Articles by Michael Young

Foundations Underway at 300 East 83rd Street on Manhattan’s Upper East Side

8:00 am on March 9, 2023 By Michael Young

Foundation work is progressing at 300 East 83rd Street, the site of a 22-story residential building in the Yorkville section of the Upper East Side. Designed by SLCE Architects and developed by Lalezarian Group, the 235-foot-tall structure will span 84,266 square feet and yield 70 units, as well as cellar and ground-floor retail space. The homes will average 1,203 square feet, likely indicating condominiums. Hudson 37 LLC is the general contractor for the property, which is located at the corner of East 83rd Street and Second Avenue.

KPF’s 520 Fifth Avenue Supertall Rises Above Street Level in Midtown, Manhattan

8:00 am on March 8, 2023 By Michael Young

Construction is rising above street level 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 structure will span 507,608 square feet yield 100 residential units, as well as commercial space on the lower floors and four cellar levels. WSP is the structural engineer, DeSimone Consulting Engineers is the facade 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.

Curtain Wall Installation Begins on JPMorgan Headquarters at 270 Park Avenue in Midtown East, Manhattan

8:00 am on March 7, 2023 By Michael Young

The first curtain wall panels have begun installation on JPMorgan Chase‘s rising 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners and developed by Tishman Speyer, the 70-story skyscraper will yield 2.5 million square feet of office space for 15,000 employees, and will become the tallest structure in New York powered entirely by hydroelectric energy. Adamsom Associates is the architect of record, Banker Steel provided the steelwork, NYC Constructors is the steel subcontractor, Mueser Rutledge Consulting Engineers (MRCE) designed the structural foundation elements, Severud Associates is the engineer of record, R&R Scaffolding Ltd. will provide the BMU, and AEOCOM Tishman is the general contractor for the property, which occupies a full block 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.

27 Park Place’s Renovation Nears Completion in Tribeca, Manhattan

7:30 am on March 7, 2023 By Michael Young

Exterior work is nearing completion on 27 Park Place, a five-story commercial building in Tribeca. Designed by Michael Schmitt Architect PC, the project involves a full gut renovation and exterior restoration to remediate damage from a six-alarm fire that ravaged the structure in September 2017. Empire State Development is the general contractor for the property, which is bound by Murray Street to the north, Park Place to the south, and Church Street to the west.

Final Exterior Work Underway on FÖRENA at 540 Sixth Avenue in Chelsea, Manhattan

8:00 am on March 6, 2023 By Michael Young

Construction is nearing completion on FÖRENA, a 12-story residential building at 540 Sixth Avenue in Chelsea. Designed by Morris Adjmi Architects and developed by Landsea Homes and DNA Development, the 80,000-square-foot structure will yield 50 condominium units in one- to three-bedroom layouts with pricing starting at $1.575 million. Fredrik Eklund and John Gomes of The Eklund Gomes Team and The Tuinstra-Davis Team at Douglas Elliman are leading sales and marketing for the property, which was built by Ryder Construction at the corner of West 14th Street and Sixth Avenue, on the border with Greenwich Village.

604 Fifth Avenue Wraps Up Renovation Work in Midtown, Manhattan

7:30 am on March 6, 2023 By Michael Young

Renovation work is complete on 604 Fifth Avenue, a six-story commercial building in Midtown, Manhattan. Designed by William Van Alen, architect of the Chrysler Building, the 65-foot-tall structure opened as the Childs Building in 1924 and most recently housed an 18,000-square-foot TGI Fridays. Japanese confectioner Minamoto Kitchoan purchased the property from The Riese Organization for $45 million in April 2021 for its new flagship store. Andrew Pettit Architect was the designer and Cross Management Corp. was the general contractor for the interior and exterior renovation project, which is located between East 48th and 49th Streets.

Redesign Revealed for 45 Broad Street in Manhattan’s Financial District

8:00 am on March 5, 2023 By Michael Young

YIMBY spotted a series of new exterior renderings for 45 Broad Street, a long-stalled site located in the Financial District of Lower Manhattan. Originally designed by CetraRuddy and developed by Madison Equities and Gemdale Properties, the formerly planned 1,115-foot supertall residential skyscraper appears to have a new and shorter undisclosed architectural height with a completely new design by Handel Architects. Lendlease will be the general contractor and take over from Pizzarotti LLC for the ground-up development, which will have 221,000 square feet of rentable space, 302 units most likely being condominiums, and 52 floors built atop a narrow interior lot between Exchange Place and Beaver Street.

155-165 West 29th Street Nears Completion in Chelsea, Manhattan

7:30 am on March 5, 2023 By Michael Young

Construction is nearing completion on 155-165 West 29th Street, a 17-story self-storage facility in Chelsea, Manhattan. Designed by Mancini Duffy and developed by Highland Development Ventures and The Davis Companies, the 223-foot-tall reinforced concrete structure will yield 180,000 square feet and 6,300 storage units. The developers acquired the interior rectangular in early 2021 for $62.5 million, and construction costs are estimated around $84 million. Div West 29th Street LLC is the owner, Cauldwell Wingate is the contractor, and McNamara Salvia is the structural engineer for the property, which is located between Sixth and Seventh Avenues.

East Midtown Greenway Nears Completion Along the Sutton Place Waterfront in Midtown, Manhattan

8:00 am on March 4, 2023 By Michael Young

Work is closing in on completion on the East Midtown Greenway, a 1.8-acre public promenade along the East River waterfront in Turtle Bay. Designed by Stantec, the 2,000-foot-long plaza runs from East 53rd to 61st Streets and is the second phase of the three-segment East Midtown Waterfront Esplanade, which will eventually stretch down to East 38th Street with recreation space for pedestrians and bicyclists. The $100 million project is located to the east of the FDR Drive and will also include a new park entrance at East 60th Street, a pedestrian bridge, and the revamping of Andrew Haswell Green Park and the Alice Aycock Pavilion.

Fifth Avenue Hotel Nears Completion at 1 West 28th Street in NoMad, Manhattan

8:00 am on March 3, 2023 By Michael Young

Work is nearing completion on the Fifth Avenue Hotel at 1 West 28th Street in NoMad. Designed by Perkins Eastman, PBDW Architects, and Martin Brudnizki Design Studio and developed by Flaneur Hospitality, the project consists of a new 24-story, 230-foot-tall tower and the restoration and hotel conversion of the adjacent five-story McKim, Mead & White-designed structure. CNY Group is the general contractor for the property, which is alternatively addressed as 250 Fifth Avenue and is located at the northwest corner of Fifth Avenue and West 28th Street.

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Articles by Michael Young

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