New York

Pace University’s 15 Beekman Street Nears Completion in Financial District, Manhattan

7:30 am on May 15, 2023 By Michael Young

Construction is nearing completion on 15 Beekman Street, a 27-story campus expansion for Pace University in the Financial District. Designed by Manish Chadha of Ismael Leyva Architects and developed by SL Green Realty, the 338-foot-tall tower will yield 213,084 square feet with classrooms, dorm rooms, a dining facility, library, and learning center. New Line Structures & Development is the general contractor for the property, which is alternately addressed as 126-132 Nassau Street and located at the corner of Beekman and Nassau Streets.

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250 East 83rd Street Passes the Halfway Mark on Manhattan’s Upper East Side

8:00 am on May 14, 2023 By Michael Young and Matt Pruznick

Construction has passed the halfway mark on 250 East 83rd Street, a 31-story residential building in the Yorkville section of Manhattan’s Upper East Side. Designed by SLCE Architects and developed by The Torkian Group, the 370-foot-tall structure will yield 128 residential units with interiors by Lemay_id, as well as ground-floor retail space. Cauldwell Wingate Company is the general contractor for the property, which is located at the corner of Second Avenue and East 83rd Street.

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36 West 38th Street Rises Above Street Level in Midtown, Manhattan

7:30 am on May 14, 2023 By Michael Young and Matt Pruznick

Construction has reached street level on 36 West 38th Street, a 20-story hotel in Midtown, Manhattan. Designed by Gene Kaufman and developed by Onboard Hospitality LLC, which purchased the property for $19 million in a bankruptcy auction from Gemini Real Estate in 2017, the structure will stand 205 feet tall and yield an undisclosed number of hotel rooms. Omnibuild Construction is the general contractor for the project, which is located between Fifth and Sixth Avenues, just south of Bryant Park.

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1 Park Row Rises Above Street Level in Financial District, Manhattan

8:00 am on May 13, 2023 By Michael Young and Matt Pruznick

Construction is rising above street level on 1 Park Row, a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will yield 103,000 square feet with 58 condominium units in one- to three-bedroom layouts, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street.

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One Madison Avenue’s Façade Nears Completion in Flatiron District, Manhattan

8:00 am on May 12, 2023 By Michael Young and Matt Pruznick

Exterior work is nearing completion on One Madison Avenue, a 27-story commercial building in the Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the National Pension Service of Korea, and Hines, the project involves the gut renovation of an existing eight-story structure and the construction of a 19-story addition above its parapet, and will yield 1.4 million square feet of office space and ground-floor retail. NYC Constructors is building the expansion and AECOM Tishman is the construction manager for the property, which occupies a full block at the southeast corner of Madison Square Park between Madison Avenue, Park Avenue South, East 23rd Street, and East 24th Street.

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