Construction Update

Demolition Imminent for KPF-Designed Supertall at 343 Madison Avenue in Midtown East, Manhattan

Demolition work is ramping up at 343 Madison Avenue, site of a 1,050-foot commercial supertall in Midtown East. Designed by Kohn Pedersen Fox and developed by Boston Properties, the 754,120-square-foot structure will yield 748,618 square feet of office space, 2,130 square feet of retail space, and 2,372 square feet of subterranean circulation paths to Grand Central Terminal and the future East Side Access project. The skyscraper is replacing a 105-year-old 15-story building between East 44th and 45th Streets that formerly housed the Metropolitan Transportation Authority headquarters.

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The Six Completes Construction at 106 West 56th Street in Midtown, Manhattan

Work is now complete on The Six, a 27-story office tower at 106 West 56th Street in Midtown, Manhattan. Designed by Perkins Eastman and developed by private equity firm Savanna along with Hong Kong-based developer Atom Assets, the stepped 403-foot-tall superstructure stands between Sixth Avenue and Seventh Avenue one street south of 57th Street, aka Billionaires’ Row.

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249 East 50th Street Nears Completion in Turtle Bay, Midtown

Finishing touches are underway on 249 East 50th Street, a 15-story residential building in the Midtown East neighborhood of Turtle Bay. Designed by Issac & Stern Architects and developed by Tun Kyaw, the slim 151-foot-tall structure will yield 29 condominium units spread across 50,000 square feet, for an average of 1,700 square feet. The development is located near the corner of East 50th Street and Second Avenue.

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New Rendering Spotted for 15 Beekman Street in the Financial District, Manhattan

A new rendering has been posted for 15 Beekman Street, a 27-story academic center and dormitory for Pace University in the Financial District. Designed by Manish Chadha of Ismael Leyva Architects and developed by SL Green Realty, the 338-foot-tall structure will be alternatively addressed as 126-132 Nassau Street and yield 213,084 square feet of classrooms, dorms, a dining facility, a library, and a learning center. The building will also include a cellar, sub-cellar, and a 20-foot-long rear yard. New Line Structures & Development LLC is the general contractor for the project, which is being built on a plot at the corner of Beekman and Nassau Streets.

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