Rendering of 14-16 Fifth Avenue; Front elevation - Robert A.M. Stern Architects, Madison Realty Capital

RAMSA’s 16 Fifth Avenue Continues Ascent in Greenwich Village, Manhattan

Construction has risen past the halfway mark on 16 Fifth Avenue, a 19-story residential building in Greenwich Village, Manhattan. Designed by Robert A.M. Stern Architects and Hill West Architects and developed by Madison Realty Capital, which purchased the 5,255-square-foot plot for $27.5 million in 2015, the 241-foot-tall structure will yield 20 condominium units. The property is located on an interior lot between East 8th and East 9th Streets, just north of Washington Square Park.

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300 East 50th Street’s Brick Façade Progresses in Midtown East, Manhattan

Exterior work is progressing on 300 East 50th Street, a 23-story residential building in the Turtle Bay section of Midtown East, Manhattan. Designed by BKSK Architects and developed by MAG Partners in collaboration with Global Holdings, KRW Realty Advisors, Krown Point, and Safanad, the 275-foot-tall structure will span 170,000 square feet and yield 194 units, with 30 percent allocated to affordable housing, as well as ground-floor retail space, a cellar level, and a 30-foot-long side yard. 300 East 50th Street Owner LLC is listed as the owner and Urban Atelier Group is the general contractor for the property, which is located at the southeast corner of Second Avenue and East 50th Street.

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