CONSTRUCTION ADVANCING FOR ALEXANDER PLAZA

NEW YORK CITY — Construction is advancing for Alexander Plaza, a 25-story residential tower located at 315 E. 46th St. on the east side of Midtown Manhattan, New York City. The building will contain 52 residences in a mix of one-, two and three-bedroom units. Designed by Sydness Architects, the building features a chevron shape incorporating a triangular entry plaza; front and back glass façades that fold vertically inward; and a three-story, v-shaped crown. Residences feature floor-to-ceiling windows, and more than 11-foot tall ceilings; the penthouse unit features a rooftop terrace screened by a glass curtain wall that rises one story in the center and three stories at both sides. The building also features underground garage parking, a fitness center, storage space and a residents' lounge off of the lobby. Alexander Plaza is being developed by Continental Finance Corp. Completion is scheduled for 2010.