Workers are forming the reinforced concrete columns and floor slabs for 249 East 50th Street as construction has risen above street level in Midtown East. The 15-story, 151-foot-tall residential project is designed by Isaac Stern and is being developed by Tun Kyaw, who purchased the land for $17 million.
Extell, the developer behind some of the most prominent projects in New York City such as Central Park Tower, One57, Brooklyn Point, and One Manhattan Square, recently filed demolition permits for two four-story structures at 724 and 726 Eighth Avenue. Located at the busy corner of West 45th Street and Eighth Avenue, the block-wide development stirred interest in early 2018 when a concept proposal was release. YIMBY last reported on the Midtown West site when it was addressed as 265 West 45th Street.
Installation of 40 Bleecker Street‘s warm-colored brick façade has begun behind the black construction netting and scaffolding that cover the NoHo property. Designed by Rawlings Architects and developed by Broad Street Development, the 12-story residential building topped out in early 2019. Ryan Korban is the interior designer of the development’s 61 units, and Edmund Hollander Design is the landscape architect. A mix of one- to five-bedroom homes will come with the project. Fredrik Eklund of Bravo TV show Million Dollar Listing New York, John Gomes, and Sarah Burke are on the Douglas Elliman Development Marketing team in charge of sales and marketing.
Excavation and work on the foundation walls is underway at 323 East 61st Street on the Upper East Side, where a new six-story community facility is set to rise. Located a couple blocks away from the Queensboro Bridge, the building will stand 74 feet tall and yield 61,740 square feet, with 49,750 square feet dedicated to community facilities. The structure is designed by Daniel Goldner Architects, while LaSalle Investment Management and William Macklowe Company are the owners. Memorial Sloan Kettering is leasing all the space.
The second tower of the Journal Squared complex, aka 537 Summit Avenue, is rising rapidly and will soon surpass the adjacent 574-foot-tall, 53-story building, which was the first completed segment of the upcoming trio of residential skyscrapers. The Jersey City property is designed by HWKN/Hollwich Kushner and Handel Architects and developed by Kushner Real Estate Development. The second phase of Journal Squared will rise 759 feet, yield 700 units, 18,000 square feet of retail space, and feature a gross floor space of roughly 1,000,000 square feet.