Demolition preparation at 270 Park Avenue in Midtown East continues to make headway, and today, YIMBY has the first renderings of Foster + Partners Architects’ planned headquarters for JPMorgan Chase. The supertall is apparently set to stand 1,425 feet to its rooftop, which would make it the third-tallest building by roof height in New York, at least ranked among current buildings. A tipster sent YIMBY images of the model for the project, alongside a rendering of what could be the final design for the highly anticipated supertall. Adamson Associates is listed as the architect of record.
Macklowe Properties recently negotiated a refinancing package to the tune of $192 million for Harry Macklowe’s three Midtown parcels. Two of the lots, 5 East 51st Street and 12 East 52nd Street, could be the home of Tower Fifth, a 1,556-foot-tall office tower and New York City’s future tallest building by roof height. The refinancing from Fortress Investment Group also includes the 17 East 47th Street site and a new $50 million mortgage replacing a $124 million loan.
Ceruzzi Properties and SMI have partnered with Champalimaud Design to deliver a suite of amenity spaces within The Centrale, one of the latest condominium towers to debut in Manhattan’s East Side. Located at 138 East 50th Street, the 71-story building is designed by Pelli Clarke Pelli and SLCE and contains 124 condominiums that entered the market in May 2019.
Façade work on the Turkevi Center at 821 First Avenue in the Midtown East neighborhood of Turtle Bay is taking shape. Located at the intersection of East 46th Street and First Avenue, the topped-out reinforced concrete skyscraper rises 563 feet and will eventually serve as the consulate of the Republic of Turkey. Perkins Eastman is the designer of the 35-story mixed-use development.
Workers are forming the reinforced concrete columns and floor slabs for 249 East 50th Street as construction has risen above street level in Midtown East. The 15-story, 151-foot-tall residential project is designed by Isaac Stern and is being developed by Tun Kyaw, who purchased the land for $17 million.