The Feil Organization has announced that multinational accounting and consulting services firm Marcum Asia CPAs LLP is expanding its headquarters at 7 Penn Plaza, an 18-story commercial building at 370 Seventh Avenue in Chelsea. The firm will add 8,851 square feet of office space to its existing footprint, bringing its total occupancy to 14,870 square feet on the eighth floor for the next decade.
At number 21 on our annual year-end construction countdown is the Rolex headquarters, a 469-foot-tall commercial building at 665 Fifth Avenue in Midtown, Manhattan. Designed by David Chipperfield Architects with Adamson Associates as the architect of record and developed by the Rolex Realty Company, the 28-story structure will yield 199,000 square feet of office and retail space for the world-famous watchmaker. Pavarini McGovern is the general contractor for the property, which is located at the corner of Fifth Avenue and East 53rd Street.
Officials and crews recently celebrated the topping out of One Times Square, a 26-story commercial tower at 1475 Broadway in Times Square. Designed by S9 Architecture with SLCE as the architect of record and developed by Jamestown, the $500 million project involves the full gut renovation and exterior re-cladding of the 119-year-old, 395-foot-tall structure, along with the addition of new LED displays and public viewing decks with platforms that will overlook the famous crossroads. R&R Scaffolding Companies will supply the BMU and Turner Construction Company is the general contractor for the property, which is located on a trapezoidal plot bound by West 43rd Street to the north, West 42nd Street to the south, Broadway to the east, and Seventh Avenue to the west.
L&L Holding Company, in collaboration with renowned artist Anthony James and SPACE2CURATE, have unveiled “Constellations,” a sculpture installation at 425 Park Avenue in Midtown East, Manhattan. Visible from Park Avenue and 55th Street, the work occupies a 5,000-square-foot glass-enclosed gallery at the southeast corner of the 897-foot-tall commercial skyscraper from Foster + Partners.
Foundations have reached street level at 18 West 55th Street, the site of a 26-story residential building in Midtown, Manhattan. Designed by Morris Adjmi Architects and developed and built by Skyline Developers under the 18 West 55th Street LLC, which purchased the property for $83 million in 2017, the 289-foot-tall structure will span 152,084 square feet and yield 97 rental units with an average scope of 1,319 square feet, as well as 6,380 square feet of ground-floor commercial space and a 10,343-square-foot cellar level. The development sits on a formerly vacant interior lot next to the Peninsula Hotel between Fifth and Sixth Avenues.
