Construction on VU, aka 368 Third Avenue, continues to move forward as the new condominium development gets ready to launch sales in the coming months. It is the tallest new residential building in the vicinity at 410-feet-tall and features a 36-story reinforced concrete structure. VU is located in the Manhattan neighborhood of Kips Bay and provides unobstructed views of Midtown, Lower Manhattan, and the East River. The interiors and amenities are designed by Paris Forino and SLCE is the architect. Developed by Minrav Development, the 145,000-square-foot superstructure will yield 100 apartments which will include studios to three-bedrooms. YIMBY recently got to check out the building.
Exterior work is moving along on The Prime, a 120,000-square-foot mixed-use project at 22-43 Jackson Avenue in Long Island City, Queens. Progress has been gradual since our last update in September, when the 11-story building had just recently topped out. Designed by SRA Architecture + Engineering and developed by Circle F, the structure features a curtain wall composed of a contrasting mix of white and gray paneling, which his now almost complete. Ryan Serhant of The Serhant Team and Bravo’s Million Dollar Listing: New York fame is marketing the 71 residences, which feature interior design by Andres Escobar of Lemay + Escobar and will average around 900 square feet apiece.
It appears that work is on hold at 21-16 44th Drive, aka 21-18 44th Drive, a mixed-use property in Long Island City, Queens. Construction only reached the sixth floor and still has two more levels to go before topping out. Designed by C3D Architecture and developed by Amsterdam Hospitality, the project is slated to yield a mix of ground-floor retail space, 40 hotel rooms measuring around 250 square feet each, and 29 homes averaging just under 700 square feet apiece. YIMBY last reported on the project in August 2015, when permits were filed for its construction.
The City of Yonkers is set to launch one of its largest investment initiatives to transform the downtown center into a vibrant mixed-use hub of commerce and residency. New developments will be primarily located at the confluence of the Hudson and Saw Mill Rivers.
The two-tower 5Pointz complex is in the final stages of construction at 22-44 Jackson Avenue in Long Island City, Queens. Designed by HTO Architects and developed by G&M Realty, the 1.21-million-square-foot development stands on the site of the former 5Pointz warehouse, which was a mecca for graffiti and street art. Mojo Stumer Associates designed the buildings’ interiors, which will feature artistic homages to the site’s cultural past.