http://newyorkyimby.com/2015/05/construction-update-45-east-22nd-street-begins-its-777-foot-climb.html

May 27, 2015

BY: NIKOLAI FEDAK

45 East 22nd Street

The current crop of skyscrapers under construction in Manhattan extend from the upper reaches of the Upper East Side all the way down to the tip of the Financial District, and in the very middle lies 45 East 22nd Street, just to the west of Park Avenue South.

YIMBY revealed the building last April, and demolition of the site’s old buildings wrapped up last July; the pace of construction has been surprisingly rapid for a project

http://newyorkyimby.com/2015/05/construction-update-45-east-22nd-street-begins-its-777-foot-climb.html

of this size in New York City, and it will eventually span 372,684 square feet in total, standing 777 feet tall.

45 East 22nd Street at left, rendering by Kohn Pedersen Fox Associates

Formwork already appears to be at the fifth or sixth floor, which means it is still on the base levels. They will yield to a substantially more slender tower that tapers outwards slightly as it rises, and the building will eventually total 64 floors, which will house 83 luxury condominiums, as well as the tallest skyscraper between Midtown and Lower Manhattan.

Continuum is developing the site, and Kohn Pedersen Fox is the design architect. Per Curbed, sales began late last year with prices starting at $2.5 million, and completion is expected by 2016.

http://newyorkyimby.com/2015/05/construction-update-45-east-22nd-street-begins-its-777-foot-climb.html

45 East 22nd Street, tower crane

Given the current pace of construction that estimate would appear likely to be met, and a tower crane is currently being installed as well.