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5 Upcoming Residential Developments In Manhattan

There is no shortage of new apartments in Manhattan that are underway and about to be completed. From Lower to Upper Manhattan, we put together five different sites spread across the island that show a wide range of architecture, scales, and properties.


1) 1491 First Avenue 

Coming to the Upper East Side neighborhood of Yorkville is 1491 First Avenue, a ground-up 24-story mixed-use residence designed by Hill West Architects and developed by Carmel Partners. The planned 209-foot tall structure will yield a total of 94 condominium units, each averaging around 1,900 square feet apiece, and 7,120 square feet of commercial space on the lower podium floors and cellar level. CP VII 78th Street Owner is the owner and Carmel Construction East is the general contractor for the project, which is located at the southwestern corner of First Avenue and East 78th Street. A completion date has yet to be announced. As of right now, the site has been cleared and awaits excavation and construction. 


2) 126 East 57th Street 

Currently underway with excavation and foundations is 126 East 57th Street, a new and upcoming 28-story residence designed by ODA Architecture and developed by MRR Development in Midtown East. The ground-up 346 foot tall structure is going to top out at 346 feet tall and yield a total of 147 condominium units spread across 170,000 square feet of space. Interiors will be done by both ODA and Gabellini Sheppard. There will also be 5,000 square feet of retail space. WSP USA is the engineer and Plaza Buildings is the general contractor for the project, which is being constructed on an L-shaped parcel at the corner of East 56th Street and Lexington Avenue with a narrow annex extending to West 57th Street, aka Billionaire's Row. The prestigious corridor has been home to some of the tallest and most expensive apartments in the New York City metropolitan region. Completion is slated for 2024. 


3) 59 Henry Street 

Located in the Two Bridges neighborhood is 59 Henry Street, a topped out 19-story building located between Catherine Street and Market Street. Designed by S9 Architecture and developed by W&L Group, the ground-up reinforced concrete superstructure stands 227 feet tall and will hold 98,654 square feet of space with 57,127 square feet for residential use, and 41,527 square feet for community facility space on the first five floors of the building. 80 rental units are planned and will span an average of 714 square feet. There will also be a penthouse, a cellar level, and 26 enclosed parking spaces. Completion is expected sometime next year.


4) 10 West 55th Street

Situated amongst the towers of Midtown, Manhattan is 10 West 55th Street, a ground-up 24-story residence between Fifth and Sixth Avenues. Designed by Morris Adjmi Architects and developed by Garden Homes under the 18 West 55th Street LLC, the project is going to have 96 units spread across 134,980 square feet, along with 17,709 square feet for commercial space, and a cellar level. 10 West 55th Street is going to eventually top out at 289 feet high and is expected to be completed in October 2025, as noted on site. There is no finalized rendering yet, though this black and white diagram below was posted on the construction board showing the building massing. 


5) 75 First Avenue 

Located in the East Village is a new eight-story residential property at 75 First Avenue. Designed by Italian architect Stefano Pasqualetti of Fischer+Makooi. Developed by Colonnade Group and built between the Bowery and Tompkins Square Park, the topped out residence is going to yield 22 units ranging from one- to three-bedroom layouts. Ryan Serhant of SERHANT is head of marketing. 


Immediate occupancy is already underway and residential amenities include a 24/7 attended lobby, a full-time doorman, a landscaped rooftop deck with stunning city views, a fitness center, a bicycle room, and storage units.


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