316 5th Avenue

Exclusive Reveal for Koreatown’s First Residential Skyscraper at 316 Fifth Avenue, by Kohn Pedersen Fox

The blocks of NoMad and its immediate surrounds remain incredibly active in terms of new development, and the wave of construction sweeping Fifth Avenue is about to yield yet another skyscraper. Today, YIMBY has an exclusive first look at what’s in store for 316 Fifth Avenue, in Koreatown, where developer Cottonwood Management is planning a 539-foot-tall tower designed by Kohn Pedersen Fox.

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1059 Third Avenue, rendering by Real Estate Inverlad

1059 Third Avenue Over Halfway to Pinnacle on Manhattan’s Upper East Side

It has been less than four years since permits were filed for 1059 Third Avenue, but thanks to Tectonic we can see the tower has now risen 21 floors above the Upper East Side, on the way to its 30-story pinnacle. The project is one of several new high-rises coming to the neighborhood. Real Estate Inverland and Third Palm Capital are responsible for the development. The site was purchased for $40 million in 2012, costing just over $330 per buildable square foot.

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