Mixed-Use

Korean Cultural Center of NYC Begins to Rise at 122-126 East 32nd Street in Murray Hill

The Korean Cultural Center of NYC has finally begun to rise at 122-126 East 32nd Street in Murray Hill. The Midtown site, which is located between Lexington Avenue and Park Avenue South, had sat dormant since excavation was completed following the official groundbreaking ceremony in June 2018. The project is designed by SAMOO Architecture PC and developed by Level Group. The Consulate General of the Republic of Korea, NY, purchased the property for $15.8 million in March 2008, including the use of nearly 4,500 square feet of air rights.

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BKSK Architects’ 75 West Broadway Still Appears Stalled in Tribeca

Work has yet to begin at 75 West Broadway, aka 61 Warren Street, a ten-story, 120-foot-tall residential building in Tribeca. The property has sat relatively quiet since YIMBY checked in last summer. Located along West Broadway between Warren Street and Murray Street, the forthcoming project is designed by BKSK Architects and developed by Cape Advisors and Forum Absolute Capital Partners and is set to yield 55,000 square feet.

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