Midtown

Foundations Underway for 47-Story Skyscraper at 550 Tenth Avenue in Hell’s Kitchen, Manhattan 

Number 24 on YIMBY’s countdown of the tallest projects underway in New York is 550 Tenth Avenue, a 47-story residential skyscraper in Hell’s Kitchen. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 520-foot-tall structure will span 430,000 square feet and yield 453 units, with 137 for moderate and middle incomes, as well as 9,000 square feet of retail space, over 20,000 square feet of residential amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the property, which is located along Tenth Avenue between West 40th and 41st Streets.

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Preliminary rendering of Caesars Palace Times Square - Courtesy of SL Green

Roc Nation Partners With SL Green, Caesars Entertainment for Proposed Casino at 1515 Broadway in Times Square

Roc Nation, the entertainment agency founded by Jay-Z, is the latest partner to support a proposed casino at 1515 Broadway in Times Square, Manhattan. The project, currently known as Caesars Palace Times Square, was first announced by developer SL Green and Caesars Entertainment and could provide billions of dollars in tax revenue to New York City and New York State.

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405 Park Avenue’s Demolition Continues in Midtown East, Manhattan

Demolition is progressing at 405 Park Avenue, the site of a possible new skyscraper in Midtown East, Manhattan. Though original plans called for a renovation and addition atop the existing 17-story occupant, full demolition permits were issued for the structure in January 2021. MRP Realty is the owner and Titan Industrial SVC Corp. is the demolition contractor for the property, which is located at the corner of Park Avenue and East 54th Street.

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Sutton Tower Wraps Up Construction at 430 East 58th Street in Sutton Place, Manhattan

Construction is wrapping up on Sutton Tower, a 67-story residential skyscraper at 430 East 58th Street in the Sutton Place section of Midtown East. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate and JVP Management, the 850-foot-tall structure yields 121 units with sales and marketing led by Corcoran Sunshine Marketing Group. Lendlease is the general contractor for the property, which is located between Sutton Place South and First Avenue.

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Exterior view of penthouse office suites at 520 West 20th Street - Courtesy of Elijah Equities

JLL Reveals Penthouse Office Suites at 520 West 20th Street in Chelsea, Manhattan

Elijah Equities and JLL have revealed a pair of duplex penthouse office suites at 520 West 20th Street in Manhattan, following a major renovation and expansion of the former industrial building. Located on the western edge of Chelsea, the 100,000-square-foot property was transformed by Morris Adjmi Architects to suit gallery and enterprise commercial tenants.

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