Back in December, YIMBY reported that work had appeared to stall for The Perelman Performing Arts Center at the World Trade Center, in the Financial District. While things have appeared to remain in-stasis since then, news has now broken that Governor Cuomo has officially allowed construction of the new PAC. That means work should soon begin again on the site, and may partially explain the delays seen over the past few months.
Articles by Nikolai Fedak
It was only back in October that YIMBY reported on 53 West 53rd Street’s surpassing its 50th floor. Now, the supertall residential tower designed by Jean Nouvel is just about to top-out, with an estimate that formwork should be complete by early March, as the last concrete is poured above the 1,000-foot mark for the iconic skyscraper.
The blocks of Midtown West feature some of the largest new developments of any neighborhood in the Five Boroughs, with the Moinian Group’s Sky containing the most apartments of any tower in the city, with over 1,100 in all. But just a few blocks to the northeast, the developer is nearing completion on a slightly smaller 164-unit building at 572 Eleventh Avenue, which will officially be named Oskar, and has now launched its teaser website.
Yesterday, major news was announced regarding Mary Anne Gilmartin’s departure from Forest City Ratner, as she joined forces with Robert Lapidus and David Levinson to form L&L MAG, a new venture that will draw on the talents of all three executives and a host of other talent. The firm also launched its new website, which features a fresh rendering of the full build-out of the Pacific Park mega-project, surrounding Barclay’s Center in Downtown Brooklyn, which has undergone substantive changes to its final appearance, including the addition of what could become one of the neighborhood’s tallest towers.
The West Side’s building boom has been nothing short of transformative over the past few years, resulting in two new residential buildings of over 1,000 units apiece. While The Moinian Group’s Sky opened in 2016, TF Cornerstone’s 606 West 57th Street is also closing in on the finish line. With leasing expected to begin in a few months, YIMBY has word that the tower has officially been named The Max, in honor of Max Elghanayan.