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Final Exterior Work Underway on FÖRENA at 540 Sixth Avenue in Chelsea, Manhattan

Construction is nearing completion on FÖRENA, a 12-story residential building at 540 Sixth Avenue in Chelsea. Designed by Morris Adjmi Architects and developed by Landsea Homes and DNA Development, the 80,000-square-foot structure will yield 50 condominium units in one- to three-bedroom layouts with pricing starting at $1.575 million. Fredrik Eklund and John Gomes of The Eklund Gomes Team and The Tuinstra-Davis Team at Douglas Elliman are leading sales and marketing for the property, which was built by Ryder Construction at the corner of West 14th Street and Sixth Avenue, on the border with Greenwich Village.

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Fifth Avenue Hotel Nears Completion at 1 West 28th Street in NoMad, Manhattan

Work is nearing completion on the Fifth Avenue Hotel at 1 West 28th Street in NoMad. Designed by Perkins EastmanPBDW Architects, and Martin Brudnizki Design Studio and developed by Flaneur Hospitality, the project consists of a new 24-story, 230-foot-tall tower and the restoration and hotel conversion of the adjacent five-story McKim, Mead & White-designed structure. CNY Group is the general contractor for the property, which is alternatively addressed as 250 Fifth Avenue and is located at the northwest corner of Fifth Avenue and West 28th Street.

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Renovation Continues for Mount Sinai Surgical Innovation Center at 432 West 58th Street in Hell’s Kitchen, Manhattan

Construction is progressing on the Mount Sinai Comprehensive Center For Surgical Innovation (CCSI), an 11-story building at 432 West 58th Street in Hell’s Kitchen. The project involves the renovation and modernization of the 52-year-old, 172,000-square-foot structure, which the hospital purchased back from the Italian school La’Scuola d’Italia for $75.1 million in 2018 three years after parting with it for $55 million. Lendlease is the general contractor for the project, which is being carried out with the help of an $11.6 million grant from the New York City Economic Development Corporation (NYCEDC). The property is located between Ninth and Tenth Avenues, directly across 58th Street from the hospital’s main campus.

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Foundations Begin for 400-Foot Tower at 16 Dupont Street in Greenpoint, Brooklyn

Excavation and foundations are progressing at 16 Dupont Street, the site of a 40-story residential tower in Greenpoint, Brooklyn‘s Greenpoint Landing master plan. Designed by GKV Architects and developed by Rockefeller Group with partner Park Tower Group, the 400-foot-tall structure will span 365,651 square feet and yield 378 units, as well as 2,548 square feet of commercial space and 138 enclosed parking spaces. Monadnock Construction is the general contractor for the property, which is located at the intersection of Dupont, West, and Commercial Streets.

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111 Wall Street’s New Façade Approaches Halfway Mark in Financial District, Manhattan

Renovation work is progressing on 111 Wall Street, a 25-story commercial building in Manhattan’s Financial District. Designed by STUDIOS Architecture and developed by Wafra Capital Partners and The Nightingale Group, the $100 million project involves the full replacement of the structure’s mid-century façade, gut renovation of its 1.5 million square feet of office space, and the construction of an expanded lobby and amenity spaces designed by URBN Playground. Hunter Roberts Construction Group is the general contractor and JLL is handling leasing for the property, which is bound by Wall Street and Mannahatta Park to the northeast, Front Street to the northwest, South Street and the FDR Drive to the southeast, and Gouverneur Lane to the southwest.

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