Residential


Corner Site for 920-Foot-Tall Skyscraper at 520 Fifth Avenue Cleared for Construction in Midtown

YIMBY checked in recently at 520 Fifth Avenue, the site of a planned 920-foot-tall skyscraper that takes the number 13 spot on our countdown of the tallest projects in progress in New York City. Located in Midtown at the corner of Fifth Avenue and West 43rd Street, the plot sits cleared for construction, which YIMBY expects will commence sometime in 2020. YIMBY last reported that Handel Architects is designing and Arthur Hooper of Ceruzzi Properties is developing the project in conjunction with SMI USA. Ceruzzi purchased the property in 2015 for $275 million from Thor Equities.

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Completion Expected Next Year for 125 Greenwich Street, in Financial District

Work is almost entirely complete on the reflective curtain wall of 125 Greenwich Street, number 14 in our countdown of the tallest projects under construction in New York City. The only sections awaiting façade work are the podium and the portion where the exterior hoist is still mounted. Designed by Rafael Vinoly and developed by Bizzi & Partners and Vector Group, the slender 88-story residential skyscraper stands 912 feet tall over the Financial District. The 273 residential units are being marketed by Douglas Elliman, while the interiors are designed by March & White. Plaza Construction is the general contractor for the development.

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