Midtown

120 West 45th Street

Renovation Planned at Tower 45, the 40-Story Office Tower at 120 West 45th Street, Midtown

4:00 pm on June 16, 2016 By Reid Wilson

Kamber Management Company is planning a $20 million renovation of Tower 45, the 40-story, 458,446-square-foot building at 120 West 45th Street, in Midtown. The office tower will see upgrades to its 175-foot-tall outdoor atrium, the lobby, and hallways and bathroom facilities throughout, plus mechanical equipment such as elevators. The 15th, 20th, 21st, and 24th floors, which are vacant, are also being renovated, according to Commercial Observer. Kohn Pedersen Fox and Milo Kleinberg Design Associates are behind the design of the renovations. Construction is expected to get fully underway later this year, with completion scheduled for summer 2017. Tower 45, completed in 1989, was acquired by Kamber in 2015 for $365 million. Amenities include a parking garage.

Central Park Tower

Renderings Surface for Central Park Tower, 217 West 57th Street

8:00 am on June 16, 2016 By Nikolai Fedak

YIMBY has chronicled the evolution of 217 West 57th Street, aka Nordstrom Tower and officially dubbed Central Park Tower, since it was clearing hurdles for the approval of its cantilever. Now that the building has begun rising, renderings from Extell have finally started leaking online, this time courtesy of EB-5 materials that surfaced on the YIMBY forums. The images show the tower is identical to renderings created in-house by YIMBY previously, and while they confirm the supertall has lost its spire, it will still become the tallest building by roof height on the continent, reaching 1,550 feet tall, and having a marketing floor count of 131.

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One Vanderbilt

Demolition Progresses at Site of One Vanderbilt, 67-Story, 1.73-Million-Square-Foot Office Tower in Midtown East

6:30 am on June 16, 2016 By Reid Wilson

Demolition has progressed significantly on the cluster of pre-war commercial buildings on the block bound by East 42nd and 43rd streets and Madison and Vanderbilt avenues, directly west of Grand Central Terminal in Midtown East. The existing structures are only a few more months from being removed, as seen in the photos by ILNY posted to the YIMBY Forums. In their place will rise a 67-story, 1,514-foot-tall office tower called One Vanderbilt, being developed by SL Green Realty Corporation and designed by Kohn Pedersen Fox. The tower will encompass 1,732,955 square feet of space, of which 1,295,140 square feet is designated as commercial.

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12 East 48th Street

31-Story, 161-Key Hotel Filed at 12 East 48th Street, Midtown

11:00 am on June 13, 2016 By Reid Wilson

Back in 2014, Hidrock Realty Inc. acquired, for $47 million, the collection of five- and six-story commercial buildings at 12-14 East 48th Street and 13 East 47th Street, in Midtown, located between Fifth and Madison avenues. At the time, the developer planned to construct a residential tower, but new building applications have now been filed for a 31-story, 161-key hotel. The building will measure 115,924 square feet in its entirety and will contain ground-floor retail space. The hotel rooms will be located on the third through 29th floors, and guest amenities are to include a courtyard on the ground floor, a fitness center, a lounge with a pantry, storage for bikes, and a terrace on the second floor. Financial District-based Handel Architects is the architect of record. The permit indicates the seven-story commercial building at 16 East 48th Street is also part of the development assemblage. Demolition permits are currently on file for the buildings at 12-14 East 48th Street and 13 East 47th Street.

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