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Work Continues on ‘The Summit’ Observatory Atop One Vanderbilt in Midtown East

Work is moving along on the observatory in One Vanderbilt, a 1,401-foot-tall commercial supertall in Midtown East and number four on our countdown of the tallest buildings under construction in the city. Designed by Kohn Pedersen Fox and developed by SL Green, the 77-story skyscraper occupies a full-block parcel immediately to the west of Grand Central Terminal. Though the $1.4 billion property has been officially open since its ribbon-cutting ceremony in mid September, the indoor-outdoor observatory dubbed The Summit isn’t due to welcome the public until October 2021.

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Façade Work on Bjarke Ingels’ The XI Temporarily On Hold in Chelsea

YIMBY’s Turkey Week update of stalled projects continues with The XI, a twisting pair of 26- and 36-story residential structures at 76 Eleventh Avenue in Chelsea. Designed by Danish architect Bjarke Ingels of Bjarke Ingels Group and developed by HFZ Capital Group, façade installation work appears to be on hold for the moment at the site, which is located on the western side of the High Line. Among the tallest buildings to rise along the Hudson River, the 908,250-square-foot two-tower design will yield 236 condominiums and a 137-room Six Senses Hotel Resort Spa, the brand’s first location in the United States. YIMBY last reported that Omnibuild is in charge of the construction and Douglas Elliman is handling sales and marketing.

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90 Morton Street Opens for Occupancy in the West Village

Construction has reached full completion at 90 Morton Street, a 12-story condominium building in the West Village. Designed by Asaf Gottesman of Gottesman-Szmelcman Architecture and developed by Brack Capital Real Estate, the 150-foot-tall project involved a rooftop addition on an eight-story industrial building that once housed a printing warehouse. The structure yields 122,000 square feet with interior design by Marc Turkel of Leroy Street Studio. Reuveni Real Estate is leading sales and marketing of the 35 units, which hit the market in April 2018 with prices starting at $5.3 million.

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YIMBY’s Q3 2020 Report Shows 5,638 New Residential Units Filed from July through September

During the third quarter of 2020, spanning the period from July through September, developers expressed confidence in the city’s long-term economic future, as evidenced by the 446 building permits filed during the period, nearly matching the 476 filings in the second quarter. Between these applications, which cover all types of projects, the new residential buildings permitted totaled 5,638 units, a decrease from 9,309 the previous quarter, and a drop from 8,063 units submitted in Q3 of 2019. Despite the drop in residential units entering the pipeline for the Five Boroughs, overall permitting activity remains relatively vigorous, and all filings are available in Excel format at the following link.

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517-523 West 29th Street’s Superstructure Passes the Halfway Point in Chelsea

Construction has passed the halfway mark at 517 West 29th Street, a ten-story, 135-foot-tall condominium project 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 building will yield 56,160 square feet with 60 residential units and nine private outdoor parking spaces.

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