Residential

45 Park Place

45 Park Place Gets Ready to Rise, Tribeca

One block west of Downtown’s tallest residential building at 30 Park Place, another condominium tower is finally getting ready to rise. YIMBY reported on 45 Park Place’s initial building applications back in May of 2014, but it has taken three years to navigate both planning and financing. Now, foundation work is making headway, signaling the skyscraper should begin its ascent within the next few months.

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401 West Street

Permits Filed for 401 West Street, West Village

Back in 2013, Curbed reported that Sandy’s damage had been sufficient to bulldoze an existing structure at 401 West Street, on the western edge of the West Village. Now, new building applications have been filed for the site by Hill West Architects, for a seven-story and 11-unit project totaling almost 15,000 square feet of residential space. That will translate into an average unit size of almost 1,400 square feet, which is almost a sure sign of condominiums. Denis Astakhov of 401 West Property Owner LLC is listed as the developer (aka Galahad Advisers).

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1669 East 14th Street

Permits Filed for 1669 East 19th Street, Madison, Brooklyn

A few blocks east of the Kings Highway stop on the B and Q trains, new building applications have been filed for 1669 East 19th Street, just to the west of the official boundary for Brooklyn’s Madison neighborhood. The eight-story residential structure will span 19,540 square feet, which will be divided amongst 29 units, averaging under 700 square feet apiece. That means rentals are likely. Genaro Ureata of Studio Gallos is listed as the architect, and Gavriel Sakaff of Agam Development, LLC, is developing.

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138 East 50th Street

Ceruzzi’s 138 East 50th Street Climbs Past 40th Floor On Way to 800-Foot Pinnacle, Midtown East

The blocks surrounding the intersection of 50th Street and Lexington Avenue contain some of the densest real estate in all of Manhattan. Nothing makes that more evident than the new skyscraper being developed by Ceruzzi Properties at 138 East 50th Street, which will eventually stand 800 feet to its rooftop. The latest photos from Tectonic show that the tower has now passed its 40th floor, yet it will still take another few months before it begins to become visible on the Midtown skyline.

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