Midtown

Eastlight Nears Completion at 200 East 34th Street in Kips Bay, Manhattan

Construction is wrapping up on Eastlight, a 34-story residential tower at 200 East 34th Street in Kips Bay. Designed by CetraRuddy Architecture and developed by 200 East 34th LLC, the 388-foot-tall structure will yield 135,094 square feet with 144 condominiums and 2,992 square feet of commercial space on the lower levels. Noble Construction Group is the general contractor for the property, which is located at the corner of Third Avenue and East 34th Street.

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509 Third Avenue Nears Topping Out in Murray Hill, Manhattan

Construction is nearing topping out on 509 Third Avenue, a 35-story residential tower in Murray Hill. Designed by Ismael Leyva Architects and developed by Lalezarian Properties under the Third and Thirty Four LLC, and Kahen Properties. The 386-foot-tall structure will yield 166,917 square feet with 229 residential units, most likely rentals with an average scope of 692 square feet each, as well as 8,253 square feet of commercial space and a 30-foot-long yard. The property is located at the corner of Third Avenue and East 34th Street.

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New Dining Tenants Announced for MetLife Building at 200 Park Avenue in Midtown East, Manhattan

This week Tishman Speyer and Irvine Company revealed the next phase of renovations and capital improvements at the historic MetLife Building, with new food and beverage options set to debut in 2023. Located at 200 Park Avenue in Midtown East, Manhattan, the building’s new dining options will include the iconic Capital Grille, organic and fair-trade café Jack’s Stir Brew Coffee, Black Seed Bagels, as well as a pop-up run by Talea Beer Co., a woman-owned brewery based in Brooklyn.

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611 West 56th Street Wraps Up Construction in Hell’s Kitchen, Manhattan

Exterior work is complete on 611 West 56th Street, a 35-story residential tower in Hell’s Kitchen. Designed by Portuguese architect Alvaro Siza with SLCE as the architect of record and developed by Sumaida + Khurana and LENY, the 450-foot-tall structure will yield 77 units with interiors designed by Gabellini Sheppard Associates. Homes come in one- to four-bedroom layouts, as well as duplex “maisonettes,” full-floor homes, and a grand penthouse. Corcoran Sunshine Marketing Group is handling sales and marketing for the property, which is alternately addressed as 823 Eleventh Avenue and is located at the corner of West 56th Street and Eleventh Avenue.

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Demolition Underway for 550 Tenth Avenue in Hell’s Kitchen, Manhattan

Demolition has begun at 550 Tenth Avenue, the site of 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 430,000-square-foot structure will yield 453 units, with 316 market-rate and 137 moderate- and middle-income homes, as well as 9,000 square feet of retail space and over 20,000 square feet of amenities. The building will also house 26,764 square feet of administrative office space for Covenant House. Wells Fargo and US Bank provided a $212 million construction loan and Lionheart Strategic Management assisted with $35 million in mezzanine financing for the project, which is located along Tenth Avenue between West 40th and 41st Streets.

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