Alchemy-ABR Investment Partners and Cain International are working in collaboration to complete a new 26-story office tower at 125 West 57th Street. Designed by FXCollaborative, the building will stand 420 feet above ground and comprise approximately 260,000 square feet.
Earlier this week, Fisher Brothers Management Company unveiled the first new images of its $120 million renovation to 1345 Avenue of the Americas, a 625-foot-tall mid-century office skyscraper in Midtown. The improvements include a Wi-Fi-enabled public park with large-scale art installations, upgrades to the lobby, and the addition of a conference and amenity floor.
The affordable housing lottery has launched for River Place, a 40-story residential building at 650 West 42nd Street in Midtown West, Manhattan. Built in 1999, the structure yields 921 units. Available on NYC Housing Connect are 47 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $38,743 to $167,570.
Façade work is nearing completion on 460 West 41st Street, a 164-foot-tall mixed-use building in Midtown West. Designed by FXCollaborative and developed by Covenant House, the structure will become the first supportive housing development by Covenant House in nearly 50 years, with help from for-profit entities Gotham Organization and Denham Wolf Real Estate Services. The 80,290-square-foot property is located between Eighth and Ninth Avenues and will yield 60 residential units averaging approximately 884 square feet, as well as a 53,053-square-foot community facility. The project is expected to cost $128 million.
A recently completed Environmental Assessment Study reveals detailed floor plans and scope of renovation for the historic Windemere Building in Hell’s Kitchen. Located at 400 West 57th Street on Ninth Avenue, the property was constructed in 1881 by developer Henry Sterling Goodale and is recognized as the area’s first large multi-family apartment complex.