Following a ground-up renovation of 711 Fifth Avenue, Michael Shvo of SHVO has revealed new plans to transform the upper levels of the building into an exclusive, members-only destination. Core Club, a global social club, has inked a 20-year lease with SHVO to occupy 60,000 square feet spread across four floors.
Parkview Financial has provided $66 million in construction financing for developers to complete a new 131-unit multifamily rental building in Windsor Terrace, Brooklyn. Construction has already broken ground at 57 Caton Place, where the building will eventually rise nine stories above ground.
An extensive renovation of the historic ‘Lever House’ in Midtown East officially kicked off this week. Valued at $100 million, the project aims to transform and modernize the commercial property into a boutique office tower, while also restoring areas of the building that have not withstood the tests of time.
Two Manhattan West, a 58-story commercial tower, has officially topped out in Midtown West. Designed by Skidmore, Owings & Merrill, the 935-foot-tall, 2-million-square-foot skyscraper is the final component in Brookfield Properties’ five-building Manhattan West complex, and stands directly to the south of its 996-foot-tall fraternal twin, One Manhattan West.
The first rendering has been released for 24-01 Queens Plaza North, a 19-story residential tower in Long Island City, Queens. Designed by ODA New York and developed by New Empire Corporation, the building will house more than 100 condominium units ranging from studios up to two-bedrooms. The amenity offerings will include a penthouse resident lounge, communal outdoor spaces, on-site parking, and a fitness center. The lower levels of the building will also house an unspecified commercial volume.
