Commercial

Exterior of Summit One Vanderbilt. All i

First Glimpses of Summit One Vanderbilt, Highest Observatory in Manhattan’s Midtown East

Yesterday SL Green Realty Corp. unveiled their plans for Summit One Vanderbilt, the new observatory space located in the crown of One Vanderbilt, a 1,401-foot-tall commercial supertall in Midtown East. Opening on October 21st, the 65,000-square-foot experience center will top the 77-story skyscraper designed by Kohn Pedersen Fox and deliver views of all five boroughs. One Vanderbilt encompasses an entire block immediately to the west of Grand Central Terminal with Summit One Vanderbilt directly connected directly to the massive transit hub. Interiors of Summit One Vanderbilt are designed by Snøhetta with art installations by Kenzo Digital.

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Rendering of One Grove Development in Jersey City. Courtesy of Marchetto Higgins Stieve

One Grove Redesigned Development Awaits Approval from Jersey City’s Planning Board

The redesigned One Grove mixed-use proposal for 221 Grove Street in Jersey City is waiting for final approval. The site previously housed a Jersey City Boys and Girls Club in Downtown Jersey City and if approved, it could soon yield almost 200 residential units, ground-floor retail, and a garage. Strategic Capital is developing the 13-story building under One Grove Property LLC and Marchetto Higgins Stieve and Archilier Architecture are responsible for the design.

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70 Havemeyer Street in Williamsburg, Brooklyn. All images courtesy of NYC Housing Connect

Housing Lottery Launches for 249 North 5th Street in Williamsburg, Brooklyn

The affordable housing lottery has launched for 249 North 5th Street, a seven-story mixed-use building in Williamsburg, Brooklyn. The 42,000-square-foot development is also addressed as 70 Havemeyer Street and yields 48 units. Available on NYC Housing Connect are 15 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,920 to $167,570.

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425 Park Avenue. Rendering by Dbox, courtesy of Foster + Partners

425 Park Avenue’s Exterior Nears Completion in Midtown East, Manhattan

The final pieces of the glass curtain wall and gray paneling are being installed on 425 Park Avenue, a 897-foot-tall commercial skyscraper in Midtown East. Designed by Norman Foster of Foster + Partners for L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 47-story building will yield around 667,000 square feet largely dedicated to offices, as well as a ground-floor restaurant run by Chef Daniel Humm, proprietor of the Three Michelin-starred Eleven Madison Park. The property is bound by Park Avenue to the west, East 55th Street to the south, and East 56th Street to the north, and is expected to achieve LEED-Gold certification and debut as the city’s first WELL-certified building.

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