Articles by Michael Young

111 Wall Street’s Exterior Renovations Progress in Financial District, Manhattan

8:00 am on May 13, 2022 By Michael Young

Work is progressing on the $100 million renovation of 111 Wall Street, a 25-story commercial building in the Financial District. Designed by STUDIOS Architecture and developed by Wafra Capital Partners and The Nightingale Group, the project involves the replacement of the structure’s 1960s envelope with a modern glass curtain wall and a complete overhaul of the interiors, which will yield 1.5 million square feet of Class A office space, new infrastructure, an expanded lobby, and amenities designed by URBN Playground. Hunter Roberts Construction Group is the general contractor and JLL is handling leasing for the property, which is bound by Wall Street and Mannahatta Park to the northeast, Front Street to the northwest, Gouverneur Lane to the southwest, and South Street and the FDR Drive to the southeast.

Excavation Underway at 250-252 East 83rd Street on Manhattan’s Upper East Side

8:00 am on May 12, 2022 By Michael Young

Excavation is progressing at 250-252 East 83rd Street, the site of a 23-story residential tower in the Yorkville section of the Upper East Side. Designed by SLCE Architects and developed by 83 Owner, LLC, the 272-foot-tall structure will yield 106 units and ground-floor retail space. Cauldwell Wingate Company is the general contractor for the property, which is located at the corner of Second Avenue and East 83rd Street.

131-141 East 47th Street Tops Out Over Midtown East, Manhattan

8:00 am on May 11, 2022 By Michael Young

Construction has topped out on 131-141 East 47th Street, a 34-story residential skyscraper in Midtown East. Designed by Ismael Leyva Architects and developed by Lex 47th Property Owner LLC, the 500-foot-tall structure will yield 191 condominium units in studio to two-bedroom units, as well as 5,000 square feet of ground-floor retail space. Hopson Development Holdings is developing the site, which was purchased from the original developers, New Empire Real Estate. Silverback Development was brought onto the project in 2020 but is now no longer part of the building. Structure Tech New York and Cauldwell Wingate are in charge of building the project, which is located between Lexington and Third Avenues.

Lyra NYC’s Curtain Wall Wrapping Up at 555 West 38th Street in Hudson Yards, Manhattan

8:00 am on May 10, 2022 By Michael Young

Curtain wall installation is getting close to completion on Lyra NYC, a 52-story residential skyscraper at 555 West 38th Street in Hudson Yards. Designed by Pelli Clarke Pelli Architects with SLCE Architects as the architect of record and developed by Rockrose, the 570-foot-tall structure will yield 598 rental units ranging from studios to two-bedrooms. Site C GC is the general contractor for the property, which is located along Eleventh Avenue between West 38th Street and West 39th Street, directly across from the Jacob K. Javits Center.

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.

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Articles by Michael Young

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