Midtown

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.

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.

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