According to The New York Times, UK-based Thomas Heatherwick’s Hudson Yards centerpiece is now under construction. A source who has seen the design described it as resembling the shape of a chalice, rising higher than the 100-foot-tall Culture Shed, which YIMBY unveiled in 2013. The sculpture does not require public review, and Related Companies and Oxford Properties are developing.
In March, YIMBY revealed renderings of the four-building, 223-unit condominium redevelopment of Cabrini Medical Center, in Gramercy. Now, developers Chetrit Group and Clipper Equity have closed on a $345.5 million loan for the project, according to Commercial Observer. Dubbed Gramercy Square, three medical buildings will be converted, and a fourth building will be constructed ground-up. Also planned is a 25,000 square-foot court yard, designed by M. Paul Friedberg and Partners; Woods Bagot is the project’s design architect. Completion is expected in 2016.
The current round of the 57th Street boom is making rapid progress, and construction work at 220 Central Park South in particular is moving quickly. Despite all the momentum, slight uncertainty has surrounded the building’s final design, but YIMBY now has a fresh rendering confirming the skyscraper’s ultimate appearance.
YIMBY first reported on permits for 118 East 59th Street back in September of 2014, and we posted the first renderings back in January. Now we have the full set of images depicting both exteriors and interiors for the project, and its website has also gone live.
Soho Properties, MHP Real Estate Services and Hampshire Hotels Group have closed on the purchase of 19,772 square feet of air rights for their planned 29-story, 384-foot mixed-use commercial building at 560 7th Avenue, in Midtown (at 40th Street), according to Commercial Observer. A 238-key Dream Hotel is planned, which will also feature retail space on the ground & second floor, and restaurants on the third floor and cellar level. Stonehill & Taylor Architects is designing, and demolition of the existing six-story building is expected to commence by the end of this year.
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