295 Fifth Avenue in Midtown South will soon receive a $350 million redevelopment at the hands of Tribeca Investment Group, PGIM Real Estate, and Meadow Partners. The full-block, 16-story “Textile Building” will have 700,000 square feet of updated office space. Studio Architecture is responsible for the design and CBRE is handling marketing.
New renderings have been revealed for 495 Eleventh Avenue, a pair of residential skyscrapers in Midtown, Manhattan. Located between West 39th and 40th Streets directly next to the Jakob K. Javits Center expansion, the two towers will stand 680 feet tall and 57 stories, and 653 feet tall and 56 stories. The site currently functions as a parking lot for the New York Police Department. FXCollaborative and Gwathmey Siegal Kaufman Architects are the designers responsible for the work.
Façade work is wrapping up on 1100 Avenue of the Americas, a 15-story office building at the corner of West 42nd Street and Sixth Avenue in Midtown, Manhattan. Designed by MdeAS Architects and developed by Brookfield Properties, the project involves a complete exterior overhaul as well as extensive renovations to the building’s 386,190-square-foot interiors. AECOM Tishman is the general contractor for the project, which is located across from the northern corner of Bryant Park and to the east of COOKFOX‘s One Bryant Park.
Demolition is nearly complete on the Union Carbide Building, JP Morgan Chase‘s former 52-story, 707-foot-tall headquarters at 270 Park Avenue in Midtown East, while the new steel superstructure for its 2.5 million-square-foot supertall replacement continues to rise on the opposite side of the full-block plot. The new 1,425-foot-tall skyscraper will eventually stand as one of the tallest structures in New York City on a parcel of land bound by Park Avenue to the east, Madison Avenue to the west, East 47th Street to the south, and East 48th Street to the north.
Construction is wrapping up on 532 West 20th Street, an 11-story residential project in Chelsea. Designed and developed by Joe McMillan’s DDG, which purchased the site for $24.25 million in 2014, the 27,019-square-foot building will yield nine full-floor apartments averaging 3,000 square feet apiece, with sales handled by the Shemesh Team at Douglas Elliman. The one-story Anton Kern Gallery formerly occupied the parcel, which is located between Tenth and Eleventh Avenues.
