The reinforced concrete superstructure at 249 East 50th Street is approaching the halfway mark in Midtown East. The 15-story, 151-foot-tall residential building has risen steadily since reaching street level near the end of last summer. The project is designed by Isaac Stern and is being developed by Tun Kyaw, who purchased the land for $17 million.
Construction is nearing completion on the United Arab Emirates’ new consulate at 315 East 46th Street in the Midtown East neighborhood of Turtle Bay. Located just up the street from the future consulate of the Republic of Turkey, the 145-foot-tall, nine-story reinforced concrete structure is designed by Skidmore Owings & Merrill, developed by Fisher Brothers, and is being built by Plaza Construction.
YIMBY last did an article on 338 West 39th Street back in August 2015. Sam Chang, a well-known hotelier in New York City, purchased the 50-foot-wide site for $22,500,000, though permits list Brarone Management as the developer behind the address. Stephen B. Jacobs Group is the designer of the 25-story hotel part of Pestana Hotels, a Portugal-base company. The site is located in Midtown, Manhattan between Eight and Ninth Avenues near a number of other hotel chains that have popped up in the past several years.
Construction on One Boerum Place in Downtown Brooklyn is getting close to topping out. The 21-story mixed-use condominium building is rising from a narrow triangular-shaped parcel bound by Boerum Place, Red Hook Lane, and Fulton Street. The project is designed by SLCE Architects and is being developed by Avery Hall Investments, Allegra Holdings, and Aria Development Group, which acquired a $165 million construction loan from Jutland Finance. The total cost is expected to be around $250 million.
YIMBY checked in on 570 Fulton Street in Downtown Brooklyn, the site of an approved 550-foot-tall mixed-use skyscraper. Designed by Hill West Architects and developed by Slate Property Group, the glass- and metal-clad tower will contain a mixture of market-rate apartments, affordable housing, retail, and office space.