A lot of progress has been made on 368 Third Avenue in Kips Bay since YIMBY’s last visit in mid-June, when excavation was still ongoing for the 35-story mixed-use residential tower. Today, the reinforced concrete structure is approaching the halfway mark and is gaining increasing prominence over the surrounding neighborhood. The 388-foot-tall, 145,000-square-foot structure is located between East 26th Street and East 27th Street and is being designed by SLCE Architects. Minrav Development purchased the site from Continental Ventures and Itzhaki Acquisitions for $64 million. The development will yield 100 apartments, averaging around 1,110 square feet apiece.
The reinforced concrete superstructure of 555 West 22nd Street has quickly reached the tenth floor in Chelsea, and work shows no signs of slowing down. These large lower floor plates take up nearly the entire span of the property, while the next 16 floors will be smaller and form the main tower. Robert A. M. Stern Architects is the designer and Related Companies is the developer of the 26-story condominium project. SLCE Architects is serving as the architect of record. This will become the second Chelsea residential project for Robert A.M. Stern’s design firm and will contain a total of 39 units, averaging around 2,245 square feet apiece.
Developers and city officials recently gathered at 405 Dumont Avenue to celebrate the commencement of construction on a new 100-percent affordable housing project. The development is known as Van Dyke III and is situated within the Van Dkye Houses campus in Brownsville, Brooklyn.
The residential conversion of One Wall Street is continuing above the streets of the Financial District and is the largest office-to-condominium conversion project in New York City real estate history. Down at street level, work is moving along on the upcoming 44,000-square-foot Whole Foods Market that will open at the corner of Broadway and Exchange Place. The glass curtain wall addition protrudes from the mid-20th century annex of the property and will also include a Life Time fitness center on the second floor. SLCE Architects is the architect of record, and Macklowe Properties is the developer of the $1.5 billion project. CORE is handling sales and marketing of the planned 566 residential units above the new retail space.
Permits have been filed for a 30-story mixed-use building at 232 East Broadway on the Lower East Side, Manhattan. Located between Clinton Street and Montgomery Street, the lot is one block east of the East Broadway subway station, serviced by the F train. Round Square Development is listed as the owner behind the applications.