Closings are well underway for Adrian Smith + Gordon Gill‘s 1,550-foot-tall, 131-story Central Park Tower at 217 West 57th Street. Located on Midtown‘s coveted Billionaires’ Row, this marks a major step in the final stages of the world’s tallest residential building, which is also the tallest structure in the Western Hemisphere by roof height. Extell is developing the project with an expected $4 billion sellout on the 179 units marketed by Corcoran Sunshine and Extell Marketing Group.
The Landmarks Preservation Commission will tomorrow review proposals from Madison Realty Capital to construct a new 19-story condominium building at 14-16 Fifth Avenue. Designed by Robert A.M. Stern Architects with Hill West, the tower would eventually house 20 units, but will first need a Certificate of Appropriateness from the voting commissioners.
Permits have been filed for a five-story mixed-use building at 671 Hart Street in Bushwick, Brooklyn. Located at the intersection of Central Avenue and Hart Street, the corner lot is one block north of the Central Avenue subway station, serviced by the M train. Louis Yeung under the 169 Central LLC is listed as the owner behind the applications.
Construction is wrapping up on 7 West 57th Street, Solow Realty & Development Group‘s 19-story mixed-use residential project in Midtown, Manhattan. Designed by Hill West Architects with Vidaris as the envelope consultant, the 237-foot-tall structure is located between Fifth and Sixth Avenues on a narrow parcel to the east of developer’s 50-story SOM-designed property at 9 West 57th Street. Solow purchased the site of 7 West 57th Street 15 years ago for $25,550,000.
The affordable housing lottery has launched for 776 Franklin Avenue, a six-story mixed-use building in Crown Heights, Brooklyn. The 14,010-square-foot development is designed by Anthony Desimone Architect and yields ten units. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income, ranging in eligible income from $85,715 to $159,640.