295 Fifth Avenue in Midtown South will soon receive a $350 million redevelopment at the hands of Tribeca Investment Group, PGIM Real Estate, and Meadow Partners. The full-block, 16-story “Textile Building” will have 700,000 square feet of updated office space. Studio Architecture is responsible for the design and CBRE is handling marketing.
Permits have been filed for a nine-story commercial building at 220 11th Avenue in Hudson Yards, Manhattan. Located between 25th Street and 26th Street, the lot is about five blocks south of the 34th Street-Hudson Yards subway station, serviced by the 7 train. Developer Moinian Group is listed as the owner behind the applications. The revised permit filing calls for office space, a possible indicator of severe over-saturation of condominiums in the neighborhood. In 2016, the filing was for an 11-story, 158,000-square-foot mixed-use building with 40 condos, a museum, and a restaurant.
Commercial developer Marx Realty has returned with the first completed images of its newly branded office tower at 10 Grand Central. The $45 million project entails a redesign and repositioning of the building’s lobby away from its original 44th Street location to provide more immediate access to Grand Central Terminal.
Renderings are out for a new look coming to 155 East 44th Street. The office building’s entrance and lobby will be redesigned to resemble a welcoming environment, along with the lounge, terrace, and modernized pre-war offices. The 35-story office building, designed by Ely Jacque Kahn, will be renamed 10 Grand Central, in recognition of being located within Midtown’s Grand Central Submarket area.