Earlier this week, YIMBY brought you news, via Brownstoner, of the progress on Greenpoint Landing’s first two affordable residential buildings, and now developer Park Tower Group is getting ready to begin on two high-rise rental towers, which closely resemble YIMBY’s partial reveal of the planned towers at 37 and 41 Blue Slip. Brookfield Property Partners, who acquired a majority stake in the two-tower project for $59.7 million, according to Crain’s, will be co-developing, and two buildings — one 30 stories with 365 units, and another 40 stories with 415 units — are planned. Gothamist has the latest renderings, and construction is expected to begin in the first half of 2016. Handel Architects is designing. Greenpoint Landing, a 5,000-unit mega-development in northern Greenpoint, will include a total of 10 or more buildings.
Back in 2013, a group of Chinese investors closed on two big development sites just north of Columbia University in West Harlem for $6,600,000. Now they’ve filed plans to develop the property on West 126th Street between Amsterdam and Morningside Avenues. New building applications call for a 16-story residential building at 418 West 126th and a nine-story hotel at 412 West 126th. The two structures may not be physically connected, but they have been filed as one project.
In the beginning of last spring, YIMBY brought you a construction update on 610 Lexington Avenue/100 East 53rd Street, a planned 63-story, 94-unit residential tower, which at the time, was only two stories above street level. Dezeen now has fresh renderings of the project, which YIMBY can accompany with the latest photos from YIMBY reader ILNY. The bulk of the tower has been constructed, and glass façade is now being installed on the lower levels. RXR Realty is developing with Hines and Foster + Partners is designing, while SLCE Architects is serving as the architect of record. Completion is expected in 2017.
Six Sigma is in contract to purchase the six-story commercial building at 517-523 West 29th Street, in West Chelsea, for $54 million, and plans to redevelop the property. The existing building is being used as a self-storage facility and measures 55,000 square feet, although the site carries 19,000 square feet of unused development rights. The exact details on the redevelopment have not been disclosed, per The Real Deal.
There is a plan in the works that would drastically change West 29th Street between Broadway and Fifth Avenue. It involves six buildings in total, including two individual landmarks, and includes one 64-story mixed-use tower. The plan, being developed by HFZ Capital and the Collegiate Churches of New York, was presented to the Landmarks Preservation Commission on Tuesday. Members of the public testified, but by the time that happened, it was about 6 p.m. and, not having a quorum, no action was taken and the matter was tabled.