Midtown

New Rendering Released for 350 Park Avenue Supertall in Midtown East, Manhattan

8:00 am on January 10, 2023 By Michael Young and Matt Pruznick

A new rendering has been released for 350 Park Avenue, a proposed 1,350-foot commercial supertall in Midtown East, Manhattan. Designed by Norman Foster of Foster + Partners and developed by Vornado Realty Trust and Rudin Management, the 51-story structure is planned to yield 1.7 million square feet of office space, of which the hedge fund Citadel LLC is slated to occupy roughly 54 percent. The project site is bound by East 52nd Street to the north, East 51st Street to the south, and Park Avenue to the east.

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Rendering of 660 Fifth Avenue

660 Fifth Avenue’s Re-cladding Wraps Up in Midtown, Manhattan

8:00 am on January 4, 2023 By Michael Young

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.

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TSX Entertainment’s LED Screen Turns On at 1568 Broadway in Times Square, Manhattan

8:00 am on January 2, 2023 By Michael Young

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.

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PENN2’s Overhaul Continues at Two Penn Plaza in Midtown, Manhattan

8:00 am on January 1, 2023 By Michael Young

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.

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32 West 48th Street’s Foundations Take Shape in Midtown, Manhattan

7:30 am on January 1, 2023 By Michael Young

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.

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