Articles by Michael Young and Matt Pruznick

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

25 Water Street’s Expansion Tops Out in Financial District, Manhattan

8:00 am on February 27, 2024 By Michael Young and Matt Pruznick

Construction has topped out on 25 Water Street, a 32-story office-to-residential conversion and expansion 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 stories above the parapet of the former 22-story office building, the replacement of much of its old façade with a modern fenestration featuring more expansive glass, and the gut renovation of its 1.1 million square feet of interiors into 1,300 rental units.

Updated rendering of 500 Main Street - Niles Bolton Associates; BRP Companies

500 Main Street Progresses in Downtown New Rochelle, New York

7:30 am on February 27, 2024 By Michael Young and Matt Pruznick

Construction is moving along on 500 Main Street, a 26-story mixed-use tower in downtown New Rochelle, New York. Designed by Niles Bolton Associates and developed by BRP Companies and the Urban Investment Group of Goldman Sachs Asset Management, the $200 million project will span 620,000 square feet and yield 477 rental apartments in studio to two-bedroom layouts, with 119 units dedicated to affordable housing, as well as 20,000 square feet for the New York Covenant Church, 2,000 square feet of retail space, and a 429-vehicle parking garage with electric vehicle charging stations. Skycore Builders Inc. is the general contractor for the development, which is being built on a 22,500-square-foot corner lot at the intersection of Main and Church Streets.

Foundations Take Shape for Two-Tower Complex at 80 Clarkson Street in West Village, Manhattan

8:00 am on February 26, 2024 By Michael Young and Matt Pruznick

Foundation work is progressing at 80 Clarkson Street, the site of a two-tower residential complex in Manhattan’s West Village. Designed by COOKFOX Architects with SLCE Architects as the architect of record and developed by Zeckendorf Development, Atlas Capital, and The Baupost Group, the $1.25 billion project will consist of 29- and 36-story towers spanning a total of 937,808 square feet with over 100 condominium units across the two towers, and commercial space on the lower levels. WSP is the structural engineer for the project.

489 Fifth Avenue’s Façade Replacement Progresses in Midtown, Manhattan

7:30 am on February 26, 2024 By Michael Young and Matt Pruznick

Re-cladding work is progressing on 489 Fifth Avenue, a 34-story Class A office building in Midtown, Manhattan. Designed by Kahn & Jacobs in the 1970s, the 175,746-square-foot structure is in the process of an extensive exterior overhaul with modern, expansive glass replacing the former window grid on the main western elevation facing the New York Public Library and Bryant Park. RBG is listed as the owner of the property, which is alternately addressed as 12 East 42nd Street and stands on a 5,100-square-foot interior lot between East 41st and East 42nd Streets.

The Greenwich by Rafael Viñoly’s Façade Installation Wraps Up At 125 Greenwich Street in Financial District, Manhattan

8:00 am on February 25, 2024 By Michael Young and Matt Pruznick

Exterior work is nearly complete on The Greenwich by Rafael Viñoly, an 88-story residential skyscraper at 125 Greenwich Street in Manhattan’s Financial District. Designed by Rafael Viñoly Architects and developed by Fortress Investment Group, Bilgili, and Bizzi & Partners, the 912-foot-tall structure will yield 272 condominium units designed by March & White (MAWD) and marketed by Douglas Elliman Marketing Development. Homes will range from studios to three-bedroom layouts with pricing starting at $1.15 million. Time Square Construction and Plaza Construction are the general contractors for the property, which is located at the corner of Greenwich and Thames Streets, just south of the World Trade Center complex and Liberty Park.

Excavation Progresses at 354-360 West 52nd Street in Hell’s Kitchen, Manhattan

7:30 am on February 25, 2024 By Michael Young and Matt Pruznick

Excavation and early foundation work is steadily progressing at 354 West 52nd Street, an upcoming seven-story condominium property in Hell’s Kitchen, Manhattan. Designed by Architecture Outfit and developed by Cadence Property Group, HOH Capital Partners, and Deal Lake Capital, who also purchased the adjacent 360 West 52nd Street lot to the west as part of the project, the future 66-foot tall, 55,000-square foot structure will yield 32 units spanning one- to three-bedrooms, stretch nearly 92 feet along West 52nd Street and include a 20-foot wide private main entrance on West 51st Street. Titanium Construction Services, Inc. is the general contractor for the site, which is located between Eighth and Ninth Avenues.

Related Companies Reveals Bid for Supertall Skyscraper Casino Complex in Hudson Yards, Manhattan

8:00 am on February 24, 2024 By Michael Young and Matt Pruznick

Plans have been revealed for Hudson Yards Phase Two, the latest bid for a potential mixed-use casino development in Manhattan. Partners Related Companies and Wynn Resorts filed plans with the Department of City Planning calling for a $12 billion complex consisting of multiple skyscrapers that would yield 1,500 apartments, 2 million square feet of office space, a public school and daycare center, and a hotel and casino operated by the Las Vegas-based hospitality brand. The development is slated to rise directly west of the first phase of Hudson Yards over the 13-acre open-air Western Rail Yards bound by West 33rd Street to the north, West 30th Street to the south, Eleventh Avenue to the east, and West Street to the west.

JPMorgan Headquarters Reaches 1,388-Foot Pinnacle at 270 Park Avenue in Midtown East, Manhattan

8:00 am on February 23, 2024 By Michael Young and Matt Pruznick

Construction has fully topped out 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. AECOM Tishman is the general contractor for the full-block project, 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.

Google Opens St. John’s Terminal Headquarters at 550 Washington Street in Hudson Square, Manhattan

8:00 am on February 22, 2024 By Michael Young and Matt Pruznick

Google held a ribbon cutting ceremony Wednesday to celebrate the opening of its New York headquarters in the expanded 1.3-million-square-foot St. John’s Terminal building at 550 Washington Street in Hudson Square, Manhattan. Designed by COOKFOX Architects and developed by Oxford Properties, the 12-story project involved the adaptive reuse of a 90-year-old former freight terminal, and serves as the centerpiece of the 1.7-million-square-foot Googleplex master plan along with 315 Hudson Street and 345 Hudson Street. Gensler was the interior designer, Future Green Studio Corp. was the landscape designer, Gilsanz Murray Steficek LLP was the structural engineer, and Structure Tone and Turner Construction were joint general contractors for the structure, which stands 232 feet tall and spans two full city blocks bound by West Street, West Houston Street, Washington Street, and the New York Department of Sanitation building.

New Renderings Released For Hoboken Point At 100 Harbor Boulevard in Weehawken, New Jersey

8:00 am on February 21, 2024 By Michael Young and Matt Pruznick

New renderings have been released for Hoboken Point, a 15-story two-tower residential development under construction at 100 Harbor Boulevard in the Lincoln Harbor section of Weehawken, New Jersey. Designed by CetraRuddy Architecture and developed by Hartz Mountain Industries, the complex will yield 262 rental units in studio to two-bedroom-plus-den layouts, a host of residential amenities, and a public waterfront esplanade. Greystar is the exclusive leasing agent and property management firm for the property, which is situated between the Hudson River and Harbor Boulevard to the east and Park Avenue and the Hudson-Bergen Light Rail tracks to the west.

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Articles by Michael Young and Matt Pruznick

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