished, and the final design has not yet been revealed.



719 7th Avenue

SL Green Planning New Four-Story Retail Building at 719 7th Avenue Near Times Square

SL Green Realty has filed applications for a four-story, 6,020 square-foot commercial building — rising 57 feet tall — at 719 7th Avenue, in Midtown’s Theater District. The job description states the building will be solely for retail, and will feature signage above the roof. TPG Architecture is designing, and the existing three-story building was approved for demolition back in December.


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