The current crop of supertalls at 111 and 217 West 57th Street aren’t yet above ground level, but Extell is already in talks for their next major development along New York’s newly-minted Billionaire’s Row, at 123 West 57th Street. YIMBY’s sources confirm that the firm has emerged as the finalist in talks for the site, comprising the Calvary Baptist Church and the Salisbury Hotel, and we have also procured massing diagrams produced by another developer that was formerly in contention for the building.
The burgeoning new immigrant population in Woodside, Jackson Heights and Corona has driven a small construction boom in those neighborhoods, and one developer has decided to capitalize on the area’s growth with an eight-story hotel at 64-06 Queens Boulevard in Woodside.
New buildings and alterations are sprouting on every underused plot near Franklin Avenue in Crown Heights, and YIMBY noticed that this long-delayed revamp at 609 St Johns Place is finally nearing the finish line.
Eretz Group has acquired the 10-story, 170,000 square-foot office and retail building at 224 West 57th Street — across from Extell’s planned Nordstrom Tower, in Midtown — for $213.8 million. The building is landmarked, and after being acquired for $85 million in 2010, it underwent a $50 million renovation designed by Tirmizi Campbell. Per The Real Deal, the non-profit Open Society Foundations currently leases a majority of the building.
“11th Street Condominiums LLC” has filed applications for a seven-story, 42-unit residential building spanning the lots of 46-14 – 46-20 11th Street, in Long Island City. The project will total 40,035 square feet of residential space, and if the LLC’s name hints anything, condominiums will average roughly 950 square feet. Raymond Chan is designing, and an existing two-story warehouse must first be removed.