Midtown

11-Story, Nine-Unit Condo Building Planned At 455 West 19th Street, Chelsea

6:00 am on July 23, 2015 By Reid Wilson

At 455 West 19th Street, in Chelsea, a single-story warehouse is expected to be redeveloped into an 11-story, nine-unit mixed-use building, according to Curbed. The building will measure 27,480 square feet in total, which will include 1,145 square feet of old warehouse space retained on the ground floor. Units will average a condo-sized 2,925 square feet. NYC Prince LLC is the developer, and Paik Architecture is the architect of record.

Developer To Acquire Assemblage Spanning 253-261 3rd Avenue, Gramercy

2:00 pm on July 22, 2015 By Reid Wilson

Apex Real Estate Investments recently purchased the properties spanning 257-259 3rd Avenue, in Gramercy, expanding an assemblage that now includes 253-261 3rd Avenue. Now Alfa Development is in contract to acquire the development site for $69.6 million. Condominiums are most likely planned for the site, which boasts roughly 90,000 square feet of building potential. Demolition permits were filed in 2014 for the three-story building at Nos. 253-255, although none are on file for the three- and five-story buildings at Nos. 257-261.

Excavation Begins At 232 7th Avenue, Site Of 17-Story, 50-Unit Building, Chelsea

10:00 am on July 20, 2015 By Reid Wilson

Early in 2014, YIMBY revealed renderings of the planned 17-story, 50-unit mixed-use building at 232 Seventh Avenue, in eastern Chelsea, and now YIMBY can report excavation has commenced at the site. The building will measure 42,325 square feet, which includes 2,425 square feet of retail on the ground floor, and C3D Architecture is designing. Chelsea 7 JV LLC is the developer, and the project’s completion is most likely towards the end of 2016 or early 2017.

324 West 44th Street, rendering by Gene Kaufman Architect

Revealed: 324 West 44th Street, a Gene Kaufman-Designed Hotel

7:00 am on July 17, 2015 By Rebecca Baird-Remba

Hotel developer Sam Chang of McSam Hotel Group has just broken ground on a 114-key hotel at 324 West 44th Street, and YIMBY has a first look at the development, which will be a Marriott TownPlace Suites.

Jeff Koons Assembles Possible Development Site At 624 West 52nd Street, Hell’s Kitchen

6:30 am on July 17, 2015 By Reid Wilson

Artist Jeff Koons has acquired the three-story commercial building at 624 West 52nd Street, near the Hudson River in Hell’s Kitchen, for $12.7 million. Koons also owns the lots at 620-622 West 52nd Street, after picking them up this past May for a total of $11 million. The assemblage boasts nearly 50,200 square feet of development potential, although plans for the properties are not known.

Planned 42-Story, 429-Unit Building At 222 East 44th Street Receives Financing, Midtown East

6:00 am on July 17, 2015 By Reid Wilson

BLDG Management Company has landed a $254 million construction loan for their planned mixed-use project spanning 212-222 East 44th Street, in Midtown East, per Commercial Observer. YIMBY reported on the project’s design competition earlier in 2015, and a 42-story, 429-unit building is planned, with 87 apartments to be set aside as lottery-allocated housing. On the ground floor, 7,160 square feet of retail space is planned.

Construction Update: 15 Hudson Yards, aka the Culture Tower, Midtown West

8:00 am on July 16, 2015 By Nikolai Fedak

Most of the progress so far at Hudson Yards has been on the eastern edge of the site, with 30 Hudson Yards the only tower that’s currently above ground level. But with the decking-over of the Eastern Yards now wrapped-up, YIMBY reader ILNY took the following photos showing that work is finally about to begin on 15 Hudson Yards.

Demolition Begins At 520 West 41st Street, Site Of 106-Story Mixed-Use Tower, Midtown West

6:00 am on July 16, 2015 By Reid Wilson

Earlier this year, Silverstein Properties paid roughy $100 million for a car dealership at 520 West 41st Street, aka 514 Eleventh Avenue, in Midtown West. Last summer, YIMBY revealed plans for an 106-story, 1,400-unit mixed-use tower at the site (currently traversing ULURP). Although the proposed 1.685 million square-foot building has yet to be approved, Curbed reports demolition of the existing low-rise commercial building has begun.

14-Story Building At 315 West 35th Street Slated For Condo Conversion, Garment District

12:30 pm on July 15, 2015 By Reid Wilson

Isaac Chetrit and Jacob Aini have won a bid to acquire the 14-story, 63,000 square-foot commercial property at 315 West 35th Street, in the Garment District, for $43 million. The new owners plan to convert the vacant building into residential condominiums. The building was placed up for auction after the previous owner, developer Aaron Chitrik, defaulted on the property’s mortgage, according to The Real Deal.

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.

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