A new rendering has been released for 350 Park Avenue, a proposed 1,350-foot commercial supertall in Midtown East, Manhattan. Designed by Norman Foster of Foster + Partners and developed by Vornado Realty Trust and Rudin Management, the 51-story structure is planned to yield 1.7 million square feet of office space, of which the hedge fund Citadel LLC is slated to occupy roughly 54 percent. The project site is bound by East 52nd Street to the north, East 51st Street to the south, and Park Avenue to the east.
Work continues on the renovation of PENN2, a 31-story mid-century commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves a full-scale overhaul of the 412-foot-tall structure’s 1.61 million square feet of office space, replacement of its façade with a modern glass curtain wall, and the construction of a multi-story cantilevering volume along Seventh Avenue. GMSLLP is the façade consultant and Turner Construction Company and Skanska are the contractors for the property, which is located between West 31st and West 33rd Streets and a central part of the Penn District revitalization that will transform the area surrounding Penn Station and Madison Square Garden.
The second-tallest building on our year-end construction countdown is PENN 15, a 1,200-foot commercial supertall at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the 56-story skyscraper will yield 2.7 million square feet of office space and stand as the centerpiece of the 7.4-million-square-foot Penn District master plan. Northstar Contracting Group is the demolition contractor for the property, which is located along Seventh Avenue between West 32nd and 33rd Streets.
Façade restoration work is wrapping up on 85 Tenth Avenue, an 11-story commercial building along the border of West Chelsea and the Meatpacking District. Originally designed by Albert G. Zimmerman and Associates and constructed in 1913 as a Nabisco factory, the structure now yields 635,000 square feet of office space managed by Related Companies and Vornado Realty Trust, as well as 40,500 square feet for a ground-floor restaurant. Archstone Builders is the general contractor for the project, which is bound by West 16th Street to the north, West 15th Street to the south, Tenth Avenue to the east, and West Street to the west.
Last week, Vornado Realty Trust, Turner Construction Company, and Skanska celebrated the topping out of the new eight-story expansion at PENN 2, a 31-story commercial tower at Two Penn Plaza in Midtown. Designed by MdeAS Architects, the cantilevering addition is part of a full-scale overhaul project involving the curtain wall replacement and modernization of the mid-century structure’s 1.61 million square feet of office space. The 412-foot-tall building is located along Seventh Avenue between West 31st and West 33rd Streets, and is part of the massive Penn District revitalization plan that will add ten new towers to the area surrounding Penn Station and Madison Square Garden in the coming years.