Midtown

Housing Lottery Launches for The Sierra Chelsea at 130 West 15th Street in Chelsea, Manhattan

6:30 am on April 23, 2024 By Vanessa Londono

The affordable housing lottery has launched for The Sierra Chelsea, a 14-story residential building built in 2002 at 130 West 15th Street in Manhattan’s Chelsea neighborhood. Designed by Costas Kondylis & Partners, the structure yields 213 residences. Available on NYC Housing Connect are 11 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $107,623 to $146,900.

New Leases Announced for 299 Park Avenue in Midtown East, Manhattan

7:00 am on April 22, 2024 By Max Gillespie

Fisher Brothers recently announced more than 60,000 square feet of leasing activity at 299 Park Avenue in Midtown East, Manhattan. The property has seen a lease renewal from law firm Becker, Glynn, Muffly, Chassin & Hosinski LLP, a lease renewal from real estate capital markets firm Park Madison Partners, and a new lease with investment company MacKay Shields LLC.

The Corcoran Group Relocates To Full-Floor Of 220 West 19th Street In Chelsea, Manhattan

7:30 am on April 20, 2024 By Max Gillespie

Avison Young recently arranged a new 10-year lease at 220 West 19th Street in Chelsea, Manhattan, on behalf of landlord Red Circle NY Corp. The lease will be a relocation for The Corcoran Group’s Chelsea office from its current location at 218 West 18th Street. The 9,200-square-foot lease will span the entire fifth floor of the boutique owner-occupied office building. The space is fully built, furnished, and wired.

300 East 50th Street Reaches Halfway Mark in Midtown East, Manhattan

8:00 am on April 19, 2024 By Michael Young

Construction is rising on 300 East 50th Street, a 23-story residential building in the Turtle Bay section of Midtown East, Manhattan. Designed by BKSK Architects and developed by MAG Partners in collaboration with Global Holdings, KRW Realty Advisors, Krown Point, and Safanad, the 275-foot-tall structure will span 170,000 square feet and yield 194 units, with 30 percent allocated to affordable housing, as well as ground-floor retail space, a cellar level, and a 30-foot-long side yard. 300 East 50th Street Owner LLC is listed as the owner and Urban Atelier Group is the general contractor for the property, which is located at the intersection of Second Avenue and East 50th Street.

Façade Installation Continues on One Times Square in Times Square, Manhattan

8:00 am on April 18, 2024 By Michael Young

Façade installation is moving along on One Times Square, a 26-story commercial tower at 1475 Broadway in Times Square. Designed by S9 Architecture with SLCE Architects as the architect of record and developed by Jamestown, the $500 million project involves the full gut renovation and re-cladding of the 120-year-old, 395-foot-tall steel-framed structure, along with the addition of new LED displays and public viewing decks with platforms that will overlook the district. Turner Construction Company is the general contractor for the property, which is located on a trapezoidal plot bound by West 43rd Street to the north, West 42nd Street to the south, Broadway to the east, and Seventh Avenue to the west.

Updated Design Revealed for 350 Park Avenue Supertall in Midtown East, Manhattan

8:00 am on April 17, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for 350 Park Avenue, a proposed supertall office skyscraper in Midtown East, Manhattan. Designed by Norman Foster of Foster + Partners and developed by Ken Griffin, Vornado Realty Trust and Rudin, the 62-story structure is planned to rise roughly 1,600 feet tall and yield 1.8 million square feet of office space, with 54 percent to be occupied by the hedge fund Citadel LLC. The project site is bound by East 52nd Street to the north, East 51st Street to the south, and Park Avenue to the east.

425 Park Avenue, courtesy of L&L Holding

L&L Holding Company Secures Refinancing For 425 Park Avenue In Midtown East, Manhattan

7:30 am on April 13, 2024 By Max Gillespie

L&L Holding Company has secured $911 million in refinancing for 425 Park Avenue, an office skyscraper in Midtown East, Manhattan. Sumitomo Mitsui Trust Bank led the refinancing as the principal lender, with the new five-year floating rate loan intended to replace a similar-sized loan from 2021 that supported the tower’s final construction and leasing activities.

Photograph of 51W52, by Colin Miller Photos

New Photos Reveal Completed Renovations At 51 West 52nd Street In Midtown, Manhattan

7:30 am on April 11, 2024 By Max Gillespie

Renovations are complete on 51W52, also known as Black Rock, an office building at 51 West 52nd Street in Midtown Manhattan. Harbor Group International completed the $128 overhaul of the 38-story structure, which was originally designed by Eero Saarinen as the headquarters for CBS and yields 900,000 square feet of interior space.

32 West 48th Street Begins Ascent in Midtown, Manhattan

8:00 am on April 7, 2024 By Michael Young

Construction is rising on 32 West 48th Street, a 31-story hotel tower in Midtown, Manhattan’s Diamond District. Designed by SLCE Architects and developed by Extell, the 456-foot-tall structure will span 213,158 square feet and yield 534 guest rooms with an average scope of 316 square feet. AECOM Tishman is the general contractor for the project, which is located between Fifth and Sixth Avenues, directly south of Rockefeller Center, with a narrow annex extending south to West 47th Street.

Photograph of 200 Fifth Avenue, courtesy of BXP

YETI Opens New York Flagship Store at 200 Fifth Avenue in Flatiron, Manhattan

7:30 am on April 5, 2024 By Max Gillespie

National development and management company BXP has announced the opening of YETI’s first New York City flagship storefront at 200 Fifth Avenue in Flatiron, Manhattan. The outdoor products supplier will occupy 6,614 square feet across two floors in the building, which is located in a highly trafficked area directly across from Madison Square Park.

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