Articles by Michael Young

Gansevoort Peninsula Park Nears Completion on the West Village Waterfront, Manhattan

8:00 am on July 21, 2023 By Michael Young

Work is nearing completion on Gansevoort Peninsula Park, a new 5.5-acre public recreational green space along the Hudson River waterfront off the West Village. Designed by James Corner Field Operations and commissioned by the Hudson River Park Trust, the park will contain a full-size soccer field surrounded by lush landscaping and shrubbery, numerous pathways, stepped seating, a children’s playground, kayak slips, a salt marsh, a dog run, viewing platforms, and Manhattan’s first public sandy beach. The site is located next to Pier 53, directly across from the Whitney Museum of American Art along Hudson River Park.

JPMorgan Chase’s Headquarters Approaches Supertall Status at 270 Park Avenue in Midtown East, Manhattan

8:00 am on July 20, 2023 By Michael Young

Construction is climbing higher on JPMorgan Chase‘s 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners with Adamsom Associates as the architect of record and developed by Tishman Speyer, the 60-story skyscraper will yield 2.5 million square feet of office space with a capacity of 15,000 employees, and will become the tallest structure in New York completely powered by hydroelectric energy. JB&B is the MEP engineer and AECOM Tishman is the general contractor for the full-block property, which is bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.

Façade Installation Progresses on KPF’s 64 University Place in Greenwich Village, Manhattan

8:00 am on July 18, 2023 By Michael Young

Construction is progressing on 64 University Place, an 11-story residential building in Greenwich Village, Manhattan. Designed by Kohn Pedersen Fox and developed by Argo Real Estate and Bsafal, the 125-foot-tall structure will span 55,000 square feet and yield 28 condominium units with sales and marketing led by Fredrik Eklund and John Gomes of the The Eklund ǀ Gomes Team at Douglas Elliman Real Estate, as well as a community facility and ground-floor retail space. SPACE Copenhagen is the interior designer, Deborah Nevins is the landscape designer, and CNY Group is the general contractor for the property, which is located between East 10th and East 11th Streets.

17 West 60th Street’s Expansion And Renovation Progresses on Manhattan’s Upper West Side

7:30 am on July 18, 2023 By Michael Young

Construction is moving along on 17 West 60th Street, a renovation and expansion project for the Shefa School on Manhattan’s Upper West Side. Designed by Dattner Architects, the project involves the construction of a four-floor, 40-foot-tall pavilion atop the parapet of the 102-year-old structure that will raise its height from 12 to 16 stories, as well as the renovation of its interiors and replacement of its façade. The Jewish academic organization purchased a ground lease at the address for $49.5 million and plans to relocate from 40 East 29th Street to the new 75,000-square-foot facility. McGowan Builders is the general contractor for the property, which is located on an interior lot between Broadway and Ninth Avenue.

KPF’s 520 Fifth Avenue Supertall Rises Higher Above Midtown, Manhattan

8:00 am on July 17, 2023 By Michael Young

Construction is steadily climbing on 520 Fifth Avenue, an 88-story residential supertall in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 1,002-foot-tall skyscraper will yield 507,608 square feet with 100 condominium units, as well as commercial space on the lower floors and four cellar levels. WSP is the structural engineer, DeSimone Consulting Engineers is the façade consultant, and Suffolk Construction is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

Rendering of proposed buildings 3-5 and 3-6 within the Seward Park Extension- Handel Architects

165 Broome Street Progresses on Manhattan’s Lower East Side

8:00 am on July 15, 2023 By Michael Young

Exterior work is continuing on 165 Broome Street, a 15-story affordable housing building on Manhattan’s Lower East Side. Designed by Handel Architects and developed by Grand Street Guild Housing Development Fund Company, Grand Street Guild East Housing Development Fund Company, Southeast Grand Street Guild Housing Development Fund Company, and Clinton Broome Development LLC, the 235,235-square-foot structure is also known as “Building 3-5” and will yield 235 units in studio to three-bedroom layouts, and 65,668 square feet for parking space with a capacity for 126 vehicles. The development will eventually be joined by a 215-foot-tall, 16-story “Building 3-6” at 151 Broome Street to the east, and the properties are expected to yield a combined total of 480 units. Monadnock Construction is the general contractor for the project, which is located within the Seward Park Extension master plan and bound by Broome Street to the north, Pitt Street to the east, and Clinton Street to the west.

Excavation Progresses at 18 West 55th Street in Midtown, Manhattan

8:00 am on July 14, 2023 By Michael Young

Excavation is in full swing at 18 West 55th Street, the site of a forthcoming 24-story residential building in Midtown, Manhattan. Designed by Morris Adjmi Architects and developed Garden Homes under the 18 West 55th Street LLC, the 289-foot-tall structure will yield 152,084 square feet with 97 rental units spread across 127,909 square feet, as well as 6,380 square feet of ground-floor commercial space and a 10,343-square-foot cellar level. Garden Homes and co-developer and general contractor Skyline Developers purchased the property, which is located between Fifth and Sixth Avenues, for $75 million in 2019.

360 Bowery Office Tower Tops Out Over Noho, Manhattan

8:00 am on July 12, 2023 By Michael Young

Construction has topped out on 360 Bowery, a 22-story commercial building in Noho, Manhattan. Designed by Morris Adjmi Architects and developed by AECOM-Canyon Partners under the ACEF-CBSKI 360 Bowery LLC, the 275-foot-tall structure will yield 112,617 square feet with 72,151 square feet of office space, 26,637 square feet of community facility space, and a cellar. SK Development of CBSK Ironstate are the owners, Ancora Engineering was the engineer of record for the excavation, and CM & Associates is the general contractor for the property, which is located at the corner of Bowery and East 4th Street.

Demolition Continues for 68-Story Skyscraper at 100 West 37th Street in Midtown, Manhattan

8:00 am on July 11, 2023 By Michael Young

Demolition is steadily moving downward at 100 West 37th Street, the site of a 68-story mixed-use residential skyscraper in the Garment District of Midtown, Manhattan. Designed by C3D Architecture and developed by Sioni Group under the 989 Sixth Realty LLC, the 743-foot-tall structure will yield 384,118 square feet with 300 condominium units spread across 297,301 square feet, as well as 86,817 square feet of commercial space and two cellar levels. Northeast Specialist Group is currently serving as the demolition contractor for the corner property, which is alternately addressed as 989-993 Sixth Avenue and located at the intersection of Sixth Avenue and West 37th Street.

Rendering of completely repurposed 25 Water Street, New York City, from office to residential, courtesy of CetraRuddy.

25 Water Street Readies for 1,300-Unit Residential Conversion in Financial District, Manhattan

7:30 am on July 11, 2023 By Michael Young

Preparation work has begun for the residential conversion of 25 Water Street, a 22-story former office building in Manhattan’s Financial District. Designed by CetraRuddy and developed by GFP Real Estate, Metro Loft Management, and Rockwood Capital, the project involves the construction of ten new stories above the parapet of the existing structure, the replacement of its brick façade with a modern fenestration with more expansive windows, and the gut renovation of its 1.1 million square feet of interiors into 1,300 rental units. When complete, the conversion will be the largest ever in the United States by unit count, surpassing the recent redevelopment of One Wall Street with its 566 condominiums. Pavarini McGovern is the general contractor for the property, which is Water Street to the north, 2 New York Plaza to the south, the New York Vietnam Veterans Memorial to the east, and Broad Street to the west.

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Articles by Michael Young

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