Articles by Michael Young

244 East 52nd Street Tops Out in Midtown East, Manhattan

7:30 am on May 10, 2022 By Michael Young

Construction has topped out on 244 East 52nd Street, a seven-story condominium building in Midtown East. Designed by Issac & Stern Architects for Minrav Development, the 26,000-square-foot structure will yield 15 residential units, a cellar level, a 30-foot-long rear yard, and a rooftop terrace. DCG is the general contractor for the property, which is being built on a 5,000-square-foot plot located between Second and Third Avenues. Sales and marketing will be handled by REUVENI, the first project for the company since partnering with Coldwell Banker Warburg on April 12.

Ronald O. Perelman Performing Arts Center’s Marble Façade Completes Installation in Financial District, Manhattan

8:00 am on May 9, 2022 By Michael Young

Façade installation is wrapping up on the Ronald O. Perelman Performing Arts Center, a 138-foot-tall performance venue in the World Trade Center complex in the Financial District. Designed by REX with Davis Brody Bond Architects as the executive architect and developed by The Perelman, the cubic steel-framed structure stands between Skidmore Owings & Merrill‘s One World Trade Center to the west, Vesey Street to the north, Fulton Street to the south, and Greenwich Street to the east.

144 First Street Reaches 12-Story Pinnacle in Jersey City, New Jersey

7:30 am on May 9, 2022 By Michael Young

Construction has topped out on 144 First Street, a 12-story residential building in Jersey City‘s Powerhouse Arts District. Designed by Fogarty Finger Architecture and developed by EPIRE, the 125-foot-tall structure will yield 115,000 square feet with 84 apartments ranging from studios to three-bedroom units, as well as ground-floor retail space for two tenants. WSP is the structural engineer and Molfetta Corporation is the general contractor for the project, which is bound by Provost Street to the east, 1st Street to the south, and 2nd Street to the north. BHI, the U.S division of Israel’s Bank Hapoalim, provided a $36 million construction loan for the project in January.

241 West 28th Street’s Brick Façade Takes Shape in Chelsea, Manhattan

8:00 am on May 8, 2022 By Michael Young

Façade work is shaping up at 241 West 28th Street, a pair of 22-story residential buildings in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the 400,000-square-foot development will yield 480 units with 30 percent reserved for low- and middle-income households, as well as 8,500 square feet of ground-floor retail space. King Contracting Group is in charge of brickwork and Urban Atelier Group is the general contractor for the complex, which is located between Seventh and Eighth Avenues on what used to be an open-air parking lot that MAG Partners acquired in December 2018 under a 99-year ground lease with Edison Properties.

15 Beekman Street Begins Ascent in the Financial District, Manhattan

7:30 am on May 8, 2022 By Michael Young

Construction is rising on 15 Beekman Street, Pace University’s new 27-story expansion in the Financial District. Designed by Manish Chadha of Ismael Leyva Architects and developed by SL Green Realty, the 338-foot-tall tower will yield 213,084 square feet with classrooms, dorm rooms, a dining facility, a library, and a learning center. New Line Structures & Development is the general contractor for the property, which is alternately addressed as 126-132 Nassau Street and is located at the corner of Beekman and Nassau Streets.

FIT’s New Academic Building Rises at 220 West 28th Street in Chelsea, Manhattan

8:00 am on May 7, 2022 By Michael Young

Construction is rising on the Fashion Institute of Technology‘s New Academic Building, a ten-story structure at 220 West 28th Street in the Garment District of Chelsea. Designed by SHoP Architects, the 110,000-square-foot facility will yield new classrooms, administrative offices, review and exhibition spaces, and a student quad illuminated by skylights. EE Cruz & Company Inc. is the general contractor for the Midtown project, which is located between Seventh and Eighth Avenues, within walking distance of Penn Station, Madison Square Garden, and Moynihan Train Hall. The New Academic Building is aiming for LEED Gold certification upon completion.

YIMBY Reveals Penthouse Conversion Atop Candela’s 360 Central Park West, On Manhattan’s Upper West Side

8:00 am on May 6, 2022 By Michael Young

YIMBY got a rare, private look at a unique new penthouse atop 360 Central Park West, an early 20th century building on Manhattan’s Upper West Side. Originally designed by Rosario Candela in 1929, the upper floors and interiors are now being converted and meticulously transformed into a spacious new condominium duplex designed by CetraRuddy Architecture. Located at the crossroads of Central Park West and 96th Street, the full-service prewar building is the only condominium on Central Park West that bears the prestigious Candela imprimatur.

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450 Eleventh Avenue’s Façade Installation Resumes in Hudson Yards, Manhattan

8:00 am on May 5, 2022 By Michael Young

Façade work has resumed on 450 Eleventh Avenue, a 51-story Aloft Hotel in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the 642-foot-tall skyscraper will yield 379 guest rooms as well as a business center, a ballroom, and a fourth-floor restaurant and bar with an outdoor terrace overlooking the transforming neighborhood. Atria Builders is the general contractor for the property, which is located at the corner of West 37th Street and Eleventh Avenue, directly across from the Jacob K. Javits Center.

Palace Theatre Completes 30-Foot Lift Within TSX Broadway, at 1568 Broadway in Times Square, Manhattan

8:00 am on May 4, 2022 By Michael Young

Construction on TSX Broadway has reached a significant milestone with the completion of the historic Palace Theatre’s lift to its new position 30 feet above street level within the podium of the 47-story Times Square hotel tower. The engineering challenge was overseen by Urban Foundation and Engineering and used a system of 34 hydraulic jacks to hoist the 14-million-pound venue at a speed of about a quarter of an inch per hour over the span of four months. Work will now commence on PBDW Architects‘ restoration of the theater, whose new elevated position will make way for 100,000 square feet of retail space at the base of the structure.

Rendering of 555 Greenwich Street - COOKFOX Architects

555 Greenwich Tops Out in Hudson Square, Manhattan

8:00 am on May 3, 2022 By Michael Young

Construction has topped out on 555 Greenwich, a 16-story commercial building in Hudson Square, Manhattan. Designed by COOKFOX Architects and developed by the joint venture Hudson Square Properties, which includes Trinity Church Wall Street, Hines, and Norges Bank Investment Management, the 270,000-square-foot structure connects on nearly every floor to the adjacent 345 Hudson Street via a horizontal overbuild for a total of 715,000 square feet of leasable office space, with floor plates up to 87,000 square feet each. Tishman Construction is the contractor for the property, which is located on a rectangular plot of land bound by Greenwich Street to the west, Charlton Street to the south, and King Street to the north.

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Articles by Michael Young

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