Midtown

Façade Installation Begins on 550 Tenth Avenue in Hell’s Kitchen, Manhattan

8:00 am on May 27, 2023 By Michael Young and Matt Pruznick

Work is unfolding rapidly on 550 Tenth Avenue, a 47-story residential skyscraper in Hell’s Kitchen, Manhattan. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 520-foot-tall structure will yield 430,000 square feet and 453 rental units, with 137 reserved for affordable housing, as well as 9,000 square feet of lower-level retail space, over 20,000 square feet of amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the property, which is located along Tenth Avenue between West 40th and 41st Streets.

Façade Installation Nears Completion on FIT’s New Academic Building at 220 West 28th Street in Chelsea, Manhattan

7:30 am on May 22, 2023 By Michael Young and Matt Pruznick

Façade installation is nearing completion on Fashion Institute of Technology‘s ten-story New Academic Building at 220 West 28th Street in Chelsea, Manhattan. Designed by SHoP Architects, the 110,000-square-foot structure is engineered to LEED Gold standards and will yield classrooms, administrative offices, review and exhibition spaces, and a student quad illuminated by skylights. Forte Construction Corp. is the general contractor for the property, which sits on a shallow plot between Seventh and Eighth Avenues on the northernmost edge of the FIT campus.

Street view of 358 West 58th Street - Courtesy of the Hudson Hotel

Hudson Hotel Secures $100M Loan to Complete Residential Conversion in Hell’s Kitchen, Manhattan

7:30 am on May 19, 2023 By Sebastian Morris

A residential conversion of the Hudson Hotel will move forward following the acquisition of a $100 million financial package from Northwind Group. Located at 358 West 58th Street in Hell’s Kitchen, Manhattan, the existing 878-key hotel will be redeveloped to support 441 rental apartments and more than 50,000 square feet of retail space. CSC Coliving, repeat Northwind Group borrowers, will oversee the conversion of the property, which is situated between Eighth and Ninth Avenues, just southwest of Columbus Circle and Central Park.

Curtain Wall Installation Resumes on 450 Eleventh Avenue in Hudson Yards, Manhattan

8:00 am on May 17, 2023 By Michael Young and Matt Pruznick

Exterior work is continuing on 450 Eleventh Avenue, a 51-story hotel skyscraper in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the 642-foot-tall structure will yield 379 guest rooms, a business center, a ballroom, and a fourth-floor restaurant with a bar and outdoor terrace. Atria Builders is the general contractor for the project, which is located at the corner of West 37th Street and Eleventh Avenue, directly across from the Jacob K. Javits Center.

36 West 38th Street Rises Above Street Level in Midtown, Manhattan

7:30 am on May 14, 2023 By Michael Young and Matt Pruznick

Construction has reached street level on 36 West 38th Street, a 20-story hotel in Midtown, Manhattan. Designed by Gene Kaufman and developed by Onboard Hospitality LLC, which purchased the property for $19 million in a bankruptcy auction from Gemini Real Estate in 2017, the structure will stand 205 feet tall and yield an undisclosed number of hotel rooms. Omnibuild Construction is the general contractor for the project, which is located between Fifth and Sixth Avenues, just south of Bryant Park.

Grocer Lidl Signs Lease for Penn South at 335 Eighth Avenue in Chelsea, Manhattan

6:30 am on May 14, 2023 By Vanessa Londono

MAG Partners and Lidl US have announced a 23,000-square-foot lease for a ground-floor grocery store at 335 Eighth Avenue in Chelsea, Manhattan. The 200,000-square-foot, seven-story mixed-income apartment building is being developed within the Penn South campus, an affordable housing cooperative designed by COOKFOX.

Housing Lottery Launches for The Tate at 535 West 23rd Street in Chelsea, Manhattan

7:00 am on May 11, 2023 By Vanessa Londono

The affordable housing lottery has launched for The Tate, a 14-story residential building built in 2002 at 535 West 23rd Street in Chelsea, Manhattan. Designed by Rockwell Group and developed by Related Companies, the structure yields 430 residences. Available on NYC Housing Connect are 16 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $101,486 to $187,330.

KPF’s 520 Fifth Avenue Supertall Continues its Ascent in Midtown, Manhattan

8:00 am on May 10, 2023 By Michael Young and Matt Pruznick

Construction is rising on 520 Fifth Avenue, an 88-story residential supertall in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 1,002-foot-tall skyscraper will yield 507,608 square feet with 100 residential units, as well as commercial space on the lower floors and four cellar levels. WSP is the structural engineer, DeSimone Consulting Engineers is the façade consultant, and Suffolk Construction is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

Rendering of 12 West 57th Street by Skidmore, Owings & Merrill

Final Demolition Underway For SOM’s 12 West 57th Street in Midtown, Manhattan

8:00 am on May 9, 2023 By Michael Young and Matt Pruznick

Demolition is underway on the final two buildings at 12 West 57th Street, the site of a 672-foot-tall residential skyscraper in Midtown, Manhattan. Designed by Skidmore, Owings & Merrill and developed by Solow Management Corp., the tower will rise along Billionaires’ Row between Fifth and Sixth Avenues and West 56th and 57th Streets.

217 West 20th Street Nears Completion in Chelsea, Manhattan

7:30 am on May 8, 2023 By Michael Young and Matt Pruznick

Construction is nearing completion on 217 West 20th Street, a six-story private residence in Chelsea, Manhattan. Designed by TEN Arquitectos in collaboration with Elsa Ponce Architectural Design and developed by Bermuda Overseas Mission under the 217 West 20th Street LLC, the structure will yield 11,000 square feet with a ground-floor garage. Wesbuilt Construction Mangers is the general contractor for the property, which is located between Seventh and Eighth Avenues.

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