New York YIMBY

270 Park Avenue’s First Office Levels Begin Formation in Midtown East, Manhattan

8:00 am on October 1, 2021 By Michael Young

Construction has reached the first office levels of JP Morgan Chase‘s new 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Steel assembly on the gargantuan ground floor has reached the eastern end of the rectangular parcel, while the rest of the flaring diagonal columns complete the outline of the base. This week, workers began to weld the first set of vertical columns and diagonal beams above the ground floor, which will become trading floors in the first tier of floor plates in the 2.5-million-square-foot behemoth. Tishman Construction is the general contractor for the project, located between Park and Madison Avenues and 47th and 48th Streets.

Aerial view of 99 Bridge - Photo by Alex Staniloff

Leasing Launches for 99 Bridge at 99 Old Amboy Road in Old Bridge, New Jersey

7:30 am on October 1, 2021 By Sebastian Morris

Leasing is now underway at 99 Bridge, a new rental property in Old Bridge, New Jersey. From BNE Realty Group, LPZ, and Sterling Properties, the community is located at 99 Old Amboy Road and houses a collection of 150 apartments and lifestyle amenities.

125 West End Avenue. Courtesy of Taconic Partners

Curtain Wall Installation Progresses on 125 West End Avenue on Manhattan’s Upper West Side

7:00 am on October 1, 2021 By Vanessa Londono

Construction continues to advance at 125 West End Avenue, a conversion of an eight-story building into a 400,000-square-foot, state-of-the-art life sciences and research laboratory on Manhattan’s Upper West Side. Designed by Perkins+Will and developed by Taconic Partners, Nuveen Real Estate, and LaSalle Investment Management, the project will be the largest life science development in NYC since the Alexandria Center at 430 East 29th Street, and will help meet the growing demand for occupancy-ready, pre-built lab space in the city. JB&B is leading engineering, JRM Construction is managing construction, and CBRE is handling leasing. The property is located on the west side of the avenue between West 65th and 66th Streets.

Permits Filed for 4180 Carpenter Avenue in Wakefield, The Bronx

6:30 am on October 1, 2021 By Vanessa Londono

Permits have been filed for a five-story mixed-use building at 4180 Carpenter Avenue in Wakefield, The Bronx. Located between East 232nd and East 233rd Streets, the interior lot is one block west of the 233rd Street subway station, serviced by the 2 and 5 trains. Mark Stagg of RYTY Home Builders LLC is listed as the owner behind the applications.

RIU Plaza Hotel Nears Completion at 145 West 47th Street in Times Square, Manhattan

8:00 am on September 30, 2021 By Michael Young

Work is nearing completion on the RIU Plaza Hotel, a 48-story tower at 145 West 47th Street in Times Square. Designed by Berg + Moss Architects and developed by Tribeach Holdings, the 353,000-square-foot reinforced concrete edifice stands between Sixth and Seventh Avenues and will soon open its 630 rooms to guests. Transom Builders Group is the general contractor for the building.

Rendering of 26-25 Fourth Street. Designed by J Frankl Associates

Developers Secure $65.9M for 165-Unit Building at 26-25 Fourth Street in Astoria, Queens

7:30 am on September 30, 2021 By Sebastian Morris

SCALE Lending recently provided $65.9 million in financing to facilitate the completion of a new 19-story residential building at 26-25 Fourth Street in Astoria, Queens. Designed by J Frankl Associates and developed by Bruman Realty, the 289,000-square-foot structure will stand 204 feet tall and yield 165 rental apartments, 38,000 square feet of retail space, and a 101-vehicle parking garage on a lot between 26th and 27th Avenues.

Tangram House West Nears Completion in Downtown Flushing, Queens

7:00 am on September 30, 2021 By Vanessa Londono

Sales recently kicked off for Tangram House West as the mixed-use development nears completion in Downtown Flushing, Queens. Developed in a joint partnership between F&T Group and SCG America and designed by Margulies Hoelzli Architecture, Tangram yields 1.2 million square feet with retail, residential, office, and hotel components. Bound by College Point Boulevard, Prince Street, and 37th and 39th Avenues, the 13-story building at 133-27 39th Avenue has 132 residential units. Inventory mix breaks down to 105 studio and one-to-two-bedroom residences, plus 27 penthouses ranging from one- to four-bedrooms layouts.

Permits Filed for 88-06 161st Street in Jamaica, Queens

6:30 am on September 30, 2021 By Vanessa Londono

Permits have been filed for a seven-story mixed-use residential building at 88-06 161st Street in Jamaica, Queens. Located at the intersection of Hillside Avenue and 161st Street, the corner lot is two blocks east of the Parsons Boulevard subway station, serviced by the E and F trains. Joshua Asherian of A&R Properties Group is listed as the owner behind the applications.

1,046-Room Hilton Tower Nears Completion at 150 West 48th Street in Times Square, Manhattan

8:00 am on September 29, 2021 By Michael Young

Façade work is rapidly progressing on the recently topped-out 150 West 48th Street, a 418-foot-tall, 38-story triple-brand Hilton hotel tower in Times Square. Designed by Gene Kaufman Architect and developed by Sam Chang of McSam Hotel Group, the 320,000-square-foot structure will yield 1,046 hotel rooms with a Hampton Inn, a Home 2 Suites, and a Motto Hotel, Hilton’s newest brand of micro-hotels. McSam Hotel Group purchased the Midtown, Manhattan site from Rockefeller Group in early 2019 for $140 million, and also received a $250 loan before construction broke ground last year. Omnibuild is in charge of erecting the tower, which is located by the corner of West 48th Street and Seventh Avenue.

Rendering shows Two Bridges waterfront with several proposed large-scale buildings. Credit: SHoP Architects.

Two Bridges Associates Files Permits for 71-Story Skyscraper at 265 South Street on the Lower East Side

7:30 am on September 29, 2021 By Vanessa Londono

Permits have been filed for a 71-story mixed-use skyscraper with affordable Housing at 265 South Street in Manhattan’s Lower East Side. Located adjacent to Rutgers Park between Jefferson Street and Frank T. Modica Way, the lot was previously addressed as 260 South Street. Four blocks north of the site is the East Broadway subway station, serviced by the F train. Two Bridges Associates L.P., a partnership between L+M Development Partners and the CIM Group, is listed as the owner behind the applications.

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