Construction Update

Rendering of 28 & 7 - GDSNY

28 & 7’s Exterior Taking Shape at 322-326 Seventh Avenue in Chelsea, Manhattan

Exterior work is progressing on 28 & 7, a 12-story office building at 322-326 Seventh Avenue in Chelsea. Designed by Skidmore, Owings & Merrill and developed by Klövern AB and GDSNY, the structure will yield 105,000 square feet of commercial space leased by CBRE. Triton Construction is the general contractor for the project, which is located at the corner of Seventh Avenue and West 28th Street.

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Margaritaville Resort Nears Completion at 560 Seventh Avenue in Times Square, Manhattan

Façade installation is nearing completion on the Margaritaville Resort New York at 560 Seventh Avenue in Times Square. Designed by Stonehill Taylor and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services, the 29-story, 375-foot-tall tower will yield 234 guest rooms with island-inspired interior designs. The project, which is located at the corner of Seventh Avenue and West 40th Street, is expected to cost around $300 million.

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One Essex Crossing. Rendering by VMI Studio

One Essex Crossing Launches Sales On The Lower East Side of Manhattan

Today, One Essex Crossing is officially launching sales, and YIMBY has an exclusive reveal of a slew of renderings for the project, for which occupancy is anticipated later this year. Located on Manhattan’s Lower East Side, the 14-story full-block development is designed by CetraRuddy and developed by Delancey Street Associates, which is comprised of BFC Partners, L+M Development Partners, Taconic Partners, the Prusik Group, and Goldman Sachs Urban Investment Group. The site is bounded by Delancey Street to the north, Suffolk Street to the east, Broome Street to the south, and Norfolk Street to the west, and is one of several addresses in the Essex Crossing master plan that’s spread across six acres and a total of nine buildings. Corcoran Sunshine Marketing Group is handling sales for One Essex Crossing with prices ranging from $890,000 for a studio, to $6,689,000 for a duplex penthouse.

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Demolition Progresses at 1841-1845 Broadway on Manhattan’s Upper West Side

Demolition is progressing at 1841 and 1845 Broadway on Manhattan’s Upper West Side, where a 24-story mixed-use building is planned to rise. The two adjacent properties are owned by Global Holdings Management Group, and Ancora Engineering is listed as the applicant of record on demolition permits that were filed in 2019. The site is bound by Broadway to the east and West 60th Street to the south, and sits just north of Columbus Circle and the southwestern corner entrance to Central Park.

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