Yesterday, The Real Deal reported on an eviction controversy surrounding 338 West 39th Street, which is a site that will soon yield a new hotel. Now, YIMBY can reveal the design of the new building coming to the lot, which is being developed by the Portuguese hotel group Pestana Hotels.
Construction is chugging along at the massive Greenwich Lane complex, where Rudin Management and Global Holdings are building out five townhouses and five condo buildings on the site of the former St Vincent’s Hospital in the West Village.
The South Bronx neighborhood of Morrisania is finally experiencing some new economic development, propped up on the foundations of small market-rate projects and larger affordable developments like this one, a 120-unit complex planned on vacant land next to Thessalonia Baptist Church.
New York Times reports New York City F.C. is exploring the potential to build a new mixed-sport stadium at the site of Columbia University’s existing 17,000-seat stadium at 5101 Broadway, in Inwood. The soccer club has been searching for a location for their new stadium, and the Inwood possibility could be as large as 25,000 seats costing $400 million. Plans are only in the exploratory stage.
Per The Real Deal, RFR Realty, partnered with Hines, has received $360 million in financing from the Industrial and Commercial Bank of China for the 65-story, 91-unit condominium building at 100 East 53rd Street, in Midtown East. Vanke Holdings and China Cinda Asset Management have also purchased stakes in the project this past March. Foster + Partners is designing, and YIMBY brought you an update on construction in March.