Construction is progressing on 685 Fifth Avenue, a 100,000-square-foot office-to-condominium conversion in Midtown, Manhattan. Designed by Marin Architects and developed SHVO in partnership with BLG Holdings and Deutsche Financial, the project involves the addition of ten floors atop the existing existing 20-story structure, bringing it to a total height of 350 feet tall. The $135 million project will yield 69 condominium units designed by March & White and managed by Mandarin Oriental Hotel Group, as well as retail space with Fifth Avenue frontage marketed by Brookfield Properties. The property is located at the corner of Fifth Avenue and East 53rd Street.
Permits have been filed for a 33-story mixed-use building at 12 East 37th Street in Midtown, Manhattan. Located between Fifth Avenue and Madison Avenue, the interior lot is five blocks south of the Bryant Park subway station, serviced by the B, D, F, M, and 7 trains. Yusuf Bildirici of B&F Management, under the 12-14 E37th Street Development Corp., is listed as the owner behind the applications.
Permits have been filed for an eight-story mixed-use building at 20 East 110th Street in East Harlem, Manhattan. Located at the intersection of East 110th Street and Madison Avenue, the corner lot is two blocks west of the 110th Street subway station, serviced by the 6 train and two blocks east of the 110 Street station at Central Park North, serviced by the 2 and 3 trains. A&R Properties under the 1650 Madison Holdings LLC is listed as the owner behind the applications.
Work is moving along on the re-cladding of 660 Fifth Avenue, a 39-story commercial building in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Brookfield Properties, the project involves the complete overhaul of the 64-year-old structure, which was originally designed by Carson & Lundin and formerly addressed as 666 Fifth Avenue, replacing its mid-century exterior with a modern glass enclosure. The 1.5-million-square-foot property is located between West 52nd and 53rd Streets.
The affordable housing lottery has launched for Park Haven, a ten-story mixed-use building at 345 St. Ann’s Avenue in Mott Haven, The Bronx. The 180,155-square-foot development is designed by SLCE Architects and developed by The Community Builders and BronxWorks. Available on NYC Housing Connect are 178 units for residents at 30 to 80 percent of the area median income, ranging in eligible income from $14,915 to $112,800.