One Vanderbilt Officially Opens in Midtown East

Yesterday morning SL Green, Hines, and National Pension Service of Korea held a ribbon cutting ceremony to mark the official opening of One Vanderbilt, a $1.4 billion, 77-story supertall in Midtown East. Transit officials, labor leaders, building tenants, and Mayor de Blasio attended the milestone celebration in the new pedestrian plaza, called One Vanderbilt Avenue, directly below the eastern side of the Kohn Pedersen Fox-designed skyscraper, which received a Temporary Certificate of Occupancy on September 11.

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475 Clermont Avenue

Affordable Housing Lottery Opens for 810 Fulton Street in Clinton Hill, Brooklyn

The housing lottery is now open for 810 Fulton Street, a 12-story affordable housing development in Clinton Hill, Brooklyn. Alternately addressed as 475 Clermont Avenue, the newly constructed development by Rose Associates offers 37 affordable rentals in the form of studios, one-bedrooms, and two-bedrooms to New York households with incomes from $81,258–$159,640.

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Covenant House Nears Pinnacle at 460 West 41st Street in Midtown West

The steel superstructure is nearing the pinnacle of Covenant House, a 164-foot-tall mixed-use building at 460 West 41st Street in Midtown West. Designed by FXCollaborative and developed by Covenant House, the 80,290-square-foot project will yield 53,053 square feet of community facility space and 60 residential units averaging approximately 884 square feet apiece. 460 West 41st Street is planned to be the first supportive housing development by Covenant House in 48 years and includes help from for-profit entities Gotham Organization and Denham Wolf Real Estate Services.

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Central Park Tower’s Construction Crane Begins Disassembly Above Billionaires’ Row

The construction crane on Extell‘s Central Park Tower has begun disassembly at 217 West 57th Street in Midtown as the 1,550-foot-tall skyscraper moves closer to completion. Designed by Adrian Smith + Gordon Gill, the residential supertall boasts the highest roof level of any building in the Western Hemisphere. Extell is projecting a $4 billion sellout with its in-house team marketing the 179 residences.

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