New York

46-06 11th Street Rises in Long Island City, Queens

Construction is rising on 46-06 11th Street, an eight-story mixed-use building in Long Island City, Queens. Designed by Raymond Chan Architect and developed by Jim Yang under the JNMY LLC, the 85-foot-tall structure will span 89,684 square feet and yield 44 rental units with an average scope of 780 square feet, 20,355 square feet of community facility space, 1,240 square feet of commercial space, a cellar, a 20-foot-long rear yard, and 40 enclosed parking spaces. Mandarin Enterprises II Inc. is the general contractor for the property, which is alternately addressed as 10-50 46th Avenue and located at the corner of 46th Avenue and 11th Street.

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125 West 57th Street’s Glass Façade Begins Installation in Midtown, Manhattan

Construction is rising on 125 West 57th Street, a 26-story commercial building on Billionaires’ Row in MidtownManhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Cain International, the 440-foot-tall structure will span 260,000 square feet and yield 185,000 square feet of Class A office space, 7,000 square feet of retail space, and a new home for the Calvary Baptist Church, which has operated on the site since 1883 and sold the property to the developers for $150 million in 2017. Leading Builders Group is the general contractor for the project, which is located on an interior lot between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects111 West 57th Street.

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Fulton Residences Completes Construction at 1079 Fulton Street in Clinton Hill, Brooklyn

Construction is complete on The Fulton Residence, a seven-story residential building at 1079 Fulton Street in Clinton Hill, Brooklyn. Developed by New Start Development, which purchased the property for $10.25 million, the project involved the conversion of a vacant homeless shelter into a rental apartment building spanning 26,000 square feet and yielding 30 units in studio- to two-bedroom layouts with an average scope of 867 square feet. Mabe Group, Inc. served as the general contractor for the development, which is located at the corner of Fulton Street and Classon Avenue.

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JPMorgan Chase’s Supertall Nears its Pinnacle at 270 Park Avenue in Midtown East, Manhattan

The tallest building on our year-end construction countdown is JPMorgan Chase‘s 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners with Adamsom Associates as the architect of record and developed by Tishman Speyer, the 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 full-block property, which is 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.

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Demolition Finishes at 620 Twelfth Avenue in Hell’s Kitchen, Manhattan

Demolition has concluded at 620 Twelfth Avenue, the site of a six-story storage and office facility in Hells Kitchen. Owned by Edison Properties and leased to Verizon Communications for $50 million, the structure will span 269,000 square feet and include a cellar level, which may feature on-site parking for the network operator. Nordest Services served as the demolition contractor for the property, which is alternately addressed as 648 West 48th Street and is bound by West 47th and West 48th Streets and the Hudson River Greenway.

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