Retail

YIMBY Scopes Views From Central Park Tower’s $250 Million Penthouse in Midtown, Manhattan

YIMBY recently had the opportunity to check out the views from the penthouse of Central Park Tower, a 131-story supertall residential skyscraper at 217 West 57th Street on Billionaires’ Row in Midtown, Manhattan. Designed by Adrian Smith + Gordon Gill and developed by Gary Barnett of Extell, the 1,550-foot-tall tower yields 179 units including the triplex penthouse, spanning nearly 17,500 square feet. Ryan Serhant of SERHANT is marketing this coveted unit, which hit the market on September 19 for $250 million, the most expensive home ever listed in the United States.

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312 West 43rd Street Rises in Midtown, Manhattan

Construction is rising on 312 West 43rd Street, a 33-story residential building in MidtownManhattan. Designed by Handel Architects and developed by Taconic Partners, the 373,133-square-foot project will yield 330 rental apartments and 40,000 square feet of retail space in the multi-story podium, and will encompass a seven-story extension along West 43rd Street. Triton Construction is the general contractor for the property, which is located between West 42nd and 43rd Streets and Eighth and Ninth Avenues, directly north of the Port Authority Bus Terminal.

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Aerial view of the mixed-income development site along the Bruckner Expressway - Courtesy of the New York City Planning Commission & Bronx Times

Developers Win Mayoral, City Council Support to Construct Four Mixed-Income Buildings in Throggs Neck, The Bronx

Developers recently won support and necessary approvals from New York City Mayor Eric Adams, the City Council Land Use Committee, and local Community Boards to construct four mixed-income, residential buildings in the Throggs Neck section of The Bronx. Located along Bruckner Expressway between Crosby Avenue and Balcom Avenue, the project will create 349 units, including 168 permanently affordable homes, a new supermarket, and 54,000 square feet of unspecified commercial space.

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Excavation Begins for 1,067-Foot Tower at 740 Eighth Avenue in Midtown, Manhattan

Excavation and pilings are underway at 740 Eighth Avenue, the site of a 1,067-foot-tall hotel and observation tower in Midtown, Manhattan. ODA is the design architect, SLCE Architects is the architect of record, and Extell is developing the 52-story supertall skyscraper that will yield 776,000 square feet with an 825-room hotel in the tower base and an upper observatory spanning four floors with a drop ride attraction. The building will also contain retail space, two upper restaurant floors, and a pool deck. The top observatory floor will serve as an exclusive VIP space. Lendlease is listed as the general contractor, WSP is the structural engineer,  and Ancora Engineering is handling the excavation and drilling for the foundations of the property, which is located between West 45th and 46th Streets.

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Foundations Underway at 27-49 Jackson Avenue in Long Island City, Queens

Construction has resumed on 27-49 Jackson Avenue, a 13-story residential building in Long Island CityQueens. Originally designed by Raymond Chan Architect and developed by ARCFE, the project stalled in 2020 after seven floors were built. The project has now resumed under the ownership of 27-51 Jackson Avenue, with an additional superstructure slated to rise directly to the east and connect to the previously built floors. DHC Contracting is the general contractor for the property, which is located at the corner of Jackson Avenue and 42nd Road.

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