Midtown

The renovated Studio 54 theater. Rendering courtesy of Ennead Architects & Rockwell Group.

Renovations Approved for Studio 54 Theater At 254 West 54th Street in Midtown, Manhattan

8:00 am on June 6, 2026 By Michael Young

The City Planning Commission recently approved the $100 million renovation of the historic Studio 54 theater at 254 West 54th Street in Midtown, Manhattan. Designed by Ennead Architects and Rockwell Group, the project will reconstruct the stage and orchestra seating to improve sight lines, accessibility, and audience comfort. Other modifications will include an expansion of the lobby and front- and back-of-house areas, modernization of building systems, and revisions to exterior signage. The venue, renowned for its incarnation as an exclusive nightclub in the late 1970s, has been operated by Roundabout Theatre Company since 2003. The property is located between Seventh and Eighth Avenues.

Pfizer HQ’s Residential Conversion, Expansion Progresses at 219-229 East 42nd Street in Midtown East, Manhattan

8:00 am on June 4, 2026 By Michael Young and Matt Pruznick

Work is moving along on the office-to-residential conversion and expansion of the former Pfizer headquarters at 229 East 42nd Street in Midtown East, Manhattan. Designed by Gensler and developed by Metro Loft Development and David Werner Real Estate Investments, the project involves the gut renovation and full re-cladding of the 33-story tower, along with the construction of a 19-story vertical expansion of the adjacent building at 219 East 42nd Street. The conversion will yield 1,600 rental apartments, with 25 percent reserved for affordable housing, as well as ground-floor retail space and 100,000 square feet of amenities. The abutting properties are located at the northwestern corner of East 42nd Street and Second Avenue.

New York City Moves Forward On 34th Street Busway In Midtown, Manhattan

6:30 am on June 4, 2026 By Max Gillespie

New York City is set to move forward with a long-delayed busway on 34th Street between Ninth Avenue and Third Avenue in Midtown, Manhattan. The plan is intended to improve travel times for more than 28,000 daily bus riders while enhancing street safety, freight movement, and emergency vehicle access. The initiative builds on the city’s previous bus-priority projects, including the 14th Street busway.

383 Madison Avenue. Rendering courtesy of JPMorgan.

New Façade Begins Installation on JPMorgan Chase’s 383 Madison Avenue in Midtown East, Manhattan

8:00 am on May 30, 2026 By Michael Young and Matt Pruznick

Renovation and recladding is quickly progressing at 383 Madison Avenue, a 47-story office skyscraper in Midtown East, Manhattan. Designed by Skidmore, Owings & Merrill along with Foster + Partners and Gensler, the original curtain wall for the 755-foot-tall structure’s façade is being replaced, while the 1.2 million square feet of office space is being revamped to serve the banking investment division of JPMorgan Chase. Formerly known as the Bear Stearns Building, the tower was originally designed by David Childs of SOM and completed in 2001. The property is bounded by Madison and Vanderbilt Avenues and East 46th and East 47th Streets, and stands directly south of the financial institution’s recently completed headquarters at 270 Park Avenue.

303 East 44th Street Tops Out In Midtown East, Manhattan

8:00 am on May 29, 2026 By Michael Young and Matt Pruznick

Construction has topped out on 303 East 44th Street, a 35-story residential tower in Midtown East, Manhattan. Designed by ODA Architects and developed by Bruklyn Builders, the 470-foot-tall structure will span 89,043 square feet and yield 131 rental units along with 8,006 square feet of commercial space. The property is located on an interior lot between First and Second Avenues.

Penn Station Renovation. Image: Gothamist

Development Team, Renderings Revealed for Penn Station Overhaul in Midtown, Manhattan

8:00 am on May 27, 2026 By Matt Pruznick

The long-gestating plan to revitalize Penn Station has taken a significant step forward with the selection of a development team for the Midtown, Manhattan transit hub. Penn Transformation Partners, a joint venture between Halmar and Skanska, will lead the project, which will involve extensive exterior and interior revisions to the facility while preserving and re-cladding Madison Square Garden.

Office-To-Residential and Commercial Renovation Projects Underway in Midtown East, Manhattan

8:00 am on May 25, 2026 By Michael Young and Matt Pruznick

YIMBY checked in on four ongoing projects in Midtown East, Manhattan, including three office-to-residential conversions and one commercial modernization. The projects are located between East 51st and 57th Streets and are representative of the wave of adaptive reuse efforts unfolding across the city to increase the supply of housing and make offices more tenant friendly.

The Morgan. Rendering courtesy of We Are Visuals.

The Morgan’s Façade Progresses at 38 East 35th Street in Murray Hill, Manhattan

8:00 am on May 21, 2026 By Michael Young and Matt Pruznick

Exterior work is progressing on The Morgan, an 18-story residential building at 38 East 35th Street in Murray Hill, Manhattan. Designed by INC Architecture & Design and developed by Continuum Company and Aksoy Holding, the 191-foot-tall structure will span 177,328 square feet and yield 137 condominium units. SLCE Architects is the architect of record for the property, which is located between Park and Madison Avenues.

18 West 55th Street. Photo by Michael Young.

18W55 Completes Construction at 18 West 55th Street in Midtown, Manhattan

8:00 am on May 18, 2026 By Michael Young and Matt Pruznick

Construction is finished on 18W55, a 25-story residential building at 18 West 55th Street in Midtown, Manhattan. Designed by Morris Adjmi Architects and developed and built by Skyline Developers, the 289-foot-tall structure spans 153,104 square feet and yields 97 rental units with an average scope of 1,319 square feet. The project also includes 6,380 square feet of ground-floor commercial space and a 10,343-square-foot cellar level. The property is located on a formerly vacant interior lot between Fifth and Sixth Avenues.

430 East 51st Street. Photo by Michael Young.

Beekman Tops Out At 401 East 51st Street in Turtle Bay, Manhattan

8:00 am on May 13, 2026 By Michael Young and Matt Pruznick

Construction has topped out on Beekman, a 29-story residential building at 401 East 51st Street in the Turtle Bay section of Midtown East, Manhattan. Designed by Selldorf Architects and developed by CBSK Developers, the 358-foot-tall structure will yield 83 condominium units in studio- to three-bedroom layouts, two full-floor penthouses, and an exclusive three-story townhouse with it’s own private garage along East 51st Street, and 3,465 square feet of ground-floor commercial space. The property is alternately addressed as 930 First Avenue and located at the northeast corner of First Avenue and East 51st Street.

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