Silverback Development

131-141 East 47th Street Tops Out Over Midtown East, Manhattan

8:00 am on May 11, 2022 By Michael Young

Construction has topped out on 131-141 East 47th Street, a 34-story residential skyscraper in Midtown East. Designed by Ismael Leyva Architects and developed by Lex 47th Property Owner LLC, the 500-foot-tall structure will yield 191 condominium units in studio to two-bedroom units, as well as 5,000 square feet of ground-floor retail space. Hopson Development Holdings is developing the site, which was purchased from the original developers, New Empire Real Estate. Silverback Development was brought onto the project in 2020 but is now no longer part of the building. Structure Tech New York and Cauldwell Wingate are in charge of building the project, which is located between Lexington and Third Avenues.

131-141 East 47th Street’s Superstructure Climbs Above Midtown East, Manhattan

8:00 am on January 17, 2022 By Michael Young

Construction has reached the halfway point on 131-141 East 47th Street, a 34-story residential skyscraper in Midtown East. Designed by Ismael Leyva Architects and developed by Silverback Development, the 500-foot-tall structure will yield 200 apartments ranging from studios to two-bedroom units as well as 5,000 square feet of ground-floor retail space with frontage along West 47th Street. Silverback was brought onto the project by Hopson Development Holdings, which purchased the rectangular parcel for $115 million in December 2019 from the original developers, New Empire Real Estate. Structure Tech New York and Cauldwell Wingate are in charge of building the project, which is located between Lexington and Third Avenues.

131-141 East 47th Street Rises Above Street Level in Midtown East, Manhattan

8:00 am on August 18, 2021 By Michael Young

Construction is now above street level on 131-141 East 47th Street, a 500-foot-tall residential skyscraper in Midtown East. Designed by Ismael Leyva Architects and developed by Silverback Development, the 34-story structure will yield 200 apartments ranging from studios to two-bedroom units as well as 5,000 square feet of ground-floor retail space with frontage along West 47th Street. Silverback was brought onto the project by Hopson Development Holdings, which purchased the parcel for $115 million in December 2019 from the original developers, New Empire Real Estate. Structure Tech New York and Cauldwell Wingate are constructing the building.

New Rendering Reveals 141 East 47th Street’s Art Deco-Inspired Details in Midtown East, Manhattan

8:00 am on April 12, 2021 By Michael Young

A new rendering has been revealed for 141 East 47th Street, a 35-story residential tower in Midtown East. Excavation is underway for the 183,310-square-foot project designed by Ismael Leyva Architects and developed by Silverback Development. The latter was brought on by Hopson Development Holdings, which previously purchased the parcel for $115 million in December 2019 from the original developers, New Empire Real Estate. The property will contain a mix of studios through two-bedroom units averaging around $1.5 million apiece, as well as 5,000 square feet of ground-floor retail space.

Excavation Begins at 141 East 47th Street in Midtown East

7:30 am on December 22, 2020 By Michael Young

Excavation is underway at 141 East 47th Street, the site of a 35-story residential tower in Midtown East. The 183,310-square-foot project is designed by Ismael Leyva Architects and developed by Silverback Development. The latter was brought on by Hopson Development Holdings, which purchased the parcel for $115 million in December 2019 from the original developers, New Empire Real Estate. Located between Park Avenue and Lexington Avenue, the development is set to yield 200 units and cost $250 million.

Hero LIC Stands Completed at 24-16 Queens Plaza South in Long Island City, Queens

8:00 am on August 11, 2020 By Michael Young

Construction is complete at Hero LIC, a 22-story condominium building at 24-16 Queens Plaza South in Long Island City, Queens. Designed by Woods Bagot Architects and developed by Silverback Development, the 284-foot-tall tower features a striking Art-Moderne design and contains a mix of studios, one-, and two-bedroom layouts, many of which offer private balconies. The Serhant Team at Nest Seekers International is handling the sales and marketing for the 109 units.

Excavation Underway at 359 Second Avenue in Gramercy, Manhattan

7:30 am on April 19, 2020 By Michael Young

Excavation is underway at 359 Second Avenue in Gramercy, site of a 13-story mixed-use residential building from Issac & Stern Architects and Silverback Development. Located on the corner of East 21st Street and Second Avenue, the structure will stand 145 feet tall and yield 97,193 square feet.

Permits Filed for 359 Second Avenue in Gramercy, Manhattan

6:30 am on August 19, 2019 By Vanessa Londono

Permits have been filed for a 13-story mixed-use building at 359 Second Avenue in Gramercy, Manhattan. Located on the corner of East 21st Street and Second Avenue, the lot is about five blocks from the 23rd Street subway station, serviced by the 6 train. Silverback Development is listed as the owner behind the applications.

Silverback Development Launches Sales for Hero LIC, at 24-16 Queens Plaza South in Long Island City

7:00 am on July 23, 2019 By Sebastian Morris

In an exclusive reveal, Silverback Development has officially launched sales for Hero LIC, a new condominium building at 24-16 Queens Plaza South in Long Island City, Queens. The Serhant Team at Nest Seekers International will serve as the sales and marketing agent for the property.

24-16 Queens Plaza South’s Facade Making Headway in Long Island City

7:30 am on May 26, 2019 By Michael Young

The Art Moderne-inspired facade of 24-16 Queens Plaza South is starting to show progress. The tower is already topped out at 23 stories, and stands next to the elevated 7 train in Long Island City. Silverback Development is the developer of the residential project. The building was previously purchased from Greystone Development at a cost of $80 million. The acquisition calls for a conversion from rentals to condominiums.

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