Residential

118 East 59th Street Appears to Be Manhattan’s First Major Casualty of Chinese Capital Crackdown, in Midtown East

The last update YIMBY had for 118 East 59th Street was back in July of 2015, when the SCDA Architects-designed tower launched its promotional website and renderings. Now, the Midtown East site has been cleared of the previous buildings that once stood, and is a partially excavated open pit, replete with its own lake and new surrounding greenery. Permits were filed for the 470-foot, 38-story residential tower back in September 2014. SLCE Architects is the architect of record, while SCDA is designing both the exterior and the interiors of the 29 residential units that were expected to span around 2,400 square feet each. The developer of the project is Hong Kong-based Euro Properties, however, given the site’s current condition three years after groundbreaking was anticipated, current plans may be scuttled.

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265 Broadway

Gene Kaufman-Designed Skyscraper at 265 Broadway Appears Stalled in Lower Manhattan

A 510-foot-tall mixed-use tower designed by Gene Kaufman Architect was proposed for 265-267 Broadway a few years ago, and recently YIMBY checked in for an update on progress, or lack thereof. The Roe Corporation is the developer for the 144,244 square foot site, which is expected to rise a decent height above the surrounding Lower Manhattan skyline once complete. However, with no demolition yet evident, it appears this development may be as dead as a Thanksgiving turkey.

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