Construction Update

Rendering of 10th Avenue entrance, via Wells Fargo

Wells Fargo Begins Retail-to-Office Conversion of 20 Hudson Yards in Hudson Yards, Manhattan

Work is ramping up on the office conversion of a section of The Shops & Restaurants at Hudson Yards shopping mall in Hudson Yards, Manhattan. Designed by Kohn Pedersen Fox and developed by Related Companies, the project involves the replacement of 20 Hudson Yards’ façade and the repurposing of the top three stories of the former Nieman Marcus department store into 445,000 square feet of office space for Wells Fargo. The company plans to consolidate most of its New York workforce into the building, which will accommodate 2,300 employees and provide an easier link with its other employees spread across nine stories at 30 Hudson Yards.

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501 Ninth Avenue Rises Above Street Level in Midtown, Manhattan

Construction is rising on 501 Ninth Avenue, a 12-story residential building in Midtown, Manhattan on the border of Hudson Yards and the Garment District. Designed by Archimaera Architecture and developed by ZD Jasper under the ZDJ Hudson Yards LLC, the structure is being constructed alongside its 120-foot-tall identical counterpart at 489 Ninth Avenue at the southern end of the parcel. The two buildings will collectively span 220,000 square feet and yield 174 condominium units with an average scope of 970 square feet, as well as ground-floor commercial space, a cellar level, and a 30-foot-long rear yard. Warner Construction Services Inc. is the general contractor for both properties, which are bound by West 38th Street to the north, West 37th Street to the south, Ninth Avenue to the east, and Dyer Avenue to the west.

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New Renderings Revealed For One Grand At 76 Varick Street in Hudson Square, Manhattan 

New renderings have been revealed for One Grand, a 28-story mixed-use building at 76 Varick Street in Hudson Square, Manhattan. Designed by SHoP Architects and developed by Taconic Investment Partners and Nuveen Real Estate, the 430,763-square-foot structure will yield offices, a public grade school, and retail space. Trinity Real Estate is the owner of the vacant lot, which is alternately addressed as Two Hudson Square and bound by Grand Street to the north, Canal Street to the south, Varick Street to the west, and Sullivan Street, Duarte Square, and Sixth Avenue to the east.

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7 Platt Street Rises Above Street Level in Financial District, Manhattan 

Construction is rising on 7 Platt Street, a 37-story mixed-use building in the Financial District of Lower Manhattan. Designed by Hill West Architects and developed by The Moinian Group, the 464-foot-tall structure will span 267,760 square feet and yield 250 rental apartments with interiors by Fogarty Finger, as well as 43,740 square feet of retail space on the first five stories and 34 below-grade parking spaces. Titanium Construction is the general contractor for the property, which is alternately addressed as 110 John Street and located on an interior lot bound by John Street to the north and Platt Street to the south.

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New Renderings Revealed for KPF’s 520 Fifth Avenue Supertall in Midtown, Manhattan

New renderings have been revealed for 520 Fifth Avenue, a 76-story residential supertall skyscraper under construction in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 1,000-foot-tall structure will span 415,000 square feet and yield 100 condominium units and commercial space on the ground floor and four cellar levels. WSP is the structural engineer, DeSimone Consulting Engineers is the façade consultant, Charles & Co. is the interior designer, and Suffolk Construction is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

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