Pier55

Meatpacking District’s Pier55 Awaiting Final Approvals, Landscaping Tweaked

While the proposed park off the Meatpacking District, dubbed Pier55, waits for the Army Corps of Engineers and State Department’s approval, the project’s landscape architecture firm Mathews Nielsen has made small tweaks to the design. The park’s highest elevation has been lowered to 62 feet, according to Curbed, and vegetation will be very diverse. An amphitheater will be located near the back, and federal funds have been allotted for the park’s 13th Street pedestrian bridge. Construction is expected to begin in 2016.


143 East 60th Street

Large Development Assemblage At 143 East 60th Street Placed On Market, Midtown East

World Wide Group has placed an assemblage of buildings, spanning 143-161 East 60th Street, in Midtown East, on the market as a development site for what is being valued north of $300 million, according to Crain’s Business. Six buildings are included in the assemblage, most being townhouses in the four- and five-story range, but an 11-story building exists at No. 155. A 280,000 square-foot residential and retail building could be built, but the tower could be even larger if a developer chooses to satisfy the inclusionary housing bonus.