Midtown

Cladding Installation Underway at Brookfield’s 5 Manhattan West, 450 West 33rd Street

6:00 am on May 4, 2015 By Reid Wilson

Real Estate Weekly watched crews install the first few panels of the glassy curtain wall going in at Manhattan West‘s 450 West 33rd Street, the 16-story, 1.8-million square-foot behemoth located near Penn Station, which Brookfield Properties is renovating top-to-bottom. The transformation is costing $200 million, and this past November, the Wall Street Journal reported that JP Morgan Chase signed a 123,000 square-foot lease for one of the floors. REX Associates is designing, and completion is expected in 2016.

Fosun Developing 47-Story Luxury Residential Tower at 126 Madison Avenue, NoMad

6:30 am on May 1, 2015 By Reid Wilson

Crain’s Business reports the China-based Fosun Group, partnered with JD Carlisle, is planning to develop a 47-story, 180-unit luxury condominium building at 126 Madison Avenue, in Midtown South close to NoMad. Handel Architects is designing the roughly…

Revealed: 338 West 39th Street, The Pestana Hotel

8:00 am on April 30, 2015 By Nikolai Fedak

Yesterday, The Real Deal reported on an eviction controversy surrounding 338 West 39th Street, which is a site that will soon yield a new hotel. Now, YIMBY can reveal the design of the new building coming to the lot, which is being developed by the Portuguese hotel group Pestana Hotels.

65-Story Condo Tower at 100 East 53rd Street Receives Financing

6:00 am on April 30, 2015 By Reid Wilson

Per The Real Deal, RFR Realty, partnered with Hines, has received $360 million in financing from the Industrial and Commercial Bank of China for the 65-story, 91-unit condominium building at 100 East 53rd Street, in Midtown East. Vanke Holdings and China Cinda Asset Management have also purchased stakes in the project this past March. Foster + Partners is designing, and YIMBY brought you an update on construction in March.

Five-Story Building at 425 East 53rd Street Being Converted to Office Space

2:00 pm on April 29, 2015 By Reid Wilson

The Real Deal reports that an affiliate of Ruder Finn has acquired the five-story, 34,000 square-foot commercial building at 425 East 53rd Street, in Midtown East, for $30.7 million. The building will be converted to office space to house the firm’s new headquarters, and Spagnolo Gisness & Associates is designing. The currently occupying tenants will vacant the building this summer.

Nike Leases Office Space at Durst’s 855 6th Avenue, in Midtown

10:00 am on April 29, 2015 By Reid Wilson

Crain’s Business reports Nike has leased 147,000 square feet of office space at the Durst Organization’s 42-story, 570,000 square-foot mixed-use building at 855 6th Avenue, in Midtown South. The third through sixth floors will by occupied by Nike, and their lease will include the 15,000 square-foot outdoor deck. The building was revealed by YIMBY in 2014, and completion is expected in early 2016.

Filings for Six-Story Auto Shop at 607 West 47th Street, Far West Side

6:00 am on April 28, 2015 By Reid Wilson

BNF Realty has filed applications for a six-story, 37,620 square-foot automobile manufacturing facility spanning 607-611 West 47th Street, on the Far West Side, past Eleventh Avenue. Bohler Engineering NY is the architect of record, and an existing two-story auto-repair shop must first be demolished.

31 west 57th street rizzoli bookstore 42015

Old Rizzoli Bookstore at 31 West 57th Street Completely Demolished

4:30 pm on April 27, 2015 By Rebecca Baird-Remba

The famed Rizzoli Bookstore at 31 West 57th Street has bitten the dust, to be replaced by a “seven-star” hotel developed by the LeFrak Organization and Vornado Realty. The 109-year-old shop between Fifth and Sixth Avenues shuttered a year ago, despite the efforts of preservationists who tried to get Landmarks protection for the interior.

125 West 16th Street Set For Renovation and Expansion

10:00 am on April 27, 2015 By Reid Wilson

Per The Real Deal, Raphael Toledano has acquired the six-story, 39-unit rental building at 125 West 16th Street, in southeastern Chelsea, for $41.5 million. The new owner plans to add two stories and 20 units to the top of the building, and the existing structure will also be renovated. Madison Realty Capital provided $34 million for the purchase and construction costs.

New Look: Roof Deck for a Century-Old Office Building at 300 Park Avenue South

7:30 am on April 24, 2015 By Rebecca Baird-Remba

The 1911 Beaux Arts office building at 300 Park Avenue South is getting a swanky new roof deck in time for next spring, according to reps from owner Rockrose Development. Murdock Solon Architects is designing…

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