Exterior renovation work is complete on 660 Fifth Avenue, a 39-story commercial tower in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Brookfield Properties, which purchased the building from Kushner Companies for $1.3 billion in 2018, the $400 million project involves the modernization of the structure’s 1.25 million square feet of office space and full replacement of its mid-century façade with a new glass curtain wall. The overhaul is also expected to achieve LEED Gold certification and a WELL Health Safety rating. Turner Construction Company is the general contractor and Cushman & Wakefield is the exclusive leasing agent for the building, which is located between West 52nd and 53rd Streets and was formerly addressed as 666 Fifth Avenue.
Construction on TSX Broadway, a 47-story hotel tower at 1568 Broadway in Times Square, has reached a milestone as crews have turned on TSX Entertainment’s 18,000-square foot podium LED display. Designed by Perkins Eastman and Mancini Duffy and developed by L&L Holding Company and Fortress Investment Group, the 550,000-square-foot structure will yield 661 hotel rooms operated by Tempo of Hilton as well as 100,000 square feet of retail space on the lower levels and Times Square’s only cantilevering outdoor performance stage. Positioned above the new retail space is the historic Palace Theater, which was renovated by PBDW Architects and lifted 30 feet above street level in early 2022. The property is located at the corner of Seventh Avenue and West 47th Street.
Work continues on the renovation of PENN2, a 31-story mid-century commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves a full-scale overhaul of the 412-foot-tall structure’s 1.61 million square feet of office space, replacement of its façade with a modern glass curtain wall, and the construction of a multi-story cantilevering volume along Seventh Avenue. GMSLLP is the façade consultant and Turner Construction Company and Skanska are the contractors for the property, which is located between West 31st and West 33rd Streets and a central part of the Penn District revitalization that will transform the area surrounding Penn Station and Madison Square Garden.
Foundation work is progressing at 32 West 48th Street, the site of a 31-story hotel tower in Midtown, Manhattan’s Diamond District. Designed by SLCE Architects and developed by Extell, the 456-foot-tall structure will span 213,158 square feet with 534 hotel rooms. AECOM Tishman is the general contractor for the project, which is located between Fifth and Sixth Avenues, directly south of Rockefeller Center.
The tallest building on our year-end construction countdown is 270 Park Avenue, JPMorgan Chase‘s 1,388-foot supertall headquarters in Midtown East. Designed by Lord Norman Foster of Foster + Partners and developed by Tishman Speyer, the 70-story skyscraper will yield 2.5 million square feet of office space and accommodate 15,000 employees, and will become the tallest building in New York powered completely by hydroelectric energy. Adamsom Associates is the architect of record, Banker Steel provided the steelwork, NYC Constructors is the steel subcontractor, Mueser Rutledge Consulting Engineers (MRCE) designed the structural foundation elements, Severud Associates is the engineer of record, R&R Scaffolding Ltd. will provide the BMU, and AEOCOM Tishman is the general contractor for the property, which occupies a full city block bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.