Demolition is ramping up at 415 Madison Avenue, the site of a 40-story commercial skyscraper in Midtown East. Designed by Skidmore Owings & Merrill and developed by 415 Madison Avenue LLC, the 605-foot-tall tower will yield 343,100 square feet of office space as well as a 350-square-foot ground-floor retail pavilion and a 2,400-square-foot open-air public concourse. The developer sought permits through the ULURP process and will build in compliance with the East Midtown sub-district regulations, with air rights purchased from the landmarked St. Bartholomew’s Church along Park Avenue. PAL Environmental Services is the general contractor and Rudin Management is the owner of the property, which is located at the corner of Madison Avenue and East 48th Street.
Articles by Michael Young and Matt Pruznick
Construction is rising on 33 Franklin Street, a seven-story residential building in Greenpoint, Brooklyn. Designed by StudiosC and developed by Yidel Hirsch under the Franklin 33 LLC, the 80-foot-tall structure will yield 95,000 square feet with 80 units, with a portion dedicated to affordable housing, as well as ground-floor retail space and parking for 32 vehicles. The property is alternately addressed as 82 Calyer Street and is bound by Calyer Street to the north, Quay Street to the south, and Franklin Street to the east.
Construction is complete on 1245 Broadway, a 23-story commercial building in NoMad. Designed by Skidmore Owings & Merrill and developed by GDSNY and Corem, the 318-foot-tall reinforced concrete structure yields 200,000 square feet of office space with marketing and leasing handled by CBRE. StructureTech NY and Triton Construction led construction on the property, which is located at the corner of West 31st Street and Broadway, a short walk from Koreatown, Herald Square, and Madison Square Park.
Construction is nearing the halfway point on 255 West 34th Street, a 33-story hotel tower in Midtown, Manhattan. Designed by Stonehill Taylor Architects and developed by The Chetrit Group, the 397-foot-tall structure will yield 330 hotel rooms spread across 155,594 square feet. Flintlock Construction Services is the general contractor for the property, which is located on the southern edge of the Garment District between Seventh and Eighth Avenues, right across from One Penn Plaza and within walking distance of Madison Square Garden and Moynihan Train Hall at the James A. Farley Building.
Construction is finally coming to a close on Madison House, a 62-story residential skyscraper at 126 Madison Avenue in the Midtown, Manhattan district of NoMad. Designed by Handel Architects and developed by Fosun Group and JD Carlisle, the 805-foot-tall structure yields 199 condominiums with sales led by Douglas Elliman Development Marketing. The property is alternately addressed as 15 East 30th Street and rises from a plot bound by East 31st Street to the north, East 30th Street to the south, and Madison Avenue to the east.