Fisher Brothers

101 Murray Bites the Dust and 111 Murray Street Rises Skyward in Ever-Changing West Tribeca

As befitting one of the planet’s key engines of economic and cultural motion, New York City exists in a state of constant change. This is particularly true for the city’s older, centrally located neighborhoods, such as TriBeCa. Over the past two centuries, its western portion along West Street has been repeatedly transformed beyond recognition, particularly by the 1960s urban renewal program that completely cleared dozens of formerly-vibrant blocks. But even there, a 32-year building life span is short by any measure.

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225 East 39th Street

36-Story, 372-Unit Residential Building Rises At 225 East 39th Street, Murray Hill

In 2014, YIMBY revealed renderings of the planned 36-story, 372-unit residential building at 225 East 39th Street (a.k.a. 222 East 40th Street), in Murray Hill, and then foundation work began last summer. Thanks to photos by Tectonic, we can see the structure is now 16 stories above street level and rising. When the building is completed in the spring of 2017, it will encompass 373,248 square feet, with 343,187 square feet being used as residential space. The rental apartments will average 922 square feet apiece, and amenities include a fitness facility, children’s playroom, lounges, a café, a library, a courtyard garden, and a 35th-floor rooftop deck. Twenty percent of the apartments will rent at below-market rates. Fisher Brothers is developing the project and Handel Architects is designing it.


Ziegfeld Theater

Ziegfeld Theater To Be Converted Into An Event Venue At 141 West 54th Street, Midtown

The Ziegfeld, a 1,300-seat, single-screen movie theater at 141 West 54th Street, between Sixth and Seventh avenues in Midtown, is expected to be transformed into an event venue, according to the New York Post. The converted building, to be renamed Ziegfeld Ballroom, will offer a column-free, 10,000 square-foot ballroom, meetings rooms on a mezzanine level, and “advanced electronic facilities.” The well-known movie theater will close within the next few weeks, at which time its tenant, Cablevision, will cut operations. The conversion is expected to be complete in 2017. Fisher Brothers is the building’s leaseholder.


225 East 39th Street

Foundation Work Underway For 36-Story, 372-Unit Residential Building At 225 East 39th Street, Midtown East

Permits were filed early last year for a 36-story, 372-unit residential building at 225 East 39th Street/222 East 40th Street, in Midtown East, and YIMBY later revealed renderings of the project that summer. Since then, a six-story garage was demolished, and now foundation work is underway, per Curbed. The rental units — 20 percent of which will be let at below market rates — will spread across 343,187 square feet of space, with units averaging 922 square feet apiece. Fisher Brothers is developing, and Handel Architects is designing, with completion expected in 2017.



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