Earlier this month we released a brief update on Times Development’s 44-unit residential building at 27-05 41st Avenue in Long Island City. Today, we take a closer look at the six-story project that straddles the line between the high-rise Queens Plaza district to the south and the low-rise Dutch Kills neighborhood to the north. Structural steel has risen to the second level, while gray brick cladding already wraps around ground level columns. The project is designed by architect Michael Kang, who is also behind the nearby hotel at 40-47 22nd Street. Yan Po Zhu of Flushing-based River Bridge Tower LLC is listed as the owner. 6,970 square feet of ground level retail will contribute to the budding shopping corridor along the avenue.
Foundation work is underway on the 24-story, 62-unit mixed-use building under development at 1050 Sixth Avenue, located between West 39th and 40th streets in Midtown near Bryant Park. The progress can be seen thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the project will measure 62,886 square feet and stand 299 feet to the top of its bulkhead.
Construction is now occurring above ground level on the 63-story, 483-unit mixed-use tower under development at 118 Fulton Street, located on the corner of Dutch Street in the Financial District. The progress can be seen thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the tower, dubbed 19 Dutch, will encompass 595,140 square feet and rise 758 feet above street level. That’s a significant height increase from the summer, when a 49-story tower was planned.
JHG Holdings has acquired, for $50.4 million, the Parish of St. Vincent de Paul at 123 West 23rd Street and the four-story tenement buildings at 116-120 West 24th Street, in Chelsea. The developer also owns the four-story hotel at 131 West 23rd Street, The Real Deal reported. The assemblage’s footprint measures 17,968 square feet and plans are already on file for a 35-story residential-hotel project.
Vertical construction is moving full steam ahead on the 42-story, 452-key EDITION hotel (by Marriott) under development at 701 Seventh Avenue. That’s on the corner of West 47th Street in the heart of Times Square. The progress can be seen thanks to a photo posted to the YIMBY Forums. The tower, dubbed 20 Times Square, will rise 517 feet above street level and will contain 269,769 square feet of commercial space, according to the latest building permits. Retail space will be located on two cellar levels and the ground through fourth floors. Actual hotel rooms will be located on the 14th through 40th floors.