YIMBY attended a topping-out ceremony for 122 Fifth Avenue, a 11-story commercial building expansion in Union Square. Designed by STUDIOS Architecture and developed by Bromley Companies, the 300,000-square-foot project involves the erection of a one-story steel-framed addition above the parapet of the landmarked building, as well as the construction of a reinforced concrete annex that will expand the property’s T-shaped footprint along West 17th Street. Microsoft has signed on as the anchor tenant for the office space, and athleisure company Allbirds will occupy the retail space. Omnibuld is the general contractor for the Midtown, Manhattan property.
Construction is set to begin on the new floors at One Madison Avenue, a 27-story office tower expansion in Manhattan’s Flatiron District. Designed by Kohn Pedersen Fox for SL Green, the project involves the gut renovation of the existing eight-story building and structural addition above its roof level, bringing the structure up to 1.4 million square feet of Class A office space. The National Pension Service of Korea and Hines are also part of the development team and acquired $1.25 billion in construction financing for the property, which occupies a full block bound by East 23rd and 24th Streets and Madison Avenue and Park Avenue South.
Construction has passed the halfway mark on 606 West 30th Street, a 42-story residential skyscraper in Hudson Yards. Designed by Ismael Leyva Architects and developed by Lalezarian Properties, the 545-foot-tall structure will yield 312,350 square feet, with 192,780 square feet of residential space and 14,240 square feet of commercial space. Hudson 37 LLC is the general contractor for the property, which is also known as Tower B in a two-skyscraper development alongside FXCollaborative and Douglaston Development‘s topped-out 601 West 29th Street. 606 West 30th Street is located between Eleventh Avenue and West Street, near the border with West Chelsea.
YIMBY went on a tour of Flatiron House, a two-tower residential development at 39 West 23rd Street in the Flatiron District. Designed by COOKFOX Architects for NYC-based real estate development firm Anbau Enterprises, the structure will yield 44 condominium units with sales and marketing led by Corcoran Sunshine Marketing Group. The taller portion of Flatiron House is called the Tower and features 37 one- to four-bedroom homes with an entrance on West 23rd Street, while the shorter annex is dubbed the Loft and comes with seven one- to five-bedroom residences and its own entrance to the north on 24th Street. Ryder Construction is the general contractor for the property, which is located between Fifth and Sixth Avenues.
Work is wrapping up on The Cortland, a 25-story residential tower at 555 West 22nd Street in West Chelsea. Designed by Robert A.M. Stern Architects and developed by Related Companies, the 300-foot-tall structure will yield 144 condominium units in two- to five-bedroom layouts with interiors by Olson Kundig, as well as a series of penthouses. Related Sales and CORE Group are the exclusive co-sales and marketing agents for the property, which is located at the confluence of Eleventh Avenue and West Street, between West 22nd and West 23rd Streets.