Construction is two stories above street level on a 62-story, 426-unit mixed-use tower under development at 242 West 53rd Street, in Midtown. Work is underway on the base of the building, as seen in photos posted to the YIMBY Forums. The latest building permits indicate the project will encompass 542,276 square feet and rise 674 feet to its roof, not including the bulkhead and other mechanical equipment. There will be 16,514 square feet of ground-floor retail space. The residential units above should average 1,024 square feet apiece, although it’s unclear whether they will be condominiums or rentals. Algin Management is the developer and CetraRuddy is behind the architecture. Completion is expected in 2018.
Windows are going in on the 21-story residential project at 221 West 29th Street between Seventh and Eighth avenues in Chelsea, near the northern border with the Garment District. Tectonic swung by the site recently and brought back some shots of the progress.
Construction has topped out on the 12-story, 16-unit mixed-use building under development at 1 Great Jones Alley, which also goes by 688 Broadway, in NoHo. A photo of the structure has been posted to the YIMBY Forums. The latest building permits indicate the project will encompass 60,854 square feet and rise 154 feet above street level to its pinnacle. There will be 3,838 square feet of retail space across the ground and cellar levels, followed by condominiums from the second through 12th floors. The apartments should average a spacious 2,930 square feet apiece. Madison Realty Capital is the developer and BKSK Architects is behind the design. HMWhite is the landscape architect and completion is expected in the first half of 2017.
The industrial area near downtown Flushing may have escaped a rezoning from the city, but developers are still eyeing the warehouses and building supply stores for future high-rises. One of those builders has filed plans for a 12-story, mixed-use development at 133-34 36th Road, a few blocks from the Main Street stops on the 7 train and the Long Island Railroad.
Phoenix Realty Group and Artimus Construction have acquired a 52-year ground lease for the development site at 147-07 94th Avenue in downtown Jamaica. The property was valued at roughly $34 million, and the development teams plan to build a mixed-use project with residential units and commercial-retail space. The residential units will be a mix of market-rate and affordable apartments.