Midtown

430 East 58th Street Begins to Rise Above Sutton Place, in Midtown East

8:00 am on May 27, 2019 By Michael Young

After several years of legal battles between developers involved with the project, and NIMBYs who were not, construction on 430 East 58th Street, aka 3 Sutton Place, is finally now rising above street level. The first set of reinforced concrete floors have already been poured, and formwork is now above the adjacent buildings. A slight cantilever on the eastern elevation is beginning to form and protrude outwards. The future residential skyscraper was formerly being designed by Foster + Partners, but is now being overseen by Thomas Juul-Hansen, and is set to rise 800 feet over the Midtown East neighborhood of Sutton Place. Gamma Real Estate is the developer, and the lot is located between Sutton Place South and First Avenue.

Read More

One Vanderbilt Reaches First Crowning Setback, in Midtown East

8:00 am on May 13, 2019 By Michael Young

One Vanderbilt has reached a significant milestone in Midtown East. Construction has begun on the setbacks that will form the signature crown and hold the architectural spire for the supertall office building. White steel beams that make up the sloped top of the setback are visible on the western elevation, while the core walls are also rising and can be seen from a distance. Kohn Pedersen Fox is the architect and SL Green is the developer of the future 58-story tower, which will stand 1,401 feet when finished and yield nearly 1.75 million square feet of commercial space.

Read More
1568 Broadway, Rendering courtesy of ARX Solutions

1568 Broadway Begins Billboard Removal Ahead of Structural Demolition, in Times Square

8:00 am on May 11, 2019 By Michael Young

Black shrouds and scaffolding have gone up over 1568 Broadway’s lower floors as crews begin the process of removing its Times Square-facing billboards and marquees. Meanwhile, workers are beginning to gut the interiors of the 470-foot-tall tower ahead of its imminent demolition. Built in 1990, the current DoubleTree hotel will eventually make way for a new 46-story DoubleTree Suites by Hilton. The proposed 550,000-square-foot development, which will be called TSX Broadway, will preserve of the 106-year-old Palace Theatre by raising it three stories up from the ground floor, making way for retail space. The $2.5 billion project is being developed by L&L Holding Company, Maefield Development, and Fortress Investment Group. The site was previously purchased for $450 million.

Read More
Fetching more...