520 PARK AVENUE
Zecekdorf began the project by amassing air rights (and a Park Avenue address) from a church on 60th Street, with the aim to build the next 15 Central Park West, and they’re well on their way. 530 Park is made up of just 23 full-floor units of about 4,600 square feet each, which will start at $16.2 million and top out at $36.35 million. Seven almost-10,000-foot-duplexeswill start at $67 million and go up to $83 million. Expect a sales launch the first week in April.
220 CENTRAL PARK SOUTH
Think of it as 520 Park’s big sister. This Robert A.M. Stern-designed limestone fortress is going to be incredibly pricey when sales launch this summer. All you need to remember than it might have a $175 million penthouse, which would best any other, proposed or existing, in the city. The cheapest unit is $12 million. There will be 118 apartments, housed in a 69-story tower that fronts on 58th Street, and a 14-story villa on Central Park South itself.
53 WEST 53RD STREET
This launch has been a long time coming. But it’s only a few more months until the MoMA tower, formerly known as Tower Verre and now called 53W53, finally comes to market. Developers Hines, Goldman Sachs, and Pontiac Land Group tapped French starchitect Jean Nouvel to build a 1,050-foot-tall tower of condos with exhibition space for the museum on the second, third, and fifth floors. Interiors are by Thierry Despont, and pricing will start at $3 million and go up to “well above” $50 million.
605 WEST 42ND STREET
Moinian’s enormous rental building near the West Side Highway will set a record when it’s complete—for the largest apartment building in the city according to sheer number of units: 1,175. Goldstein Hill & West Architects is designing the 60-story tower, which topped out in December and has a slew of super-sexy black-and-white construction photos in its arsenal. While leasing will start this spring, pricing is TBD, and “will be at the higher end of the market.” The amenities will, of course, be outrageous, occupying a 70,000-square-foot club.
ONE HUNDRED EAST FIFTY THIRD STREET
The long-stalled building once known as 610 Lexington Avenue has a new name befitting of (and boldly naming) the starchitect who is designing it: One Hundred East Fifty Third Street by Foster + Partners. Norman Foster, tapped by developers RFR Realty and Vanke, is putting up 94 very glassy condos that will hit the market this spring with asks that are actually to be determined, but who are we kidding? They’re not going to come cheap. Instead of just a tantalizing peek at the facade, amenities include a gym with a 60-foot pool, a library lounge, and a media room.
172 MADISON AVENUE
Midtown South is getting more action with the addition of Yitzhak Tessler’s 34-story condo tower, designed by the ubiquitous Karl Fischer. Tessler Developments’ project will have 69 units, including 17 one-bedrooms of around 900 square feet, 40 two-bedrooms of about 1,500 square feet each, and six three-bedrooms of around 2,150 square feet, as well as the “Sky House” and “Mansion” units and four penthouses. The sales office is projected to open in March, and asks will begin at $1.2M for a 1BR, $2.7M for a 2BR, and from $6M for a 3BR residence.
ONE WEST END
Designed by Pelli Clarke Pelli Architects with interiors by Jeffrey Beers International, the condo building will have 246 one- to four-bedroom homes across 47 stories that range from $1.3 million to over $20 million in price (that’d be the penthouse). The amenities have been labeled “resort-style,” which makes us think of a beach, but really it’s just your standard 12,000-square-foot rooftop garden terrace with cabanas, green space and areas for grilling and outdoor entertaining. There’s also a gym, a 75-foot pool, spa treatment rooms, a media room, a game room, a playroom, and parking.
the {Brooklyn} life:
Williamsburg East Williamsburg Fort Green Prospect Park Bushwick Downtown Brooklyn Cobble Hill Brooklyn Heights DUMBO Fort Greene
WILLIAMSBERRY
Very soon, you will be able to live in a building with what is probably the worst name in New York City. Welcome to Williamsberry, which sounds like a poorly flavored jam and has 63 units that range from studios to four-bedrooms. A former noodle factory that has been through quite an ordealgetting to its current stage, the development has a common garden—and apartments from $575,000. Developed by Mona Gora and Golden Lioness, it’s designed by Workshop Design + Architecture with interiors by Paris Forino.
BROOKLYN TRUST COMPANY BUILDING
Stahl Organization is converting the formerBrooklyn Trust Company Building into 12 luxury condos. Originally built by York & Sawyer, it opened in 1916. The apartments range from two to five bedrooms and 2,200 to 3,100 square feet; four are duplexes. Amenities include a pet spa, bike and stroller storage, a lounge with a kitchenette, a teen room, a kids’ play room, a music practice room, a gym, and a rooftop terrace with a BBW grill. Pricing starts at about $3.35 million and tops out at $4.35 million. Barry Rice Architects is doing the restoration. Sales will launch in mid to late spring.
247 NORTH SEVENTH
After nearly a decade of delays and obstacles, apartments at 247 North 7th Street in Williamsburg are finally going to hit the rental market. Apartments in the 169-unit development (renderings here!), which consists of two seven-story buildings, will start at $2,575, with penthouses asking $6,700. Unit sizes will range from studios to two-bedrooms, amenities include a lounge, gym, two roof decks,parking, bike room, storage facilities and pet spa.
550 VANDERBILT
Come June, the first apartments of the megaproject formerly known as Atlantic Yards (now Pacific Park) will be up for grabs this summer. Pricing starts at a somewhat reasonable $550,000 and will scale up to around $5.5 million for the nicest units. Amenities spread over 10,000 square feet include a roof terrace, a residents’ lounge with fireplace, a library, a kids’ playroom, a kitchen for entertaining and private events, and a fitness center. There will also be bike storage, private storage units, underground parking. Image courtesy of w
ww.550vanderbilt.com
490 MYRTLE AVENUE
Madison Realty Capital is plopping a rather large Aufgang Architects-designed seven-story, 93-apartment building at 490 Myrtle Avenue in Clinton Hill. The apartments will all be rentals and will be split between studios, one-, and two-bedroom apartments. Aptsandlofts.com will handle rentals, which will launch in April. Madison’s neighboring project, 504 Myrtle Avenue, is a few paces behind, but it will house 141 units. The total number of units for the two buildings will be 232, a figure previously reported for 490
Myrtle alone.
THE GIOVANNI
Perennial mayoral candidate John Catsimatidis is building four buildings along Myrtle Avenue in Fort Greene. Meet the second one, called The Giovanni, which will hold 205 rental apartments and launch leasing in May, with move-ins in late spring/early summer. Designed by Dattner Architects, the building will house 40 studios, 136 one-bedrooms and 29 two-bedrooms. All units have stacked Bosch washer/dryers; some have private outdoor space.
150 RICHARDSON
This boutique East Williamsburg building has led us on for quite some time now, but apparently, at long last, the sales launch is actually happening, with units hitting the market in early April. 150 Richardson’s eight apartments are “warehouse-inspired”, which apparently means containing exposed brick that’s reclaimed from a carriage & buggy factory, exposed concrete beams, blackened steel accents, and “antique” hardwood floors. The five-story building, developed by Black Diamond Development,
266-268 GREENE AVENUE
Boaz Gilad’s Brookland Capital is in the midsts of erecting two three-story buildings on Greene Avenue, but unlike the company’s relatively new nine-apartment development at No. 260, Nos. 266 and 268 will have just six apartments total. As of July, two floors of the new buildings were partially completed. The apartments will be condos, four floor-throughs and two duplexes, and range in size from studios to three-bedrooms. No word on pricing yet.
735-737 BERGEN STREET
Isaac and Stern is designing the two five-story buildings with 18 apartments between them that—surprise!—Boaz Gilad’s Brookland Capital is bringing to 735-737 Bergen Street. The condos will range in size from studios to three bedrooms, with pricing details expected closer to its sales launch. Unlike some of Gilad’s developments, the buildingactually has a rendering, and it looks kind of cool.
357 PROSPECT PLACE
The building at 357 Prospect Place in Prospect Heights has been in development limbo for the past several years as it suffered under the lead of Robert Scarano, but since Boaz Gilad’s Brookland Capital picked up the site, things have really been moving. A preliminary rendering for the project was revealedin August of 2014, and sales in the five-story, seven-condo building are expected to launch in the next few months. The apartments will be divided into floor-through apartments and apartments that share a floor. The penthouse will have private outdoor space.
1094 MADISON STREET
This Boaz Gilad-developed four-story Bushwick building will have eight condos ranging in size from studios to three-bedrooms. As of September, construction was at the second floor. In true Boaz Gilad fashion, there’s no rendering for the incoming building.
For more information and an expert guidance on navigating through the new development process contact Claudia Saez-Fromm at 212.203.1798
“I just reacted and tried to make a play on it,” Bostick said. “Obviously, I didn’t.”
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