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New Renderings Revealed For 520 Fifth Avenue Supertall in Midtown, Manhattan

8:00 am on February 1, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for 520 Fifth Avenue, a 1,002-foot residential supertall skyscraper under construction 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 and commercial space spread across 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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1487 First Avenue Rises Above Street Level on Manhattan’s Upper East Side

8:00 am on January 4, 2024 By Michael Young and Matt Pruznick

Construction is rising on 1487 First Avenue, 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 from Robert Chou for $73.5 million in early 2022, 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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Housing Lottery Launches for 906 East New York Avenue in East Flatbush, Brooklyn

7:00 am on December 30, 2023 By Vanessa Londono

The affordable housing lottery has launched for 906 East New York Avenue, an eight-story mixed-use building in East Flatbush, Brooklyn. Designed by RSLN Architecture, MEP systems engineered by RAAD, and developed by Abeco Organization, the structure yields 48 residences. Available on NYC Housing Connect are 15 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,738 to $198,250.

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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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