JDS and PMG’s 82-story, 60-unit condominium tower at 111 West 57th Street, in Midtown, has received a $725 million construction loan, thanks to AIG and Apollo Global Management. SHoP Architects is designing, and the supertall is now expected to stand 1,438 feet to its pinnacle. The existing Steinway building is being partially demolished, and foundation work is currently underway, with completion slated for 2018, according to Crain’s Business. In April, YIMBY brought you new renderings of the project.
Brooklyn Bridge Park President Regina Myer unveiled the design and developer for the two towers planned on the park’s final development site at Pier 6. RAL Development, who converted the former Jehovah’s Witnesses warehouse at 360 Furman Street to a pricey condo project known as One Brooklyn Bridge Park, is partnering with Oliver Realty to develop the buildings.
Property owner Robert Elassad has filed applications for a two-building, three-unit residential development spanning 332-334 Davis Avenue, in West New Brighton, on Staten Island’s North Shore. A two-story, two-unit building is planned at No. 332, while a two-story, single-family home is slated for No. 334; residential units will average 1,340 square feet. Calvanico Associates is the applicant of record, and an demolition applications were filed for an existing two-story structure earlier this month.
Property owner Michael D’Alessio, of Michael Paul Enterprises, has filed applications to horizontally and vertically expand (by one story) the five-story building at 184 East 64th Street on the Upper East Side. The planned six-story structure will have five residential units spread across 10,740 square feet of space, for an average unit of 2,150 square feet. The existing building is currently fit for three units, and Vail Associates is the applicant of record.
Property owner Lipa Rubin, of Hess Management, has filed applications for a five-story, eight-unit mixed-use building at 120 Skillman Street, in the northwestern corner of Bedford-Stuyvesant. The building will measure 8,085 square feet, and a commercial portion will span 1,490 square feet on the ground floor. There will be two units per floor, measuring an average 825 square feet. Boaz Golani’s BMG Design Build is designing, and an existing two-story home was filed for demolition in April.