Midtown

Work Begins on Conversion And 23-Story Hotel Addition at 250 Fifth Avenue in NoMad

7:30 am on August 8, 2018 By Michael Young

A weave of scaffolding and black netting has now shrouded the exterior facade of a former office building at 250 Fifth Avenue, which will soon be reborn as a hotel. The site is in NoMad, between West 28th Street and West 29th Street. With the facade designated as a landmark within the Madison Square North Historic District, the original five-story McKim, Mead and White structure, completed in 1907, will be part of the conversion that also calls for a new 23-story tower to the west of the original 111 year-old structure.

New Renderings Revealed for The XI As First Tower Tops Out At 76 Eleventh Avenue in Chelsea

8:00 am on August 7, 2018 By Andrew Nelson

The newest Bjarke Ingels Group-designed project has now partially topped out. The taller 36-story component of the XI, at 76 Eleventh Avenue in Chelsea, has reached this milestone when just seven months ago, it was merely two stories high. With only a few months in between YIMBY’s visits, the enormous scale of the new building is quite shocking, as it rose incredibly quickly. The theatric nature of the twisting concrete sculpture certainly catches the attention of visitors from the High Line park, where many tourists are already snapping photographs. HFZ Capital Group is responsible for the development.

53 West 53rd Street, image by Andrew Campbell Nelson

53 West 53rd Street Reaches Full Pinnacle 1,050 Feet Above Street Level, Officially Tops-Out

8:00 am on August 6, 2018 By Andrew Nelson

One of the most highly anticipated skyscrapers in Manhattan’s history has finally reached its peak architectural height. Two American flags have been fastened to the top of the tower in Midtown, announcing that the full topping-out has now occurred. This differs from the mid-June topping out event that architect Jean Nouvel attended, since that was to celebrate construction reaching the peak habitable height. Hines is responsible for the development.

17-Story Addition Atop 441 Ninth Avenue Closing in on Final Floors, Hudson Yards

7:30 am on August 2, 2018 By Michael Young

441 Ninth Avenue, between 9th Avenue & Dyer Avenue and 34th Street & 35th Street, is undergoing a major transformation. The original eight-story structure was built in 1962 and once housed a warehouse, before being converted into an office building. Now, interiors are once again being renovated, and will sit beneath an all-new 17-story addition atop the square-shaped structure. Cove Property and Baupost Group are the developers of the 700,000 square foot project, named “Hudson Commons,” which is rising thanks to a $479 million construction loan secured last November.

GDS Development Closes on Additional Air Rights for 500 West 25th Street in West Chelsea

7:00 am on August 2, 2018 By Sebastian Morris

GDS Development has acquired an additional 7,410 square feet of air rights for their planned condominium development at 500 West 25th Street, in West Chelsea. The air rights were purchased from Brookfield and Related. Valued at $685 per square foot, GDS’ additional investment totals about $5.1 million.

Hudson Yards from 53 West 53rd Street, image by Andrew Campbell Nelson

YIMBY’s 2018 Mid-Year Pipeline Report Shows Surge In New Development Filings With YTD Unit Count Increasing 67.5% Over 2017

8:00 am on July 30, 2018 By Nikolai Fedak

While YIMBY normally covers aggregate new building applications on an annual basis, this year, we have released our first mid-year pipeline report, and the results are surprisingly positive. After two years of declining applications following the frenzies of 2014 and 2015, the preliminary numbers for 2018 appear to be signaling a major uptick in activity. Year-over-year filings of new residential units have grown substantially, rising from 9,134 in the first six months of 2017, to 15,305 in 2018 — an increase of 67.5%.

Foundation Work Underway for Thomas Heatherwick-Designed 511-525 West 18th Street, West Chelsea

7:30 am on July 26, 2018 By Michael Young

Situated one block north of “The XI,” designed by Bjarke Ingels, and sitting adjacent to Frank Gehry’s IAC Building and Jean Nouvel’s residential tower at 100 Eleventh Avenue, Thomas Heatherwick is bringing his first set of residential buildings to the High Line, just after his “Vessel” recently topped off at Hudson Yards. The project, located at 511-525 West 18th Street, is being developed by Related Companies and will be one of the largest buildings in Chelsea when completed.

Sam Chang and Marriott Partner on New Comfort Inn at 337 West 36th Street, Midtown Manhattan

7:00 am on July 26, 2018 By Sebastian Morris

Located between Penn Station and Times Square, Marriott International and developer Sam Chang have partnered on another high-rise hotel property in Midtown, Manhattan. The final product is currently under construction at 337 West 36th Street and is expected to top-off at 23 stories.

Construction of Dual-Brand Marriott Moves Forward at 338 West 36th Street, Midtown Manhattan

6:30 am on July 25, 2018 By Sebastian Morris

New York hotelier Sam Chang and Marriott International partnered in 2016 to introduce several new ground up hotels around the city. Now, construction on one of two dual-branded properties has picked up between Eighth and Ninth avenues, at 338 West 36th Street.

Pace Gallery’s New Headquarters at 534-540 West 25th Street Tops Out in West Chelsea

7:30 am on July 24, 2018 By Michael Young

Pace Gallery’s new building at 540 West 25th Street, located between 10th and 11th Avenue, has structurally topped out, and installation of the curtain wall is now well underway. The existing gallery is located next to the High Line at 508 & 510 West 25th Street, standing one story tall, and uses four large skylights that flood the interior with natural daylight. The new 60,000 square foot building will stand eight stories and be designed by Bonetti/Kozerski Studio, and developed by Weinberg Properties.

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Midtown

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