Permits have been filed for a 19-story mixed-use building at 656 Lexington Avenue in Midtown East, Manhattan. Located at the intersection of East 55th Street and Lexington Avenue, the corner lot is near the Lexington Avenue/53 Street subway station, serviced by the E, F, and 6 trains. Sergey Rybak is listed as the owner behind the applications.
New permits have been filed to convert a 14-story structure into a 31-story mixed-use building at 4 East 49th Street in Midtown East, Manhattan. Situated between Fifth Avenue and Madison Avenue, the interior lot is within walking distance of the 47-50 Streets-Rockefeller Center subway station, serviced by the B, D, F, and M trains. Rudolf Abramov of RJ Capital Holdings is listed as the owner behind the applications. Previous permits detailed a 29-story tower with 76 units.
George Comfort & Sons, on behalf of 575 Lexington Avenue owners, has secured a 300,000-square-foot lease with Weill Cornell Medicine in Midtown East as part of a 30-year agreement.
The Soloviev Group has announced the inclusion of 513 affordable housing units within the proposed Freedom Plaza in Manhattan, significantly contributing to the city’s inclusionary housing efforts. Located from 38th to 41st Streets east of First Avenue and covering over six acres in Midtown East, the ambitious mixed-use development was already slated to feature 4.77 acres of green space, a museum, shopping and restaurants, and a hotel. Now with the inclusion of the affordable units, it also stands to be one of Manhattan’s largest inclusionary housing initiatives in more than a decade.
The Soloviev Foundation will soon debut “Field of Light,” a six-acre immersive installation along the waterfront edge of Murray Hill, Manhattan. Designed by acclaimed artist Bruce Munro, the installation will take shape at Freedom Plaza, an undeveloped parcel of land along the East River from 38th to 41st Streets.