New York

One Madison Avenue’s Vertical Expansion Set to Begin in Flatiron District, Manhattan

A construction crane is now in position and ready for vertical progress on One Madison Avenue, a 27-story office tower expansion in Manhattan’s Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the project involves the gut renovation of an 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 recently 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. The project team is aiming for both WELL and LEED Gold certification.



1841 Broadway Rises Quickly on Manhattan’s Upper West Side

Construction is rising on 1841 Broadway, a 25-story residential building on Manhattan’s Upper West Side. Designed by INC Architecture & Design with SLCE Architects as the architect of record and developed by Global Holdings Management Group, the 281-foot-tall structure will yield 180,813 square feet with 173 market rate and affordable housing units as well as 11,741 square feet of retail space on the first two levels. Pavarini McGovern, LLC is the general contractor and DeSimone Consulting Engineers is the façade consultant for the property, which is located at the corner of Broadway and West 60th Street, just north of Columbus Circle and the southwest corner of Central Park.

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540 Fulton Street, designed by Marvel Architects

Work Continues on The Paxton’s Façade at 540 Fulton Street in Downtown Brooklyn

Façade work is continuing on The Paxton, a 43-story mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 511-foot-tall structure will yield 330,000 square feet with 327 residential units, 71,844 square feet of commercial space, and 22,054 square feet of retail housed in the multi-story podium. YIMBY last reported that M.N.S. is handling sales and marketing for the homes, which are expected to range from studios to three-bedroom layouts. The property is located at the intersection of Flatbush Avenue and Fulton Street.

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Warren Street Hotel Tops Out at 86 Warren Street in Tribeca, Manhattan

Construction has topped out the Warren Street Hotel, an 11-story building at 86 Warren Street in Tribeca. Designed by Stonehill Taylor and developed by Solil Management, the 135-foot-tall structure will yield 44,000 square feet and 70 guest rooms operated by Firmdale Hotels, as well as a restaurant, a drawing room, an orangery, a bar, and a private event space. Pavarini McGovern, LLC is the general contractor, Kit Kemp is the interior designer, and Paul Taylor under the Warren Street Hotel LLC is the owner behind the previously filed permit applications for the property, which is located between Greenwich Street and West Broadway.

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