Midtown

Cladding Appears At 626 First Avenue, Twin-Towered Development Rising in Murray Hill

6:30 am on July 15, 2015 By Reid Wilson

JDS Development’s 41- and 48-story residential towers planned at 626 First Avenue, on the East River in Murray Hill, are now rising quickly, per Curbed. Construction began nearly a year ago, and completion of the 800-rental-unit development is expected in 2017. SHoP Architects is designing, and façade installation has also begun closer to street level. A 38,000 square-foot park is planned to surround the base of the project.

Permits Filed: 572 11th Avenue, 13-Story Building Designed by CetraRuddy

11:30 am on July 14, 2015 By Rebecca Baird-Remba

The furthest reaches of Midtown West are about to get another mixed-use building designed by Cetra Ruddy. The Soho-based firm filed new building applications this morning for a 13-story residential development with ground floor retail at 572 11th Avenue, on the corner of 43rd Street.

Tallest Freestanding Tower Crane in NYC History Up at 111 West 57th Street

8:00 am on July 14, 2015 By Nikolai Fedak

The past few months have seen construction kick into high gear at several sites along and adjacent to the 57th Street corridor, and now 111 West 57th Street will join the pack. Interior demolition and excavation began last year, and now the tower’s crane has arrived on-site, signaling its impending verticality.

City To Request Proposals For All-Affordable Mixed-Use Tower At 493 11th Avenue, Midtown West

6:00 am on July 13, 2015 By Reid Wilson

The City’s EDC has confirmed the redevelopment of the parking lot at 493 11th Avenue, on West 39th Street in Midtown West, according to DNAinfo. The City will request proposals this summer for a permanently all-affordable housing tower, which will also have retail and community space on the lower levels. The site was previously said to allow for a 45-story, 300-unit building, and was formerly occupied by a six-story slaughterhouse, demolished in the 1980’s.

When Developers Work on Subways: Using One Vanderbilt as a Test Case

8:00 pm on July 10, 2015 By Rebecca Baird-Remba

SL Green’s 1.6 million-square-foot office tower at One Vanderbilt Avenue will not only be a test case for the city’s ambitious Midtown East rezoning plan, but it’s one of the few times in recent memory that a private developer has agreed to finance and perform substantial construction work for the MTA.

Residential Development Site At 253-255 3rd Avenue Expands, Gramercy

11:00 am on July 10, 2015 By Reid Wilson

Last Summer, Apex Real Estate Investments acquired the three-story buildings spanning 253-255 3rd Avenue, in the Gramercy, and now the firm has purchased the buildings at 257-259 3rd Avenue for $15.7 million. According to Commercial Observer, initial plans were to build a 25-unit residential building with affordable units at Nos. 253-255, but it seems the site has been expanded. Bonus air rights are also available with the inclusionary housing bonus, but the rights will apparently be transferred elsewhere.

Revealed: The Fitzroy, at 514 West 24th Street, by Roman & Williams

8:00 am on July 10, 2015 By Nikolai Fedak

Earlier this year, YIMBY posted drawings and floorplans that offered an idea of what 514 West 24th Street will look like. The site will soon give rise to a 10-story condominium building designed by Roman & Williams, and we can now reveal the first rendering of the project, dubbed The Fitzroy, which also now has its teaser website.

Developer Acquires Air Rights For Planned Hotel At 450 11th Avenue, Hudson Yards District

6:30 am on July 10, 2015 By Reid Wilson

Marx Development Group has acquired 35,550 square feet of transferable development rights for $7 million as they prepare to build a 39-story and 438-key hotel at 450 11th Avenue, in Midtown West. According to Commercial Observer, the building will measure 213,300 square feet, although plans have yet to be filed with the DOB. Multiple single-story commercial buildings must first be demolished, and ground breaking is planned in 2016.

Lalezarian’s 35-Story Mixed-Use Tower Revealed At 323 10th Avenue, West Chelsea

6:30 am on July 9, 2015 By Reid Wilson

At the end of 2014, YIMBY semi-revealed Lalezarian’s planned 35-story, 220-unit mixed-use tower at 323 10th Avenue, in West Chelsea. Now, renderings of the tower have been posted on-site and construction is underway, with rebar poking up above street level, courtesy of photographs by ILNY and Tectonic. The project also includes two other 13-story buildings on the other side of the High Line, at 507 West 28th Street, which will amount to another 155 residential units.

Eight-Story Commercial Building At 541 West 21st Street Hits the Market

11:00 am on July 7, 2015 By Reid Wilson

The eight-story, 65,000 square-foot warehouse at 541 West 21st Street, in West Chelsea, has been placed on the market as a redevelopment site. The property could be worth more than $65 million, according to Crain’s Business. The commercial property is primed for a hotel or office conversion. Property owner Erno Bodek has tasked Meridian Investment Sales and Rosewood Realty Group with marketing the property.

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