Demolition is underway at 123-141 West 57th Street, the site of a forthcoming 26-story, 185,000-square-foot office tower along Billionaires’ Row in Midtown, Manhattan. The site is located between Sixth and Seventh Avenues, surrounded by Christian de Portzamparc’s One57 and SHoP Architects‘ 111 West 57th Street. It was recently reported that Alchemy Properties and ABR Partners closed a $120 million deal to purchase the property, which was owned by Calvary Baptist Church and includes the adjacent 16-story, 153-foot-tall Salisbury Hotel. ABR Partner’s equity partner, Cain International, had brought on Security Benefit Life as the new lender. The total construction cost for the project is estimated to be roughly $350 million.
The Upper West Side’s top-selling new development, 200 Amsterdam, has shared with YIMBY that a new penthouse designed by Studio Mellone will be unveiled in the coming months. As a part of the building’s Penthouse Collection, the residence sits amongst the top floors of the 52-story, 668-foot-tall, 112-unit, and 300,000-square foot condominium tower, which is located on the corner of 69th Street and Amsterdam Avenue. The Art Deco-inspired tower was designed by Elkus Manfredi Architects, and developed by SJP Properties and Mitsui Fudosan America, with interior spaces by CetraRuddy. Closings are underway, and prices for available one- to five-bedroom residences starts at $3.1 million. The Penthouse Collection includes full-floor and duplex residences beginning at $17.9 million.
Construction is complete on The Riverview, a ten-story condominium building at 219 Hudson Street in Hudson Square. Designed by Rawlings Architects and developed by Joel Braver, the property will yield 14 units, ground-floor retail space, and a community facility at the intersection of Hudson and Canal Streets, just to the west of the entrance to the Holland Tunnel.
Finishing touches are underway on the Tin Building, a three-story commercial market building at 95 Marginal Street on Pier 17 in the South Street Seaport District. Designed by SHoP Architects and developed by Howard Hughes Corporation with Plaza Construction as construction manager, the 53,000-square-foot structure will house a new seafood-themed market by Jean-Georges Vongerichten. The steel-framed low-rise building is located to the east of South Street and the elevated FDR Drive, directly to the west of SHoP’s Pier 17 structure, which features multiple restaurants and bars and has hosted many events on its expansive outdoor rooftop since its completion several years ago.
Construction has topped out on 63 Pitt Street, a 12-story residential building on Manhattan’s Lower East Side. Designed by Frank Quatela Architects and developed by Prosper Property Group, the reinforced concrete structure will yield 56,589 square feet with 59 rental apartments. First Standard Construction Inc. is the general contractor for the property, which is located between Delancey and Rivington Streets.