The brick envelope of 292 Fifth Avenue is reaching the final stories of the 21-story mixed-use hotel. Designed by Gene Kaufman Architect and developed by Sam Chang, the project is located between West 30th and 31st Streets on the border of both Koreatown and NoMad. The property is set to yield 16 residential units and a hotel operated by Le Meridien.
Construction is approaching street level at 450 Eleventh Avenue in Hudson Yards, site of a 487-foot-tall, 531-room hotel. A good deal of progress has occurred since site YIMBY’s update last October, when excavation was just wrapping up and the foundations walls were still being formed. Designed by DSM Design Group, developed by Marx Development Group, and due to operate under Starwood Hotels & Resorts Worldwide, 450 Eleventh Avenue is located between West 36th and 37th Streets, directly across from the Jacob K. Javits Center.
Scaffolding and black netting shrouds nearly all of 685 Fifth Avenue in preparation for a 100,000-square-foot office-to-condominium conversion. The project will also add ten floors atop the existing 20-story structure, which sits at the corner of Fifth Avenue and 53rd Street. Developed by Michael Shvo’s SHVO in partnership with BLG Holdings and Deutsche Financial, the finished building will stand 350 feet tall and contain 69 condominiums managed by Mandarin Oriental Hotel Group. Marin is the architect of record and designer for the $135 million project with March & White handling the interior designs. Brookfield Properties is in charge of marketing the Fifth Avenue retail space, which is still home to the Coach, Stuart Weitzman, and Tag Heuer flagship stores.
New York’s Landmarks Preservation Commission (LPC) is currently reviewing proposals for new marquees and retail storefronts on the ground floor of the historic Paramount Building in Times Square. The 33-story structure is located at 1501 Broadway at the corner of 43rd Street and currently contains New York City’s only Hard Rock Cafe, ground-floor retail, and office space on the upper levels.
YIMBY checked in on 665 Fifth Avenue, the site of a forthcoming David Chipperfield Architects-designed headquarters for Rolex. The Midtown lot sits at the intersection of Fifth Avenue and East 53rd Street and is currently occupied by a 12-story structure that was built in the 1970s. This International Style building will be torn down to make way for the new 25-story edifice, which will feature a contemporary design of irregularly stacked boxes clad in glass.
