Pier 57, a former New York City Transit Authority bus depot on the South Chelsea waterfront, has won New York State’s Historic Preservation Award recognizing significant efforts to transform the site into a vibrant public destination. The redevelopment project was completed in collaboration by RXR, Young Woo & Associates, and The Baupost Group.
Construction is complete on 101 West 14th Street, a 13-story residential building in Chelsea, Manhattan. Designed by ODA Architecture and developed by Gemini Rosemont, the structure yields 44 condominium units designed by Whitehall Interiors in one- to four-bedroom layouts, as well as 5,830 square feet of ground-floor retail space for two tenants. Compass Development Group and The Franklin Team are leading the marketing for the property, which is alternately addressed as 531 Sixth Avenue and located at the northwest corner of West 14th Street and Sixth Avenue, just above the border with Greenwich Village.
Exterior renovation work is complete on 660 Fifth Avenue, a 39-story commercial tower in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Brookfield Properties, which purchased the building from Kushner Companies for $1.3 billion in 2018, the $400 million project involves the modernization of the structure’s 1.25 million square feet of office space and full replacement of its mid-century façade with a new glass curtain wall. The overhaul is also expected to achieve LEED Gold certification and a WELL Health Safety rating. Turner Construction Company is the general contractor and Cushman & Wakefield is the exclusive leasing agent for the building, which is located between West 52nd and 53rd Streets and was formerly addressed as 666 Fifth Avenue.
Construction on TSX Broadway, a 47-story hotel tower at 1568 Broadway in Times Square, has reached a milestone as crews have turned on TSX Entertainment’s 18,000-square foot podium LED display. Designed by Perkins Eastman and Mancini Duffy and developed by L&L Holding Company and Fortress Investment Group, the 550,000-square-foot structure will yield 661 hotel rooms operated by Tempo of Hilton as well as 100,000 square feet of retail space on the lower levels and Times Square’s only cantilevering outdoor performance stage. Positioned above the new retail space is the historic Palace Theater, which was renovated by PBDW Architects and lifted 30 feet above street level in early 2022. The property is located at the corner of Seventh Avenue and West 47th Street.
Work continues on the renovation of PENN2, a 31-story mid-century commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves a full-scale overhaul of the 412-foot-tall structure’s 1.61 million square feet of office space, replacement of its façade with a modern glass curtain wall, and the construction of a multi-story cantilevering volume along Seventh Avenue. GMSLLP is the façade consultant and Turner Construction Company and Skanska are the contractors for the property, which is located between West 31st and West 33rd Streets and a central part of the Penn District revitalization that will transform the area surrounding Penn Station and Madison Square Garden.
