Articles by Michael Young and Matt Pruznick

Arloparc’s Exterior Progresses at 126 East 86th Street on Manhattan’s Upper East Side

8:00 am on July 1, 2023 By Michael Young and Matt Pruznick

Exterior work is progressing on Arloparc, a 20-story residential building at 126 East 86th Street on Manhattan’s Upper East Side. Designed by Zproekt Architects and developed by Rybak Development and BK Developers, the 79,842-square-foot structure will yield 28 condominium units designed by STUDIO20MIGLIA, as well as 2,700 square feet of commercial space. Rybak is also serving as the general contractor, Molly Elizabeth is the interior designer, and Corcoran New Development is handling sales and marketing for the property, which is located on a narrow rectangular plot between Lexington and Park Avenues.

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

7:30 am on June 27, 2023 By Michael Young and Matt Pruznick

Renovation 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 interior and exterior refurbishment following a six-alarm fire that heavily damaged the structure in 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.

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Demolition Nears Completion for PENN15 Supertall at 15 Penn Plaza in Midtown, Manhattan

8:00 am on June 26, 2023 By Michael Young and Matt Pruznick

Demolition is progressing toward street level on the Hotel Pennsylvania, which is being razed to make way for PENN15, a 1,200-foot commercial supertall at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the 56-story skyscraper will yield 2.7 million square feet of office space and will stand as the centerpiece of the massive 7.4-million-square-foot Penn District master plan. Northstar Contracting Group is the demolition contractor for the Hotel Pennsylvania, which is located along Seventh Avenue between West 32nd and 33rd Streets.

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Rendering of Six Garfield - Courtesy of V1

Six Garfield Nears Completion at 6 Garfield Place in Park Slope, Brooklyn

7:30 am on June 26, 2023 By Michael Young and Matt Pruznick

Construction is wrapping up on Six Garfield, a 12-story condominium building at 6 Garfield Place in Park Slope, Brooklyn. Designed by DXA Studio and developed by New Empire Real Estate, the structure will yield 33 units in one- to four-bedroom layouts, as well as a suite of amenities. The Aguayo Team at Brown Harris Stevens Development Marketing is leading sales and marketing and New Empire Building is the general contractor for the property, which is located at the corner of Fourth Avenue and Garfield Place.

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Silverstein Properties and Parx Casino Reveal The Avenir at 514 Eleventh Avenue in Midtown, Manhattan

8:00 am on June 24, 2023 By Michael Young and Matt Pruznick

A new set of renderings has been revealed for The Avenir, Silverstein Properties and Parx Casino’s bid for a 1.8-million-square-foot hotel, gaming, entertainment, and residential complex at 514 Eleventh Avenue in Midtown, Manhattan. Designed by Steelman Partners and CetraRuddy, the 46-story two-tower complex will yield 1,000 guests rooms, more than 100 affordable housing units reserved for New Yorkers, 12 full-service restaurants, an elevated 1,000-seat performance hall, and an eight-story, 600,000-square-foot podium. The project aims to create 4,000 union construction jobs, over 5,500 permanent union jobs, and billions of dollars in economic development for the state and city. The property, owned by Silverstein since 1984 and alternatively addressed as 520 West 41st Street, spans a full block between West 40th and West 41st Streets and Eleventh and Galvin Avenues, just north of the Jacob K. Javits Center. The plot has sat vacant for the last eight years, and the development team expects the project to be shovel ready upon approval.

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