Construction Update

67 Vestry Street’s Expansion Tops Out in Tribeca, Manhattan

7:30 am on August 7, 2022 By Michael Young

Construction has topped out on the vertical expansion of 67 Vestry Street, a 13-story residential building on the Hudson River waterfront in Tribeca. Designed by BP Architects and developed by Iliad Realty Group, the project involves the addition of four stories atop a historic 88,712-square-foot Romanesque structure and will yield 13 condominium units with interiors by Gachot Studios. Urban Atelier Group is the general contractor and King Contracting Group is handling the masonry work for the property, which is located at the corner of Vestry Street and West Street, directly across from Hudson River Park.

450 Washington Street’s Façade Renovations Take Shape in Tribeca, Manhattan

8:00 am on August 6, 2022 By Michael Young

Renovation work is progressing steadily on 450 Washington, a 12-story residential building at 450 Washington Street on the Hudson River waterfront in Tribeca. Designed by Roger Ferris + Partners and developed by Related Companies, the project involves the replacement of the structure’s windows, extensive interior refurbishments, and conversion of the former rental units into 176 condominiums. Corcoran Sunshine Marketing Group is handling sales and marketing for units ranging from studios to four-bedroom homes, with pricing ranging from around $1 million to $10 million. Hollander Design is the landscape architect for the property, which occupies a full block parcel bound by Watts Street to the north, Desbrosses Street to the south, Washington Street to the east, and West Street to the west.

PENN 2’s Renovations Continue at 2 Penn Plaza in Midtown, Manhattan

8:00 am on August 5, 2022 By Michael Young

Renovation work is progressing on PENN 2, a 31-story commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves the full re-cladding and interior modernization of the 412-foot-tall, 1.61-million-square-foot mid-century office building, and is part of the ten-skyscraper Penn District revitalization plan. Turner Construction Company is the general contractor for the property, which is located along Seventh Avenue between West 31st and 33rd Streets, directly adjacent to Penn Station and Madison Square Garden.

New Renderings Released for ODA’s 126 East 57th Street Tower in Midtown East, Manhattan

8:00 am on August 4, 2022 By Michael Young

New renderings have been released for 126 East 57th Street, a 28-story residential tower on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall tower will yield 147 condominiums spread across 170,000 square feet with interiors by Gabellini Sheppard, as well as 5,000 square feet of retail space. WSP USA is the engineer, and Plaza Buildings is the general contractor for the property, which is located at the corner of East 56th Street and Lexington Avenue.

Foundation Work Underway for 262 Fifth Avenue Supertall in NoMad, Manhattan

8:00 am on August 3, 2022 By Michael Young

Foundation work is continuing at 262 Fifth Avenue, the site of a 60-story residential supertall in NoMad, Manhattan. Designed by Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project LLC, the 1,043-foot-tall skyscraper will yield 41 residential units spread across 139,168 square feet, as well as 10,850 square feet of retail space on the first two floors. CM & Associates Construction Management is the general contractor for the property, which is located at the corner of Fifth Avenue and West 29th Street.

Ritz-Carlton Hotel Opens to Guests at 25 West 28th Street, in NoMad, Manhattan

8:00 am on August 2, 2022 By Michael Young

The Ritz-Carlton Hotel and Residences at 25 West 28th Street recently celebrated its grand opening in NoMad. Designed by Rafael Vinoly and developed by Marriott, Ritz Carlton Hotels, and Flag Luxury Group, the 50-story, 500-foot-tall reinforced concrete skyscraper yields 250 guest rooms and 19 suites spread across 150,000 square feet, as well as 16 one- and two-bedroom penthouse residences on the upper levels that owners and their guests can stay in for up to 120 nights per year. Lendlease served the general contractor for the Midtown, Manhattan project, which is alternatively addressed as 1185 Broadway Street and is located at the corner of Broadway and West 28th Street. The Erin Boisson Aries team at Douglas Elliman is handling the sales of the penthouses. Other design teams for the Ritz-Carlton include SUSURUSS, Rockwell Group, and Barcelona-based studio Lázaro Rosa-Viola.

Aloft Hotel’s Façade Nears Completion at 50 Trinity Place in Financial District, Manhattan

7:30 am on August 2, 2022 By Michael Young

Exterior work is nearing completion on 50 Trinity Place, a 28-story Aloft Hotel in the Financial District. Designed by Peter Poon Architects and developed by FIT Investment Corporation, the 77,310-square-foot tower will yield 173 guest rooms. Cauldwell Wingate is serving as the general contractor for the project, which is located at the corner of Trinity Place and Rector Street, diagonally across from Trinity Church.

Disney Headquarters’ Terracotta Façade Progresses at Four Hudson Square in Hudson Square, Manhattan

8:00 am on August 1, 2022 By Michael Young

Exterior work is continuing on The Walt Disney Company’s new 22-story headquarters at Four Hudson Square in Hudson Square, Manhattan. Designed by Skidmore, Owings & Merrill and developed by Silverstein Properties, the 338-foot-tall structure will yield 1.2 million square feet of office space, film and production studios, and ground-floor retail. Lendlease is the general contractor for the property, which is alternatively addressed as 137 Varick Street and occupies a full-block parcel bound by Vandam Street to the north, Spring Street to the south, Varick Street to the east, and Hudson Street to the west.

124 East 86th Street Condominium Tower Rises on Manhattan’s Upper East Side

7:30 am on August 1, 2022 By Michael Young

Construction is rising on 124 East 86th Street, a 20-story residential building on Manhattan’s Upper East Side. Designed by Igor Zaslavskiy of Zproekt Architects and developed by Rybak Development under the 126 East 86th Street Development LLC, the 210-foot-tall structure will yield 76,414 square feet, with 32 condominium units spread across 62,370 square feet and 1,519 square feet of commercial space. Rybak is also serving as the general contractor for the property, which is located on a narrow rectangular plot between Lexington and Park Avenues.

456 Greenwich Street Completes Construction in Tribeca, Manhattan

8:00 am on July 31, 2022 By Michael Young

Construction is complete on 456 Greenwich Street, an eight-story hotel building in Tribeca. Designed by Stephen B. Jacobs Group and developed by Caspi Development, the 94,000-square-foot structure yields 96 Art Deco-inspired guest rooms with interiors by Martin Brudnizki Design Studio. Groupe Lucien Barrière of the Hôtel Barrière Le Fouquet’s Paris is the operator of the property, which is bound by Greenwich Street to the east, Desbrosses Street to the south, and Washington Street to the west.

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