YIMBY checked in on four ongoing projects in Midtown East, Manhattan, including three office-to-residential conversions and one commercial modernization. The projects are located between East 51st and 57th Streets and are representative of the wave of adaptive reuse efforts unfolding across the city to increase the supply of housing and make offices more tenant friendly.
Construction has topped out on Beekman, a 29-story residential building at 401 East 51st Street in the Turtle Bay section of Midtown East, Manhattan. Designed by Selldorf Architects and developed by CBSK Developers, the 358-foot-tall structure will yield 83 condominium units in studio- to three-bedroom layouts, two full-floor penthouses, and an exclusive three-story townhouse with it’s own private garage along East 51st Street, and 3,465 square feet of ground-floor commercial space. The property is alternately addressed as 930 First Avenue and located at the northeast corner of First Avenue and East 51st Street.
The affordable housing lottery has launched for Willow Tree Residences, a 21-story supportive housing building at 225 East 45th Street in Midtown East, Manhattan. Designed by Dattner Architects and developed by Project Renewal, the structure yields 130 residences. Available on NYC Housing Connect are 51 units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $42,275 to $77,760.
Construction is getting closer to completion on Malabar Residences, a 28-story residential tower at 126 East 57th Street in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development, the 346-foot-tall structure will span 140,806 square feet and yield 145 condominium units with an average scope of 971 square feet. The project will also include two lower-level retail spaces spanning 4,114 square feet, and amenities for residents. The property is located at the northwest corner of East 56th Street and Lexington Avenue and includes a narrow panhandle extension to East 57th Street.
RXR Realty has filed permits for 175 Park Avenue, a 95-story mixed-use supertall in Midtown East, Manhattan. Designed by Skidmore, Owings & Merrill and co-developed by TF Cornerstone, the project has been expanded from its last-announced scope of 83 stories. It’s unclear whether the skyscraper’s previous 1,545-foot height will also be revised. The development, formerly dubbed Project Commodore, will replace the existing Grand Hyatt New York and rise adjacent to Grand Central Terminal at the northwest corner of Lexington Avenue and East 42nd Street.