New renderings from smart-building technology development company View, Inc. are the first to reveal an updated design for Sherman Plaza, a mixed-use tower at 4560 Broadway in Inwood, Manhattan. Designed by Handel Architects for developer Arden Group, the 20-story building will comprise 222 rental apartments set atop a four-story podium with retail space and a community facility.
Demolition is progressing at 201-207 Seventh Avenue, the site of a nine-story residential building in Chelsea, Manhattan. Designed by Amie Gross Architects and developed by New York City’s Department of Housing Preservation and Development, the 85-foot-tall structure will span 30,859 square feet and yield 26 affordable co-op units in studio to three-bedroom layouts, as well as 1,828 square feet of retail space divided among three tenants. Star Companies is the general contractor for the property, which is alternately addressed as 170 West 22nd Street and located at the southeast corner of Seventh Avenue and West 22nd Street.
Permits have been filed for a nine-story mixed-use building at 2741 Creston Avenue in Jerome Park, The Bronx. Located between East 196th Street and East 198th Street, the lot is near the Kingsbridge Road subway station, serviced by the 4 train. Boris Babakhanov of Bolex GC Corp. is listed as the owner behind the applications.
Exterior work is progressing on 509 Third Avenue, a 35-story residential tower in Murray Hill. Designed by Ismael Leyva Architects and developed by Kahen Properties with Lalezarian Properties under the Third and Thirty Four LLC, the 386-foot-tall structure will span 166,917 square feet and yield 229 units with an average scope of 692 square feet, as well as 8,253 square feet of retail space and a 30-foot-long yard. Charlton Development Group is the general contractor for the project, which is located at the corner of Third Avenue and East 34th Street.
Construction has topped out on 278 Eighth Avenue, a 14-story mixed-use building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 175-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project, which is being constructed by Leeding Builders Group between West 23rd and West 24th Streets.
