Midtown

Rendering of new entryways at 545 Madison Avenue - Marx Realty; Studios Architecture

Marx Realty Announces $24 Million Renovation of 545 Madison Avenue in Midtown

Marx Realty has announced an extensive renovation project at 545 Madison Avenue to modernize the Midtown office building. The scope of work includes an overhaul of the lobby, creation of pre-built tenant suites on the third and 14th floors, and the construction of 5,000 square feet of new amenity spaces. According to representatives from the company, total construction costs for the project hover around $24 million and represent the growing demand for offices with hospitality-oriented amenities.

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New York Korea Center of NYC Begins to Rise at 122-126 East 32nd Street in Murray Hill

The New York korea Center has finally begun to rise at 122-126 East 32nd Street in Murray Hill. The Midtown site, which is located between Lexington Avenue and Park Avenue South, had sat dormant since excavation was completed following the official groundbreaking ceremony in June 2018. The project is designed by Samoo Architects and Engineers (SAMOO) and developed by Level Group. The Consulate General of the Republic of Korea, NY, purchased the property for $15.8 million in March 2008, including the use of nearly 4,500 square feet of air rights.

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The Chrysler Building. Photo by Michael Young

LPC to Review Proposal for an Observation Deck at the Chrysler Building

Proposals to construct a new observation deck on the upper floors of the Chrysler Building have arrived for review by the Landmarks Preservation Commission. As promised by Aby Rosen, co-founder of RFR Holding and part-owner of the Midtown East icon, these plans comprise just one phase of his vision to invigorate interior spaces of the landmark at 405 Lexington Avenue with new restaurants, a food hall, and retail spaces.

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10 West 55th Street in Midtown, Manhattan

Permits Filed for Morris Adjmi-Designed 10 West 55th Street in Midtown, Manhattan

Permits have been filed for a 24-story mixed-use building at 10 West 55th Street in Midtown, Manhattan. Located between 5th and 6th Avenues, the through lot is close to the 5th Avenue-53 Street subway station, serviced by the E and M trains, and 57th Street station, serviced by the F train. Leonard Wilf of Garden Homes under the 18 West 55th Street, LLC is listed as the owner behind the applications. The family behind Garden Homes and Skyline Developers purchased the abutting 9 West 54th Street and 10 West 55th Street lots, a combined 22,500 square feet, for $75 million last year.

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540 3rd Avenue in Murray Hill, Manhattan

Permits Filed for 540 3rd Avenue in Murray Hill, Manhattan

Permits have been filed for a 17-story mixed-use building at 540 Third Avenue in Murray Hill, Manhattan. Located between East 36th Street and Third Avenue, the corner lot is also addressed as 162 East 36th Street. The development is a short walk to the 33rd Street subway station, serviced by the 6 train. Robert Gilardian of Gilar Realty is listed as the owner behind the applications.

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