Renovations are complete on 51W52, also known as Black Rock, an office building at 51 West 52nd Street in Midtown Manhattan. Harbor Group International completed the $128 overhaul of the 38-story structure, which was originally designed by Eero Saarinen as the headquarters for CBS and yields 900,000 square feet of interior space.
Construction is rising on 32 West 48th Street, a 31-story hotel tower in Midtown, Manhattan’s Diamond District. Designed by SLCE Architects and developed by Extell, the 456-foot-tall structure will span 213,158 square feet and yield 534 guest rooms with an average scope of 316 square feet. AECOM Tishman is the general contractor for the project, which is located between Fifth and Sixth Avenues, directly south of Rockefeller Center, with a narrow annex extending south to West 47th Street.
Mayor Eric Adams has announced a new initiative within the “City of Yes for Housing Opportunity” proposal that seeks to generate tens of thousands of affordable homes in New York City. The new initiative is targeting areas previously out of reach for many working-class New Yorkers due to an outdated floor-to-area-ratio cap, which historically has restricted the construction of new homes in high-demand zones. The proposal is seeking to lift the floor-to-area-ratio cap in these areas, such as in Midtown, Manhattan.
Exterior work is continuing on JPMorgan Chase‘s 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners with Adamson Associates as the architect of record and developed by Tishman Speyer, the topped-out 60-story skyscraper will yield 2.5 million square feet of office space with a capacity of 15,000 employees, and will become the tallest structure in New York completely powered by hydroelectric energy. AECOM Tishman is the general contractor for the project, which occupies a full city block bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.
Excavation is set to begin at 439 West 36th Street, the site of a 12-story residential building in Hudson Yards, Manhattan. Designed by Archimaera Architecture and developed and built by ZD Jasper Realty under the ZDJ 36LLC, the 120-foot-tall structure will span 48,138 square feet and yield 52 units, recreation space on the roof and in the cellar level, a below-grade community facility, and ground-floor commercial space. The project is being financed by Johnny Su of Real Estate Capital of America (RECAP) and is located on a 75-foot-wide interior lot between Dyer Avenue to the east and Tenth Avenue to the west.
