An extensive renovation of the historic ‘Lever House’ in Midtown East officially kicked off this week. Valued at $100 million, the project aims to transform and modernize the commercial property into a boutique office tower, while also restoring areas of the building that have not withstood the tests of time.
Two Manhattan West, a 58-story commercial tower, has officially topped out in Midtown West. Designed by Skidmore, Owings & Merrill, the 935-foot-tall, 2-million-square-foot skyscraper is the final component in Brookfield Properties’ five-building Manhattan West complex, and stands directly to the south of its 996-foot-tall fraternal twin, One Manhattan West.
Construction is wrapping up on 7-9 East 30th Street, a 227-foot-tall residential building in the Midtown, Manhattan neighborhood of NoMad. Designed by SWA Architecture and Efrain Perez, and developed by Castellan Real Estate Partners, the 23-story reinforced concrete edifice will yield 41,992 square feet with 54 residences and 2,142 square feet of ground-level retail space. The property is located between Madison and Fifth Avenues and is being built by Titanium Construction Services Inc.
YIMBY went on a tour of 30 East 31st Street, a 39-story residential tower nearing completion in NoMad. Designed by Morris Adjmi Architects and developed by Ekstein Development and Pinnacle Real Estate, the 479-foot-tall reinforced concrete structure yields 70,000 square feet and 42 units. Sales for the homes are being handled by Reuveni Real Estate and average 1,700 square feet. The most affordable unit is a two-bedroom, 2.5-bathroom home measuring 1,677 square feet for $2,375,000, and the most expensive is a three-bedroom, 3.5-bathroom penthouse residence spanning 3,354 square feet for $9,995,000. 30 East 31st Street is located between Madison Avenue and Park Avenue South.
Excavation has begun at 155-165 West 29th Street, the site of a 17-story self-storage facility in Chelsea, Manhattan. Designed by Mancini Duffy and developed by Highland Development Ventures LLC and The Davis Companies, which purchased the land in early 2021 for $62.5 million, the nearly 180,00-square-foot structure will stand 223 feet tall between Sixth and Seventh Avenues. Div West 29th Street LLC is the owner, Cauldwell Wingate is the contractor, and McNamara Salvia is the structural engineer for the project. Construction financing totals $84 million and was provided by Santander Bank, N.A. and United Overseas Bank.
