In a surprise announcement, real estate investment firm RFR is in pursuit of a new anchor tenant to fill 300,000 square feet of Class-A office space at 345 Park Avenue South. The available space amounts to almost the entirety of the property, including a new private rooftop terrace.
Oxford Properties Group has unveiled a luminous revamp of an interior public plaza within Manhattan’s Olympic Tower. Originally constructed in 1974 by Skidmore, Owings and Merrill (SOM), the plaza was reimagined by MdeAS Architects who oversaw the $30 million overhaul.
One of the latest additions to Chelsea is 192 Eighth Avenue, standing between West 19th Street and West 20th Street. The upcoming mixed-use commercial and residential building is now topped-out six stories above Eighth Avenue. It will soon bring five residential units above the ground floor. The building will come with nearly 10,400 square feet of space ,and is being developed by Dennis Druzhinsky with Versatile Engineering serving as the architect of record.
When we last checked in on the site of 540 West 25th Street, the building had just topped out. The steel structure and metal decking was still mostly exposed. Now with the curtain wall installed, the new 60,000 square foot project is closer to completion. This will be the new headquarters for Pace Gallery, providing eight stories of gallery spaces, private viewing rooms, offices, and a library. The 135-foot tall building is designed by Bonetti/Kozerski Studio and developed by Weinberg Properties. Pace Gallery’s existing spaces are currently located at 508 & 510 West 25th Street next to the High Line.
The Grand Hyatt New York next to Grand Central Terminal may soon be replaced. Developers TF Cornerstone and MSD Partners, L.P. recently announced their plans to redevelop the site in East Midtown, at 42nd Street and Lexington Avenue. The new mixed-use project would take the place of the existing building, adding 2 million square feet of retail and prime class A office space. In addition, the proposal also includes a new (but smaller) Grand Hyatt hotel.
