Earlier this year, Friedland Properties acquired financing for their 17-story, 230-unit residential building planned at 7 West 21st Street, in the Flatiron District. Now, the project has topped out, as seen in the above photos, courtesy of Tectonic. The block-thru development has street exposure on West 22nd and 21st Streets, and 8,210 square feet of retail space is planned on the ground floor. Fifty-eight of the residential units will rent at below-market rates. Morris Adjmi Architects designed the building, and completion is expected in 2016.
With the soon-to-be 777-foot-tall 45 East 22nd Street now climbing quickly into the Flatiron District’s skyline, YIMBY sat down with developer Bruce Eichner to discuss the building’s progress, the surrounding neighborhood’s rapid evolution, as well as what else might be on the horizon for Continuum. YIMBY in bold.
Back in April of 2014, YIMBY reported on the first new building applications for the development site at 55 West 17th Street. And now, we have the first renderings for the project, which is being designed by Morris Adjmi Architects, and developed by Toll Brothers City Living.
In October 2014, YIMBY reported on permits filed for a 16-story, 16-unit condominium building at 10 West 17th Street, in the Flatiron District, and then the LPC approved the plans the following December. Now Bhatia Development and Sherwood Equities have landed $48 million in financing from CIT, according to Commercial Observer. An existing three-story building must first be demolished, but construction is expected to begun early in 2016 for a mid-2017 completion. Beyer Blinder Belle is designing.
The new condominium project under construction at 45 East 22nd Street is already making significant headway, and YIMBY posted an update of the tower’s progress only a few weeks ago. But a tipster has sent along a photo of new signage that has just gone up along the construction fencing, and we also have a fresh rendering of what the 777-foot tall building will look like, viewed with its neighbors along Madison Square Park.