Midtown South

14-Story Building At 315 West 35th Street Slated For Condo Conversion, Garment District

12:30 pm on July 15, 2015 By Reid Wilson

Isaac Chetrit and Jacob Aini have won a bid to acquire the 14-story, 63,000 square-foot commercial property at 315 West 35th Street, in the Garment District, for $43 million. The new owners plan to convert the vacant building into residential condominiums. The building was placed up for auction after the previous owner, developer Aaron Chitrik, defaulted on the property’s mortgage, according to The Real Deal.

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.

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.

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.

Revealed: 126 Madison Avenue, aka 15 East 30th Street, 730-Foot Condomium Tower

8:00 am on May 26, 2015 By Nikolai Fedak

Back in late April the Wall Street Journal posted a sliver of the rendering for 126 Madison Avenue, a 47-story residential tower which is being developed by Fosun Property and JD Carlisle at the northern edge of NoMad, on the east side of 30th Street and Fifth Avenue. Now, YIMBY has the full image for the skyscraper, as well as another perspective, giving a much better idea of the 730-foot project’s eventual impact on the Midtown South skyline.

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Midtown South

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