Construction Update


Demolition Prep Underway at 15 Beekman Street in the Financial District

Demolition prep is underway at 15 Beekman Street, a 14-story structure in the Financial District. Located by the corner of Nassau and Beekman Streets directly across from Frank Gehry’s residential skyscraper at 8 Spruce Street, the site will eventually give rise to a 27-story mixed-use tower addressed as 126-132 Nassau Street. SL Green Realty is listed as the owner behind the applications for the future 338-foot-tall Pace University academic center and dormitory. Manish Chadha of Ismael Leyva Architects is listed as the architect of record.

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

Installation of 130 William Street‘s charcoal-colored curtain wall is approaching completion 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 residential skyscraper stands 800 feet tall and will yield 242 units marketed by Corcoran Sunshine. Prices for residences are expected to range from around $1,300,000 for a one-bedroom to $20,000,000 for a four-bedroom, full-floor penthouse.

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Work Progressing on Crown Building’s Conversion Into Aman New York at 730 Fifth Avenue in Midtown

Work is progressing on the addition and partial residential conversion of the 99-year old Crown Building at 730 Fifth Avenue. Originally designed by Warren and Wetmore, the 26-story structure has a rich history that includes serving as the original home of the Museum of Modern Art. The current transformation into Aman New York, a mixed-use hotel and residential property, is designed by Jean-Michel Gathy and is being developed by OKO Group. Renderings released last fall reveal the interiors of the building, which will house the Aman hotel from floors four through 24. The 22 condominiums are planned to span 95,000 square feet, for an average of more than 4,300 square feet apiece. Douglas Elliman Development Marketing is handling sales of the 22 condominiums.

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Bloom on Forty Fifth At 500 West 45th Street Nears Completion in Hell’s Kitchen

Construction is nearing completion on Bloom on Forty Fifth , a 92-unit residential building located at 500 West 45th Street in Hell’s Kitchen, is nearing the end of construction. Designed by Marvel Architects and developed by Xin Development International, the property is located between West 44th and West 45th Streets on a plot formerly occupied by a gas station. Kuafu Properties is the project manager and Leeding Builders Group is overseeing construction on the project. The property was formerly addressed as 615 Tenth Avenue.

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