Rendering via China Overseas Land & Investment
Manhattan's 34th Street is booming with new prospects from end to end. There's no shortage of construction along the city's most miraculous boulevard with the much-ballyhooed Hudson Yards at its western terminus, the endlessly-rumored redevelopments surrounding Penn Station/Madison Square Garden, and a cluster of new medical facilities and residential buildings near the East River. The thoroughfare's less-touristy eastern end is at the junction of Murray Hill and Kips Bay's "hospital row."
While already supporting a well-established residential community — with the towering condos of The Horizon (which has two availabilities from $1.5 million), Manhattan Place (seven availabilities from $800K - $2.95M), and The Corinthian (13 availabilities from $825K - $5M) bringing residents relative serenity, panoramic views, and FDR access —in recent years the area has been further put on the map. A 2011-built ferry terminal serves all sides of the East River, and the eye-catching American Copper Building which opened its doors for leasing in late 2017.
While already supporting a well-established residential community — with the towering condos of The Horizon (which has two availabilities from $1.5 million), Manhattan Place (seven availabilities from $800K - $2.95M), and The Corinthian (13 availabilities from $825K - $5M) bringing residents relative serenity, panoramic views, and FDR access —in recent years the area has been further put on the map. A 2011-built ferry terminal serves all sides of the East River, and the eye-catching American Copper Building which opened its doors for leasing in late 2017.
As of this writing, at least four new residential towers are moving forward on the two-way stretch now thankfully equipped with well-enforced bus lanes. Furthest along is 200 East 34th Street (aka 501 Third Avenue), a 31-story, 390-foot-high (to its rooftop bulkhead) residential development to be thrust skyward by China Overseas Land & Investment. Led by CEO Yan Jianguo, the company is best known locally as the developer behind Jersey City’s tallest skyscraper, 99 Hudson. Approved building permits show 144 apartments spread across 132,000 square feet of zoning square footage, and a recent site visit saw that the foundation is being laid.
Axonometric and section via NYC DOB
The always-reliable firm of Cetra/Ruddy is listed as the architects. Based downtown, the practice led by husband-and-wife team John Cetra and Nancy J. Ruddy has quickly accrued a tasteful colllection of new developments across the city (i.e. ARO, Oskar, Dahlia, Rose Hill, and the planned 45 Broad Street). It is uncertain whether the apartments will be condos or rentals, but an illustration posted on the construction fence shows a congenial massing and a well-articulated facade. Based on the construction floor schedule, it appears the usual bells and whistles of luxury amenities are in store inside. Most notably, the highest occupied floor, number 30, will be completely dedicated to amenities which include a lounge, a terrace, and a fitness room. Delivery was originally estimated for 2021 or 2022.
The site of 200 East 34th Street as of early November 2019 (CityRealty)
Construction progress circa June 2020 via CityRealty
(CityRealty)
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