New York


Extell’s Central Park Tower Approaches Topping Out, in Midtown

New photographs of Central Park Tower, aka 217 West 57th Street, show the glass climbing even closer to the top of the tallest residential building in New York and the Western Hemisphere. The reinforced concrete structure will soon top out at 1,550 feet. The project is being designed by Adrian Smith + Gordon Gill and developed by Extell, which is expecting a project sellout of $4 billion. The Nordstrom retail component in the podium will open on October 24, 2019.

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460 Main Street, aka Riverwalk 8, Passes Halfway Mark on Roosevelt Island

Work has passed the halfway mark at 460 Main Street, aka Riverwalk 8, one of the newest additions to Roosevelt Island. The 21-story, 341-unit building is designed by Handel Architects and is being developed as a joint venture between The Related Companies and Hudson Companies. This will be the eighth component in the nine-building Riverwalk rental complex. Groundbreaking occurred earlier this year and topping out should happen sometime by the end of the year.

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YIMBY Reveals Interior Renovations of One Wall Street’s Red Room, in Financial District

In the midst of the largest office-to-condo conversion in New York City history at One Wall Street, its famous Red Room is undergoing a 16-month-long renovation. Designed in 1931 by renowned muralist Hildreth Meière, the former banking hall’s walls and ceilings are lined with 8,911 square feet of oxblood, orange, and gold glass tile mosaic, some of which has become damaged over the years. The Red Room will likely serve as retail space when the building reopens, which is expected to be in 2021. Macklowe Properties is the developer of the $1.5 billion Financial District conversion and expansion. CORE is handling sales and marketing of the planned 566 housing units in the rest of the Ralph Walker-designed skyscraper. SLCE Architects is serving as the architect of record.

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ODA-Designed Hotel Rises Above Street Level at 1548 Bedford Avenue, in Crown Heights

The superstructure for ODA’s future five-story hotel at 1548 Bedford Avenue is now above ground in Crown Heights. The site is located along Bedford Avenue between Union Street and Eastern Parkway, and is a couple of blocks away from Prospect Park. The 38,300-square-foot project will yield 100 hotel rooms, a ground-floor banquet hall and restaurant, café, and shared terraces on the third and fourth levels. The fifth floor will be topped with a rooftop garden and a bar. Yoel Schwimmer is the developer.

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