Construction Update

Vornado’s Supertall ‘Penn 15’ by Foster + Partners Will Rise 1,200′ After Redesign, in Midtown Manhattan

Updated renderings created by DBOX for Vornado Realty Trust showcase The Penn District, a 7.4-million-square-foot development in Midtown, Manhattan. Located within the same boundaries as the new Madison Square Garden complex from Vishaan Chakrabarti’s Practice for Architecture and Urbanism that YIMBY recently revealed, the renderings offer a more finalized version of five skyscrapers with the tallest, referred to as Penn 15, anticipated to rise nearly 1,200 feet high. Foster + Partners is designing the structures, which would stand close to the 109-year-old James A. Farley Building and Skidmore Owings & Merrill‘s newly opened Moynihan Train Hall, as well as One and Two Penn Plaza and Madison Square Garden. The redesign also appears to be a tweaked iteration of 15 Penn Plaza from a previous depiction that YIMBY showed back in May 2020.

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251 West 14th Street Resumes Cantilevering Construction Work In Chelsea, Manhattan

A walk through the Midtown, Manhattan neighborhood of Chelsea revealed a surprising observation at the site of 251 West 14th Street. Construction on the once-stalled reinforced concrete edifice now appears partially topped-out, due to the ascendance of the steel that makes up the final upper cantilevering levels of the ground-up 11-story residential project. Designed by Isay Weinfield and FORM4 Design Studio PLLC, there will be a total of 25 condominiums. YIMBY last reported that Pizzarotti is in charge of the build, which is located along West 14th Street between Seventh and Eighth Avenues.

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Construction Wraps Up on Thomas Heatherwick’s Lantern House at 515 West 18th Street in Chelsea, Manhattan

Exterior work is nearing completion on Lantern House, a pair of residential buildings straddling the High Line at 515 West 18th Street in Chelsea. Developed by Related Companies and designed by Thomas Heatherwick with SLCE Architects as the architect of record, the ten- and 21-story structures yield a total of 181 residential units with sales and marketing led by Related Sales LLC and Corcoran Sunshine Marketing Group. Lantern House is bound by Tenth Avenue the east, West 18th Street to the south, West 19th Street to the north, and Frank Gehry’s IAC Building immediately to the west.

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YIMBY’s 2021 Construction Report Shows 30,036 New Residential Unit Filings in New York City

YIMBY’s 2020 New Building Report, covering 2019’s numbers, showed a substantial increase in applications, with 2019’s total filings reaching 36,467. This year, the numbers have dropped somewhat, with 2020’s submitted residential units totaling 30,036. While this was a decrease, it was still substantially above the 2018 total of only 20,393 new units filed, indicating that in spite of the profound headwinds beginning in March of last year that are now seemingly abating, permitting activity remained fairly vigorous. The full report covering 1,774 new buildings and over 57 million square feet of new floor space is available in Excel format upon purchase of YIMBY’s Building Wire subscription.

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The Cortland’s Red Brick Façade Continues Progress at 555 West 22nd Street in West Chelsea, Manhattan

Exterior work is continuing to shape up on The Cortland, a 26-story condominium building at 555 West 22nd Street in West Chelsea. Designed by Robert A. M. Stern Architects and developed by Related Companies with SLCE Architects as the architect of record, the nearly 300-foot-tall, 250,000-square-foot project will yield 141 units, averaging around 2,245 square feet apiece. The building is located along West Street and the Hudson River waterfront between West 22nd and West 23rd Streets.

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