Recent photos of 70-74 Gansevoort Street show the commercial development beginning its vertical ascent over the Meatpacking District. Located along Gansevoort Street, this is one of several buildings among the Gansevoort Street redevelopment project that spans the length between Washington Street and Greenwich Street. Set to stand roughly 112 feet tall, it is being designed by BKSK Architects and developed by Aurora Capital and William Gottlieb Real Estate.
When we last checked in on the site of 540 West 25th Street, the building had just topped out. The steel structure and metal decking was still mostly exposed. Now with the curtain wall installed, the new 60,000 square foot project is closer to completion. This will be the new headquarters for Pace Gallery, providing eight stories of gallery spaces, private viewing rooms, offices, and a library. The 135-foot tall building is designed by Bonetti/Kozerski Studio and developed by Weinberg Properties. Pace Gallery’s existing spaces are currently located at 508 & 510 West 25th Street next to the High Line.
In a recent ceremony, Triangle Equities celebrated the launch of sales at a luxury townhouse development known as Kensington Estates. Located in Woodbury, Long Island, the new community is exclusively available to adults 55-and-over and is expected to debut in 2020.
The Grand Hyatt New York next to Grand Central Terminal may soon be replaced. Developers TF Cornerstone and MSD Partners, L.P. recently announced their plans to redevelop the site in East Midtown, at 42nd Street and Lexington Avenue. The new mixed-use project would take the place of the existing building, adding 2 million square feet of retail and prime class A office space. In addition, the proposal also includes a new (but smaller) Grand Hyatt hotel.
Standing 38 stories above Hudson Park is 515 West 36th Street. After excavation and foundation work began in 2016, the new mixed-use building now rises 418 feet. Located between the northern tip of Hudson Boulevard East and 10th Avenue, the site is a little over 328,000 square feet of newly built space. The reinforced concrete structure topped out in the summer of 2017 and is now fully enclosed in a reflective glass curtain wall. Ismael Leyva Architects is the designer, with Lalezarian Properties as the developer.