Construction is wrapping up on 232 East 54th Street, a 420-foot-tall residential tower in Midtown East. Located between Second and Third Avenues, the 40-story structure is designed by Ismael Leyva Architects and Elk Investors is listed as the developer, though YIMBY last reported that ownership may have fully transferred to Mossanen Group under the East 54th Street Properties LLC.
Façade installation is nearing the pinnacle of 3 Sutton Place, a 847-foot-tall residential skyscraper at 430 East 58th Street in Midtown East. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate with Stephen B. Jacobs Group as the executive architect, the 62-story tower is located between Sutton Place South and First Avenue and will yield 121 residential units with sweeping views of the Manhattan skyline and the nearby East River. The site is a short walk from the waterfront and the Sutton Place Park North esplanade.
Exterior work is nearing completion on 120 Water Street, a 28-story Hotel Indigo in the Financial District. Designed by Gene Kaufman Architects and developed by Atlas Hospitality, the 52,000-square-foot structure is located along Water Street between Pine and Wall Streets and will yield 128 rooms managed by Fortuna Realty Group.
The final pieces of the glass curtain wall and gray paneling are being installed on 425 Park Avenue, a 897-foot-tall commercial skyscraper in Midtown East. Designed by Norman Foster of Foster + Partners for L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 47-story building will yield around 667,000 square feet largely dedicated to offices, as well as a ground-floor restaurant run by Chef Daniel Humm, proprietor of the Three Michelin-starred Eleven Madison Park. The property is bound by Park Avenue to the west, East 55th Street to the south, and East 56th Street to the north, and is expected to achieve LEED-Gold certification and debut as the city’s first WELL-certified building.
Construction is complete on 21-59 44th Drive, a six-story mixed-use building in Long Island City, Queens. Designed by Z Architecture, the rectilinear reinforced concrete structure yields 20 residential units, 2,600 square feet of ground-floor retail space, and 361 square feet of community facilities on a plot of land bound by 44th Drive to the south and 23rd Street to the east.