The Korean Cultural Center of NYC has finally begun to rise at 122-126 East 32nd Street in Murray Hill. The Midtown site, which is located between Lexington Avenue and Park Avenue South, had sat dormant since excavation was completed following the official groundbreaking ceremony in June 2018. The project is designed by SAMOO Architecture PC and developed by 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.
Renderings were recently revealed for 171 Throop Avenue, a 93-unit mixed-use building in Bedford-Stuyvesant, Brooklyn. The development, which will be financed in part by the New York City Department of Housing Preservation and Development, will include community facilities and recreational amenity space.
Work has yet to begin at 75 West Broadway, aka 61 Warren Street, a ten-story, 120-foot-tall residential building in Tribeca. The property has sat relatively quiet since YIMBY checked in last summer. Located along West Broadway between Warren Street and Murray Street, the forthcoming project is designed by BKSK Architects and developed by Cape Advisors and Forum Absolute Capital Partners and is set to yield 55,000 square feet.
Renderings have been revealed of 375 West 207th Street, also known as 3875 Ninth Avenue, a new mixed-use building in Manhattan’s Inwood neighborhood. Developed by Maddd Equities and designed by Aufgang Architects, the tower will rise 30 stories and eventually house 614 units.
Developers have launched leasing at The Dime, a 177-unit rental building in South Williamsburg, Brooklyn. Perched above the historic Dime Savings Bank at 275 South 5th Street, the property includes retail space, office suites, and an array of amenities. The building is alternately addressed as 209 Havemeyer Street.