NEW YORK | 141 East 47th Street | 500 FT | 34 FLOORS

[chris08876]

Can this be renamed to: NEW YORK | 131-141 East 47th Street | 581 FT | 49 FLOORS

Permit:

12 Zoning Characteristics
District(s): C5-2.5 - RESTRICTED CENTRAL COMMERCIAL DISTRICT C5-3 - RESTRICTED CENTRAL COMMERCIAL DISTRICT
Overlay(s):
Special District(s): MID - MIDTOWN
Map No.: 8d Street legal width (ft.): 60 Street status: Public Private
Zoning lot includes the following tax lots: Not Provided

Proposed: Use Zoning Area (sq.ft.) District FAR
RESIDENTIAL 151,013 C5-3 6.77
Proposed Totals: 151,013 -- 6.77
Existing Total: -- --
Proposed Lot Details: Lot Type: Corner Interior Through
Lot Coverage (%): 15 Lot Area (sq.ft.): 22,308 Lot Width (ft.): 105
Proposed Yard Details: No Yards Or
Front Yard (ft.): 24 Rear Yard (ft.): 30 Rear Yard Equivalent (ft.): 0
Side Yard 1 (ft.): 25 Side Yard 2 (ft.): 0
Proposed Other Details: Perimeter Wall Height (ft.): 0
Enclosed Parking? Yes No No. of parking spaces:
13 Building Characteristics

Primary structural system: Masonry Concrete (CIP) Concrete (Precast) Wood
Steel (Structural) Steel (Cold-Formed) Steel (Encased in Concrete)

Proposed
Structural Occupancy Category: II - OTHER THAN I, III OR IV
Seismic Design Category: CATEGORY B
2014/2008 Code Designations?
Occupancy Classification: R-2 - RESIDENTIAL: APARTMENT HOUSES Yes No
Construction Classification: I-B: 2 HOUR PROTECTED - NON-COMBUST Yes No
Multiple Dwelling Classification: HAEA
Building Height (ft.): 581
Building Stories: 49
Dwelling Units: 122

========================
http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

[sparkling]

Demolition Begins for 50-Story Midtown East Skyscraper, New Rendering Released

MARCH 31, 2016
ONDEL HYLTONIN

Just northeast of Grand Central Terminal at 141 East 47th Street, Brooklyn-based New Empire Real Estate (NERE) is moving ahead with plans to build a svelte 49-story condominium tower. New building permits were filed yesterday, an updated rendering has been released, and removal of the site’s low-slung structures has commenced.

Continue Reading




CityRealty


TJ/CityRealty

[yankeesfan1000]

My office is around the corner and it looks like demo has already started on this.

[chris08876]

New Look: 122-Unit Residential Tower At 131 East 47th Street, Midtown East

These new renderings by SLCE Architects come from a December 2015 “design development presentation,” so it’s entirely possible some changes have been made. Regardless, it does show an evolution of the project since the renderings available in June.

As we reported in March, the building will rise 581 feet. But the latest new building permit indicates it will encompass 151, 013 square feet, a reduction of 22,046 square feet from that filed in March. Still, that works out to a spacious average unit size of about 1,237 square feet.

There will be three units per floor from the second floor through the 36th floor, though floors 13 and 36 will be mechanical floors, according to the Schedule A. There will be two units per floor from 37 to 47 and then a single unit on 48.

Amenities will include storage, laundry, a tenant lounge, a kids room, fitness rooms, a sunken garden outdoor lower recreation area, an upper outdoor recreation area, and storage for 69 bicycles.

The developer is New Empire Real Estate.

=============================
NYY

[ILNY]

Originally Posted by yankeesfan1000

My office is around the corner and it looks like demo has already started on this.

No demo yet.

[chris08876]

Just some site history / paperwork:

DOC NO WORK TYPE(S) / STATUS / JOB DESCRIPTION
01 NEW BUILDING.
Status: F - APPLICATION ASSIGNED TO PLAN EXAMINER Status Date: 04/13/2016
Plans Page Count: Not Provided
Directive 14: N Applicant Name: YAKAS SAKY Pre-Filing Date: 03/28/2016

TYPE STATUS DATE STATUS
CC - CURB CUT 03/30/2016 D: APPLICATION PROCESSED - ENTIRE
EQ - CONSTRUCTION EQUIPMENT 03/30/2016 D: APPLICATION PROCESSED - ENTIRE
NB - NEW BUILDING 03/28/2016 A: PRE-FILING
OT - GEN. CONSTR. 03/30/2016 D: APPLICATION PROCESSED - ENTIRE
02 FOUNDATION WORK FOR NEW BUILDING.
Status: F - APPLICATION ASSIGNED TO PLAN EXAMINER Status Date: 04/13/2016
Plans Page Count: See Document 01 for totals
Directive 14: N Applicant Name: SMILOW JEFFREY Pre-Filing Date: 04/01/2016

TYPE STATUS DATE STATUS
OT - FOUNDATION 04/01/2016 D: APPLICATION PROCESSED - ENTIRE
03 STRUCTURAL SUPERSTRUCTURE FOR NEW BUILDING.
Status: F - APPLICATION ASSIGNED TO PLAN EXAMINER Status Date: 04/13/2016
Plans Page Count: See Document 01 for totals
Directive 14: N Applicant Name: SMILOW JEFFREY Pre-Filing Date: 04/01/2016

TYPE STATUS DATE STATUS
OT - STRUCTURAL 04/01/2016 D: APPLICATION PROCESSED - ENTIRE
04 MECHANICAL AND PLUMBING WORK AS SHOWN ON PLANS FILED HERE WITH
Status: F - APPLICATION ASSIGNED TO PLAN EXAMINER Status Date: 04/13/2016
Plans Page Count: See Document 01 for totals
Directive 14: N Applicant Name: ETTINGER ERIC Pre-Filing Date: 04/05/2016

TYPE STATUS DATE STATUS
MH - MECH/HVAC 04/05/2016 D: APPLICATION PROCESSED - ENTIRE
PL - PLUMBING 04/05/2016 D: APPLICATION PROCESSED - ENTIRE

==============================
http://a810-bisweb.nyc.gov/bisweb/BS...de=ES014305971

[ILNY]

Demo is completed.

[chris08876]

Credit: JC_Heights

[yankeesfan1000]

Moving along :

[ILNY]

[chris08876]

Snapped this off zoning pdf on the DOB bin for this project. Looks like we got a 70 foot increase.

NEW YORK | 135 East 47th Street | 652 FT | 49 FLOORS

[chris08876]

Town sues entities tied to New Empire over unpaid fees at Turtle Bay condo

Town New Development is suing entities tied to New Empire Real Estate Development, claiming Bentley Zhao’s firm stiffed the brokerage out of $210,000 in consulting fees and a $2.2 million termination fee.

The breach-of-contract suit, filed Thursday, is connected to Town’s work on 131 East 47th Street, where New Empire is planning a 122-unit condominium tower. According to court documents, Town is seeking money owed plus $5.45 million in damages.

Town’s 2016 sales exclusive with New Empire stipulated that the developer would pay Town a $10,000 monthly consulting fee, as well as 2.5 percent commission on the sale of each unit, according to court documents. The agreement stipulated that if New Empire terminated Town, it would pay a 0.75 percent termination fee — or $2.18 million based on the projected $290.8 million sellout.

According to Town, the developer has refused to pay the termination fee, and owes it $210,000 for consulting work.

Court documents allege the developer transferred the property from one limited liability company (Lex 47th Development LLC) to another (K-Land Lex 47th LLC), rendering the first entity — with which Town had an agreement — insolvent.

The property transfer “took place at a time when Defendant Lex 47 had incurred obligations or knew it would incur obligations beyond its ability to repay,” court documents state. “The conveyance left Lex 47 with unreasonably small capital to continue in the business in which it was engaged.”

A representative for New Empire declined to comment until its counsel is able to review the matter.

Sunset Park-based New Empire is a prolific developer throughout the city, with projects on the Lower East Side, Midtown West and several in Brooklyn.

======================
TRD

[chris08876]

I fixed some of those DOB schematics in the posts above. Didn't display properly.

[chris08876]

Looks like the site is back in the development spot light. Some hope.

Will result in a smaller tower than previously planned with the prior entity, but still better than nothing.


= = = = =




Hong Kong Developer Drops $115M on Stalled Manhattan Site

As many foreign investors shun New York, one Hong Kong firm is making a big play at a stalled development site in Manhattan.

Hopson Development Holdings dropped $115 million on a stalled development site in Midtown, records filed with the city Thursday show. The developer plans to raise a 34-story tower, according to an announcement filed to the Hong Kong Stock Exchange, which noted New York City’s status as a global financial center and its ballooning population as rationale for the investment.

The planned development will have approximately 183,310 square feet, according to the announcement, with a total investment of $225,000,000, including the purchase price.

The previous owner, Bentley Zhao’s New Empire Real Estate Development, paid $81 million for the site at 131-141 East 47th Street in 2015, and soon demolished four existing buildings to make way for a planned 49-story tower. A year later, it adjusted its plans down from a 138-unit tower to a 122-unit tower.


[...]

Now, Hopson Development plans to erect a 34-story tower with 200 units at the site, according to an announcement the company made to the Hong Kong Stock Exchange, first reported by Chinese news site Mingtiandi.

[JMKeynes]

https://therealdeal.com/2020/06/18/s...=feature_posts

[chris08876]

Silverback Development to build 500-foot-tall condo tower at 131 East 47th Street

Recognizing that the great headwinds facing the city and its real estate market are most likely temporary, some developers are mobilizing to develop Manhattan's next wave of residential towers. One of the few projects to not make it out the ground in the last boom was planned in Midtown East at 131-145 East 47th Street. The previous owner, Bentley Zhao's New Empire Real Estate Group, drew up a 49-story, 122-unit condominium tower designed by SLCE Architects. Despite snagging a construction loan in 2017, the development never took off and the cleared assemblage was sold to Silverback Development in December for $115 million. Silverback, led by Josh Schuster, is developing the site in partnership with an undisclosed Hong Kong-based investment entity.

The mid-block site between Lexington and Third avenues is close to Grand Central Terminal, Rockefeller Center, and at the edge of world's mightiest business district. The 22,308-square-foot lot benefits from some of the most relaxed residential zoning in the city, allowing for a tower of more than 150,000 square feet in zoning floor area. The $115 million price paid (nearly $5,200 per square foot) is substantially more than the $81M Zhou paid in 2015 and is a reflection of the increasing value of ready-to-develop sites in Manhattan.

Silverback's $250 million tower will top out approximately 500 feet high, a bit shorter than Zhou's 611-foot unbuilt vision, but tall enough to garner dazzling skyline views for high-floor units. Reflecting the more tepid Manhattan residential market, there will 200 condo units instead of the previous 122. There will also be 5,000 square feet of retail at its base.

Revised building permits are not yet on file but construction is planned to begin mid-summer 2020 with completion estimated in 2022. Ismael Leyva Architects is the project designer. The firm was behind Place 57, the residential interiors at Time Warner Center and the Park Imperial.

=================
City Realty

[NYguy]

https://rew-online.com/silverback-br...midtown-condo/

Silverback breaks ground for new midtown condo





by REW
October 15, 2020

Silverback Development recently broke ground on its new project at 131 East 47th Street with a traditional Chinese Feng Shui ceremonial blessing led by Master Pun-Yin, the building’s Feng Shui consultant.

Master Pun-Yin is a revered practitioner who has worked on many notable projects in New York City, including the revitalization of Times Square and Columbus Circle in the 1990’s.

Located between Lexington and Third Avenue, the building will feature 191 apartments as well as approximately 2,700 s/f of commercial space at its base. Once complete, the 455 ft. tower will offer a variety of floorplans. Additionally, the project will incorporate state-of-the-art technology such as touchless features, UV lighting, and air purification and filtration, among other post-COVID-19 technological innovations.

Silverback Development is partnering with Chinese developer Hopson Development Holdings to build the luxury condo on the vacant site. Ismael Leyva Architects has designed the tower .

Hopson Development Holdings, chaired by billionaire Chinese developer Zhu Mengyi, acquired the site for $115 million late last year from New Empire Real Estate Development, another China-backed property firm.

Announcing the partnership earlier this year, Schuster said, “The market in midtown Manhattan will see continued demand as it is at the epicenter of corporate headquarters, national landmarks, renowned cultural institutions and Michelin-starred eateries, in addition to east side access which will change the landscape.

“It is an honor to develop a project of this caliber and we are uniquely positioned with on-the-ground expertise to create an exceptional offering. It’s also a real testament to our abilities and our commitment to delivering best-in-class properties, even during this COVID pandemic.”

[JMKeynes]

Has the new design been revealed?

[chris08876]

Excavation Begins At 141 East 47th Street In Midtown East

Excavation is underway at 141 East 47th Street, the site of a 35-story residential tower in Midtown East. The 183,310-square-foot project is designed by Ismael Leyva Architects and developed by Silverback Development. The latter was brought on by Hopson Development Holdings, which purchased the parcel for $115 million in December 2019 from the original developers, New Empire Real Estate. Located between Park Avenue and Lexington Avenue, the development is set to yield 200 units and cost $250 million.

YIMBY last reported on the building in late November 2018, when the site still sat vacant and overgrown. At the time, the fate of the original building, which was to stand 49 stories and contain 122 units, was uncertain. Now, photos show machinery busily unearthing the site and gradually descending below street level. Four buildings had to be demolished to make way for the new structure.


A new updated rendering was also spotted on the construction fence. The design features a darker color palette and series of setbacks culminating in a multifaceted crown reminiscent of the Art Deco styling. Though it likely won’t reach skyscraper status, 141 East 47th Street will nevertheless complement the neighborhood with classic styling and add vertical density to the cityscape.

The property will contain homes ranging from studios to two-bedroom units, averaging $1.5 million apiece. It will also yield 5,000 square feet of ground-floor retail space.

141 East 47th Street is now slated to be completed in 2022.

=================
NYY

[Busy Bee]

Classic New York styling, and a whole lot better than whatever those previous iterations where supposed to be.