Mixed-Use

Construction on 550 Madison Avenue’s Garden Space Moves Along in Midtown East, Manhattan

Construction is complete on the steel and glass garden canopy at 550 Madison Avenue, a 684-foot-tall landmarked skyscraper in Midtown East. The triple-height framework is designed by Snøhetta with AECOM Tishman as the general contractor, and is part of a 21,000-square-foot indoor-outdoor renovation of the 38-year-old postmodern office building by The Olayan Group and RXR Realty, along with a revamped lobby designed by Gensler that was completed late last year. The developers are aiming to achieve LEED Platinum and WELL Gold certifications for the building, which is located between East 55th and 56th Streets.

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Rendering of 520 Fifth Avenue and the Midtown skyline

Rabina Closes on $540M Financing Package for 520 Fifth Avenue Supertall in Midtown, Manhattan

New York development firm Rabina has closed on a $540 million construction package to complete a new supertall tower at 520 Fifth Avenue. Designed by Kohn Pedersen Fox, the structure will top out at 1,000 feet and contain a collection of condominiums and associated amenity spaces, boutique office space, a ground-floor retail component, and public recreation space.

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Permits Filed for 282 West 132nd Street in Harlem, Manhattan

Permits have been filed for an eight-story mixed-use building at 282 West 132nd Street in Harlem, Manhattan. Located between West 132nd Street and Frederick Douglass Boulevard, the corner lot is within walking distance of the 135th Street subway station, serviced by the A, B, and C trains. Michel Perle is listed as the owner behind the applications.

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