In the final days of 2014, YIMBY reported on applications for an eight-story, 114-unit mixed-use building at 435 East 13th Street (a.k.a 432-438 East 14th Street), in the East Village, and nearly a year later, crews demolished the site’s old two-story post office building. Now, EV Grieve has the first glimpse of the project, which will encompass 135,186 square feet and two buildings, per the latest filings. Located on both ends of the block-thru parcel, each building will feature 8,700 square feet of ground-floor retail space. The residential units will average 769 square feet apiece and 20 percent of them will rent at below market-rates. Benenson Capital Partners and Mack Real Estate Group are developing, and SLCE Architects is designing the project. Completion is anticipated for early 2017.
It was in August that YIMBY last brought you a construction update on the two-tower, 974-unit mixed-use development under construction at 43-25 Hunter Street, in Long Island City. At the time, the smaller 14-story building just topped out and the larger building was a story above street level. Fast forward to today and the 50-story portion is now 27 stories in height, exceeding its halfway point, as reported by The Court Square Blog. Curtain wall installation is also well underway on both structures, and work appears to have already transitioned to the interior at the 14-story building. The entire project will encompass 921,592 square feet, although 726,305 square feet will be used as residential space. Units will average 787 square feet apiece and 20 percent of them will rent at below market-rates. In addition, 18,800 square feet of retail space will be located on the ground floor. SLCE Architects is designing and Rockrose Development Corp. is behind the project. Completion is targeted for the summer of 2017.
In the summer of 2015, detail emerged of the planned 34-story, 80-unit condominium building planned at 611 West 56th Street (a.k.a. 823 Eleventh Avenue), in Hell’s Kitchen. Portuguese architect Álvaro Siza is designing the tower, and Wallpaper has the first glimpse of what it will look like. The building will measure over 172,000 square feet and stand 420 feet above street level. Its residential units will come in a variety of configurations, from one-bedrooms to penthouses, and amenities include a landscaped roof garden, a sun deck, swimming pool, spa and fitness center, and entertainment space, among other facilities. Sumaida + Khurana and LENY are the developers, Gabellini Sheppard is designing the interiors, and SLCE Architects is serving as the architect of record. Construction starts this summer, with completion anticipated in 2019. A six-story commercial building must first be demolished.
When we last checked in with 21 West End Avenue back in 2014, only a few stories of the 43-story tower had risen above street level. Now, Dermot Company is putting the finishing touches on the 529-foot-tall building between West 60th and 61st streets, and YIMBY reader Tectonic swung by for a construction update.
Over the summer summer, YIMBY partially revealed renderings for the planned 25-story, 115-unit residential building at 565 Broome Street (a.k.a 100 Varick Street), in Hudson Square. The developers have now secured a $320 million construction loan for the project, according to Crain’s, and Cindat (the U.S. branch of Beijing-based China Cinda Asset Management Co.) also acquired a $135 million stake in the project. The development team – SHVO, Bizzi & Partners Development, Halpern Real Estate Ventures, Aronov Development, and Itzhaki Acquisitions – recently acquired the two-story annex at 555 Broome for $9 million, completing the assemblage.