Midtown

New York Korea Center Continues to Progress at 122-126 East 32nd Street in Murray Hill, Manhattan

7:30 am on November 1, 2021 By Michael Young

Work is continuing to progress behind scaffolding on the New York Korea Center, a seven-story structure at 122-126 East 32nd Street in Murray Hill. Designed by Samoo Architects and Engineers (SAMOO) and developed by Level Group, the 36,500-square-foot edifice will serve as the headquarters for the Consulate General of the Republic of Korea in New York, which purchased the property in March 2008 at a cost of $15.8 million. This sale also included the use of nearly 4,500 square feet of air rights. Construction took a quite some time to commence, and ground broke in June 2018 for the 120-foot-tall project. KSK Construction Group is the general contractor for the building, which sits between Park Avenue South and Lexington Avenue. The developers are aiming for LEED Certification.

SOM’s 1245 Broadway Nears Completion in NoMad, Manhattan

8:00 am on October 30, 2021 By Michael Young

Exterior work is wrapping up on 1245 Broadway, a 23-story commercial building in NoMad. Designed by Skidmore Owings & Merrill and developed by GDSNY and Sweden-based Klövern AB, the 318-foot-tall, LEED Gold structure will yield 200,000 square feet of office space with leasing handled by CBRE. StructureTech NY and Triton Construction are building the Midtown, Manhattan project, which stands at the corner of West 31st Street and Broadway.

30 East 31st Street’s Lattice Cladding Wraps Up Installation in NoMad, Manhattan

8:00 am on October 26, 2021 By Michael Young

Construction is nearing completion on 30 East 31st Street, a 39-story residential tower in NoMad. Designed by Morris Adjmi Architects and developed by Ekstein Development and Pinnacle Real Estate, the 479-foot-tall structure will yield 70,000 square feet and 42 units marketed by Reuveni Real Estate. The homes average 1,700 square feet and range in price from $1.65 million to upward of $12 million. 30 East 31st Street is located between Madison Avenue and Park Avenue South.

Excavation For FIT’s New Academic Building Nears Completion at 220 West 28th Street in Chelsea, Manhattan

7:30 am on October 26, 2021 By Michael Young

Excavation and foundation work are progressing at 220 West 28th Street, site of Fashion Institute of Technology‘s New Academic Building in the Garment District of Chelsea. Designed by SHoP Architects, the ten-story, 110,000-square-foot structure will rise from a slender rectangular plot between Seventh and Eighth Avenues. The site is within walking distance of Penn Station, Madison Square Garden, and Moynihan Train Hall and is aiming for LEED Gold certification. EE Cruz & Company Inc. is the general contractor for the project.

Rendering of One Madison Avenue Expansion. Designed by Kohn Pedersen Fox

One Madison Avenue’s Renovation and Expansion Progresses in The Flatiron District, Manhattan

8:00 am on October 25, 2021 By Michael Young

Work continues to progress on One Madison Avenue, a 1.4-million-square-foot, 27-story office tower expansion in Midtown, Manhattan’s Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the project involves the construction of a steel-framed structure atop the current eight-story building, which was partially demolished and is in the process of being excavated and gutted. The property takes up a full block bound by East 23rd and 24th Streets and Madison Avenue and Park Avenue South, and sits directly adjacent to the 112-year-old Metropolitan Life Insurance Company Tower. The developers, which also include the National Pension Service of Korea and Hines, successfully acquired $1.25 billion in construction financing and are aiming to achieve both WELL and LEED Gold certification, as well as incorporating state-of-the-art HVAC and circulation systems to improve interior air quality and overall cleanliness. AECOM Tishman is serving as the general contractor.

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

7:30 am on October 25, 2021 By Michael Young

Façade work is continuing to progress on The Fifth Avenue Hotel at 250 Fifth Avenue in NoMad. Designed by Perkins Eastman, PBDW Architects, and Martin Brudnizki Design Studio and developed by Flaneur Hospitality, the project involves the construction of a 230-foot-tall, 24-story reinforced concrete tower and the renovation and hotel conversion of a 116-year-old McKim, Mead & White-designed building. CNY Group is the general contractor for the project, which is being built at the corner of Fifth Avenue and West 28th Street.

Permits Filed for 300 East 50th Street in Midtown East, Manhattan

6:30 am on October 25, 2021 By Vanessa Londono

Permits have been filed for a 12-story mixed-use building at 300 East 50th Street in Midtown East, Manhattan. Located at the intersection of Second Avenue and East 50th Street, the corner lot is closest to the Lexington Avenue/53rd Street subway station, serviced by the E, M, and 6 trains. Reggie Kronstadt, principal at Krown Point Capital, is listed as the owner behind the applications.

132 West 28th Street’s Façade Installation Progresses in Chelsea, Manhattan

7:30 am on October 24, 2021 By Michael Young

Façade work continues on the Chelsea Aloft Hotel, a 32-story tower at 132 West 28th Street. Designed by Peter Poon Architects and developed by Frank Ng, the 326-foot-tall reinforced concrete structure will yield 203 guest rooms. Milestone Construction Corporation is the general contractor for the project, which is located between Sixth and Seventh Avenues in the Flower District.

Rose Hill Wraps Up Construction at 30 East 29th Street in NoMad, Manhattan

8:00 am on October 23, 2021 By Michael Young

Exterior work is finishing up on Rose Hill, a 45-story residential skyscraper at 30 East 29th Street in Midtown‘s NoMad district. Designed by CetraRuddy Architecture and developed by Rockefeller Group, the 639-foot-tall Art Deco-inspired structure yields 123 condominiums marketed by CORE Real Estate. The one- to four-bedroom homes range in price from $1.385 million to $19.5 million for an upper penthouse. The property is located between Madison Avenue and Park Avenue South, and stands on the site of the 130-acre Rose Hill Farm estate that once occupied this section on the island.

SUMMIT One Vanderbilt Opens To The Public In Midtown East, Manhattan

8:00 am on October 22, 2021 By Michael Young

SUMMIT One Vanderbilt, New York City’s fifth public high-rise observatory, officially opened to the public yesterday afternoon at 1:00 PM. A group of SL Green Realty executives, SUMMIT One Vanderbilt creators, One Vanderbilt partners, and New York City leaders gathered atop the 91st floor of the 65,000-square-foot indoor-outdoor venue earlier yesterday morning to give speeches and cut a ceremonial ribbon before the first visitors arrived.

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