The Art Moderne-inspired facade of 24-16 Queens Plaza South is starting to show progress. The tower is already topped out at 23 stories, and stands next to the elevated 7 train in Long Island City. Silverback Development is the developer of the residential project. The building was previously purchased from Greystone Development at a cost of $80 million. The acquisition calls for a conversion from rentals to condominiums.
Permits have been filed for a ten-story mixed-use building at 393 8th Avenue in Chelsea, Manhattan. Located between 29th Street and 30th Street, the interior lot is close to Pennsylvania Station and the 34th Street subway station, serviced by the A, C, and E trains. Daniel Aller of Aller Enterprises is listed as the owner behind the applications.
Rye-based developer Elk Homes has announced an official launch date for its most recent residential development in Pelham, New York. Located in Westchester County, Colonial Court’s 16 rental units will hit the market on May 31st, with occupancy expected by August of this year.
The future 1,550-foot-tall Central Park Tower, aka 217 West 57th Street, is making rounds again in the real estate world with the first seven publicly listed units now arriving on the market. Extell is one step closer to a projected $4 billion sellout for what is now the tallest building in New York City by roof height, as the supertall closes in on Chicago’s Willis Tower for the title of tallest in the Western Hemisphere, by roof. Adrian Smith + Gordon Gill are the architects of the glass tower. Interiors for the 179 residences are being designed by Rottet Studio.
The Lofts Pier Village has officially topped-out in the seaside village of Long Branch, New Jersey. Extell Development Company recently celebrated the milestone achievement alongside key members of the project team, who have already been awarded for their contribution to the local community by the New Jersey Builders Association.