Midtown

Curtain Wall Installation Begins on 606 West 30th Street in Hudson Yards, Manhattan

8:00 am on August 9, 2022 By Michael Young

Curtain wall installation has begun on 606 West 30th Street, a 42-story residential skyscraper along the border of Hudson Yards and West Chelsea, Manhattan. Designed by Ismael Leyva Architects and developed by Lalezarian Properties, the 545-foot-tall structure will yield 312,350 square feet, with 192,780 square feet of residential space and 14,240 square feet of commercial space. The building is known as Tower B in a two-skyscraper development along with the adjacent 601 West 29th Street from FXCollaborative and Douglaston Development. Hudson 37 LLC is the general contractor for the property, which is located between Eleventh Avenue and West Street.

JPMorgan Chase’s 270 Park Avenue Supertall Continues Climb Over Midtown East, Manhattan

8:00 am on August 8, 2022 By Michael Young

Construction continues to rise on 270 Park Avenue, JPMorgan Chase‘s 70-story supertall headquarters in Midtown East. Designed by Norman Foster of Foster + Partners and developed by Tishman Speyer, the 1,388-foot-tall skyscraper will yield 2.5 million square feet of office space and set the record for the tallest building in New York to be powered by hydroelectric energy. Banker Steel is in charge of steel fabrication and NYC Constructors is the general contractor for the property, which spans a full 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.It is expected to have a capacity to hold 15,000 employees.

PENN 2’s Renovations Continue at 2 Penn Plaza in Midtown, Manhattan

8:00 am on August 5, 2022 By Michael Young

Renovation work is progressing on PENN 2, a 31-story commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves the full re-cladding and interior modernization of the 412-foot-tall, 1.61-million-square-foot mid-century office building, and is part of the ten-skyscraper Penn District revitalization plan. Turner Construction Company is the general contractor for the property, which is located along Seventh Avenue between West 31st and 33rd Streets, directly adjacent to Penn Station and Madison Square Garden.

New Renderings Released for ODA’s 126 East 57th Street Tower in Midtown East, Manhattan

8:00 am on August 4, 2022 By Michael Young

New renderings have been released for 126 East 57th Street, a 28-story residential tower on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall tower will yield 147 condominiums spread across 170,000 square feet with interiors by Gabellini Sheppard, as well as 5,000 square feet of retail space. WSP USA is the engineer, and Plaza Buildings is the general contractor for the property, which is located at the corner of East 56th Street and Lexington Avenue.

Foundation Work Underway for 262 Fifth Avenue Supertall in NoMad, Manhattan

8:00 am on August 3, 2022 By Michael Young

Foundation work is continuing at 262 Fifth Avenue, the site of a 60-story residential supertall in NoMad, Manhattan. Designed by Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project LLC, the 1,043-foot-tall skyscraper will yield 41 residential units spread across 139,168 square feet, as well as 10,850 square feet of retail space on the first two floors. CM & Associates Construction Management is the general contractor for the property, which is located at the corner of Fifth Avenue and West 29th Street.

Ritz-Carlton Hotel Opens to Guests at 25 West 28th Street, in NoMad, Manhattan

8:00 am on August 2, 2022 By Michael Young

The Ritz-Carlton Hotel and Residences at 25 West 28th Street recently celebrated its grand opening in NoMad. Designed by Rafael Vinoly and developed by Marriott, Ritz Carlton Hotels, and Flag Luxury Group, the 50-story, 500-foot-tall reinforced concrete skyscraper yields 250 guest rooms and 19 suites spread across 150,000 square feet, as well as 16 one- and two-bedroom penthouse residences on the upper levels that owners and their guests can stay in for up to 120 nights per year. Lendlease served the general contractor for the Midtown, Manhattan project, which is alternatively addressed as 1185 Broadway Street and is located at the corner of Broadway and West 28th Street. The Erin Boisson Aries team at Douglas Elliman is handling the sales of the penthouses. Other design teams for the Ritz-Carlton include SUSURUSS, Rockwell Group, and Barcelona-based studio Lázaro Rosa-Viola.

1162 Broadway Tops Out in NoMad, Manhattan

7:30 am on July 31, 2022 By Michael Young

Construction has topped out on 1162 Broadway, a 13-story commercial building in NoMad. Designed by Morris Adjmi Architects and developed by 1162 Broadway LLC, 185-foot-tall structure will yield Class A office within the Madison Square North Historic District. The project has undergone several changes since permits were first filed by Aini Assets for a 14-story, 52-room hotel in December 2013. The latest plans were approved by the Landmarks Preservation Commission (LPC) in the late spring of 2020, followed by groundbreaking in 2021. On Star Management is the general contractor for the property, which is located between West 27th and West 28th Streets.

Empire State Building. Courtesy of Empire State Realty Trust

New Tenant Amenities at The Empire State Building to Debut in 2023

7:30 am on July 29, 2022 By Sebastian Morris

The Empire State Building has joined the race to attract new commercial tenants who demand an amenitized building for the next generation of workers. In an announcement from Empire State Realty Trust, current owners of the iconic property, the building’s amenity offering will be expanded to include a town hall meeting space for up to 400 people, a basketball court, a lounge, food and bar service, and an additional lounge with two golf simulators.

Park House Reaches Full Completion at 500 West 22nd Street in West Chelsea, Manhattan

7:30 am on July 26, 2022 By Michael Young

Construction is complete on Park House, an eight-story residential building at 500 West 22nd Street in West Chelsea. Designed by Annabelle Selldorf of Selldorf Architects and developed by Brantwood Capital, the 33,662-square-foot structure yields ten residential units and 1,959 square feet of ground-floor retail space. Compass is handling sales and marketing for the one- to four-bedroom homes and two duplex penthouses, with pricing ranging from $2.65 million to $12 million. Foundations Group served as the general contractor for the property, which is alternately addressed as 197 Tenth Avenue and stands at the corner of Tenth Avenue and West 22nd Street, a short walk from the High Line. Belden Tristate Building Materials supplied the hand laid bricks for the project.

View of 45 East 53rd Street - Courtesy of Newmark

Joint Venture Secures $175M to Purchase and Renovate 45 East 53rd Street in Midtown, Manhattan

7:00 am on July 25, 2022 By Sebastian Morris

Newmark, a global real estate services company, has successfully arranged $175 million in capitalization to facilitate a major renovation of 45 East 53rd Street in Midtown, Manhattan. Located in the Plaza District, the building once operated as the New York headquarters for Santander Bank, but sold in April to ZG Capital and Rialto Capital Management.

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