Construction Update

Stella at 10 Lecount Place - Designed by Beyer Blinder Belle

28-Story ‘Stella’ At 10 LeCount Place Debuts Its 380 Residences In New Rochelle, New York

L&M Development Partners and Wilder Balter Partners Inc. have completed work on their $190 million project in downtown New Rochelle, called ‘Stella’. The new addition to the city at 10 LeCount Place stands as a 28-story mixed-use residential building. The property is designed by Beyer Blinder Belle and offers 380 homes, including studios and one- and two-bedroom apartments. The Marketing Directors is the exclusive leasing and marketing firm for the development. The gross monthly rents for the 285 market rate residences start around $2,000 per month. Stella is built to Enterprise Green Communities efficiency standard, including Energy Star appliances, Zero-VOC interior paints, LED light fixtures, and water- conserving plumbing fixtures.

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Excavation Begins for Madison House’s Retail Podium at 126 Madison Avenue in NoMad, Manhattan

Podium work is progressing for Madison House, an 805-foot-tall residential skyscraper at 126 Madison Avenue and the tallest structure in the Midtown district of NoMad. Alternately addressed as 15 East 30th Street, the 62-story tower is designed by Handel Architects and developed by Fosun Group and JD Carlisle and will yield 199 condominiums with sales and marketing led by Douglas Elliman Development Marketing, as well as 7,500 square feet of ground-floor retail space. Madison House has a footprint stretching between East 30th and 31st Streets and Madison Avenue. Madison House is currently more than 50 percent sold with over $300 million in sales, and occupancy is expected to begin this winter.

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Virgin Hotel Nears Completion at 1225 Broadway in NoMad, Manhattan

Construction is wrapping up on the Virgin Hotel, a 38-story tower at 1225 Broadway in NoMad. Designed by Stantec and developed by Lam Group, the 476-foot-tall, 300,000-square-foot structure will yield 460 hotel rooms managed by Sir Richard Branson of Virgin Group. Flintlock Construction Systems, LLC is the general contractor for the building, which is bound by Broadway, West 29th Street, and West 30th Street.

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7-9 East 30th Street’s Geometric Façade Revealed from Scaffolding in NoMad, Manhattan

Exterior work is approaching the finish line on 7-9 East 30th Street, a 23-story residential building in NoMad. Designed by SWA Architecture and developed by Castellan Real Estate Partners, the 227-foot-tall structure will yield 54 residences spread across 41,992 square feet as well as 2,142 square feet of ground-level retail space. Titanium Construction Services is the general contractor for the building, which is located between Madison and Fifth Avenues.

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Ritz-Carlton Hotel and Residences Nears Completion at 1185 Broadway in Nomad, Manhattan

Construction is nearing completion on the Ritz -Carlton Hotel and Residences, a 45-story skyscraper at 1185 Broadway in NoMad. Designed by Rafael Vinoly and developed by MarriottRitz Carlton Hotels, and Flag Luxury Properties, the 580-foot-tall tower will yield 250 guest rooms spread across 150,000 square feet, as well as a collection of 16 one- and two-bedroom penthouse residences on the upper levels. Lendlease is the general contractor for the project, which is located at the corner of Broadway and West 28th Street. The Erin Boisson Aries team at Christie’s International Real Estate is handling the sales of the penthouse residences.

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