SL Green

One Madison Avenue’s Concrete Core Begins Ascent in Flatiron District, Manhattan

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.

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7 Dey Street Completes Construction in Financial District, Manhattan

Exterior work is complete on 7 Dey Street, a 34-story mixed-use tower in the Financial District. Designed by FXCollaborative and developed by SL Green Realty, the 404-foot-tall structure yields 260,000 square feet with 209 rental units ranging from studio to three-bedroom layouts, 26,000 square feet of office space on floors three to five, and 17,000 square feet of flagship retail space spread across the basement, ground, and second floors. Douglas Elliman Development Marketing is handling marketing and sales and INC Architecture & Design is in charge of interior design for the property, which was formerly addressed as 185 Broadway and is located at the corner of Broadway and Dey Street. The development was made possible thanks to un-utilized air rights SL Green purchased from the Metropolitan Transportation Authority (MTA).

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15 Beekman Street Begins Ascent in the Financial District, Manhattan

Construction is rising on 15 Beekman Street, Pace University’s new 27-story expansion 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, a library, and a learning center. New Line Structures & Development is the general contractor for the property, which is alternately addressed as 126-132 Nassau Street and is located at the corner of Beekman and Nassau Streets.

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Pace University Tower’s Foundations Take Shape at 15 Beekman Street in Financial District, Manhattan

Below-grade work is continuing at 15 Beekman Street, the site of a 27-story academic center and dormitory 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 structure will yield 213,084 square feet of classrooms, dorm rooms, a dining facility, a library, and a learning center. The building will also have a cellar, sub-cellar, and a 20-foot-long rear yard. New Line Structures & Development LLC is the general contractor for the property, which is located at the corner of Beekman and Nassau Streets and is alternatively addressed as 126-132 Nassau Street.

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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.


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