Midtown

220 Central Park South’s Exterior Mechanical Elevator Coming Down, in Midtown

8:00 am on February 26, 2019 By Michael Young

Construction on 220 Central Park South is starting to wrap up, as the exterior mechanical elevator is finally being disassembled. The 67-story residential tower will contain 593,000 square feet of prime real estate, and stands 950 feet tall above Midtown and Central Park South. Robert A. M. Stern Architects is the lead architect while SLCE Architects is the executive architect. Vornado Realty Trust is the developer of the nearly $3.4 billion dollar project. Interiors are being designed by Thierry W. Despont.

New Video Highlights Central Park Tower as the Tallest Residential Building in the World

8:00 am on February 25, 2019 By Michael Young

Adrian Smith + Gordon Gill have released a new video featuring Central Park Tower. The future 1,550-foot tall skyscraper will soon eclipse 432 Park Avenue as the tallest residential building in the world. The site is addressed as 217 West 57th Street, and will be the tallest skyscraper on 57th Street, aka “Billionaire’s Row,” within the next few months. Recent photos also show construction getting closer to the 137-story pinnacle.

Two Affordable Housing Projects Revealed in Hell’s Kitchen, at 705 Tenth Avenue and 806 Ninth Avenue

7:00 am on February 25, 2019 By Sebastian Morris

The New York City Department of Housing Preservation and Development has announced the construction of two affordable housing projects in Hell’s Kitchen, Manhattan. Together, the 100% affordable housing developments will create more than 250 homes for low-income families and the formerly homeless.

Studio C Architects Reveals New Renderings of 300 West 30th Street

7:00 am on February 24, 2019 By Sebastian Morris

Construction will soon kick-off at 300 West 30th Street following approvals from the Department of Buildings. Designed by Studio C Architects, a new collection of renderings offer a first look at the property.

Michael Shvo Announces Mandarin Oriental Residences at 685 Fifth Avenue

7:30 am on February 22, 2019 By Sebastian Morris

Following last year’s purchase of 685 Fifth Avenue, developer Michael Shvo has announced a partnership with Mandarin Oriental Hotel Group to manage a collection of condominiums within the property. Rounding out the development team for the project is Turkish investment group Bilgili Holding and investment management firm Deutsche Finance.

JLL Announces $36.7M In Construction Financing for 128-130 West 23rd Street, in Chelsea, Manhattan

7:00 am on February 21, 2019 By Sebastian Morris

JLL Capital Markets recently announced the successful acquisition of a $36.7 million loan to facilitate the construction of a new, mixed-use condominium building in Manhattan. Located on the border of Flatiron and Chelsea, the building’s official address is 128-130 West 23rd Street, and the project is already under construction.

Proposed Updates to the New York Public Library’s Iconic Stephen A. Schwarzman Building Head to LPC

7:30 am on February 19, 2019 By Sebastian Morris

A highly anticipated LPC hearing for the renovation and exterior alteration at the New York Public Library’s Stephen A. Schwarzman Building at 476 Fifth Avenue will take place later today. Earlier this month, the Landmarks Committee of Community Board 5 met to discuss proposed changes to the library that would introduce new outdoor areas.

Excavation Nearing Completion For BIG’s Supertall Spiral at 66 Hudson Boulevard, in Hudson Yards

8:00 am on February 18, 2019 By Michael Young

Thanks to aerial photographs taken by Tectonic, we now have a clear overview of the current progress at 66 Hudson Boulevard, aka The Spiral. Designed by Bjarke Ingels Group and developed by Tishman Speyer, the site of the future supertall commercial office building is wrapping up excavation while the two construction cranes assembled in the past couple of weeks are now fully operating.

Glass Addition Takes Shape Atop 44 Union Square

7:30 am on February 17, 2019 By Michael Young

Designed with a symmetrically curvilinear space frame with triangular-shaped glass panels, construction progresses on the new addition at 44 Union Square. When completed, this contemporary addition will create two new floors that overlook Union Square. The total square footage of the 90-year-old landmarked mixed-use building will increase to 70,348 square feet. BKSK Architects is the designer, while Edifice Real Estate Partners is developing the property. CNY Group is in charge of the construction and renovations.

RFR Announces Massive Redevelopment Plan and 300,000-SF Vacancy at 345 Park Avenue South

7:30 am on February 15, 2019 By Sebastian Morris

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.

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Midtown

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