Construction Update

New Renderings Depict Kohn Pedersen Fox’s 343 Madison Avenue Supertall in Midtown East, Manhattan

New renderings have been released for 343 Madison Avenue, a proposed 1,050-foot-tall office supertall in Midtown East. Designed by Kohn Pedersen Fox and developed by Boston Properties, the 753,120-square-foot structure would contain 748,618 square feet of office space, 2,130 square feet of retail space, and 2,372 square feet that will connect below grade to the future East Side Access project with subterranean circulation paths toward Grand Central Terminal. The building is planned to rise in place of the former Metropolitan Transportation Authority headquarters on half of the block between Madison and Vanderbilt Avenues and East 44th and 45th Streets.

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David Adjaye’s 130 William Street Nears Exterior Completion in the Financial District

The last exterior touches are going up on 130 William Street, an 800-foot-tall residential skyscraper in the Financial District. Designed by David Adjaye of Adjaye Associates and developed by Lightstone with Hill West Architects as the architect of record, the 66-story edifice will yield 242 units marketed by Corcoran Sunshine. Prices are expected to range from around $1,300,000 for a one-bedroom apartment to $20,000,000 for a four-bedroom, full-floor penthouse. The building’s main entrance is located on William Street, along with street frontage lining Fulton Street to the north.

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Steelwork Wraps for Ronald O. Perelman Performing Arts Center in the Financial District, Manhattan

Steel assembly work is now complete on the Ronald O. Perelman Performing Arts Center with the installation of the final beam this past week at the Financial District site. Designed by REX with Davis Brody Bond Architects as the executive architect and developed by an independent non-profit company called The Perelman, the 138-foot-tall cubic performance space stands at the northern end of the original 16-acre World Trade Center complex, bound by Greenwich Street to the east, Vesey Street to the north, Fulton Street to the south, and Skidmore Owings & Merrill‘s One World Trade Center to the west.

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100 Pearl Street’s Exterior Overhaul Progresses in the Financial District, Manhattan

Work is progressing on 100 Pearl Street, a project to renovate the lower floors of the mixed-use Financial District building to an expanded, more pedestrian-friendly arcade, as well as upgrades at the roof level. Alternately addressed as 7 Hanover Square, the overhaul is being designed by S9 Architecture and developed by GFP Real Estate and will feature 1,450 square feet of indoor public space plantings, 10 to 18 food and beverage retailers, at least two new retail shops on Pearl Street and at least two on Water Street, kiosks, 167 new seats, and new lobby space.

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Central Park Tower’s Crown Begins to Illuminate Over Midtown

Central Park Tower‘s crown lights began to illuminate for the first time this past weekend, an exciting harbinger of the imminent full completion of the 1,550-foot Midtown supertall. Located at 217 West 57th Street on Billionaires’ Row, the tower is designed by Adrian Smith + Gordon Gill and developed by Extell and stands as the tallest structure by roof height in the Western Hemisphere and the tallest residential building in the world. Corcoran Sunshine and Extell Marketing Group are leading sales for its 179 units and are anticipating a $4 billion sellout.

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