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Rendering of 520 Fifth Avenue and the Midtown skyline

520 Fifth Avenue’s Curtain Wall Takes Shape in Midtown, Manhattan

8:00 am on December 29, 2023 By Michael Young and Matt Pruznick

At number three on our year-end countdown of the tallest buildings under construction in New York is 520 Fifth Avenue, a 1,002-foot residential supertall skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 88-story structure will span 415,000 square feet and yield 100 condominium units with interior design by Charles & Co., as well as commercial space on the ground floor and four cellar levels. WSP is the structural engineer, DeSimone Consulting Engineers is the façade consultant, and Suffolk Construction is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

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Foundations Underway for Two-Tower Complex at 80 Clarkson Street in Manhattan’s West Village

8:00 am on December 7, 2023 By Michael Young and Matt Pruznick

At number 25 on our annual construction countdown is 80 Clarkson Street, a two-tower residential project currently underway along the Hudson River waterfront in Manhattan’s West Village. Designed by COOKFOX Architects with SLCE Architects as the architect of record and developed by Zeckendorf Development, Atlas Capital, and The Baupost Group, the $1.25 billion complex will consist of 29- and 36-story towers rising 400 and 450 feet, respectively, and will yield an undisclosed number of condominium units and commercial space on the lower levels. ACI VI Clarkson LLC is the owner and AECOM Tishman is the general contractor for the project, which occupies a 1.3-acre block bound by Clarkson Street to the north, West Houston Street to the south, Washington Street to the east, and West Street to the west, which will yield an abutting 19-story senior living residence addressed as 570 Washington Street on the same city block. The developers acquired the property for $340 million in early 2022 and have projected a $1 billion sellout on the homes.

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Excavation Underway for 1 Putnam Avenue in Clinton Hill, Brooklyn

8:00 am on November 15, 2023 By Michael Young and Matt Pruznick

Construction is underway at 1 Putnam Avenue, the site of an eight-story mixed-use building in Clinton Hill, Brooklyn. Designed by RSLN Architecture, MEP systems engineered by RAAD, and developed by Abeco Organization, the 84-foot-tall structure will span 40,364 square feet and yield 41 rental units with an average scope of 804 square feet, as well as 7,370 square feet of commercial space, a cellar level, and one enclosed parking space. Fenimore Plaza LLC is listed as the owner and Abeco Construction LLC is the general contractor for the project, which is located to the north of Putnam Triangle between Grand Avenue to the east and Cambridge Place to the west.

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Foundation Work Progresses at 1487 First Avenue on Manhattan’s Upper East Side

8:00 am on November 9, 2023 By Michael Young and Matt Pruznick

Foundation work is progressing at 1487 First Avenue, the site of a 35-story residential building on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Carmel Partners, which purchased the property for $73.5 million in early 2022 from local developer Robert Chou, the 404-foot-tall structure will yield 206 condominium units, 7,120 square feet of ground-floor retail space, and a cellar level. CP VII 78th Street Owner is the owner and Carmel Construction East is the general contractor for the project, which is located at the southwestern corner of First Avenue and East 78th Street.

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Rendering of 520 Fifth Avenue and the Midtown skyline

Facade Installation Progresses At 520 Fifth Avenue In Midtown, Manhattan 

8:00 am on October 9, 2023 By Michael Young

Construction and facade installation are both moving along at 520 Fifth Avenue, a slender 88-story residential supertall rising in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 1,002-foot-tall reinforced concrete skyscraper will yield 415,000 square feet with 100 condominium units, as well as commercial space on the lower floors and four cellar levels. Charles & Co. is the interior designer, WSP is the structural engineer, DeSimone Consulting Engineers is the façade consultant, and Suffolk Construction is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

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