UPDATE: Per the developer, SLCE Architects is designing the building.
Earlier this year, YIMBY posted preliminary renderings for a new project coming to 131-141 East 47th Street, in Midtown East. Now, we have new images for the (approximately) 50-story building.
World Wide Group has placed an assemblage of buildings, spanning 143-161 East 60th Street, in Midtown East, on the market as a development site for what is being valued north of $300 million, according to Crain’s Business. Six buildings are included in the assemblage, most being townhouses in the four- and five-story range, but an 11-story building exists at No. 155. A 280,000 square-foot residential and retail building could be built, but the tower could be even larger if a developer chooses to satisfy the inclusionary housing bonus.
L&L Holdings and GreenOak Real Estate have landed a $556 million construction loan for their 47-story, 893-foot-tall office building planned at 425 Park Avenue, in Midtown East. The developers are expanding the existing 32-story building office building to accommodate 670,000 square feet of modern office space. Partial demolition begins this month, and the building is scheduled to open in 2018.
Vornado Realty Trust has acquired the low-rise retail building at 144-150 West 34th Street, in Midtown South, for $355 million from a partnership between Starwood Capital Group and Crown Acquisitions. The three-story, 78,000 square-foot building is leased by Old Navy; their lease expires in five years, and the property boasts 300,000 square feet of commercial building rights if redeveloped.
Last week, YIMBY revealed the exteriors for 1 Park Lane, which has an actual address of 36 Central Park South, the site of the current Helmsley Park Lane. While we speculated that Vinoly designed the building, we learned that Handel Architects was in fact behind the renderings; we have also obtained a new set of images which include that version of the project’s interiors and views, which will be very impressive.
