Midtown

ODA’s 126 East 57th Street Climbs Above Podium Levels in Midtown, Manhattan

8:00 am on March 20, 2024 By Michael Young and Matt Pruznick

Construction continues to rise on 126 East 57th Street, a 28-story residential tower on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall structure will yield 147 condominium units with an average scope of 1,156 square feet, as well as 5,000 square feet of lower-level retail space. WSP USA is the engineer and Plaza Construction is the general contractor for the property, which is located at the corner of East 56th Street and Lexington Avenue, with a narrow panhandle extension to East 57th Street.

50 Ninth Avenue Nears Completion in Chelsea, Manhattan

8:00 am on March 19, 2024 By Michael Young and Matt Pruznick

Construction is nearing completion on 50 Ninth Avenue, a nine-story commercial renovation and expansion on the border of Chelsea, the Meatpacking District, and the West Village. Designed by BKSK Architects for Tavros Capital with Fogarty Finger responsible for all interiors and the storefront, the project involves the restoration of a row of low-rise landmarked townhomes and the construction of a modern volume above, and will yield 57,000 square feet of office space and 30,000 square feet of flexible retail space. Broadway Construction is the general contractor for the property, which is alternately addressed as 351-355 West 14th Street and located at the corner of Ninth Avenue and West 14th Street.

501 Ninth Avenue Rises Above Street Level in Midtown, Manhattan

7:30 am on March 18, 2024 By Michael Young

Construction is rising on 501 Ninth Avenue, a 12-story residential building in Midtown, Manhattan on the border of Hudson Yards and the Garment District. Designed by Archimaera Architecture and developed by ZD Jasper Realty under the ZDJ Hudson Yards LLC, the structure is being constructed alongside its 120-foot-tall identical counterpart at 489 Ninth Avenue at the southern end of the parcel. The two buildings will collectively span 220,000 square feet and yield 174 condominium units with an average scope of 970 square feet, as well as ground-floor commercial space, a cellar level, and a 30-foot-long rear yard. Warner Construction Services Inc. is the general contractor for both properties, which are bound by West 38th Street to the north, West 37th Street to the south, Ninth Avenue to the east, and Dyer Avenue to the west.

Rendering of the new Midtown Bus Terminal, courtesy of Port Authority of New York and New Jersey

Funding Approved For New Port Authority Bus Terminal In Midtown, Manhattan

7:00 am on March 17, 2024 By Max Gillespie

Governor Kathy Hochul, New York City Mayor Eric Adams, and the Port Authority of New York and New Jersey (PANYNJ) have agreed to work together to finance a $10 billion project to replace and expand the Port Authority Bus Terminal in Midtown, Manhattan. The city has agreed to allocate 40 years of tax revenue from three new commercial developments to fund the project, which has been designed by Foster + Partners. The tax allocation is expected to generate around $2 billion and cover approximately 20 percent of the total anticipated $10 billion cost of construction for the project.

Renderings Revealed for The Torch at 740 Eighth Avenue in Midtown, Manhattan

8:00 am on March 15, 2024 By Michael Young and Matt Pruznick

Renderings have been revealed for The Torch, a 1,067-foot mixed-use supertall skyscraper at 740 Eighth Avenue in Midtown, Manhattan. Designed by ODA with SLCE Architects as the architect of record and developed by Extell, the 52-story structure will span 875,372 square feet and yield an 825-room hotel on the lower half and a public outdoor observation deck with a drop ride attraction above. The property will also feature lower-level retail space, a restaurant on two of the upper floors, a VIP lounge, and a pool deck for hotel guests. Lendlease is the general contractor, WSP is the structural engineer, and Ancora Engineering is handling excavation and foundations for the project, which is located along Eighth Avenue between West 45th and 46th Streets on the border of Times Square and Hell’s Kitchen.

New Renderings Revealed For Wynn Resorts At Phase Two Of Hudson Yards

8:00 am on March 14, 2024 By Michael Young

Wynn Resorts revealed a series of new renderings for its proposed casino and hotel location within phase two of Hudson Yards. Developed with Related Companies, the master plan, expected to cost $12 billion, consists of multiple skyscrapers that will additionally yield space for 1,500 apartments, two million square feet of office space, a public school, and a daycare center. The master plan is slated to rise directly west of the first phase of Hudson Yards over the 13-acre open-air Western Rail Yards bound by West 33rd Street to the north, West 30th Street to the south, Eleventh Avenue to the east, and West Street to the west.

Housing Lottery Launches for 420 West 42nd Street in Midtown West, Manhattan

7:00 am on March 14, 2024 By Vanessa Londono

The affordable housing lottery has launched for 420 West 42nd Street, a 40-story residential building in Manhattan‘s Midtown West. Designed by Hardy Holtzman Pfeiffer Architects and developed by The Brodsky Organization in 2000, the structure yields 210 residences. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $78,858 to $198,250.

538-542 West 29th Street Prepares For Demolition in West Chelsea, Manhattan

7:30 am on March 3, 2024 By Michael Young

Demolition preparations are underway at 538-542 West 29th Street, the site of an art-inspired mixed-use hotel and condominium building in West Chelsea, Manhattan. Designed in collaboration between Jeffrey Cole Architects and AA Studio and developed by hospitality group PPHE Hotel Group and Largo Investments, which acquired the property for $42 million, the 74,000-square-foot structure is planned to yield 98 guest rooms and 55 residences. W29 Owner LLC is listed as the owner and Northeast Specialist Group LLC is the contractor for the project, which is located between Ninth and Tenth Avenues.

489 Fifth Avenue’s Façade Replacement Progresses in Midtown, Manhattan

7:30 am on February 26, 2024 By Michael Young and Matt Pruznick

Re-cladding work is progressing on 489 Fifth Avenue, a 34-story Class A office building in Midtown, Manhattan. Designed by Kahn & Jacobs in the 1970s, the 175,746-square-foot structure is in the process of an extensive exterior overhaul with modern, expansive glass replacing the former window grid on the main western elevation facing the New York Public Library and Bryant Park. RBG is listed as the owner of the property, which is alternately addressed as 12 East 42nd Street and stands on a 5,100-square-foot interior lot between East 41st and East 42nd Streets.

Excavation Progresses at 354-360 West 52nd Street in Hell’s Kitchen, Manhattan

7:30 am on February 25, 2024 By Michael Young and Matt Pruznick

Excavation and early foundation work is steadily progressing at 354 West 52nd Street, an upcoming seven-story condominium property in Hell’s Kitchen, Manhattan. Designed by Architecture Outfit and developed by Cadence Property Group, HOH Capital Partners, and Deal Lake Capital, who also purchased the adjacent 360 West 52nd Street lot to the west as part of the project, the future 66-foot tall, 55,000-square foot structure will yield 32 units spanning one- to three-bedrooms, stretch nearly 92 feet along West 52nd Street and include a 20-foot wide private main entrance on West 51st Street. Titanium Construction Services, Inc. is the general contractor for the site, which is located between Eighth and Ninth Avenues.

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Midtown

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