Construction is complete on VU, a 36-story residential tower at 368 Third Avenue in the Midtown, Manhattan neighborhood of Kips Bay. Designed by SLCE Architects and developed by Minrav Development, the 145,000-square-foot structure yields 100 condominium units in studio to three-bedroom layouts and duplex penthouses with interiors designed by Paris Forino. Brown Harris Stevens Development Marketing is exclusively handling the marketing and sales for the property, which is located on Third Avenue between East 26th and East 27th Streets.
New York City’s largest rooftop park opened to the public last week atop Pier 57 in Chelsea. Designed by Handel Architects and developed by RXR Realty, YoungWoo & Associates, Hudson River Park Trust, and The Baupost Group, the 2-acre space is part of a $410 million renovation to the 70-year-old structure in Hudson River Park and now features 350,000 square feet of office space with Google as the anchor tenant. The building will also feature 50,000 square feet of public-oriented amenities on the ground floor developed by Jamestown that include a food hall curated by the James Beard Foundation, community space with flexible layouts available for booking by local organizations, a public gathering place called the Living Room, and an outdoor screening space for the annual Tribeca Film Festival. Pier 57 formerly served as a shipping port and bus depot and is located at the intersection of West Street and West 15th Street.
Construction is nearing the halfway mark on H Hotel W39, a 28-story hotel tower at 58 West 39th Street in Midtown. Designed by Peter F. Poon Architects and developed by Wei Hong Hu of H Hotel LLC, the 447-foot-tall structure will yield 65 rooms spread over 41,500 square feet along with meeting rooms and a fitness center. City Cross Construction Corp. is the general contractor for the property, which is located on a narrow plot between Fifth and Sixth Avenues, just one block below Bryant Park.
Exterior work is complete on the Ritz-Carlton Hotel and Residences, a 45-story skyscraper at 1185 Broadway in NoMad. Designed by Rafael Vinoly and developed by Marriott, Ritz Carlton Hotels, and Flag Luxury Properties, the 580-foot-tall reinforced concrete tower will yield 250 guest rooms spread across 150,000 square feet and 16 one- and two-bedroom penthouse residences on the upper levels. Lendlease is the general contractor for the project, which is located at the corner of Broadway and West 28th Street. The Erin Boisson Aries team at Christie’s International Real Estate is handling the sales of the penthouses.
A construction crane is now in position and ready for vertical progress on One Madison Avenue, a 27-story office tower expansion in Manhattan’s Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the project involves the gut renovation of an existing eight-story building and structural addition above its roof level, bringing the structure up to 1.4 million square feet of Class A office space. The National Pension Service of Korea and Hines are also part of the development team and recently acquired $1.25 billion in construction financing for the property, which occupies a full block bound by East 23rd and 24th Streets and Madison Avenue and Park Avenue South. The project team is aiming for both WELL and LEED Gold certification.