Midtown

Public Review Begins For Midtown South Mixed-Use Plan In Manhattan

7:30 am on January 22, 2025 By Max Gillespie

The public review process has begun for the Midtown South Mixed-Use plan, a proposed redevelopment of the area spanning 42 blocks between West 23rd and West 40th Streets, and Fifth to Eighth Avenues in Manhattan. The proposal, directed by the NYC Department of City Planning (DCP), intends to introduce roughly 9,700 new residential units, with up to 2,900 designated as income-restricted affordable housing. It is part of Mayor Eric Adams’ broader “Manhattan Plan,” which aims to overhaul outdated zoning laws in the area.

Rendering Revealed For 20-Story Residential Tower At 304 West 49th Street in Hell’s Kitchen, Manhattan

8:00 am on January 19, 2025 By Michael Young and Matt Pruznick

A new rendering has been revealed for 304 West 49th Street, a proposed 20-story residential building in Hell’s Kitchen, Manhattan. Designed by DR Architecture & Design for 304 West 49th Garage LLC, the 209-foot-tall structure will span 59,000 square feet and yield a total of 69 rental units and ground-floor retail space. Seventeen of the apartments will designated as permanently affordable under the city’s Mandatory Inclusionary Housing (MIH) program. The property is located between Eighth and Ninth Avenues.

Rendering of 250 West 49th Street by S Wieder Architect, via Shea Communications

Construction Loan Issued For 250 West 49th Street In Midtown, Manhattan

7:30 am on January 16, 2025 By Max Gillespie

A $79 million construction loan was recently issued for 250 West 49th Street, a 28-story residential building currently under construction in Midtown, Manhattan. Designed by C3D Architecture and developed by Chess Builders, the tower will yield 138 units and 2,500 square feet of ground-floor retail space. The loan was facilitated by S3 Capital.

New 20-Year Lease Signed for 7 Times Square In Midtown, Manhattan

7:00 am on January 14, 2025 By Max Gillespie and Matt Pruznick

Apparel holding company KnitWell Group has signed a 20-year lease extension for 246,000 square feet at 7 Times Square, a 47-story office skyscraper in Times Square, Manhattan. The lease will expand the company’s existing 191,000-square-foot presence in the building by two additional full floors. Designed by SOM and developed by Boston Properties, the 724-foot-tall structure spans 1.25 million square feet and is located at West 42nd Street between Broadway and Seventh Avenue.

Brick Façade Reaches Pinnacle of 300 East 50th Street in Midtown East, Manhattan

8:00 am on January 12, 2025 By Michael Young

Façade installation has reached the top of 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 southeast corner of Second Avenue and East 50th Street.

Rendering of 335 Eighth Avenue - Courtesy of MAG Partners, COOKFOX Architects

335 Eighth Avenue’s Brick Façade Nears Completion in Chelsea, Manhattan

8:00 am on January 10, 2025 By Michael Young and Matt Pruznick

Exterior work is nearing completion on 335 Eighth Avenue, a seven-story residential building in Chelsea, Manhattan. Designed by COOKFOX Architects and developed by MAG Partners and Mutual Redevelopment Houses, Inc., the 200,000-square-foot structure will yield 188 rental units in studio to two-bedroom layouts, as well as a 23,000-square-foot Lidl supermarket and additional ground-floor retail space. Thirty percent of the homes will be reserved for affordable housing. The property is located at the corner of Eighth Avenue and West 26th Street within the Penn South affordable housing cooperative, officially known as Mutual Redevelopment Houses.

Permits Filed for 323 East 58th Street in Midtown East, Manhattan

6:30 am on January 6, 2025 By Vanessa Londono

Permits have been filed to expand a four-story structure into a five-story mixed-use building at 323 East 58th Street in Midtown East, Manhattan. Located between First and Second Avenues, the lot is near the Lexington Avenue-59th Street subway station, served by the N, R, and W trains. Andrew Impagliazzo under the 619W46 LLC is listed as the owner behind the applications.

Demolition Finishes at 430 West 37th Street in Hell’s Kitchen, Manhattan

8:00 am on January 3, 2025 By Michael Young and Matt Pruznick

Demolition is complete at 430 West 37th Street, the site of a forthcoming 11-story residential building in Hell’s Kitchen, Manhattan. Designed by Archimaera Architecture and developed by ZD Jasper, the 120-foot-tall structure will span 128,331 square feet and yield 128 rental units with an average scope of 924 square feet, as well as 9,584 square feet of commercial space, 455 square feet of community space, and two cellar levels. The property is located on a through-block lot between Ninth and Tenth Avenues, directly west of the exit lanes from the Lincoln Tunnel to Dyer Avenue.

Exterior Work Continues on JPMorgan Chase’s Supertall Headquarters at 270 Park Avenue in Midtown East, Manhattan

8:00 am on December 31, 2024 By Michael Young and Matt Pruznick

For the third consecutive year, the tallest building on our annual construction countdown is 270 Park Avenue, JPMorgan Chase’s 1,389-foot supertall headquarters in Midtown East, Manhattan. Designed by Norman Foster of Foster + Partners with Adamson Associates as the architect of record and developed by Tishman Speyer, the 60-story skyscraper will yield 2.5 million square feet of office space with a capacity of 15,000 employees, and will become the tallest structure in New York completely powered by hydroelectric energy. The property occupies a full city block bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.

Demolition Prep Underway for 1,220-Foot Supertall at 625 Madison Avenue in Midtown East, Manhattan

8:00 am on December 30, 2024 By Michael Young and Matt Pruznick

At number two on our year-end countdown of the tallest construction projects in New York is 625 Madison Avenue, a planned 1,220-foot residential supertall skyscraper in Midtown East, Manhattan. Designed by SLCE Architects and developed by Related Companies under the 625 Mad Realty LLC, the 68-story structure is slated to yield 101 condominium units with an average scope of 4,918 square feet, as well as retail space on the first two levels, a fourth-floor restaurant and private dining area, and a suite of amenities. The multi-billion-dollar project will rise along Madison Avenue between East 58th and 59th Streets. Ancora Engineering + Architecture is in charge of the demolition process.

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Midtown

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