New York


175 Park Avenue’s 1,575-Foot-Tall Design Gains Approval in Midtown East, Manhattan

At number one on our year-end countdown is Skidmore Owings & Merrill‘s mixed-use supertall at 175 Park Avenue in Midtown East, which earlier this month gained approval from the New York City Council. Developed by RXR Realty and TF Cornerstone, the 85-story tower has been reduced in height from 1,642 to 1,575 feet, still enough to surpass Central Park Tower for the title of tallest building in New York by roof height. 175 Park Avenue will eventually rise from the site of the Grand Hyatt hotel between the 108-year-old Beaux Arts Grand Central Terminal and the 91-year-old Art Deco Chrysler Building. The structure will yield 2.1 million square feet of Class A office space; 500 Hyatt hotel rooms on the upper floors spanning 453,000 square feet; 10,000 square feet of retail space on the ground, cellar, and second levels; and an elevated, 25,000-square-foot publicly accessible plaza space populated with artwork and views overlooking the surrounding Midtown streets.

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Central Park Tower Finishes Construction as New York City’s Tallest Residential Building in Midtown, Manhattan

Work is wrapping up on Central Park Tower, a 1,550-foot residential supertall in Midtown and number two on our year-end countdown. Addressed as 217 West 57th Street, the 131-story tower is designed by Adrian Smith + Gordon Gill and developed by Extell and stands as the tallest residential building in the world and the tallest structure in New York by roof height. The property yields 179 condominiums marketed by Corcoran Sunshine above a Nordstrom retail podium bound by West 57th and West 58th Streets and Broadway and Seventh Avenue.

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SHoP Architects’ 111 West 57th Street Nears Completion in Midtown, Manhattan

Construction is coming to a close on 111 West 57th Street, a 1,428-foot supertall residential skyscraper in Midtown, Manhattan and number three on YIMBY’s December countdown of the tallest buildings being built in New York City. Designed by SHoP Architects and developed by JDS DevelopmentProperty Markets Group, and Spruce Capital Partners, 111 West 57th Street will yield just 60 condominiums with interiors designed by Studio Sofield and marketed by Douglas Elliman Development Marketing. The project is located on Billionaires’ Row between Sixth and Seventh Avenues, and is almost perfectly aligned with the centerline of Central Park.

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270 Park Avenue

JPMorgan Chase’s Supertall Headquarters Continues Construction at 270 Park Avenue in Midtown East, Manhattan

Superstructure work is continuing for 270 Park AvenueJPMorgan Chase‘s upcoming 1,388-foot, 70-story supertall headquarters in Midtown East and number four on our year-end construction countdown. The project spans a full block between Park and Madison Avenues and 47th and 48th Streets, and will yield 2.5 million square feet of office space.

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