Korean Cultural Center’s Façade Begins to Emerge at 122-126 East 32nd Street in Murray Hill, Manhattan

Scaffolding is beginning to come down, revealing the exterior of the Korean Cultural Center of NYC, a seven-story building at 122-126 East 32nd Street in Murray Hill. Designed by SAMOO Architecture PC for Level Group, the Consulate General of the Republic of Korea, NY, purchased the property for $15.8 million in March 2008, including the use of nearly 4,500 square feet of air rights. Construction broke ground in June 2018 on the 120-foot-tall project, which is planned to yield a total of 36,500 square feet and is aiming for LEED Certification.

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577 3rd Avenue in Gowanus, Brooklyn. All images via NY Housing Connect

Affordable Housing Lottery Launches for 577 3rd Avenue in Gowanus, Brooklyn

The affordable housing lottery has launched for 577 3rd Avenue, a seven-story residential building in Gowanus, Brooklyn. The 24,826-square-foot development was designed by Christopher Teeter and yields 20 units. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,715 to $167,570.

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New Rendering Reveals 141 East 47th Street’s Art Deco-Inspired Details in Midtown East, Manhattan

A new rendering has been revealed for 141 East 47th Street, a 35-story residential tower in Midtown East. Excavation is underway for the 183,310-square-foot project designed by Ismael Leyva Architects and developed by Silverback Development. The latter was brought on by Hopson Development Holdings, which previously purchased the parcel for $115 million in December 2019 from the original developers, New Empire Real Estate. The property will contain a mix of studios through two-bedroom units averaging around $1.5 million apiece, as well as 5,000 square feet of ground-floor retail space.

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517-523 West 29th Street’s Brick Façade Progresses in Chelsea, Manhattan

Exterior work is progressing on 517 West 29th Street, a ten-story residential building in Chelsea. Developed by Churchill Real Estate Holdings and designed by Ben Hanson Architect with Rand Engineering and Architecture as the architect of record, the 135-foot-tall structure will yield 56,160 square feet with 60 condominium units and nine private outdoor parking spaces. The project site is located between Tenth and Eleventh Avenues near the High Line and Hudson Yards, on a plot that once housed a six-story brick building that Six Sigma purchased for $54.75 million.

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