Construction Update

Turken House’s Façade Takes Shape at 300 East 41st Street in Murray Hill, Manhattan

Façade work is moving along on Turken House, a 21-story residential building at 300 East 41st Street in the Murray Hill section of Midtown. Designed by Perkins + Will and developed by non-profit The Turken Foundation, which assists Turkish students in earning scholarships and job opportunities in the United States, the 227-foot-tall structure will yield 80,000 square feet with 82 turnkey residences in single- and double-occupancy configurations. Fast Track Construction is the general contractor for the property, which is located at the corner of East 41st Street and Second Avenue, near the United Nations and Grand Central Terminal.

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Demolition for New Rolex Headquarters Continues at 665 Fifth Avenue in Midtown, Manhattan

Demolition is progressing on Rolex’s old 12-story International Style headquarters at 665 Fifth Avenue in Midtown to make way for a 25-story replacement. Designed by David Chipperfield Architects and developed by Rolex Realty Company, the new structure will feature a modern glass curtain wall and yield office and retail space for the iconic watchmaker. Titan Industrial SVC Corp. is the general contractor in charge of demolition at the property, which is located at the corner of Fifth Avenue and East 53rd Street.

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125 Greenwich Street Awaits Completion in Manhattan’s Financial District

Next on YIMBY’s Turkey Week update of stalled projects is 125 Greenwich Street, an 88-story residential skyscraper in the Financial District. Designed by Rafael Vinoly and originally developed by Bizzi & Partners, Cindat, New Valley, the Carlton Group, and Shvo, the 912-foot-tall structure has lingered at near-completion since late 2019. The tower was planned to yield 273 condominium units with interiors by March & White and marketing led by Douglas Elliman. Plaza Construction is the general contractor for the property, which is located at the corner of Greenwich and Thames Streets, just downtown from the World Trade Center complex.

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