All eyes have been on the construction of Renzo Piano‘s new downtown home for the Whitney Museum, set to open in May. But let’s not forget about what’s happening to the Whitney’s old Marcel Breuer-designed building on Madison Avenue and 75th Street. The Brutalist building opened in 1966 and has since dominated its Upper East Side surroundings. It’s set to be taken over as a satellite location for the Metropolitan Museum of Art to showcase their contemporary and modern art collections when it reopens in March 2016. And though the Met will not alter the façade of the landmarked museum building, its surroundings will certainly look different than in the Whitney’s days.
The biggest changes are happening right next door, where the row of six 19th-century Italianate and Greek Revival brownstones on Madison Avenue and two townhouses on East 74th Street are being reimagined as condos and retail space by developer and healthcare entrepreneur Daniel Straus, who bought the properties from the Whitney in 2010 for $95 million and subsequently was granted approval by the Landmarks Preservation Commission for their new design by Beyer Blinder Belle. According to the Times, who profiled the development, the flurry of construction could be considered “the Met effect.”
More on the development here
A development site at Greenwich and Charlton Streets promises to be among the first to bear fruit from Hudson Square’s 2013 rezoning. Images uncovered on the website of Fernando Romero EnterprisE (FR-EE) detail a 26-floor, 116-unit condominium along the quiet commercial edge of the neighborhood. The L-shaped lot is owned by the developer Cape Advisors, whose forward-thinking projects include 100 Eleventh Avenue and One Kenmare Square.
More details ahead
Another exclamation point in a year of seemingly endless skyscraper unveilings has appeared on the city’s “to-build list” with a possible rendering of a long-proposed mixed-use tower slated for the heart of NoMad. This exclamatory statement comes from the Mexico-based office of Fernando Romero EnterprisE (FR-EE). Never heard of them? Then check out their website and browse the bold work we New Yorkers too often miss out on.
If the selection of FR-EE is official, Ziel Feldman’s HFZ Capital would join a growing list of New York developers bitten by the design bug. Developers like Hines, Rosen, Related, and Extell have led the way in commissioning big name, often foreign, architects to pen skyline-shifting projects aimed at the top of the market. HFZ also commissioned British-based David Chipperfield Architects to design a dignified 30-story tower along the southern edge of Bryant Park.
More details on the 50-story tower here
DRUMROLL PLEASE… You came, you voted, and now we’re pleased to announce the winner of our first-ever Building of the Year competition! Congratulations to the Kohn Pedersen Fox-designed, Continuum Company-developed 45 East 22nd Street tower which won the hearts of 29 percent of over 3,500 readers who came to cast a vote. We’re not sure if it was the champagne flute-like design that sold you, or if it was the ambitious cantilever that captured your gaze, but there’s no question that this incredible 777-foot construction pushes the envelope—not only in size, but in the design of bigger, better and more luxurious living spaces. Demolition to make way for the supertall started this summer and construction will commence early next year. Once this 65-story glass beauty is complete in 2016, expect to see it tower over the Flatiron District!
If you’re looking for more of 2014’s news-making and record-setting highlights, be sure to check out our year-end market report. Find out how the super-luxury buildings also in the running, and a few others, fared on the market this year. Get the report here (opens to a pdf) >>
Robert A.M. Stern‘s 520 Park Avenue has already been called “the next 15 Central Park West,” and like its Stern predecessor, 520 is an ultra-luxury development with a stately façade wrapped in stone. Set to be completed in 2016, it will rise 51 stories high, but contain just 31 units, one of which is the $130 million penthouse, the city’s most expensive apartment. And though most of the attention has been on “the greatest apartment on the Upper East Side,” the fanfare has now shifted to the first batch of interior renderings for the building.
520 Park’s full website is now live, and not surprisingly, the residences have classic layouts, impressive Central Park views, and a host of high-end amenities.
Take the tour here
Back in June, units at 10 Sullivan Street in Soho hit the market. The 16-story, Cary Tamarkin-designed building is shaped like a mini Flatiron Building, and due to its height and scale, many consider it grossly out of place. But regardless of one’s opinion, the scheduled completion of the triangular condo in late 2015 will cement western Soho’s turn from primarily commercial to residential, a trend shared with adjacent neighborhood Hudson Square.
More on 10 Sullivan Street and western Soho’s transformation
Of the condos planned along the High Line Park, one of the most—if not the most—anticipated addition comes via Zaha Hadid. One of our intrepid reporters recently stopped by the construction site located at 520 West 28th Street to see how works are coming along, and it looks like the site is near-ready for its starchitect treatment. Excavation is almost finished and much of the concrete slab foundation has been put in place. When fully constructed, Zaha’s undulating residential tower will rise 11 stories with 40 luxury condos within; the cheapest will be a two-bedroom at $4.6 million, and the most expensive will be a five-bedroom penthouse priced at $35 million. You can see the ultra-futuristic interiors Zaha has planned here >>
An updated rendering of a ground-up, mixed-use tower along the south side of Bryant Park has been revealed on HFZ Capital Group’s website. The storied site at 20 West 40th Street was acquired by HFZ after Fortieth St. Partners defaulted on a $44 million loan back in 2010.
According to HFZ’s project page, the development will include a 5-star hotel, restaurant and bar, and residential condominiums. Construction permits filed last month specify that the hotel-design experts Stonehill & Taylor are the architects of record.
Additional details on the project
NYC supertalls all over town are weeping: 432 Park Avenue is officially the tallest residential building in the city as of today, topping out at 1,396 feet, and the second-tallest tower after One World Trade Center. Concrete on the highest floor of the Rafael Viñoly-designed building is being poured, probably as we speak, cementing (no pun intended) the residential tower’s place as not only the tallest in NYC, but in the entire western hemisphere. And though One WTC reaches 1,776 feet, 408 feet is accounted by its spire. So, when you only count its roof height, it’s actually 28 feet lower than 432 Park. The tower will open next year, and it’s already seeing groundbreaking sales, including that of the $95 million penthouse.
Photo via DBOX
It’s going to cost you at least $2.5 million to live at 45 East 22nd Street. In a recent profile on the up-and-coming building, the Times revealed pricing and some juicy details about what’s planned for glassy tower. One-bedrooms averaging 1,074 square feet will be going for 2.5 mill, while the penthouse may go for as much as $42.5 million. The paper reports that no floor in the condo tower will have more than two units, and everything from the 55th floor up will be full-floor pads. The penthouse meanwhile will claim the 64th and 65th floors with an impressive 7,000 square feet of living space. The lower floors (i.e. everything below the 9th) will be dedicated to off-the-hook amenities like a lounge, billiards rooms, a yoga studio, kids’ room, pool, golf simulator—basically everything you’d expect an ultra luxurious building to have.
The Continuum Company-developed, KPF-designed tower is poised to trump nearby One Madison by 150 feet when complete. The cantilevering structure will sit on a site of just 75 feet wide, expanding as it rises 777 feet to a floor plate of 125 feet at its 65th floor. Construction is expected to commence February 2015 with a move-in date slated for December 2016. Sales are anticipated to launch this month.
Image courtesy of 45 East 22nd Street