News from the Manhattan East Community Association
Saturday, August 20, 2016
By: Fred Arcaro, President, MECA
JDS Development’s two-building construction project, located at 625 First Avenue has been topped off and is taking its designed unusual shape. Estimated occupancy is planned for the second half of 2017.
Sheldon Solow, the developer of the old Con Edison power plant site, finally started digging the foundation for his first residential building at 685 First Avenue, on the west side of First Avenue between 38th and 39th Street. As of this writing, the excavation for the foundation is completed. The building will be a 710,901 square foot, 42-story (462 feet high) residential building. It will have 148 condominiums, 408 rental units and below-grade parking for 110 vehicles. Construction operations will be from 7am to 6pm on weekdays and from 9am to 5pm with a NYC Department of Buildings permit approval for Saturdays. The construction crane will be installed on 40th Street. The project is estimated to be completed in early 2019.
There is no date set for construction on the east side of First Avenue. Stay tuned for further updates.
Property owner UDR has filed applications for a single-story, 6,179-square-foot retail building at 401 East 34th Street, located on the corner of East 35th Street and First Avenue in the Manhattan East Community Association area. The new structure will host a restaurant on the ground floor. It will be located on the grounds of the Rivergate plaza, better known as Joseph Slifka Park, where a playground currently exists. The construction is to start in the fall of this year.
Soon, Mayor Bill de Blasio will be launching New York’s first citywide ferry service in over a century. The ferry service would help promote business and other activities along waterfront. The 35th ferry pier would be upgraded to accommodate the new citywide ferry service. Look for updates in the next newsletter.