SL Green recently celebrated the commencement of construction at One Madison Avenue, a new 1.4-million-square-foot office building in the Flatiron District. The project entails the expansion and redevelopment of an existing 13-story structure into a 27-story Class A office building.
Permits have been filed for a 31-story hotel high rise at 32 West 48 Street in Midtown‘s Diamond District. Located between Rockefeller Plaza and Sixth Avenue, the interior lot is half a block east of the 47-50 Streets-Rockefeller Center subway station, serviced by the B, D, F, and M trains. Extell is listed as the owner behind the applications.
The sleek, black residential building at 111 Varick Street is nearing completion in Hudson Square. With occupancy expected before the end of the year for the ground-up, 30-story rental tower, marketing has launched the development’s website and first batch of listings. 111 Varick is developed by Extended and designed by S9 Architecture. Compass Development Marketing Group is the exclusive leasing and marketing agent for the 100 residences, a mix of studio, one-, and two-bedroom units. Pricing will begin at $4,000 per month for studio apartments.
A new mixed-use affordable housing property could soon break ground at 261 Walton Avenue in Mott Haven, The Bronx following review by the Department of City Planning. The proposals specify 208,849 square feet of built-up area that would support 206 rental apartments, ground-floor retail, and a cellar-level parking garage for 12 vehicles.
This Turkey Week, YIMBY is taking a look at some of the most prominent projects in the New York City area that have either started and stopped, or stalled altogether. We begin with the American Dream Mall, a project with a notoriously rocky history that is finally seeing light at the end of the tunnel.
