The final touches are underway on 425 Park Avenue, an 897-foot-tall commercial skyscraper in Midtown East and number 14 on our year-end countdown. Designed by Norman Foster of Foster + Partners for L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 47-story building yields around 667,000 square of office space, as well as a ground-floor restaurant run by world-renowned Chef Daniel Humm, proprietor of the Three Michelin-starred Eleven Madison Park. Tishman Construction is the general contractor of the Midtown, Manhattan property, which is bound by Park Avenue to the west, East 55th Street to the south, and East 56th Street to the north. The structure is expected to achieve LEED Gold certification and debut as New York City’s first WELL-certified building.
At number 15 on our construction countdown is 3 Sutton Place, an 847-foot-tall residential skyscraper nearing completion at 430 East 58th Street in Midtown East. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate with Stephen B. Jacobs Group as the executive architect, the 62-story tower is located between Sutton Place South and First Avenue and will yield 121 units. The site is a short walk from the Sutton Place Park North esplanade, which overlooks the East River, Roosevelt Island, and the growing Long Island City skyline.
At number 17 on our year-end countdown is Madison House, an 805-foot-tall residential skyscraper nearing completion at 126 Madison Avenue in the Midtown district of NoMad. Alternately addressed as 15 East 30th Street, the 62-story reinforced concrete tower is designed by Handel Architects and developed by Fosun Group and JD Carlisle and will yield 199 condominiums with sales and marketing led by Douglas Elliman Development Marketing, as well as 7,500 square feet of ground-floor retail space. Madison House has a T-shaped footprint stretching between East 30th and 31st Streets and also features a narrow one-story sliver that runs along Madison Avenue. YIMBY last reported that the residential inventory is more than 65 percent sold with over $400 million in sales, and occupancy is set to begin in February 2022.
Façade work is nearing completion on 601 West 29th Street, a 695-foot-tall residential skyscraper in Hudson Yards and number 19 on our year-end construction countdown. Designed by FXCollaborative and developed by Douglaston Development, the 60-story structure is also known as “Tower A” in a two-building development alongside 606 West 30th Street, which has yet to begin rising over Midtown, Manhattan. 601 West 29th Street will yield 703 market-rate and 235 affordable housing residences, 50,000 square feet of amenity space, and 15,000 square feet of retail space. Levine Builders is constructing the property, which is bound by Eleventh Avenue to the east, West 29th Street to the south, and West 30th Street to the north.
Work is continuing to wrap up on 115 East 55th Street, an 18-story residential building in Midtown East. Designed by SLCE Architects for Zeckendorf Development, the 185-foot-tall reinforced concrete structure will yield 71,961 square feet and 58 units. CM& Associates Construction Management, LLC is the general contractor for the property, which is located on a relatively small site between Lexington and Park Avenues, directly to the east of Norman Foster’s 425 Park Avenue.