Articles by Michael Young and Matt Pruznick

1487 First Avenue Rises Above Street Level on Manhattan’s Upper East Side

8:00 am on January 4, 2024 By Michael Young and Matt Pruznick

Construction is rising on 1487 First Avenue, a 35-story residential building on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Carmel Partners, which purchased the property from Robert Chou for $73.5 million in early 2022, the 404-foot-tall structure will yield 206 condominium units, 7,120 square feet of ground-floor retail space, and a cellar level. CP VII 78th Street Owner is the owner and Carmel Construction East is the general contractor for the project, which is located at the southwestern corner of First Avenue and East 78th Street.

Anagram Wraps Up at 1 West 60th Street on Manhattan’s Upper West Side

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

Construction is wrapping up on Anagram, a 25-story residential at 1 West 60th Street on Manhattan’s Upper West Side. Designed by INC Architecture & Design with SLCE Architects as the architect of record and developed by Global Holdings Management Group, the 281-foot-tall structure spans 180,813 square feet and yield 123 market-rate and affordable housing units with interiors by The Setting, as well as 20,000 square feet of retail space on the first two levels. Pavarini McGovern is the general contractor and DeSimone Consulting Engineers is the façade consultant for the property, which is alternately addressed as 1841 Broadway and located at the corner of Broadway and West 60th Street, just north of Columbus Circle and the southwest corner of Central Park.

ODA’s 126 East 57th Street Begins Ascent in Midtown, Manhattan

8:00 am on January 2, 2024 By Michael Young and Matt Pruznick

Construction is rising on 126 East 57th Street, a 28-story residential building on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall structure will yield 147 condominium units with an average scope of 1,156 square feet, as well as 5,000 square feet of lower-level retail space. WSP USA is the engineer and Plaza Construction is the general contractor for the property, which is being constructed on an L-shaped parcel at the corner of East 56th Street and Lexington Avenue, with a narrow extension to East 57th Street.

125 West 57th Street’s Glass Façade Begins Installation in Midtown, Manhattan

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

Construction is rising on 125 West 57th Street, a 26-story commercial building on Billionaires’ Row in Midtown, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Cain International, the 440-foot-tall structure will span 260,000 square feet and yield 185,000 square feet of Class A office space, 7,000 square feet of retail space, and a new home for the Calvary Baptist Church, which has operated on the site since 1883 and sold the property to the developers for $150 million in 2017. Leading Builders Group is the general contractor for the project, which is located on an interior lot between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects‘ 111 West 57th Street.

Fulton Residences Completes Construction at 1079 Fulton Street in Clinton Hill, Brooklyn

7:30 am on January 1, 2024 By Michael Young and Matt Pruznick

Construction is complete on The Fulton Residence, a seven-story residential building at 1079 Fulton Street in Clinton Hill, Brooklyn. Developed by New Start Development, which purchased the property for $10.25 million, the project involved the conversion of a vacant homeless shelter into a rental apartment building spanning 26,000 square feet and yielding 30 units in studio- to two-bedroom layouts with an average scope of 867 square feet. Mabe Group, Inc. served as the general contractor for the development, which is located at the corner of Fulton Street and Classon Avenue.

JPMorgan Chase’s Supertall Nears its Pinnacle at 270 Park Avenue in Midtown East, Manhattan

8:00 am on December 31, 2023 By Michael Young and Matt Pruznick

The tallest building on our year-end construction countdown is 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 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.

Demolition Finishes at 620 Twelfth Avenue in Hell’s Kitchen, Manhattan

7:30 am on December 31, 2023 By Michael Young and Matt Pruznick

Demolition has concluded at 620 Twelfth Avenue, the site of a six-story storage and office facility in Hells Kitchen. Owned by Edison Properties and leased to Verizon Communications for $50 million, the structure will span 269,000 square feet and include a cellar level, which may feature on-site parking for the network operator. Nordest Services served as the demolition contractor for the property, which is alternately addressed as 648 West 48th Street and is bound by West 47th and West 48th Streets and the Hudson River Greenway.

Foundation Work Progresses for 740 Eighth Avenue in Midtown, Manhattan

8:00 am on December 30, 2023 By Michael Young and Matt Pruznick

At number two on our year-end countdown of the tallest buildings under construction in New York is 740 Eighth Avenue, a 1,067-foot mixed-use supertall skyscraper in Midtown, Manhattan. Designed by ODA with SLCE Architects as the architect of record and developed by Extell, the 52-story structure will span 776,000 square feet with an 825-room hotel on the lower half and a public observatory with a drop ride attraction above. The property will also feature lower-level retail space, a restaurant on two of the upper floors, and a pool deck for hotel guests. Lendlease is the general contractor, WSP is the structural engineer, and Ancora Engineering is handling excavation and foundations for the project, which is located along Eighth Avenue between West 45th and 46th Streets on the border of Times Square and Hell’s Kitchen.

Rendering of 520 Fifth Avenue and the Midtown skyline

520 Fifth Avenue’s Curtain Wall Takes Shape in Midtown, Manhattan

8:00 am on December 29, 2023 By Michael Young and Matt Pruznick

At number three on our year-end countdown of the tallest buildings under construction in New York is 520 Fifth Avenue, a 1,002-foot residential supertall skyscraper 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 with interior design by Charles & Co., as well as commercial space on 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.

The Greenwich’s Exterior Nears Completion at 125 Greenwich Street in Financial District, Manhattan

8:00 am on December 28, 2023 By Michael Young and Matt Pruznick

The fourth-tallest building on our year-end construction countdown is The Greenwich, a 912-foot-tall 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 88-story structure will yield 273 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.

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Articles by Michael Young and Matt Pruznick

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