Construction has topped out on the three-story expansion of Tiffany & Co.’s flagship store at 727 Fifth Avenue in Midtown. Designed by OMA partners Shohei Shigematsu and Jake Forster, the project also involves a full interior overhaul of the 71-year-old structure, which is located at the corner of Fifth Avenue and East 57th Street. When complete, the building will stand ten stories tall.
Work is continuing to progress on the Aman New York, a residential and hotel conversion of the 100-year-old Crown Building at 730 Fifth Avenue in Midtown. Originally designed by Warren and Wetmore, the 26-story structure once served as the first home of the Museum of Modern Art in the early 20th century. Now the building, which is located at the intersection of Fifth Avenue and West 57th Street, is getting a new life as a hotel and condominium property designed by Jean-Michel Gathy and developed by OKO Group.
Four buildings under new ownership of The East Harlem El Barrio Community Land Trust (CLT) are currently undergoing construction to transform them into affordable apartments. Located at 53 East 110th Street, 201 East 120th Street, 204 West 121st Street, and 304 East 126th Street in Harlem, the project will yield 36 rental apartments and three commercial spaces. CLT will own the land and lead the renovation project, and is joined by Mutual Housing Association and the city’s Department of Housing Preservation and Development (HPD) in this $13.2 million deal.
Construction is progressing on 685 Fifth Avenue, a 100,000-square-foot office-to-condominium conversion in Midtown, Manhattan. Designed by Marin Architects and developed SHVO in partnership with BLG Holdings and Deutsche Financial, the project involves the addition of ten floors atop the existing existing 20-story structure, bringing it to a total height of 350 feet tall. The $135 million project will yield 69 condominium units designed by March & White and managed by Mandarin Oriental Hotel Group, as well as retail space with Fifth Avenue frontage marketed by Brookfield Properties. The property is located at the corner of Fifth Avenue and East 53rd Street.
Yesterday the New York State’s Appellate Division, First Department, unanimously ruled in favor of 200 Amsterdam Avenue‘s developers, SJP Properties and Mitsui Fudosan America, and the construction of the Upper West Side’s current tallest skyscraper. The First Department ruling affirmed the building permits for the Elkus Manfredi Architects-designed structure, which stands 668 feet tall. It also serves as a win for the City of New York, while overturning the lower court’s February 2020 trial court ruling, which had sought to retroactively apply a draft zoning interpretation calling for a reduction in height for the 52-story tower.
