Midtown

Demolition Continues for KPF-Designed Skyscraper at 343 Madison Avenue in Midtown East, Manhattan

8:00 am on December 21, 2022 By Michael Young and Matt Pruznick

The 11th-tallest building on our December construction countdown is 343 Madison Avenue, a 49-story commercial skyscraper in Midtown East, Manhattan. Designed by Kohn Pedersen Fox and developed by Boston Properties, the 844-foot-tall structure will yield 750,400 square feet of office space, ground-floor retail, and multiple cellar levels. The steel-framed building will rise from a plot bound by East 45th Street to the north, East 44th Street to the south, and Madison Avenue to the west.

Rendering of One Madison Avenue Expansion. Designed by Kohn Pedersen Fox

SL Green Announces Two Culinary Destinations at One Madison Avenue in Flatiron District, Manhattan

7:30 am on December 21, 2022 By Sebastian Morris

Developer SL Green has again partnered with Michelin-starred chef Daniel Bolud on a dining concept in Manhattan. This time, the venture will launch a European-style marketplace and a steakhouse at One Madison Avenue, a new Class A office building currently under construction in Manhattan’s Flatiron District.

Demolition Nears Completion for 40-Story Office Skyscraper at 415 Madison Avenue in Midtown East, Manhattan

8:00 am on December 15, 2022 By Michael Young

The 17th-tallest building on our year-end countdown is 415 Madison Avenue, a 40-story commercial skyscraper in Midtown East. Designed by Skidmore Owings & Merrill and developed by 415 Madison Avenue LLC, the 605-foot-tall tower will yield 343,100 square feet of office space, a 350-square-foot ground-floor retail pavilion, and a 2,400-square-foot open-air public concourse. The project is being constructed in compliance with the East Midtown sub-district regulations, with air rights purchased from the landmarked St. Bartholomew’s Church along Park Avenue. PAL Environmental Services is the general contractor and Rudin Management is the owner of the property, which is located at the corner of Madison Avenue and East 48th Street.

470 Park Avenue South - Courtesy of SJP Properties

Developers Complete Modernization and Amenities Project at 470 Park Avenue South in Midtown, Manhattan

7:30 am on December 9, 2022 By Sebastian Morris

SJP Properties and PGIM Real Estate have completed significant upgrades to 470 Park Avenue South, a 12-story commercial building in Midtown, Manhattan. Facing both 32nd and 33rd Streets, the structure offers approximately 300,000 square feet of office and retail space.

Foundations Underway for 47-Story Skyscraper at 550 Tenth Avenue in Hell’s Kitchen, Manhattan

8:00 am on December 8, 2022 By Michael Young and Matt Pruznick

Number 24 on YIMBY’s countdown of the tallest projects underway in New York is 550 Tenth Avenue, a 47-story residential skyscraper in Hell’s Kitchen. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 520-foot-tall structure will span 430,000 square feet and yield 453 units, with 137 for moderate and middle incomes, as well as 9,000 square feet of retail space, over 20,000 square feet of residential 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.

Preliminary rendering of Caesars Palace Times Square - Courtesy of SL Green

Roc Nation Partners With SL Green, Caesars Entertainment for Proposed Casino at 1515 Broadway in Times Square

7:00 am on December 6, 2022 By Sebastian Morris

Roc Nation, the entertainment agency founded by Jay-Z, is the latest partner to support a proposed casino at 1515 Broadway in Times Square, Manhattan. The project, currently known as Caesars Palace Times Square, was first announced by developer SL Green and Caesars Entertainment and could provide billions of dollars in tax revenue to New York City and New York State.

405 Park Avenue’s Demolition Continues in Midtown East, Manhattan

7:30 am on December 4, 2022 By Michael Young and Matt Pruznick

Demolition is progressing at 405 Park Avenue, the site of a possible new skyscraper in Midtown East, Manhattan. Though original plans called for a renovation and addition atop the existing 17-story occupant, full demolition permits were issued for the structure in January 2021. MRP Realty is the owner and Titan Industrial SVC Corp. is the demolition contractor for the property, which is located at the corner of Park Avenue and East 54th Street.

Sutton Tower Wraps Up Construction at 430 East 58th Street in Sutton Place, Manhattan

8:00 am on November 28, 2022 By Michael Young and Matt Pruznick

Construction is wrapping up on Sutton Tower, a 67-story residential skyscraper at 430 East 58th Street in the Sutton Place section of Midtown East. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate and JVP Management, the 850-foot-tall structure yields 121 units with sales and marketing led by Corcoran Sunshine Marketing Group. Stephen B. Jacobs Group is the architect of record and Lendlease is the general contractor for the property, which is located between Sutton Place South and First Avenue.

Exterior view of penthouse office suites at 520 West 20th Street - Courtesy of Elijah Equities

JLL Reveals Penthouse Office Suites at 520 West 20th Street in Chelsea, Manhattan

7:00 am on November 28, 2022 By Sebastian Morris

Elijah Equities and JLL have revealed a pair of duplex penthouse office suites at 520 West 20th Street in Manhattan, following a major renovation and expansion of the former industrial building. Located on the western edge of Chelsea, the 100,000-square-foot property was transformed by Morris Adjmi Architects to suit gallery and enterprise commercial tenants.

Turken House’s Façade Takes Shape at 300 East 41st Street in Murray Hill, Manhattan

7:30 am on November 27, 2022 By Michael Young and Matt Pruznick

Façade work is moving along on Turken House, a 21-story residential building at 300 East 41st Street in the Murray Hill section of Midtown. Designed by Perkins + Will and developed by non-profit The Turken Foundation, which assists Turkish students in earning scholarships and job opportunities in the United States, the 227-foot-tall structure will yield 80,000 square feet with 82 turnkey residences in single- and double-occupancy configurations. Fast Track Construction is the general contractor for the property, which is located at the corner of East 41st Street and Second Avenue, near the United Nations and Grand Central Terminal.

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