Midtown

Demolition Underway at 405 Park Avenue in Midtown East, Manhattan

7:30 am on July 17, 2022 By Michael Young

Demolition work is ramping up at 405 Park Avenue, the site of a potential skyscraper in Midtown East, Manhattan. Original plans from several years ago called for a renovation that would have added several floors to the existing 17-story structure, but full demolition permits were filed in January 2021. MRP Realty is the owner and Titan Industrial SVC Corp. is serving as the demolition contractor for the property, which is located at the corner of Park Avenue and East 54th Street.

Excavation Continues for Kohn Pedersen Fox’s 520 Fifth Avenue Supertall in Midtown, Manhattan

8:00 am on July 12, 2022 By Michael Young

Excavation continues at 520 Fifth Avenue, the site of a 76-story mixed-use supertall in Midtown, Manhattan. Designed by Kohn Pedersen Fox for Rabina, which took over as the lead developer in 2019 from Ceruzzi Properties and SMI USA, the slender 995-foot-tall skyscraper will yield 507,608 square feet with 98 residential units, commercial space, and four cellar levels. Suffolk Construction is the general contractor for the property, which is located at the corner of Fifth Avenue and West 43rd Street.

Evening rendering of The Spiral's ground floor and podium levels - Courtesy of Tishman Speyer

Tishman Speyer Reveals New Dining Concept at The Spiral in Hudson Yards, Manhattan

7:00 am on July 12, 2022 By Sebastian Morris

Tishman Speyer has announced chef Erik Ramirez and Juan Correa, the team behind critically acclaimed restaurants Llama San and Llama Inn, will bring a new dining concept to The Spiral at 66 Hudson Boulevard. Located in Hudson Yards, the new restaurant will occupy the ground floor of the tower on the northwest corner at Tenth Avenue and 34th Street.

Construction Breaks Ground at 126 East 57th Street in Midtown East, Manhattan

8:00 am on July 11, 2022 By Michael Young

Excavation has begun at 126 East 57th Street, site of a 28-story residential tower on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development, the 346-foot-tall structure will yield 208,000 square feet with 147 condominium units spread across 170,000 square feet, as well as lower-level commercial space. WSP USA is the engineer, Urban Atelier Group is the construction manager, and Plaza Buildings is the general contractor of the property, which is located at the corner of East 57th Street and Lexington Avenue.

East Midtown Greenway Progresses Along The Sutton Bay Waterfront In Midtown, Manhattan

7:30 am on July 10, 2022 By Michael Young

Construction is ongoing on the first phase of the $100 million East Midtown Greenway, a three-segment reimagining of the East Midtown Waterfront esplanade in Sutton Place between East 38th to East 61st Streets. Photographs below focus on the northernmost part of the scheme, which will span between East 53rd and East 61st Streets in Midtown, Manhattan. This part will include a new park entrance at East 60th Street, a pedestrian bridge, and the revamping of Andrew Haswell Green Park and the Alice Aycock Pavilion. The overall master plan aims to create new green space for pedestrian and bicyclists and provide safer access to the eastern edge of the island, which had been largely impeded by the FDR Drive.

One High Line Resumes Exterior Work at 76 Eleventh Avenue in Chelsea, Manhattan

8:00 am on July 5, 2022 By Michael Young

Exterior work has resumed on One High Line, a pair of 26- and 36-story mixed-use towers at 76 Eleventh Avenue in the Midtown, Manhattan neighborhood of Chelsea. Designed by Bjarke Ingels Group and developed by Witkoff Group, the 900,000-square-foot complex will yield 236 condominium units, 137 hotel rooms, 85,000 square feet of retail space, and a public plaza. Steve Witkoff purchased the property, formerly known as The XI, in a foreclosure sale for $900 million and partnered with Access Industries and Monroe Capital to complete the stalled project. Gilles & Boissier and Gabellini Sheppard Associates are the interior designers and Corcoran Sunshine Marketing Group is handling sales and marketing for the High Line-adjacent property, which is bound by Tenth Avenue to the east, West Street to the west, West 17th Street to the south, and West 18th Street to the north.

Rendering of the 100th Floor of the Central Park Club at Central Park Tower - Courtesy of Extell

Extell Reveals Central Park Club, World’s Highest Private Club, at Central Park Tower in Midtown, Manhattan

7:00 am on July 5, 2022 By Sebastian Morris

Extell Development Company has revealed the Central Park Club, the world’s highest private dining and entertainment club over 1,000 feet above Billionaires’ Row in the Central Park Tower, a 131-story residential supertall at 217 West 57th Street in Midtown. Designed by Rottet Studio, the club spans around 50,000 square feet across three stories, peaking at floor 100.

Sutton Tower’s Exterior Nears Completion at 430 East 58th Street in Sutton Place, Manhattan

8:00 am on July 4, 2022 By Michael Young

Exterior work 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 Stephen B. Jacobs Group and developed by Gamma Real Estate and JVP Management, the 848-foot-tall reinforced concrete structure will yield 125 condominium units and a wide range of residential amenities. Corcoran Sunshine Marketing Group is handling sales and marketing for the property, which is alternately addressed as 3 Sutton Place and is located between Sutton Place South and First Avenue. Residences will be priced from approximately $2.5 million for a one-bedroom to $18 million for a full-floor unit.

The West Completes Construction at 547 West 47th Street in Hell’s Kitchen, Manhattan

8:00 am on July 3, 2022 By Michael Young

Construction is complete on The West, a 12-story mixed-use building at 547 West 47th Street in Hell’s Kitchen. Designed by Concrete and StoneCycling and developed by CB Developers, SK Development, and Ironstate Development, the 201,000-square-foot structure yields 219 residential units ranging from studio to two-bedroom layouts as well as a 40,000-square-foot ground-floor Cadillac dealership. Corcoran Sunshine Marketing Group is handling sales and marketing, and CM & Associates Construction Management served as the general contractor for the property, which is bound by Eleventh Avenue to the west, West 47th Street to the south, and West 48th Street to the north.

Rendering of 3 Times Square - FXCollaborative

The Rudin Family Secures $415M Refinancing Package to Renovate 3 Times Square Office Tower in Midtown Manhattan

7:00 am on July 3, 2022 By Sebastian Morris

The Rudin Family has closed on a $415 million refinancing deal to complete a multi million-dollar capital improvement program at 3 Times Square in Midtown, Manhattan. Often referred to as the Thomson Reuters Building, the scope of work includes the creation of a new three-story lobby, touchless entry and elevator systems, upgraded elevator cabs, and a new amenity deck on the 16th floor.

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