Midtown

City To Request Proposals For All-Affordable Mixed-Use Tower At 493 11th Avenue, Midtown West

6:00 am on July 13, 2015 By Reid Wilson

The City’s EDC has confirmed the redevelopment of the parking lot at 493 11th Avenue, on West 39th Street in Midtown West, according to DNAinfo. The City will request proposals this summer for a permanently all-affordable housing tower, which will also have retail and community space on the lower levels. The site was previously said to allow for a 45-story, 300-unit building, and was formerly occupied by a six-story slaughterhouse, demolished in the 1980’s.

When Developers Work on Subways: Using One Vanderbilt as a Test Case

8:00 pm on July 10, 2015 By Rebecca Baird-Remba

SL Green’s 1.6 million-square-foot office tower at One Vanderbilt Avenue will not only be a test case for the city’s ambitious Midtown East rezoning plan, but it’s one of the few times in recent memory that a private developer has agreed to finance and perform substantial construction work for the MTA.

Residential Development Site At 253-255 3rd Avenue Expands, Gramercy

11:00 am on July 10, 2015 By Reid Wilson

Last Summer, Apex Real Estate Investments acquired the three-story buildings spanning 253-255 3rd Avenue, in the Gramercy, and now the firm has purchased the buildings at 257-259 3rd Avenue for $15.7 million. According to Commercial Observer, initial plans were to build a 25-unit residential building with affordable units at Nos. 253-255, but it seems the site has been expanded. Bonus air rights are also available with the inclusionary housing bonus, but the rights will apparently be transferred elsewhere.

Revealed: The Fitzroy, at 514 West 24th Street, by Roman & Williams

8:00 am on July 10, 2015 By Nikolai Fedak

Earlier this year, YIMBY posted drawings and floorplans that offered an idea of what 514 West 24th Street will look like. The site will soon give rise to a 10-story condominium building designed by Roman & Williams, and we can now reveal the first rendering of the project, dubbed The Fitzroy, which also now has its teaser website.

Developer Acquires Air Rights For Planned Hotel At 450 11th Avenue, Hudson Yards District

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

Marx Development Group has acquired 35,550 square feet of transferable development rights for $7 million as they prepare to build a 39-story and 438-key hotel at 450 11th Avenue, in Midtown West. According to Commercial Observer, the building will measure 213,300 square feet, although plans have yet to be filed with the DOB. Multiple single-story commercial buildings must first be demolished, and ground breaking is planned in 2016.

Lalezarian’s 35-Story Mixed-Use Tower Revealed At 323 10th Avenue, West Chelsea

6:30 am on July 9, 2015 By Reid Wilson

At the end of 2014, YIMBY semi-revealed Lalezarian’s planned 35-story, 220-unit mixed-use tower at 323 10th Avenue, in West Chelsea. Now, renderings of the tower have been posted on-site and construction is underway, with rebar poking up above street level, courtesy of photographs by ILNY and Tectonic. The project also includes two other 13-story buildings on the other side of the High Line, at 507 West 28th Street, which will amount to another 155 residential units.

Eight-Story Commercial Building At 541 West 21st Street Hits the Market

11:00 am on July 7, 2015 By Reid Wilson

The eight-story, 65,000 square-foot warehouse at 541 West 21st Street, in West Chelsea, has been placed on the market as a redevelopment site. The property could be worth more than $65 million, according to Crain’s Business. The commercial property is primed for a hotel or office conversion. Property owner Erno Bodek has tasked Meridian Investment Sales and Rosewood Realty Group with marketing the property.

New Renderings of Herzog & de Meuron’s Plans for 36 Central Park South, aka 1 Park Lane

8:00 am on July 7, 2015 By Nikolai Fedak

Last month, YIMBY posted the first renderings for the tower coming to 36 Central Park South, on the site of the old Helmsley Hotel. The first version was created by Handel Architects, and the second — which we only had a glimpse of — was designed by Herzog & de Meuron, and we now have additional images of that version.

Tower Crane Arrives at 217 West 57th Street, aka Nordstrom Tower

8:00 am on July 6, 2015 By Nikolai Fedak

Extell has been exceedingly silent when it comes to details regarding New York City’s soon-to-be tallest tower at 217 West 57th Street, besides a minor press release last month indicating the building would be dubbed Central Park Tower (despite…

64-Story, 790-Unit Building Rises Above Street Level At 401 West 31st Street, Manhattan West

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

In December 2014, YIMBY noticed excavation beginning at 401 West 31st Street, in Midtown West, where Brookfield Properties is developing a 64-story, 790-unit residential building, featuring 3,440 square feet of retail space; now the building is a floor above street level, per Curbed. The building will measure a total 756,700 square feet, and SOM is designing, while SLCE is serving as the architect of record. Completion of the tower is expected in Summer 2017.

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