Construction Update

Foundation Work Underway for Disney’s Headquarters at Four Hudson Square in Hudson Square, Manhattan

8:00 am on March 10, 2021 By Michael Young

Foundation work is underway for Disney’s 1.2 million-square-foot headquarters at 137 Varick Street in Hudson Square. Alternately addressed as Four Hudson Square, the 22-story, 320-foot-tall structure is designed by Skidmore, Owings & Merrill and is being developed in partnership with Silverstein Properties. Disney purchased the parcel from Trinity Church Real Estate for $650 million, and Skanska was responsible for the demolition of four structures that wrapped up last summer. Lendlease is in charge of constructing the new headquarters, which is bound by Varick Street to the east, Spring Street to the south, Hudson Street to the west, and Vandam Street to the north.

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Exterior Work on Google’s New St. John’s Terminal Office Progressing Quickly in Hudson Square, Manhattan

8:00 am on March 9, 2021 By Michael Young

Exterior work is progressing rapidly on Google’s 1.3 million-square-foot office at 550 Washington Street in Hudson Square. Designed by COOKFOX Architects and developed by Oxford Properties, the building is the main component of the “Googleplex” that encompasses a total of 1.7 million square across three structures, along with 315 Hudson Street and 345 Hudson Street. Turner Construction is responsible for building the 12-story edifice that spans two full city blocks between West Street, West Houston Street, Washington Street, and the New York Department of Sanitation building.

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Construction Wraps on 11 Greene Street in Soho, Manhattan

7:30 am on March 9, 2021 By Michael Young

Exterior work is now complete on 11 Greene Street, a seven-story residential building in Soho. The property is designed by Gene Kaufman Architects and developed by Arch Companies, which took over from Thor Equities and secured a $45 million loan to finish the project in early 2018. Located at the corner of Greene and Canal Streets, the building yields 31 units ranging from one- to two-bedroom layouts alongside a three-bedroom penthouse. Ryan Serhant of SERHANT is leading sales and marketing.

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Central Park Tower Commences Closings as Exterior Nears Completion in Midtown, Manhattan

8:00 am on March 8, 2021 By Michael Young

Closings are well underway for Adrian Smith + Gordon Gill‘s 1,550-foot-tall, 131-story Central Park Tower at 217 West 57th Street. Located on Midtown‘s coveted Billionaires’ Row, this marks a major step in the final stages of the world’s tallest residential building, which is also the tallest structure in the Western Hemisphere by roof height. Extell is developing the project with an expected $4 billion sellout on the 179 units marketed by Corcoran Sunshine and Extell Marketing Group.

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Fifteen Laight Street’s Office Conversion and Expansion Nears Completion in Tribeca, Manhattan

7:30 am on March 8, 2021 By Michael Young

Work is wrapping up on Fifteen Laight Street, a Class A office conversion and expansion in Tribeca. Designed by Gensler and developed by the Vanbarton Group, the $141 million project involved the addition of two floors atop the former six-story structure, as well as a complete recladding of its exterior with a modern façade of floor-to-ceiling glass and dark metal paneling. The 115,000-square-foot building, which once served as the home of the Tribeca Film Festival, is located between Laight Street and the triangular-shaped Albert Capsouto Park to the north, Varick Street to the south, and the narrow St. Johns Lane to the east. MFS Engineers & Surveyor is the structural engineer overseeing the project.

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