Silverstein Properties has announced two new leases at 1177 Avenue of the Americas, a Class A office tower in Midtown, Manhattan. The new leases will occupy 47,929 square feet in the building, which is home to tenants including The Weather Channel and Practicing Law Institute.
Construction has surpassed the halfway mark on 520 Fifth Avenue, an 88-story residential supertall skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, the 1,002-foot-tall structure will span 415,000 square feet and yield 100 condominium units, a residents-only amenity floor on level 88, boutique office floors, a private members only club called Moss, and four cellar levels. The project is located at the northwest corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.
Exterior work is continuing on 450 Eleventh Avenue, a 51-story hotel structure in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the 642-foot-tall skyscraper will yield 379 guest rooms and amenities including a business center, a ballroom, banquet and conference spaces, a spa, a fitness center, and a multi-level restaurant with a bar and outdoor terrace. The property is located at the corner of West 37th Street and Eleventh Avenue, directly across from the Jacob K. Javits Center.
Construction has reached the final floor of 335 Eighth Avenue, a seven-story residential building in Chelsea, Manhattan. Designed by COOKFOX Architects and developed by MAG Partners and Mutual Redevelopment Houses, Inc., the 200,000-square-foot structure will yield 188 rental units in studio to two-bedroom layouts, a 23,000-square-foot Lidl supermarket, and additional ground-floor retail space. Thirty percent of the homes will be reserved for affordable housing. The property is being built by Urban Atelier Group and is located at the corner of Eighth Avenue and West 26th Street within the Penn South affordable housing cooperative, officially known as Mutual Redevelopment Houses.
