Retail

NoMad’s First Planned Supertall At 262 Fifth Avenue Appears Stalled, in Midtown Manhattan

8:00 am on January 2, 2019 By Michael Young

Situated at the southwestern corner of Fifth Avenue and West 29th Street is the site of a proposed 1,009-foot condominium tower, known as 262 Fifth Avenue. Renderings were first released in late 2017, showing the very skinny and slender residential building towering over NoMad and Midtown South. Composed of a mix of glass and aluminum walls, the supertall would certainly stand out on the skyline for its height and profile. After the DOB approved plans back in October of 2017, the site was quickly cleared of the previously extant low-rise buildings, however, activity has come to a grinding halt since then. Boris Kuzinez of Five Points Development is developing the tower, while the architect is Meganom, a Russian design firm from Moscow.

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Virgin Hotel at 1225 Broadway Close To Topping Out Above NoMad

7:30 am on January 1, 2019 By Michael Young

Located at 1225 Broadway between West 29th Street and West 30th Street and between Sixth Avenue and Broadway, a new Virgin Hotel is set to rise 476 feet above NoMad. The project will have nearly 300,000 square feet of space, with 460 hotel rooms and 90,000 square feet of retail in the tower’s podium. The building is being designed by VOA Associates and developed by the Lam Group. Sir Richard Branson of Virgin Group is in charge of the 38-story hotel management.

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Central Park Tower Approaches 1,550-Foot Pinnacle, Nears Tallest Roof Height in New York City & The Western Hemisphere

8:00 am on December 31, 2018 By Michael Young

Wrapping up the year and YIMBY’s construction countdown, it comes as no surprise that Extell‘s Central Park Tower tops the list. The supertall will soon become New York City’s tallest residential building, and it will also have the highest roof of any structure in the Five Boroughs. The 1,550-foot-tall tower is being designed by Adrian Smith + Gordon Gill Architecture. The site has previously gone by its address, 217 West 57th Street. The building has now surpassed its 90th floor, and currently stands over 1,300 feet atop 57th Street.

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TSX Hotel at 1568 Broadway Prepares For 2019 Demolition in Times Square

7:30 am on December 31, 2018 By Michael Young

While the flashing marquee lights and LED billboards of 1568 Broadway continue to brighten the crossroads of the world, the light bulbs and digital screens will one day turn off as the building prepares for demolition. Plans for the DoubleTree Suites by Hilton call for an entirely new 46-story, 550,000 square foot building dubbed TSX Broadway. The 106-year old Palace Theatre will be the only part of the original site to be preserved, structurally elevated, and integrated into the $2.5 billion dollar redevelopment. L&L Holding Company, Maefield Development, and Fortress Investment Group are the developers who purchased the site for $450 million dollars.

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“The Standard” Passes Halfway Mark at 251 Northern Avenue in New Rochelle, New York

6:30 am on December 30, 2018 By Michael Young

Now almost at its tenth floor, “The Standard” is on its way to an imminent 14-story pinnacle above New Rochelle. The upcoming residential building is located at 251 Northern Avenue, and began construction earlier this year. The project is being developed by the Cappelli Organization. The groundbreaking ceremony was held in April, and construction has progressed swiftly over the past eight months.

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