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.
There will be 2,710 square feet of ground-floor retail space, followed by residential units on the second through 24th floors. The apartments will all be rentals and should average 833 square feet apiece. Skyline Developers is behind the project and Gene Kaufman’s SoHo-based architecture firm is the architect. Completion is expected in 2018.