Midtown

125 West 57th Street. Rendering courtesy of FXCollaborative.

125 West 57th Street Completes Construction in Midtown, Manhattan

8:00 am on February 5, 2026 By Michael Young and Matt Pruznick

Work is complete on 125 West 57th Street, a 30-story mixed-use building on Billionaires’ Row in Midtown, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Cain International, the 420-foot-tall structure spans 260,000 square feet and yields 185,000 square feet of full-floor Class A office space. In addition to 7,000 square feet of retail space and a dedicated office amenity floor designed by Gensler, the development also includes a new six-story home for the Calvary Baptist Church, also designed by FXCollaborative. The nearly $350 million project is located between Sixth and Seventh Avenues.

246 West 18th Street. Designed by RyDE Design.

246 West 18th Street Rises in Chelsea, Manhattan

8:00 am on February 4, 2026 By Michael Young and Matt Pruznick

Construction is rising on 246 West 18th Street, an 11-story mixed-use building in Chelsea, Manhattan. Designed in a collaboration between RyDE and Mao Architects, developed by Verdevelopment, and built by Prime Builders, the 120-foot-tall structure will span 35,679 square feet and yield 21 condominium units with an average scope of 1,457 square feet. The project will also include 8,005 square feet of commercial space on the first and second floors, as well as ten enclosed parking spaces and a cellar level. The property is located mid-block between Seventh and Eighth Avenues.

550 West 21st Street. Photo by Michael Young.

550 West 21st Street Rises in West Chelsea, Manhattan

8:00 am on February 2, 2026 By Michael Young and Matt Pruznick

Construction is steadily rising on 550 West 21st Street, a 23-story residential building in West Chelsea, Manhattan. Designed by Thomas Juul Hansen and developed by Legion Investment Group and AVRS Partners LP, which took over from Casco Development, the 250-foot-tall structure will span up to 172,000 square feet and yield 83 condominium units. The nearly 0.5-acre property is located at the corner of West 21st Street and the Hudson River Greenway.

Developers Secure $525 Million Refinancing for One High Line in Chelsea, Manhattan

7:30 am on January 31, 2026 By Max Gillespie

Witkoff and Access Real Estate have secured a $525 million refinancing package for One High Line, a two-tower mixed-use development at 500 West 18th Street in Chelsea, Manhattan. Designed by Bjarke Ingels Group, the development contains 236 residential units as well as the recently opened Faena Hotel New York. The property straddles the High Line on a trapezoidal plot bounded by West 17th Street, West 18th Street, Tenth Avenue, and West Street.

Housing Lottery Launches for The Lotus at 255 East 39th Street in Murray Hill, Manhattan

7:00 am on January 28, 2026 By Vanessa Londono

The affordable housing lottery has launched for The Lotus, a 20-story residential building at 255 East 39th Street in Murray Hill, Manhattan. Designed by CetraRuddy and developed by Brause Realty in collaboration with Lonicera Partners and AECOM Tishman, the structure yields 157 residences. Available on NYC Housing Connect are 48 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $64,869 to $227,500.

345 East 17th Street. Photo by Michael Young.

345 East 17th Street Rises in Gramercy, Manhattan

8:00 am on January 27, 2026 By Michael Young and Matt Pruznick

Construction is rising on 345 East 17th Street, a 13-story residential building in Gramercy, Manhattan. Designed by StudiosC Architecture and developed by Minrav Development, 137-foot-tall structure will span 29,364 square feet and yield 65 rental units with an average scope of 451 square feet. The project will also include a rooftop terrace and a 30-foot-long rear yard. Moti Haber is listed as the owner of the property, which is located between First and Second Avenues.

38 Gramercy Park East. Photo by Michael Young.

Earthwork Underway At 38 Gramercy Park East in Gramercy Park, Manhattan

8:00 am on January 26, 2026 By Michael Young and Matt Pruznick

Excavation is underway at 38 Gramercy Park East, the site of a 20-story residential building in Gramercy, Manhattan. Designed by Roman & Williams and developed by Legion Investment Group, the structure will yield 57 condominium units. The project will become the largest building of its kind constructed in a century in the area surrounding the nearly 2-acre private park. SLCE Architects is the architect of record and Gindi Capital is the capital partner for the property, which alternately addressed as 146 East 21st Street and bounded by Gramercy Park East, East 21st Street, and Third Avenue.

313 East 17th Street. Rendering courtesy of REAL New Yorlk.

313 East 17th Street’s Residential Conversion Nears Completion in Gramercy, Manhattan

8:00 am on January 25, 2026 By Michael Young and Matt Pruznick

Construction is nearing completion on the residential conversion of 313 East 17th Street, a 13-story former hospital building in Gramercy, Manhattan. Designed by Kao-Hwa Lee Architects and developed and built by Borough Developers, the project involved the re-cladding of the structure’s 1966 façade and conversion of its interiors into 87 rental units, including 22 affordable apartments. The property is located between First and Second Avenues next to the NYU Langone Orthopedic Hospital.

440 West 57th Street. Developed by Yellowstone.

Rendering Reveals Hotel-to-Residential Conversion of 440 West 57th Street in Hell’s Kitchen, Manhattan

8:00 am on January 18, 2026 By Michael Young and Matt Pruznick

A new rendering has been revealed for the hotel-to-residential conversion of 440 West 57th Street, a two-building complex in Hell’s Kitchen, Manhattan. Designed by Isaac & Stern Architects and developed by Isaac Hera of Yellowstone, the project will involve a full re-cladding of the structures and will transform their 600 guest rooms into 316 condominium units. The development consists of a 17-story, 184-foot-tall tower along West 57th Street and an 11-story annex with frontage on West 56th Street, and originally opened in 1963 as a Holiday Inn. The property last operated as the Watson Hotel and is located between Ninth and Tenth Avenues.

Parc Beaufort. Rendering courtesy of The Feil Organization.

Renderings Reveal Parc Beaufort Residential Conversion at 140 West 57th Street in Midtown, Manhattan

8:00 am on January 13, 2026 By Michael Young and Matt Pruznick

Renderings have been revealed for Parc Beaufort, a 14-story office-to-residential conversion currently underway at 140 West 57th Street along Billionaires’ Row in Midtown, Manhattan. Designed by MdeAS Architects and developed by Feil Organization, the project will yield 47 condominium units with interiors by Stephen Sills Associates. The property is located between Sixth and Seventh Avenues.

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