Midtown

Development Assemblage At 143 East 60th Street In Contract, Midtown East

6:00 am on June 19, 2015 By Reid Wilson

Only placed on the market earlier this month, Kuafu Properties is in contract to acquire the development assemblage spanning 143-161 East 60th Street, on the northern edge of Midtown East, for more than $300 million. A 280,000 square-foot residential building with a retail portion could be accommodated at the site, and rumor has it that condominiums are likely planned. Six low-rise buildings — the largest being 11 stories — currently occupy the site.

Three-Story Industrial Building At 219 West 21st Street In Chelsea Primed For Redevelopment

11:00 am on June 18, 2015 By Reid Wilson

Cushman & Wakefield is marketing the three-story, 13,040 square-foot building at 217-219 West 21st Street, in Chelsea, between Seventh and Eighth Avenues. The property has 6,710 square feet of unused air rights, according to Commercial Observer, but a developer could also demolish the existing structure for a new building. Leases currently occupy parts of the building, but expire at the end of 2017.

City Expected To Receive Midtown East Rezoning Recommendations This Summer

4:00 pm on June 16, 2015 By Reid Wilson

A committee assigned to propose changes for Midtown East’s zoning is expected to submit plans with the City by June 30th, hopefully facilitating a rezoning that would be formally crafted by the Department of Planning. The rezoning may give developers a boost in FAR in return for funding transit improvements. Also, developers may be able to transfer air rights from landmarked buildings to other properties within the district as-of-right, according The Wall Street Journal.

Documents Confirm 1,522-Foot Parapet Height for 217 West 57th Street, aka Nordstrom Tower

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

The permitting process surrounding high-profile projects is becoming increasingly convoluted, with ‘dummy filings’ now commonly submitted prior to actual new building applications. This is particularly true at 217 West 57th Street, which still doesn’t have any on-site renderings. But luckily some new supporting documents have been filed with the city, revealing what appear to be the actual height numbers for the tower’s parapet and roof, confirming it will become the country’s tallest building.

Watch 500 West 21st Street Rise Next to the High Line in Chelsea

7:30 am on June 16, 2015 By Rebecca Baird-Remba

The team behind Sherwood Equities’ luxury condo development at 500 West 21st Street sent along a time lapse video of the building rising next to the High Line, beginning in March of last year and ending last month.

New Renderings For Future Supertall at 53 West 53rd Street, Midtown

6:00 am on June 15, 2015 By Reid Wilson

The full website for 53W53, Hines’ 73-story, 139-unit luxury residential tower under construction at 53 West 53rd Street, in Midtown, has launched, and a slew of new renderings are now available. Curbed also reports the units in the Jean Nouvel-designed tower will not be publicly listed.

Revealed: 38 West 33rd Street, New 36-Story Midtown Residential Tower

8:00 am on June 12, 2015 By Nikolai Fedak

Back in early September, in the midst of the Great Filing Frenzy of 2014, permits went up for a new residential tower spanning 38-46 West 33rd Street, just southeast of Herald Square. Now YIMBY has the reveal for the 36-story building, which has seen a slight height increase from 385 to 405 feet, thanks to a watchful tipster.

Tishman Speyer To Acquire Mixed-Use Development Site At 550 West 37th Street, Hudson Yards

12:15 pm on June 11, 2015 By Reid Wilson

Tishman Speyer is in the process of acquiring the development site at 550 West 37th Street — on 11th Avenue, between West 36th and 37th streets — in the Hudson Yards district, for $185 million. According to Crain’s Business, the parcel boasts 735,000 square feet of mixed-use building potential, but can be expanded to roughly 1.7 million square feet with the purchase of bonus air rights. The developer also plans a significant tower at 435 10th Avenue, a few blocks to the south.

Related’s 30 Hudson Yards & Retail Base Go Vertical, Far West Side

6:30 am on June 11, 2015 By Reid Wilson

YIMBY has word that the 100,000-ton steel order placed for the construction of Related’s Hudson Yards development is now making its way to the Far West Side, and Curbed has photographic evidence. Dubbed “The Shops & Restaurants at Hudson Yards”, the seven-story, 1 million square-foot retail base being built between 10 and 30 Hudson Yards will feature 100 different establishments, and is scheduled to open in 2018.

First Lease Signed At 55 Hudson Yards, 51-Story, 780-Foot-Tall Office Building

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

The law firm Boies, Schiller & Flexner has signed a lease for 83,000 square feet at 55 Hudson Yards, a 51-story, 1.3 million square-foot office building in the works on the Far West Side. According to The Wall Street Journal, who first broke the news, the lease is the tower’s first. In March, YIMBY brought you news of excavation work beginning, and currently, foundation work is underway. Related, Mitsui Fudosan America, and Oxford Properties Group are developing, and opening is slated for 2018.

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