Demolition permits have been filed for four adjacent parcels comprising three four-story buildings and one five-story structure at 733-739 Second Avenue in Midtown East, Manhattan. The 7,443-square-foot lot is owned by Brause Realty under the New Second Avenue Owner LLC.
Construction continues to rise on 270 Park Avenue, JPMorgan Chase‘s 70-story supertall headquarters in Midtown East. Designed by Norman Foster of Foster + Partners and developed by Tishman Speyer, the 1,388-foot-tall skyscraper will yield 2.5 million square feet of office space and set the record for the tallest building in New York to be powered by hydroelectric energy. Banker Steel is in charge of steel fabrication and NYC Constructors is the general contractor for the property, which spans a full 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.It is expected to have a capacity to hold 15,000 employees.
Permits have been filed for a 49-story commercial skyscraper at 343 Madison Avenue in Midtown East, Manhattan. Located between East 44th and 45th Streets, the 25,000-square-foot rectangular site is one block from the Grand Central-42nd Street subway station, serviced by the 4, 5, 6, 7, and S trains and MetroNorth rails. Boston Properties is listed as the owner behind the applications.
Permits have been filed to expand a two-story parking garage into a 13-story mixed-use building at 142 West 21st Street in Chelsea, Manhattan. Located between Sixth and Seventh Avenues, the lot is two blocks south of the 23st Street subway station, serviced by the 1 train. Yiannes Einhorn of Grid Group is listed as the owner behind the applications, after purchasing the property from Jadlamm Realty Corp. for $31 million last year.
Renovation work is progressing on PENN 2, a 31-story commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves the full re-cladding and interior modernization of the 412-foot-tall, 1.61-million-square-foot mid-century office building, and is part of the ten-skyscraper Penn District revitalization plan. Turner Construction Company is the general contractor for the property, which is located along Seventh Avenue between West 31st and 33rd Streets, directly adjacent to Penn Station and Madison Square Garden.
