Articles by Michael Young and Matt Pruznick

18 West 55th Street Begins Ascent in Midtown, Manhattan

8:00 am on February 3, 2024 By Michael Young and Matt Pruznick

Construction is rising on 18 West 55th Street, a 26-story residential building in Midtown, Manhattan. Designed by Morris Adjmi Architects and developed and built by Skyline Developers, which purchased the property for $83 million in 2017 under the 18 West 55th Street LLC, the 289-foot-tall structure will span 152,084 square feet and yield 97 rental units with an average scope of 1,319 square feet, as well as 6,380 square feet of ground-floor commercial space and a 10,343-square-foot cellar level. The project is located on a formerly vacant interior lot situated next to the Peninsula Hotel between Fifth and Sixth Avenues.

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New Renderings Revealed For 520 Fifth Avenue Supertall in Midtown, Manhattan

8:00 am on February 1, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for 520 Fifth Avenue, a 1,002-foot residential supertall skyscraper under construction in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 88-story structure will span 415,000 square feet and yield 100 condominium units and commercial space spread across the ground floor 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.

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Foundations Underway at 300 East 50th Street in Midtown East, Manhattan

8:00 am on January 30, 2024 By Michael Young and Matt Pruznick

Foundations are underway at 300 East 50th Street, the site of a 23-story residential building in the Turtle Bay section of Midtown East, Manhattan. Designed by BKSK Architects and developed by MAG Partners in collaboration with Global Holdings, KRW Realty Advisors, Krown Point, and Safanad, the 275-foot-tall structure will span 170,000 square feet and yield 194 units, with 30 percent allocated to affordable housing, as well as ground-floor retail space, a cellar level, and a 30-foot-long side yard. 300 East 50th Street Owner LLC is listed as the owner and Urban Atelier Group is the general contractor for the property, which is located at the intersection of Second Avenue and East 50th Street.

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Demolition Wraps Up At 540 Third Avenue in Murray Hill, Manhattan

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

Demolition is finishing up at 540 Third Avenue, the site of a 22-story residential building in Murray Hill, Manhattan. Designed by Ismael Leyva Architects and developed by Robert Gilardian of Gilar Realty, the 235-foot-tall structure will span roughly 109,000 square feet and yield 160 rental units with an average scope of 625 square feet, as well as 3,747 square feet of ground-floor commercial space and a cellar level. Third Avenue Pavilions Residences is listed as the owner and Celtic Services NYC Inc. is the demolition contractor for the property, which is alternately addressed as 162 East 36th Street and located at the corner of Third Avenue and East 36th Street.

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38 West 8th Street Readies for Façade Installation in Greenwich Village, Manhattan

8:00 am on January 28, 2024 By Michael Young and Matt Pruznick

Construction has topped out on 38 West 8th Street, a seven-story mixed-use building in Greenwich Village, Manhattan. Designed by Morris Adjmii Architects and developed by Straus Group under the Clinton Eight Realty LLC, the structure will yield condominium units, a community facility, and commercial space with 104 feet of frontage. The project also includes repairs to the adjacent structure to the south at 177 MacDougal Street. Empire State Contractors is the general contractor for the property, which is situated at the corner of West 8th and MacDougal Streets.

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