Midtown

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

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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Cladding Reaches Monogram New York’s Crown at 135 East 47th Street in Midtown East, Manhattan

Façade installation has reached the Art Deco-inspired crown of Monogram New York, a 35-story residential skyscraper at 135 East 47th Street in Midtown East. Designed by Ismael Leyva Architects and developed by Navigation Capital Group, the 500-foot-tall structure will yield 191 condominium units designed by Shanghai-based Neri & Hu in studio to two-bedroom penthouse layouts, as well as 5,000 square feet of ground-floor retail space. Anthology Group is the hospitality partner and Cauldwell Wingate is the general contractor for the tower, which is located between Lexington and Third Avenues. CORE is handling sales and marketing of the units with asking prices ranging from under $1 million to $5 million for the four-bedroom penthouses.

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Façade Installation Begins on 550 Tenth Avenue in Hell’s Kitchen, Manhattan

Work is unfolding rapidly on 550 Tenth Avenue, a 47-story residential skyscraper in Hell’s Kitchen, Manhattan. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 520-foot-tall structure will yield 430,000 square feet and 453 rental units, with 137 reserved for affordable housing, as well as 9,000 square feet of lower-level retail space, over 20,000 square feet of amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the property, which is located along Tenth Avenue between West 40th and 41st Streets.

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36 West 38th Street Rises Above Street Level in Midtown, Manhattan

Construction has reached street level on 36 West 38th Street, a 20-story hotel in Midtown, Manhattan. Designed by Gene Kaufman and developed by Onboard Hospitality LLC, which purchased the property for $19 million in a bankruptcy auction from Gemini Real Estate in 2017, the structure will stand 205 feet tall and yield an undisclosed number of hotel rooms. Omnibuild Construction is the general contractor for the project, which is located between Fifth and Sixth Avenues, just south of Bryant Park.

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KPF’s 520 Fifth Avenue Supertall Continues its Ascent in Midtown, Manhattan

Construction is rising on 520 Fifth Avenue, a 76-story residential supertall in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 1,000-foot-tall skyscraper will yield 507,608 square feet with 98 residential units, as well as commercial space on the lower floors 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.

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