Construction Update

Demolition Progresses for 1,200-Foot PENN15 at 15 Penn Plaza in Midtown, Manhattan

The second-tallest building on our year-end construction countdown is PENN 15, a 1,200-foot commercial supertall at 15 Penn Plaza in MidtownManhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the 56-story skyscraper will yield 2.7 million square feet of office space and stand as the centerpiece of the 7.4-million-square-foot Penn District master plan. Northstar Contracting Group is the demolition contractor for the property, which is located along Seventh Avenue between West 32nd and 33rd Streets.

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Demolition Concludes for Extell’s Potential Supertall at 570 Fifth Avenue in Midtown, Manhattan

At number three on our December countdown of the tallest buildings underway in New York is 570 Fifth Avenue, a potential 1,101-foot supertall in Midtown, Manhattan. Developed by Extell, the skyscraper could rise 78 stories and span 1.4 million square feet with hotel and condominium components. Alternately, the plot could give rise to an 860-foot-tall, 47-story office tower yielding more than 1.5 million square feet. ALBA Services is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 46th Street.

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Rendering of 41-47 West 57th Street by OMA

1,100-Foot Supertall Awaits Construction at 41-47 West 57th Street in Midtown, Manhattan

The fourth-tallest building on our year-end countdown is 41-47 West 57th Street, a proposed 1,100-foot mixed-use supertall along Billionaires’ Row in Midtown. Designed by OMA and developed by Sedesco, the 63-story skyscraper will yield 119 condominium units spread across 237,000 square feet, a 158-room hotel spanning 205,100 square feet on floors two through 20, and a 10,212-square-foot restaurant. The tower is set to rise from an interior plot between Fifth and Sixth Avenues with frontage along both West 57th and West 58th Streets.

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Excavation Underway for Supertall Hotel and Observation Tower at 740 Eighth Avenue in Midtown, Manhattan 

Leading off the top five in our year-end countdown of the tallest construction projects underway in New York is 740 Eighth Avenue, a planned 1,067-foot hotel and observation tower in Midtown, Manhattan. Designed by ODA with SLCE Architects as the architect of record and developed by Extell, the 52-story supertall will span 776,000 square feet with 825 hotel rooms on the lower half and a public observatory with a drop ride attraction on the upper levels. The project will also feature retail space, two upper restaurant floors, and a pool deck. Lendlease is the general contractor, WSP is the structural engineer, and Ancora Engineering is handling the excavation and foundations for the property, which is located between West 45th and 46th Streets on the border of Times Square and Hell’s Kitchen.

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Rendering of 963 Atlantic Avenue - Courtesy of Paperfarm; Kutnicki Bernstein Architects

963 Atlantic Avenue Wraps Up Construction in Clinton Hill, Brooklyn

Construction is wrapping up on 963 Atlantic Avenue, a nine-story residential building in Clinton Hill, Brooklyn. Designed by Kutnicki Bernstein Architects and developed by Efraim Weber, the structure will yield 124 rental units designed by Durukan Design in studio, one-, and two-bedroom layouts, as well as ground-floor retail space for two tenants and a selection of amenities. Durukan Designers is the interior designer and NY Developers and Management is the general contractor for the property, which is alternately addressed as 957 Atlantic Avenue and is located between Classon Avenue to the east and Grand Avenue to the west.

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