In some good news, a space in Midtown overrun with cars is finally being given back to the pedestrians. Canoe plaza has officially opened, adding a green landscape to the formerly car-blighted lot. Shanti Nagel designed the avenue-long park on 36th Street between 9th and 10th Avenue. The development has occurred thanks to Quandrum Global, owner of the Arlo Hotel brand prominent throughout New York City.
Permits have been filed for an 11-story mixed-use building at 165 Lexington Avenue in Kips Bay, Manhattan. The site is four blocks away from the 33rd Street subway station, serviced by the 6 trains. Lexington Partners, a private equities firm with $38 billion in total assets, will be responsible for the development.
Covered from top to bottom in a sleek facade of curved glass corners, tall windows, and white paneling, ARO is a 738-foot, 62-story residential tower that has risen from the former site of the Roseland Ballroom in Midtown, Manhattan. Located at 242 West 53rd Street between Eighth and Ninth Avenues, the new structure contains nearly 450,000 square feet designed by CetraRuddy Architecture. Algin Management is the developer, and leasing is being led by Triumph Property Group, and has now commenced for the 426 available apartments.
Back in January of 2017, construction at 685 First Avenue had just reached the fifth floor. In just under two years, the tower and façade have topped out, sales have launched, and completion is expected by the end of the year. Sheldon Solow’s Solow Building Company is developing the 42-story minimalist Murray Hill skyscraper.
Located in the heart of Midtown between West 36th Street and West 37th Streets is a new hotel that has topped out at 525 Eighth Avenue. Designed by Gene Kaufman Architect, the 28-story building is being developed by Sam Chang of McSam Hotel Group. There will be 321 rooms covering a total of 96,000 square feet when complete.
