The Gladstone family has a long history of construction in New York, and the family’s current venture, Madison Equities, was founded in the mid-1960’s. Now, Madison is behind what will imminently become the first actual residential supertall below 34th Street in Manhattan, with 45 Broad Street set to rise 1,127 feet to its peak. Last week, Madison Equities’ CEO Robert Gladstone sat down with YIMBY to talk about that project, as well as everything else in the firm’s pipeline for the Five Boroughs.
Covered from top to bottom in a sleek facade of curved glass corners, tall windows, and white paneling, ARO is a 738-foot, 62-story residential tower that has risen from the former site of the Roseland Ballroom in Midtown, Manhattan. Located at 242 West 53rd Street between Eighth and Ninth Avenues, the new structure contains nearly 450,000 square feet designed by CetraRuddy Architecture. Algin Management is the developer, and leasing is being led by Triumph Property Group, and has now commenced for the 426 available apartments.
Permits have been filed for an eight-story residential building at 100 Lenox Road in Flatbush-Ditmas Park, Brooklyn. The site is four blocks away from the Parkside Avenue subway station, serviced by the Q trains and at the southeast corner of the Prospect Park subway station. Pulse Bedford Development will be responsible for the project.
Local Developer Samuel Eshaghoff has announced the completion of 710-714 Wortman Avenue in East New York, Brooklyn. The property comes to market as two adjoined two-family homes, for a total of four units.
Progress at 77 Greenwich Street has hit another milestone, with the tower crane now rising on-site. Located in Lower Manhattan between Trinity Place, Greenwich Street, Rector Street, and Edgar Street, the FX Collaborative-designed tower is set to rise 500 feet to its rooftop, and also has an address of 42 Trinity Place. Inside, 90 condominiums will be situated atop a podium containing a grade school and retail space. The 40-story project is being developed by Trinity Place Holdings.