Articles by Michael Young and Matt Pruznick

New York Korea Center Awaits Finishing Touches at 122-126 East 32nd Street in Murray Hill, Manhattan

7:30 am on August 13, 2023 By Michael Young and Matt Pruznick

Work is wrapping up on The New York Korea Center, the new seven-story home of the Consulate General of the Republic of Korea at 122-126 East 32nd Street in Murray Hill. Designed by Samoo Architects and Engineers (SAMOO) and developed by Level Group, the 120-foot-tall structure will yield 36,500 square feet and is engineered to achieve LEED Certification. KSK Construction Group is the general contractor for the property, which is located on an interior lot between Park Avenue South and Lexington Avenue.

Excavation and Demolition Underway at 729-739 Second Avenue in Murray Hill, Manhattan

8:00 am on August 11, 2023 By Michael Young and Matt Pruznick

Excavation is underway at 729 Second Avenue, the site of a 20-story residential building in Murray Hill, Manhattan. Designed by CetraRuddy and developed by Brause Realty, the 237-foot-tall structure will yield 120,000 square feet with 157 units and 4,600 square feet of ground-floor retail space. Titan Industrial SVC Corp and Alba Services Inc. are the demolition contractors for the property, which is located between East 38th and East 39th Streets.

Rendering of 250 Water Street - The Howard Hughes Corporation; SOM

Excavation Progresses for SOM’s 250 Water Street in South Street Seaport, Manhattan

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

Excavation is progressing at 250 Water Street, the site of a 25-story mixed-use building in the South Street Seaport district of Lower Manhattan. Designed by Skidmore, Owings & Merrill (SOM) and developed by The Howard Hughes Corporation, the 324-foot-tall structure will span 550,000 square feet and yield 399 total units with 100 affordable rental apartments, Class A offices, retail space, and community facility space. Suffolk Construction Company is the general contractor for the property, which is bound by Peck Slip to the northeast, Pearl Street to the northwest, Water Street to the southeast, and Beekman Street to the southwest.

Demolition Progresses for 45-Story Manhattan Detention Complex at 124-125 White Street in Chinatown, Manhattan

8:00 am on August 7, 2023 By Michael Young and Matt Pruznick

Demolition work is continuing for the Manhattan Detention Complex (MDC) at 124-125 White Street in Chinatown, Manhattan. Led by design-build organization Gramercy Group Inc., the $2.13 billion project will replace the aging detention center known as “The Tombs” with a 295-foot-tall structure spanning 1.25 million square feet and approximately 15 to 17 stories high. When complete, the MDC will stand as the tallest jail structure in the world and its modern facilities will help accommodate the planned closure of Rikers Island. AECOM-Hill JV is the construction manager for the property, which is bound by Walker Street to the north, the Manhattan Criminal Court Building to the south, Baxter Street to the east, and Centre Street to the west.

606 West 30th Street’s Glass Façade Nears Completion in West Chelsea, Manhattan

8:00 am on August 3, 2023 By Michael Young and Matt Pruznick

Façade installation is continuing on 606 West 30th Street, a 42-story residential skyscraper along the border of Hudson Yards and West Chelsea, Manhattan. Designed by Ismael Leyva Architects and developed by Lalezarian Properties, the 545-foot-tall structure will yield 312,350 square feet with 192,780 square feet of residential space and 14,240 square feet of commercial space on the lower levels. The project is referred to as Tower B in a two-skyscraper development along with the taller, completed 3ELEVEN at 601 West 29th Street from FXCollaborative and Douglaston Development. Hudson 37 LLC is the general contractor for the property, which is located on an interior lot between Eleventh Avenue and West Street, directly across from the third phase of the High Line.

Excavation and Foundations Underway at 7 Platt Street in Financial District, Manhattan

8:00 am on August 2, 2023 By Michael Young and Matt Pruznick

Construction is in full swing at 7 Platt Street, the site of a 37-story mixed-use tower in the Financial District of Lower Manhattan. Designed by Hill West Architects and developed by The Moinian Group, the 464-foot-tall structure will span 267,760 square feet and yield 250 rental apartments spread across 169,840 square feet, as well as 43,740 square feet of retail space on the first five stories and 34 below-grade parking spaces. Titanium Construction is the general contractor for the property, which is alternately addressed as 110 John Street and located on an interior lot bound by John Street to the north and Platt Street to the south.

Murray Nears Completion at 509 Third Avenue in Murray Hill, Manhattan

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

Construction is finishing up on Murray, a 35-story residential tower at 509 Third Avenue in Murray Hill, Manhattan. Designed by Ismael Leyva Architects and developed by Kahen Properties with Lalezarian Properties under the Third and Thirty Four LLC, the 386-foot-tall structure will span 166,917 square feet and yield 229 rental units with an average scope of 692 square feet, as well as 8,253 square feet of retail space on the ground floor and a private 30-foot-long yard. Charlton Development Group is the general contractor for the project, which is located at the corner of Third Avenue and East 34th Street.

304 Water Street’s Expansion Tops Out in Vinegar Hill, Brooklyn

7:30 am on August 1, 2023 By Michael Young and Matt Pruznick

Construction has topped out on 304 Water Street in Vinegar Hill, Brooklyn, where a two-story industrial structure is being expanded into a six-story residential building. Yatziv Corp. is the general contractor for the property, which was acquired by 304 Water LLC for $1.85 million in a deal brokered by Investment Property Realty Group. The 1,900-square-foot plot is located between Hudson Avenue to the east and Gold Street to the west.

1 Park Row Surpasses Halfway Mark in Manhattan’s Financial District

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

Construction is nearing topping out on 1 Park Row, a 23-story mixed-use building in Lower Manhattan’s Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will yield 103,000 square feet with 58 condominium units in one- to three-bedroom layouts, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street.

FÖRENA Completes Construction at 540 Sixth Avenue in Chelsea, Manhattan

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

Construction is complete on FÖRENA, a 12-story residential building at 540 Sixth Avenue in Chelsea. Designed by Morris Adjmi Architects and developed by Landsea Homes and DNA Development, the 80,000-square-foot structure contains 50 condominium units in one- to three-bedroom layouts with pricing starting at $1.575 million, and ground-floor retail space. Fredrik Eklund and John Gomes of The Eklund Gomes Team and The Tuinstra-Davis Team at Douglas Elliman are leading sales and marketing for the property, which was built by Ryder Construction at the corner of West 14th Street and Sixth Avenue on the border with Greenwich Village.

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Articles by Michael Young and Matt Pruznick

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