Midtown

Pfizer HQ’s Residential Conversion, Expansion Progresses at 219-229 East 42nd Street in Midtown East, Manhattan

Work is moving along on the office-to-residential conversion and expansion of the former Pfizer headquarters at 229 East 42nd Street in Midtown East, Manhattan. Designed by Gensler and developed by Metro Loft Development and David Werner Real Estate Investments, the project involves the gut renovation and full re-cladding of the 33-story tower, along with the construction of a 19-story vertical expansion of the adjacent building at 219 East 42nd Street. The conversion will yield 1,600 rental apartments, with 25 percent reserved for affordable housing, as well as ground-floor retail space and 100,000 square feet of amenities. The abutting properties are located at the northwestern corner of East 42nd Street and Second Avenue.

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New York City Moves Forward On 34th Street Busway In Midtown, Manhattan

New York City is set to move forward with a long-delayed busway on 34th Street between Ninth Avenue and Third Avenue in Midtown, Manhattan. The plan is intended to improve travel times for more than 28,000 daily bus riders while enhancing street safety, freight movement, and emergency vehicle access. The initiative builds on the city’s previous bus-priority projects, including the 14th Street busway.

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383 Madison Avenue. Rendering courtesy of JPMorgan.

New Façade Begins Installation on JPMorgan Chase’s 383 Madison Avenue in Midtown East, Manhattan

Renovation and recladding is quickly progressing at 383 Madison Avenue, a 47-story office skyscraper in Midtown East, Manhattan. Designed by Skidmore, Owings & Merrill along with Foster + Partners and Gensler, the original curtain wall for the 755-foot-tall structure’s façade is being replaced, while the 1.2 million square feet of office space is being revamped to serve the banking investment division of JPMorgan Chase. Formerly known as the Bear Stearns Building, the tower was originally designed by David Childs of SOM and completed in 2001. The property is bounded by Madison and Vanderbilt Avenues and East 46th and East 47th Streets, and stands directly south of the financial institution’s recently completed headquarters at 270 Park Avenue.

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303 East 44th Street. Designed by ODA.

303 East 44th Street Tops Out In Midtown East, Manhattan

Construction has topped out on 303 East 44th Street, a 35-story residential tower in Midtown East, Manhattan. Designed by ODA Architects and developed by Bruklyn Builders, the 470-foot-tall structure will span 89,043 square feet and yield 131 rental units along with 8,006 square feet of commercial space. The property is located on an interior lot between First and Second Avenues.

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Penn Station Renovation. Image: Gothamist

Development Team, Renderings Revealed for Penn Station Overhaul in Midtown, Manhattan

The long-gestating plan to revitalize Penn Station has taken a significant step forward with the selection of a development team for the Midtown, Manhattan transit hub. Penn Transformation Partners, a joint venture between Halmar and Skanska, will lead the project, which will involve extensive exterior and interior revisions to the facility while preserving and re-cladding Madison Square Garden.

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