Articles by Michael Young

39 West 23rd Street’s Glass and Stone Façade Continues Installation in Chelsea, Manhattan

7:30 am on January 19, 2021 By Michael Young

Curtain wall work is continuing to shape up at 39 West 23rd Street, a 24-story residential development in the Flatiron District. Designed by COOKFOX Architects and developed by Anbau Enterprises, the project consists of two structures spanning between West 23rd and West 24th Streets, separated by a private interior courtyard. The site sits almost directly in the center of a rectangular parcel bound by Fifth Avenue to the east and Sixth Avenue to the west.

Excavation Underway at 241 West 28th Street in Chelsea, Manhattan

7:00 am on January 19, 2021 By Michael Young

Excavation has begun at 241 West 28th Street, the site of a 22-story, 479-unit residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the two-tower development is progressing due to $173 million in construction financing arranged by Maverick Commercial Properties. MAG Partners acquired the property, which is located between Seventh and Eighth Avenues, in December 2018 and established a 99-year ground lease with Edison Properties. Thirty percent of the residential units will be reserved for low- and middle-income households.

Renderings Revealed for Pi Capital Partners’ 335 Fifth Avenue in NoMad, Manhattan

8:00 am on January 18, 2021 By Michael Young

YIMBY has exclusive new renderings for an upcoming 21-story mixed-use project at 335 Fifth Avenue in the Midtown, Manhattan neighborhood of NoMad. Designed by Raymond Chan Architect PC and developed by James and Jerry Pi of Pi Capital Partners, the 72,000-square-foot building will yield 83 rental apartments above 10,000 square feet of commercial retail space, with the latter component spanning three stories at the base. The corner site is located at the intersection of Fifth Avenue and East 33rd Street, directly to the east of the Empire State Building.

Façade Work Wraps Up at 113 West 24th Street in Chelsea, Manhattan

7:30 am on January 18, 2021 By Michael Young

Façade work is wrapping up on 113 West 24th Street, a 39-story Marriott hotel in Chelsea. Designed by Stonehill Taylor and developed by Lam Generation, the 420-foot-tall tower sits between Sixth and Seventh Avenues and is planned to yield 360 rooms averaging around 380 square feet apiece.

One Madison Avenue’s Renovation and Expansion Project Ramps Up in the Flatiron District, Manhattan

8:00 am on January 17, 2021 By Michael Young

Construction activity is underway at One Madison Avenue in the Flatiron District, where the 13-story full-block structure is being renovated and expanded with a new 18-story addition. Designed by Kohn Pedersen Fox and developed by SL Green, the project will stand 27 stories and yield 1.4 million square feet of Class A office space. Helping to develop and finance One Madison Avenue’s future are the National Pension Service of Korea and Hines, contributing a grand total of $1.25 billion in construction financing. The property is bound by East 23rd Street to the south, Madison Avenue and Madison Square Park to the west, East 24th Street to the north, and Park Avenue South to the east.

2551 Broadway Continues Vertical Ascent on Manhattan’s Upper West Side

7:30 am on January 17, 2021 By Michael Young

Construction is rising at 2551-2555 Broadway, a 22-story residential project on Manhattan’s Upper West Side. Located at the corner of Broadway and West 96th Street, the 276,578-square-foot structure is designed by Stephen B. Jacobs Group and is being developed by Extell, which purchased the property for $80 million in a sale facilitated by Eastern Consolidated. The building will yield 215,866 square feet of residential space with 130 units, likely condominiums with an average scope of 1,660 square feet, as well as 9,080 square feet of commercial space.

300 West 30th Street Nears Topping Out in Chelsea, Manhattan

7:30 am on January 16, 2021 By Michael Young

Construction is nearing topping out at 300 West Street, a 16-story mixed-use building in Chelsea. The structure will yield 80 residential units as well as ground-floor retail space. The project is designed by Studio C Architects and developed by Hiwin USA, which purchased the property from Salt Equities in May 2018 for $27.5 million. The site is located at the corner of Eighth Avenue and West 30th Street, a short walk away from number of transit hubs including Penn Station and the newly opened Moynihan Train Hall.

28 & 7’s Exterior Taking Shape at 322-326 Seventh Avenue in Chelsea, Manhattan

8:00 am on January 15, 2021 By Michael Young

Exterior work is progressing on 28 & 7, a 12-story office building at 322-326 Seventh Avenue in Chelsea. Designed by Skidmore, Owings & Merrill and developed by Klövern AB and GDSNY, the structure will yield 105,000 square feet of commercial space leased by CBRE. Triton Construction is the general contractor for the project, which is located at the corner of Seventh Avenue and West 28th Street.

Margaritaville Resort Nears Completion at 560 Seventh Avenue in Times Square, Manhattan

8:00 am on January 14, 2021 By Michael Young

Façade installation is nearing completion on the Margaritaville Resort New York at 560 Seventh Avenue in Times Square. Designed by Stonehill Taylor and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services, the 29-story, 375-foot-tall tower will yield 234 guest rooms with island-inspired interior designs. The project, which is located at the corner of Seventh Avenue and West 40th Street, is expected to cost around $300 million.

Façade Installation Resumes at 611 West 56th Street in Hell’s Kitchen, Manhattan

8:00 am on January 13, 2021 By Michael Young

Façade installation has resumed at 611 West 56th Street, aka 823 Eleventh Avenue, a 450-foot-tall condominium tower in Hell’s Kitchen. Designed by Portuguese architect Alvaro Siza with SLCE as the architect of record, and developed by Sumaida + Khurana and LENY, the 37-story tower will yield 80 units designed by Gabellini Sheppard Associates.

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Articles by Michael Young

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