A new Environmental Assessment Study submitted to the Department of City Planning contains the first architectural renderings of a 33-story mixed-use building in Midtown, Manhattan. The proposed development is located at 314 West 43rd Street between Eighth and Ninth Avenues and would contain a mix of retail and residential area.
Skidmore Owings & Merrill has revealed a new set of renderings for Project Commodore, a 1,600-foot supertall office skyscraper that would become the tallest building in Midtown East and the tallest in the Western Hemisphere by roof height. Addressed as 175 Park Avenue, the 83-story project is being developed by RXR Realty and TF Cornerstone and is planned to rise on the site of the 26-story Grand Hyatt New York. The structure will yield 500 Hyatt hotel rooms on the upper floors spanning 453,000 square feet; 10,000 square feet of retail space on the ground and cellar levels; and 2.1 million square feet of office space. The Grand Hyatt New York is currently zoned for 860,000 square feet of development and is bound by 42nd Street to the south, Lexington Avenue and the Chrysler Building to the east, 420 Lexington Avenue to the north, and Grand Central Terminal to the west.
Oster Properties has revealed a multi-million-dollar plan to redevelop a dying shopping center in Westchester County into a mixed-use complex with residential units, a supermarket, and ground-floor retail shops. The property is located at 335 Downing Drive in Yorktown Heights and will debut as Yorktown Green.
Exterior work is finishing up on Maverick, a pair of connected 20-story residential buildings at 215 West 28th Street in Chelsea. Designed by DXA Studio and developed by HAP Investments, the 162,834-square-foot property stands at almost 250 feet tall and consists of 87 condominiums, and 20,000 square feet of ground-floor retail space. The site is located between Seventh and Eighth Avenues at 215 West 28th Street. Douglas Elliman Development Marketing and Fredrik Eklund’s and John Gomes’ Eklund | Gomes team, with Alex Lundqvist as the sales director are handling sales and marketing of the units, which just launched this month. Available one-bedrooms start at $1.3 million, and two-bedrooms at $1.995 million. Prices for three and four-bedroom residences are available upon request.
YIMBY has word that The Joe Tirone Team, an affiliated brokerage group under the Compass umbrella, completed the sale of three adjoining lots that were identified as “Projected Development Site 2” in a proposal to City Planning by Madison Realty Capital late last year. That parcel was envisioned to give rise to a 117,848-square-foot, mixed use building. Madison owns, and will develop, “Projected Development Site 1” in their River North proposal, a multi-faceted mixed-use complex under city review that was formerly known as Liberty Towers, in Staten Island‘s St. George neighborhood.
