A hole on Sixth Avenue just around the corner from Bryant Park will soon be filled in with a rental building designed by Gene Kaufman. Plans for the 24-story building were filed in December 2014.
Skyline Developers is plowing forward with the project after a $26 million funding infusion announced by way of press release, bringing in tow a first rendering of the mid-block building. The press release also specified that the building will be a "luxury boutique rental," which is just a nicer way of saying "expensive."
The development between 39th and 40th streets will take the address of 1050 Avenue of the Americas. Plans on file with the Department of Building’s don’t give too much away about the development, only that it’ll have ground floor retail, a second floor gym, and a public terrace. The rendering shows off a few protruding balconies that will have lovely views onto Bryant Park and the bucolic Sixth Avenue below.
Construction is expected to kick off in the spring, with occupancy slated for 2018. The rental is rising on the same block as David Chipperfield’s The Bryant, where available condos are asking from $2.57 million.