On January 28, the Department of City Planning released the Environmental Assessment Statement (EAS) for the proposed Residential Tower Mechanical Voids Amendment, which seeks to limit non-residential floor heights in future apartment towers within high-density districts. The 48-page document, which outlines the proposal and its impact, reveals a troubling foundation of groundless speculation, elusive language, and self-contradictory statements. The proposed amendment ultimately promises to stifle flexible planning, and fails to present a convincing argument in its support.
A record-shattering $238 million purchase of a Manhattan penthouse at 220 Central Park South came at the hands of billionaire and Citadel hedge fund founder Ken Griffin. The sale of the 24,000 square foot apartment makes it the highest-priced home ever sold in the United States. The four-story residence is part of a 66-floor near-supertall development by Vornado Realty Trust, and has 16 bedrooms, 17 bathrooms, five balconies, and a terrace facing Central Park.
Skyline-defining towers have proliferated across the Midtown and Lower Manhattan skylines since the start of the 2010s, with the new World Trade Center joined by clusters in Hudson Yards, and 57th Street. Now, as One Vanderbilt approaches the 1,000-foot mark, a new race is appearing on the horizon in Midtown East. First, JPMorgan announced plans for a 1,400-foot-plus behemoth at 270 Park Avenue. Today, renderings have been released for Harry Macklowe’s planned office tower at 5 East 51st Street, which the developer has dubbed “Tower Fifth”. The supertall would become the tallest building in New York City by roof height upon completion, soaring 1,556 feet and six inches above the streets down below.
Situated at the southwestern corner of Fifth Avenue and West 29th Street is the site of a proposed 1,009-foot condominium tower, known as 262 Fifth Avenue. Renderings were first released in late 2017, showing the very skinny and slender residential building towering over NoMad and Midtown South. Composed of a mix of glass and aluminum walls, the supertall would certainly stand out on the skyline for its height and profile. After the DOB approved plans back in October of 2017, the site was quickly cleared of the previously extant low-rise buildings, however, activity has come to a grinding halt since then. Boris Kuzinez of Five Points Development is developing the tower, while the architect is Meganom, a Russian design firm from Moscow.
Wrapping up the year and YIMBY’s construction countdown, it comes as no surprise that Extell‘s Central Park Tower tops the list. The supertall will soon become New York City’s tallest residential building, and it will also have the highest roof of any structure in the Five Boroughs. The 1,550-foot-tall tower is being designed by Adrian Smith + Gordon Gill Architecture. The site has previously gone by its address, 217 West 57th Street. The building has now surpassed its 90th floor, and currently stands over 1,300 feet atop 57th Street.