New York

417 Park Avenue Readies for Excavation in Midtown East, Manhattan

Excavation is set to begin at 417 Park Avenue, site of a 220,000-square-foot office tower in Midtown East. The project is being developed by GDS Development (GDSNY) and Klövern AB, which acquired the property for $184 million and are also building on an adjacent plot to the south at 409 Park Avenue. The plot is located at the corner of Park Avenue and East 55th Street and will rise with a floor area ratio of 25 under the Midtown East Rezoning regulations.

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RIU Hotel Opens to Guests at 145 West 47th Street in Times Square, Manhattan

Construction is complete and occupancy has begun at the RIU Plaza Hotel, 48-story skyscraper at 145 West 47th Street in Times Square. Designed by Berg + Moss Architects and developed by Tribeach Holdings, the 519-foot-tall structure yields 353,000 square feet and 630 rooms. Transom Builders Group served the general contractor for the property, which is located between Sixth and Seventh Avenues, a short walk from the heart of Times Square at the intersection of Broadway and Seventh Avenue.

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Lever House’s Podium Renovation Progresses at 390 Park Avenue in Midtown East, Manhattan

Renovation work is moving along on the lower floors of Lever House, a landmarked International Style commercial tower at 390 Park Avenue in Midtown East. Designed by Skidmore, Owings & Merrill and developed by WatermanClark, Brookfield Properties, Higgins Quasebarth & Partners, Integrated Conservation Resources, and Integrated Conservation Contracting, the $100 million project involves an overhaul of the public plaza, renovations to the main lobby, improvements to the ventilation and sustainability systems, and the addition of new amenity spaces. Pavarini McGovern is the general contractor for the property, which is located along Park Avenue between East 53rd and East 54th Streets.

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Rendering of 660 Fifth Avenue

660 Fifth Avenue’s New Curtain Wall Reaches Roof Parapet in Midtown, Manhattan

Re-cladding work is wrapping up on 660 Fifth Avenue, a 39-story commercial tower in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Brookfield Properties, the project involves extensive interior renovations of the 64-year-old building’s 1.25 million square feet of office space and the complete replacement of its mid-century curtain wall with a more transparent modern envelope. Turner Construction Company is the general contractor for the property, which is located along Fifth Avenue between West 52nd and 53rd Streets and was formerly addressed as 666 Fifth Avenue. The developer is aiming for LEED Gold certification.

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550 Madison Avenue’s Landscaped Public Plaza Nears Completion in Midtown East, Manhattan

Work is nearing completion on the new public plaza adjacent to 550 Madison Avenue, a landmarked 37-story commercial skyscraper in Midtown East. Developed by The Olayan Group and RXR Realty, the 684-foot-tall postmodern building is undergoing a 21,000-square-foot indoor-outdoor renovation, which includes a triple-height steel-framed glass canopy designed by Snøhetta and a revamped lobby designed by Gensler. AECOM Tishman is serving as the general contractor for the project, which is located between East 55th and 56th Streets and is aiming for LEED Platinum and WELL Gold certifications.

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