Retail

Exterior work is progressing on 300 East 50th Street, a 23-story residential building in the Turtle Bay section of Midtown East, Manhattan. Designed by BKSK Architects and developed by MAG Partners in collaboration with Global Holdings, KRW Realty Advisors, Krown Point, and Safanad, the 275-foot-tall structure will span 170,000 square feet and yield 194 units, with 30 percent allocated to affordable housing, as well as ground-floor retail space, a cellar level, and a 30-foot-long side yard. 300 East 50th Street Owner LLC is listed as the owner and Urban Atelier Group is the general contractor for the property, which is located at the southeast corner of Second Avenue and East 50th Street.

Construction has topped out on 126 East 57th Street, a 28-story residential tower on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall structure will yield 147 condominium units with an average scope of 1,156 square feet, as well as 5,000 square feet of lower-level retail space. ODA is also serving as the interior designer for the property, which is located at the corner of East 56th Street and Lexington Avenue with a narrow panhandle extension to East 57th Street.