Midtown

Large Development Assemblage At 143 East 60th Street Placed On Market, Midtown East

10:00 am on June 5, 2015 By Reid Wilson

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.

Planned 47-Story Office Building At 425 Park Avenue Receives Financing, Midtown East

2:00 pm on June 4, 2015 By Reid Wilson

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 Acquires Retail Building At 150 West 34th Street For $355 Million

3:00 pm on June 3, 2015 By Reid Wilson

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.

New Views, Interiors, Possible Herzog and de Meuron Design for 1 Park Lane, aka 36 Central Park South

8:00 am on June 2, 2015 By Nikolai Fedak

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.

30-Story Boutique Hotel Nearly Topped-Out At 11 East 31st Street, Midtown South

6:30 am on May 29, 2015 By Reid Wilson

YIMBY noted construction beginning in January 2014 at 11 East 31st Street, in Midtown South, where Simone Development Group is developing a mid-rise boutique hotel, with partners KSNY and Geolo Capital. The building is near topping out and has begun to receive its façade, according to A Fine Blog. Dubbed the Tommie Hotel, the tower is now expected to stand 30 stories, accommodating 120 hotel units across 108,120 square feet. Gwathmey Siegel Kaufman Architects is designing, and completion is expected in 2016.

Handel Architects Behind Design of 1,210-Foot Tall 1 Park Lane, aka 36 Central Park South

8:30 am on May 28, 2015 By Nikolai Fedak

Yesterday, 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 was behind the renderings, we have now learned that Handel Architects is in fact behind the design, which is unsurprising considering the supertall does resemble a vertically extruded take on the Trump Soho (another Handel project). The 1,210-foot tall building will have 88 condominiums, and completion is expected by 2020.

Revealed: 239 Tenth Avenue, High Line-Adjacent Condo Building Designed by Peter Marino

8:00 am on May 28, 2015 By Nikolai Fedak

Back in September, YIMBY reported on the first permits for 239 Tenth Avenue, a new building which is being developed by Victor Homes and Michael Shvo. Renderings were glimpsed previously, but we now have the full reveal for the 12-story building, which will have only eight condominiums.

Office Building at 250 Fifth Avenue Wants to Become a Hotel, Add a 23-Story Tower Next Door

7:30 am on May 28, 2015 By Rebecca Baird-Remba

A landmarked five-story, turn-of-the-century office building at 250 Fifth Avenue, on the corner of 28th Street in NoMad, may become a hotel and grow a 23-story tower behind it. Alteration applications were filed yesterday to expand the building to 23 stories, but the developer tells us that the single-story storefronts on 28th Street, behind the hotel, will support the new tower.

City Council Approves One Vanderbilt and Midtown East Rezoning

5:00 pm on May 27, 2015 By Rebecca Baird-Remba

With a vote of 49 to zero, the City Council unanimously approved the application for a 63-story office tower at One Vanderbilt, as well as the rezoning for a five-block stretch of Vanderbilt Avenue between 42nd and 47th Streets.

Revealed: 1 Park Lane, at 36 Central Park South, 1,210-Foot Tall Condo Tower Replacing the Helmsley Park Lane

8:00 am on May 27, 2015 By Nikolai Fedak

YIMBY previously brought you preliminary plans for the Witkoff-led redevelopment of the Helmsley Park Lane, at 36 Central Park South, and followed up with a post indicating that Richard Rodgers would be the architect. We have now obtained the first official renderings of the project, showing its exteriors, and while YIMBY has been unable to obtain confirmation regarding the architect, we strongly suspect it is now Rafael Vinoly. Documents also indicate the building will stand 1,200 feet tall, making it one of the tallest in the city.

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