Commercial

BIG’s Two-Towered River Ring Secures Approvals, on Williamsburg Waterfront

8:00 am on September 17, 2021 By Vanessa Londono

The proposed two-skyscraper development River Ring, designed by Bjarke Ingels Group and developed by Two Trees Management, is closer to fruition after Community Board 1 approval. The 3.5-acre project would bring 1,050 homes with 263 affordable housing units, a six-acre circular waterfront park designed by James Corner Field Operations, a YMCA community facility, 2,000 construction jobs, and more than 500 permanent jobs to the Brooklyn waterfront in Williamsburg.

Rendering of 5055 Broadway - Timber Equities

Rendering Revealed for Mixed-Use Residential Development at 5055 Broadway in Inwood, Manhattan

7:00 am on September 17, 2021 By Sebastian Morris

A rendering has been revealed for 5055 Broadway, an 11-story residential building in Inwood, Manhattan. Designed by Fischer + Makooi Architects and developed by Timber Equities, the 43,000-square-foot structure will yield 42,000 square feet of residential space and amenities as well as ground-floor retail. The property is located between West 215th and 216th Streets, a short walk from Isham and Inwood Hill Parks. The amenity spaces will include a lounge, a fitness center, a communal roof deck, a bike room, and tenant storage.

Rendering of Gotham Point South Tower - Courtesy of VUW Studio

New Renderings Revealed for Gotham Point Two-Tower Project in Hunters Point South, Queens

7:30 am on September 16, 2021 By Sebastian Morris

The Gotham Organization and RiseBoro Community Partnership have revealed a collection of new renderings for Gotham Point, a dual-tower residential project located within the Hunters Point South mega-development. The property is positioned on Parcel F and Parcel G of Hunter’s Point South, which is among the largest mixed-use residential developments in Long Island City, Queens.

Ticket Sales Launch for SUMMIT One Vanderbilt, Experiential Observatory in Midtown East

8:00 am on September 15, 2021 By Vanessa Londono

Ticket sales launched yesterday for SUMMIT One Vanderbilt, the newest observatory in Manhattan located in the crown of One Vanderbilt in Midtown East. SUMMIT One Vanderbilt is a 65,000-square-foot, four-level entertainment space atop the 1,401-foot-tall commercial supertall developed by SL Green Realty and designed by Kohn Pedersen Fox. Interiors were designed by Snøhetta, with the immersive walk-through art experience designed by Kenzo Digital.

2551-2555 Broadway’s Stone Façade Begins Installation, on Manhattan’s Upper West Side

7:30 am on September 15, 2021 By Michael Young

Façade installation is progressing on 2551-2555 Broadway, a 22-story residential building on Manhattan’s Upper West Side. Designed by Stephen B. Jacobs Group and developed by Extell, the 276,578-square-foot reinforced concrete structure will yield 130 residential units averaging 1,660 square feet apiece, as well as 9,080 square feet of commercial space. Leeding Builders Group, LLC is the general contractor and Paragon JV Prop. III, LLC is the owner of the property, which is located at the corner of Broadway and West 96th Street.

Permits Filed for 29-05 38th Avenue in Long Island City, Queens

6:30 am on September 15, 2021 By Vanessa Londono

Permits have been filed for a seven-story mixed-use building at 29-05 38th Avenue in Long Island City, Queens. Located at the intersection of 38th Avenue and Old Ridge Road, the corner lot is within walking distance of the 39th Avenue-Dutch Kills subway station, serviced by the N and W trains. Jack Fang of FH 2Bro Builder Corp. is listed as the owner behind the applications.

2505 Broadway’s Brick and Glass Exterior Nears Completion on Manhattan’s Upper West Side

8:00 am on September 14, 2021 By Michael Young

Exterior work is nearing completion on 2505 Broadway, a 19-story residential building on Manhattan’s Upper West Side. Designed by ODA for Adam America Real Estate, the 75,000-square-foot structure will yield 44 units near the corner of Broadway and West 93rd Street. Ariel Tirosh and Douglas Elliman Development Marketing are the exclusive sales and marketing agents for the residences, which range from one- to four-bedroom layouts, many of which feature private terraces.

Existing site conditions at 5055 Broadway - Google Maps

Permits Filed for 5055 Broadway in Inwood, Manhattan

6:30 am on September 14, 2021 By Vanessa Londono

Permits have been filed for an 11-story mixed-use building at 5055 Broadway in Inwood, Manhattan. Located between West 215th and West 216th Streets, the interior lot is one block west of the 215th Street subway station, serviced by the 1 train. The Department of Housing Preservation and Development is listed as the owner behind the applications.

Turken House Nears Topping Out at 300 East 41st Street in Murray Hill, Manhattan

7:30 am on September 13, 2021 By Michael Young

Construction is nearing topping out on Turken House, a 21-story mixed-use building at 300 East 41st Street in the Midtown, Manhattan neighborhood of Murray Hill. Designed by Perkins + Will for a non-profit company called The Turken Foundation, which provides Turkish students with help obtaining scholarships and job opportunities in the United States, the nearly 80,000-square-foot structure will stand 227 feet tall and yield 82 turnkey residences with both single- and double-occupancy quarters. The ground-up edifice is located at the corner of East 41st Street and Second Avenue, near both the United Nations and Grand Central Terminal, and was previously the site of two low-rise properties that were purchased for a combined $17.5 million prior to demolition. Turken House is aiming for LEED Certification with a program goal of LEED Silver Certification. Fast Track Construction is listed as the general contractor for the project.

417 Park Avenue Begins Demolition In Midtown East

7:30 am on September 12, 2021 By Michael Young

YIMBY last covered 417 Park Avenue back in July 2020, when demolition permits for the 14-story, 29-unit residential co-op building were fully filed. GDS Development (GDSNY) is the owner of the building that stands on an 8,725-square-foot site and was originally built in 1916 with two cellar levels and a penthouse atop the 143-foot-tall edifice. The Midtown East property is located at the corner of Park Avenue and East 55th Street and is directly south of Foster + Partner‘s topped-out and nearly complete 425 Park Avenue. GDSNY and Klövern AB previously paid $184 million to purchase all the units, and the demolition of the current structure will make way for an office tower with a floor area ratio of 25, or nearly 220,000 square feet under Midtown East Rezoning regulations.

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