Midtown

Demolition Nears Completion for PENN15 Supertall at 15 Penn Plaza in Midtown, Manhattan

8:00 am on June 26, 2023 By Michael Young and Matt Pruznick

Demolition is progressing toward street level on the Hotel Pennsylvania, which is being razed to make way for PENN15, a 1,200-foot commercial supertall at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the 56-story skyscraper will yield 2.7 million square feet of office space and will stand as the centerpiece of the massive 7.4-million-square-foot Penn District master plan. Northstar Contracting Group is the demolition contractor for the Hotel Pennsylvania, which is located along Seventh Avenue between West 32nd and 33rd Streets.

Daytime view of the Elliott-Chelsea Houses (circa 2013 - Daniel Case; Wikipedia)

NYCHA to Demolish and Rebuild Two Affordable Housing Complexes in Chelsea, Manhattan

7:00 am on June 26, 2023 By Sebastian Morris

NYCHA has announced a $1.5 billion plan to demolish and rebuild the Fulton and Elliott-Chelsea Houses in Chelsea. To complete the project, NYCHA has partnered with Essence Development and Related Companies, who will also work closely with residents and tenant associations to help ensure alignment among all community members.

The Elisa’s Stone Façade Takes Shape at 251 West 14th Street in Chelsea, Manhattan

8:00 am on June 25, 2023 By Michael Young

Exterior work is progressing on The Elisa, an 11-story residential building at 251 West 14th Street in Chelsea. Designed by Isay Weinfeld Architects, the structure will yield 25 condominium units in one- to three-bedroom layouts with sales and marketing by Bianca D’Alessio, Christian Haag, and Mia Calabrese of Nest Seekers and SERHANT, with prices ranging from $1.45 million to $5 million. There will also be a four-bedroom penthouse that has yet to hit the market. Pizzarotti is the general contractor for the property, which is located on an interior lot between Seventh and Eighth Avenues, near the intersection of the West Village and the Meatpacking District.

Silverstein Properties and Parx Casino Reveal The Avenir at 514 Eleventh Avenue in Midtown, Manhattan

8:00 am on June 24, 2023 By Michael Young and Matt Pruznick

A new set of renderings has been revealed for The Avenir, Silverstein Properties and Parx Casino’s bid for a 1.8-million-square-foot hotel, gaming, entertainment, and residential complex at 514 Eleventh Avenue in Midtown, Manhattan. Designed by Steelman Partners and CetraRuddy, the 46-story two-tower complex will yield 1,000 guests rooms, more than 100 affordable housing units reserved for New Yorkers, 12 full-service restaurants, an elevated 1,000-seat performance hall, and an eight-story, 600,000-square-foot podium. The project aims to create 4,000 union construction jobs, over 5,500 permanent union jobs, and billions of dollars in economic development for the state and city. The property, owned by Silverstein since 1984 and alternatively addressed as 520 West 41st Street, spans a full block between West 40th and West 41st Streets and Eleventh and Galvin Avenues, just north of the Jacob K. Javits Center. The plot has sat vacant for the last eight years, and the development team expects the project to be shovel ready upon approval.

278 Eighth Avenue’s Brick Façade Progresses in Chelsea, Manhattan

8:00 am on June 19, 2023 By Michael Young and Matt Pruznick

Exterior work is progressing on 278 Eighth Avenue, a 14-story mixed-use building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 175-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project, which is being constructed by Leeding Builders Group between West 23rd and West 24th Streets.

Demolition Prep Underway at 335 Eighth Avenue in Chelsea, Manhattan

8:00 am on June 18, 2023 By Michael Young

Demolition preparations are underway at 335 Eighth Avenue, the site of an upcoming seven-story residential building in Chelsea, Manhattan. Designed by COOKFOX and developed by MAG Partners, the 200,000-square-foot structure will yield 188 residential units with 30 percent dedicated to affordable housing for low- and middle-income residents under the Affordable NY Program, as well as a 23,000-square-foot Lidl grocery store on the ground floor. Titan Industrial SVC Corp is the demolition contractor and Urban Atelier Group is the general contractor for the property, which 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.

Housing Lottery Launches for Gemma Gramercy at 200 East 23rd Street in Gramercy, Manhattan

6:30 am on June 15, 2023 By Vanessa Londono

The affordable housing lottery has launched for Gemma Gramercy, a 20-story residential building at 200 East 23rd Street in Gramercy, Manhattan. Designed by Hill West Architects and developed by SMA Equities, the structure yields 108…

Evening rendering of Terminal Warehouse in West Chelsea - Credit COOKFOX

Terminal Warehouse Redevelopment Tops Out at 261 Eleventh Avenue in West Chelsea, Manhattan

7:00 am on June 8, 2023 By Sebastian Morris

Construction has fully topped out on Terminal Warehouse, a seven-story commercial addition above a historic building at 261 Eleventh Avenue in West Chelsea, Manhattan. Designed by COOKFOX Architects and developed in collaboration by L&L Holding Company and Columbia Property Trust, the building will comprise 1.3 million square feet of Class-A office and retail space.

Cladding Reaches Monogram New York’s Crown at 135 East 47th Street in Midtown East, Manhattan

8:00 am on June 1, 2023 By Michael Young and Matt Pruznick

Façade installation has reached the Art Deco-inspired crown of Monogram New York, a 35-story residential skyscraper at 135 East 47th Street in Midtown East. Designed by Ismael Leyva Architects and developed by Navigation Capital Group, the 500-foot-tall structure will yield 191 condominium units designed by Shanghai-based Neri & Hu in studio to two-bedroom penthouse layouts, as well as 5,000 square feet of ground-floor retail space. Anthology Group is the hospitality partner and Cauldwell Wingate is the general contractor for the tower, which is located between Lexington and Third Avenues. CORE is handling sales and marketing of the units with asking prices ranging from under $1 million to $5 million for the four-bedroom penthouses.

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.

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