Midtown

Sales Launch for The Cortland at 555 West 22nd Street in Chelsea, Manhattan

8:00 am on April 13, 2022 By Vanessa Londono

Sales have officially launched at The Cortland, a 25-story condominium building at 555 West 22nd Street in the West Chelsea neighborhood. Developed by Related Companies, in partnership with Mitsui Fudosan America, the nearly 300-foot-tall new structure was designed by Robert A.M. Stern Architects with interiors by Olson Kundig and will hold 144 residential units. The Cortland will have a mix of two- to five-bedroom residences, as well as a series of penthouses. Related Sales LLC and CORE Group are the exclusive co-sales and marketing agents for the development, with residences starting at $4.05 million.

Waldorf Astoria Renovation and Partial Residential Conversion Progresses in Midtown East, Manhattan

8:00 am on April 11, 2022 By Michael Young

Work continues to progress on the renovation and partial residential conversion of the Waldorf Astoria at 305 Park Avenue in Midtown East. Developed by Andrew Miller of Dajia US, the project is dubbed “The Towers of the Waldorf Astoria” and will yield 375 residences designed by Skidmore Owings & Merrill and Jean-Louis Deniot that range from studios to sprawling penthouses, as well as an extensive amenity offering. Douglas Elliman Development Marketing is handling sales and marketing of the units, Suffolk Construction Corporation is the general contractor, Pierre-Yves Rochon is in charge of the revamped hotel interiors, and Simon de Pury is the residential art curator for the 625-foot-tall Art Deco landmark, which occupies a full city block bound by Park Avenue to the west, East 49th Street to the south, East 50th Street to the north, and Lexington Avenue to the east.

7 West 57th Street Completes Construction on Billionaires’ Row in Midtown, Manhattan

7:30 am on April 11, 2022 By Michael Young

Construction is complete on 7 West 57th Street, a 20-story residential building on Billionaires’ Row in Midtown, Manhattan. Designed by Hill West Architects and developed by The Soloviev Group, the 237-foot-tall structure yields 15 full-floor two-bedroom condominiums with marketing and sales led by Corcoran Sunshine Marketing Group. There are two model residences designed by Calvin Tsao at the property, which is located between Fifth and Sixth Avenues directly to the east of the 50-story SOM-designed 9 West 57th Street.

Closings Underway for SHoP Architects’ 111 West 57th Street in Midtown, Manhattan

8:00 am on April 8, 2022 By Michael Young

Closings have begun for the 46 condominium units within the main tower of 111 West 57th Street, a 1,428-foot residential supertall in Midtown. Designed by SHoP Architects and developed by JDS Development, Property Markets Group, and Spruce Capital Partners, the 84-story edifice stands as the world’s most slender building. Studio Sofield is the interior designer and The Corcoran Group is leading sales and marketing for the residences, which also include 14 homes within the restored Steinway Hall building in the podium. WSP is the structural engineer, RWDI consulted with the design of the 800-ton tuned mass damper, Jaros, Baum & Bolles is the MEP engineer, R&R Scaffolding Ltd. provided the building maintenance unit (BMU) sitting atop the crown, and BuroHappold Engineering is the façade consultant for the project, which is located between Sixth and Seventh Avenues on Billionaires’ Row.

Demolition Begins for Rolex Headquarters at 665 Fifth Avenue in Midtown, Manhattan

8:00 am on April 7, 2022 By Michael Young

Demolition has begun on 665 Fifth Avenue, where Rolex is replacing its former 12-story International Style headquarters with a modern 21-story tower in Midtown. Designed by David Chipperfield Architects and developed by Rolex Realty Company LLC, the new building will feature office space and retail frontage. Howard I. Shapiro & Associates filed permits last summer for the project, which is located on an 11,050-square-foot parcel at the intersection of Fifth Avenue and East 53rd Street.

The XI Prepares to Resume Construction at 76 Eleventh Avenue in Chelsea, Manhattan

8:00 am on April 6, 2022 By Michael Young

Construction is set to resume on The XI, with a revised completion date of “Winter 2024” posted for the stalled two-tower mixed-use project at 76 Eleventh Avenue in Chelsea. Designed by Bjarke Ingels Group and developed by 76 Eleventh Avenue Property Owner LLC, the twisting 26- and 36-story structures have stood topped out and unfinished since late 2019, when reports of trouble began to surface about the former developer, HFZ Capital Group. In late 2021, Steve Witkoff purchased the property in a foreclosure sale for $900 million and partnered with Access Industries and Monroe Capital, and it now appears that the project is back on track, with an updated board at the property listing Suffolk Construction Corporation as the new general contractor, replacing Omnibuild. The full-block site is located adjacent to the High Line and is bound by Tenth Avenue to the east, West Street to the west, West 17th Street to the south, and West 18th Street to the north.

Foundations Underway at 308 West 43rd Street in Midtown, Manhattan

7:00 am on April 4, 2022 By Michael Young

Foundation work has begun at 308 West 43rd Street, the site of a two-building residential development in Midtown, Manhattan. Designed by Handel Architects and developed by Taconic Partners under the 311 West 42nd Street Associates LLC, the 373,133-square-foot project will yield 321 apartments averaging 839 square feet apiece as well as 25,202 square feet of retail space on the lower floors. Triton Construction is serving as the general contractor for the property, which is located between West 42nd and 43rd Streets and Eighth and Ninth Avenues, directly north of the Port Authority Bus Terminal.

H Hotel W39 Nears Halfway Mark at 58 West 39th Street in Midtown, Manhattan

7:30 am on April 3, 2022 By Michael Young

Construction is nearing the halfway mark on H Hotel W39, a 28-story hotel tower at 58 West 39th Street in Midtown. Designed by Peter F. Poon Architects and developed by Wei Hong Hu of H Hotel LLC, the 447-foot-tall structure will yield 65 rooms spread over 41,500 square feet along with meeting rooms and a fitness center. City Cross Construction Corp. is the general contractor for the property, which is located on a narrow plot between Fifth and Sixth Avenues, just one block below Bryant Park.

Overhead view of the Lever House podium and Lever Club amenity deck

Renderings Revealed for Lever House’s New Amenity Spaces at 390 Park Avenue in Midtown East, Manhattan

7:30 am on March 31, 2022 By Sebastian Morris

WatermanClark and Brookfield Properties have revealed new renderings of an open-air amenity deck and hospitality suite at the Historic Lever House in Midtown East, Manhattan. Located at 390 Park Avenue, the amenity deck is the latest phase of an ongoing renovation project to repair and enhance the high-rise office tower.

Le Meridien Hotel Completes Construction at 292 Fifth Avenue in NoMad, Manhattan

7:30 am on March 29, 2022 By Michael Young

Construction is complete on Le Meridien Hotel, a 21-story mixed-use tower at 292 Fifth Avenue in NoMad. Designed by Gene Kaufman Architect and developed by the McSam Hotel Group, which purchased the property for $42.4 million in March 2017, the structure yields 187 hotel rooms and an unspecified number of residential units on the upper levels. The development is located between West 30th and West 31st Streets.

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