Private equity firm Snow Phipps is the latest company to join 545 Madison Avenue, a newly renovated office tower in Midtown, Manhattan. Marx Realty, the property owner, worked with Studios Architecture to complete the building’s transformation, which focused on elevating the hospitality aspects of the commercial property.
The first property at M Station, a new commercial complex in Morristown, New Jersey, is now topped out. Located in the heart of the city’s downtown area, the building will debut as M Station East and house a mix of Class-A office space and retail suites.
Construction has wrapped up at 809 Broadway in Greenwich Village, and tenants are steadily moving into the 15-story mixed-use building. The 41,000-square-foot, 200-foot-tall structure is designed by ODA Architecture and developed by 809 Broadway Holding, and is located on the west side of Broadway between 11th Street and 12th Street. Cushman & Wakefield is in charge of office leasing for the project and Ripco is handling retail leasing.
Renderings are out for a complete redesign of 609 Fifth Avenue, a large retail space on one of the busiest street corners in the country, in Midtown Manhattan. The modern façade will bring floor-to-ceiling windows to the base of the limestone structure.
An updated rendering has been revealed for a potential residential tower at 15-19 West 96th Street, on the Upper West Side. The property is situated two lots west of Central Park and offers 60 feet of curb frontage. The Cushman and Wakefield firm has been retained exclusively to facilitate the sale of the site, which sits in an R9 zone and currently has an allowable residential FAR of 7.52. That could increase up to 10.0 thanks to a potential community facility bonus. The current asking price is $45 million.
