Articles by Michael Young

Rendering of 258-278 8th Avenue - Courtesy of JJ Operating

Demolition Underway at 258-278 Eighth Avenue in Chelsea, Manhattan

8:00 am on January 16, 2022 By Michael Young

Demolition is ramping up at 258-278 Eighth Avenue, the site of a 12-story mixed-use building in Chelsea, Manhattan. Developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, which acquired the 40,000-square-foot parcel in 2017, the new building will yield multiple levels of retail space and 190 rental apartments. Breeze is the general contractor and Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project, which is located along Eighth Avenue between West 23rd and West 24th Streets. The architect is still unknown.

Aloft Hotel’s Envelope Nears Completion at 132 West 28th Street in Chelsea, Manhattan

7:30 am on January 16, 2022 By Michael Young

Construction is getting closer to completion on the Chelsea Aloft Hotel, a 32-story tower at 132 West 28th Street. Designed by Peter Poon Architects and developed by Frank Ng, the 326-foot-tall reinforced concrete structure will yield 203 guest rooms. Milestone Construction Corporation is the general contractor for the Midtown, Manhattan project, which is located in the Flower District between Sixth and Seventh Avenues.

RIU Plaza Hotel’s Façade Installation Wraps Up At 145 West 47th Street In Times Square, Manhattan

8:00 am on January 15, 2022 By Michael Young

Work is wrapping up on the RIU Plaza Hotel, a 48-story skyscraper at 145 West 47th Street in Times Square. Designed by Berg + Moss Architects and developed by Tribeach Holdings, the 519-foot-tall, 353,000-square-foot reinforced concrete superstructure will yield 630 rooms. Transom Builders Group is the general contractor for the property, which is located between Sixth and Seventh Avenues.

SOM’s 28&7 Stands Completed at 322-326 Seventh Avenue in Chelsea, Manhattan

8:00 am on January 14, 2022 By Michael Young

Construction is complete on 28&7, a 12-story office building at 322-326 Seventh Avenue in Chelsea. Designed by Skidmore, Owings & Merrill and developed by Corem and GDSNY, the reinforced concrete superstructure yields 105,000 square feet of office space marketed by CBRE. Triton Construction was the general contractor for the project, which is located at the corner of West 28th Street and Seventh Avenue, directly above the 28th Street subway station, servicing the local 1 train. The developers are aiming for LEED Gold and WELL certifications.

Park House Completes Construction at 500 West 22nd Street in Chelsea, Manhattan

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

Construction is wrapping up on Park House, an eight-story residential building at 500 West 22nd Street in West Chelsea. Alternately addressed as 197 Tenth Avenue, the 33,662-square-foot structure is designed by Annabelle Selldorf of Selldorf Architects for Brantwood Capital and will yield ten residential units atop 1,959 square feet of ground-floor retail space, and a main lobby along West 22nd Street. Compass is handling sales and marketing for the homes, which range from one- to four-bedroom units and two duplex penthouses, with pricing from $2.65 million to $12 million. Foundations Group is the general contractor for the building, which is located at the intersection of Tenth Avenue and West 22nd Street, a short distance from the High Line.

Maverick Wraps Up Construction at 215 West 28th Street in Chelsea, Manhattan

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

Work is wrapping up on Maverick, a 20-story two-building residential development at 215 West 28th Street in Chelsea. Designed by DXA Studio and developed by HAP Investments, the 250-foot-tall reinforced concrete structures yield a combined 162,834 square feet and 87 condominium units, as well as 20,000 square feet of ground-floor retail space. Douglas Elliman Development Marketing and Fredrik Eklund’s and John Gomes’ Eklund | Gomes team are responsible for sales and marketing for the residences, with Alex Lundqvist as the sales director in charge. The property is located between Seventh and Eighth Avenues across from the Fashion Institute of Technology campus, in a stretch of the street that has seen a tremendous amount of vertical transformation with new offices and homes being built in the vicinity.

The Cortland’s Brick Envelope Nears Completion at 555 West 22nd Street in West Chelsea, Manhattan

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

Façade installation is getting close to completion on The Cortland, a 25-story residential building at 555 West 22nd Street in West Chelsea. Designed by Robert A. M. Stern Architects with SLCE Architects as the architect of record and developed by Related Companies, the structure will yield 144 residential units spread over 250,000 square feet, for an average of 2,245 square feet. Related Sales LLC and CORE are the co-sales and marketing agents for the property, which is located along West Street across from Hudson River Park between West 22nd and West 23rd Streets. Sales will launch early this year and homes range from studios to five-bedroom layouts, along with a collection of exclusive penthouses.

Charlotte of The Upper West Side’s Exterior Progresses on Manhattan’s Upper West Side

7:30 am on January 11, 2022 By Michael Young

Exterior work is continuing on Charlotte of The Upper West Side, a nine-story condominium building at 470 Columbus Avenue on Manhattan’s Upper West Side. Designed by BKSK Architects and developed by The Roe Corporation, the structure is engineered to meet eco-friendly standards set by the German-based Passive House Institute, which is known to reduce energy consumption for heating and cooling by up to 90 percent. Alyssa Kapito Interiors and BKSK both designed the interiors, Compass is handling sales and marketing of the seven full-floor condominiums, and Hudson Meridian Construction Group is the general contractor for the project, which is located between West 82nd and 83rd Streets, just north of the American Museum of Natural History.

241 West 28th Street’s Brick Façade Begins Installation in Chelsea, Manhattan

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

Construction has topped out on 241 West 28th Street, a 22-story two-tower residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the 235-foot-tall, 400,000-square-foot development will yield 480 residential units with 30 percent reserved for low- and middle-income households. 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. MAG Partners acquired the Midtown, Manhattan property in December 2018 when it was still an open-surface parking lot and established a 99-year ground lease with Edison Properties.

Excavation Progresses at 308 West 43rd Street in Midtown, Manhattan

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

Excavation is progressing at 308 West 43rd Street, the site of a two-building residential development in Midtown, Manhattan. Designed by Handel Architects and developed by Taconic Partners under the 311 West 42nd Street Associates LLC, the 373,133-square-foot development will yield 321 apartments averaging 839 square feet apiece as well as 25,202 square feet of retail space. Triton Construction is serving as the general contractor for the property, which is located between West 42nd and 43rd Streets and Eighth and Ninth Avenues, directly north of the Port Authority Bus Terminal.

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Articles by Michael Young

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