Construction Update

3 Sutton Place’s Crown Installation Progresses in Midtown, Manhattan

Crown work is moving along on 3 Sutton Place, an 847-foot-tall residential skyscraper at 430 East 58th Street in Midtown East. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate with Stephen B. Jacobs Group as the executive architect, the 62-story tower is located between Sutton Place South and First Avenue and will yield 121 residential units with sweeping views of Manhattan. The site is a short walk from the Sutton Place Park North esplanade that overlooks the East River, Roosevelt Island, and Long Island City.

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435 West 19th Street’s Steel Addition Rises in Chelsea, Manhattan

Construction is progressing on 435 West 19th Street, a three-story addition and residential conversion of a former warehouse building in Chelsea, Manhattan with Rand Engineering and Architecture listed as the architect of record. The steel-framed expansion will bring the structure to eight total stories with 18 units averaging 1,400 square feet apiece. Churchill Real Estate Holdings is the owner of the site, which went through a bankruptcy auction led by Meridian Investment Sales in the early months of 2020. The original owner Six Sigma filed for bankruptcy twice with over $40 million in debt after purchasing the property for $21 million in 2014. Countywide Builders Inc. is the general contractor for the project, which is located between Ninth and Tenth Avenues.

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The Symon Finishes Construction at 76 Schermerhorn Street in Brooklyn Heights

Construction is now complete on The Symon, a 13-story condominium building at 76 Schermerhorn Street in Brooklyn Heights. Designed by Colberg Architecture and developed by Lonicera Partners, Orange Management, and The Davis Companies, the property features 59 units with interiors by Studio DB, which also led the design of the façade. The project is located between Boerum Place and Court Street, along the border with Boerum Hill.

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685 Fifth Avenue. Rendering via Marin Architects

685 Fifth Avenue’s Ten-Story Addition Tops Out in Midtown, Manhattan

Construction has topped out on the ten-story addition atop 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 Deutsche Finance, the $135 million project will yield 69 condominium units designed by March and White Design and managed by Mandarin Oriental Hotel Group, as well as retail space with Fifth Avenue frontage marketed by Brookfield Properties. Coach, Stuart Weitzman, and TAG Heuer currently operate their stores on the lower floors of the edifice while work progresses above.

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