Construction Update

GDSNY’s 1241 Broadway Begins To Rise As Excavation Work Wraps, in NoMad

Work at the corner lot for 1241 Broadway in NoMad is seeing a lot of activity in preparation for a 22-story, SOM-designed commercial office building. Excavation on the perimeter of the site is finishing up, while work on the reinforced concrete foundations and core walls is happening simultaneously. This is a rapid change of pace since YIMBY last visited the Midtown location a couple months ago, when it was still quiet. The future 318-foot-tall, 170,000-square-foot tower is being developed by GDS Development and Sweden-based Klovern. Triton Construction is currently in charge of building the structure.

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NAVA Companies’ Cantilevering 80 East 10th Street Nearing Completion, in Greenwich Village

Construction on 80 East 10th Street in Greenwich Village is quickly approaching completion, with work on both exteriors and interiors nearly finished. The ten-story mixed-use building is being designed by NAVA Companies, while Parametric Development Group is developing the 26,000-square-foot structure located on the corner of East 10th Street and Fourth Avenue. Brown Harris Stevens Development Marketing is responsible for sales of the project’s 12 condominiums, which average 2,000 square feet each and have three to four bedrooms apiece, with prices ranging from $4.15 to $8.25 million. A five-bedroom penthouse has not yet been listed.

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126 Madison Avenue, aka Madison House, Tops-Out 62 Stories and 805 Feet Above NoMad

Work on the reinforced concrete superstructure at 126 Madison Avenue, aka 15 East 30th Street, is now topped out. The slender 756-foot-tall tower is now the tallest skyscraper in NoMad, standing 51 stories, and makes a clear impression on the Midtown skyline. The residential building is being designed by Handel Architects, while Fosun Group and JD Carlisle are responsible for the nearly 300,000-square-foot development.

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New Design for Silverstein’s Massive Two-Towered 520 West 41st Street Revealed, in Midtown West

YIMBY has an exclusive new rendering, which is possibly the final design, for 520 West 41st Street, located in Midtown between Eleventh Avenue and Galvin Avenue. Silverstein Properties, the owner, has hired CetraRuddy Architecture to design the estimated one million square foot mixed-use project consisting of two glass towers atop a substantial retail podium. Leeding Builders Group will be the general contractor.

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