A lot of progress has been made on 368 Third Avenue in Kips Bay since YIMBY’s last visit in mid-June, when excavation was still ongoing for the 35-story mixed-use residential tower. Today, the reinforced concrete structure is approaching the halfway mark and is gaining increasing prominence over the surrounding neighborhood. The 388-foot-tall, 145,000-square-foot structure is located between East 26th Street and East 27th Street and is being designed by SLCE Architects. Minrav Development purchased the site from Continental Ventures and Itzhaki Acquisitions for $64 million. The development will yield 100 apartments, averaging around 1,110 square feet apiece.
The first renderings have been released of a new co-living residential and hotel development, which will consist of two ten-story buildings and one four-to-six story building at 1215 Fulton Street in the Bedford-Stuyvesant neighborhood of Brooklyn. Time Square Development Group and Time Square Construction Inc. have partnered on the development and construction of the 219,185-square-foot property, which is located between Bedford Avenue and Arlington Place. Time Square Development Group and London-based The Collective purchased the lot, as well as the adjacent 10 and 16 Halsey Street lots, earlier this year.
Permits have been filed for a seven-story mixed-use building at 19 Somers Street in Bed-Stuy, Brooklyn. Located between Fulton Street and Rockaway Avenue, the lot is one block west of the Rockaway Avenue subway station, serviced by the A and C trains. Cohen Joseph under the Mono LLC is listed as the owner behind the applications.
OKO Group has released renderings of its partial conversion of the Crown Building at the corner of Fifth Avenue and 57th Street, which is well underway with lofted scaffolding and a hoist structure fully operational above street level. As announced earlier this year, the property will debut as Aman New York, featuring residences and a hotel spanning the building’s fourth through 24th floors.
Permits have been filed for a four-story residential building at 64 North 8th Street in Williamsburg, Brooklyn. Located between Wythe Avenue and Kent Avenue, the lot is four blocks from the Bedford Avenue subway station, serviced by the L train. William Lika of The Lika Organization is listed as the owner behind the applications.