Midtown

Empire State Building. Courtesy of Empire State Realty Trust

New Tenant Amenities at The Empire State Building to Debut in 2023

7:30 am on July 29, 2022 By Sebastian Morris

The Empire State Building has joined the race to attract new commercial tenants who demand an amenitized building for the next generation of workers. In an announcement from Empire State Realty Trust, current owners of the iconic property, the building’s amenity offering will be expanded to include a town hall meeting space for up to 400 people, a basketball court, a lounge, food and bar service, and an additional lounge with two golf simulators.

201-207 7th Avenue - Amie Gross Architects

Affordable Housing Project Breaks Ground at 201-207 7th Avenue in Chelsea, Manhattan

7:30 am on July 28, 2022 By Sebastian Morris

A new affordable housing development has broken ground at 201-207 7th Avenue in Chelsea, Manhattan. The nine-story, affordable cooperative building will replace four aging properties at the corner of 22nd street, which are only partially occupied by five residents.

Park House Reaches Full Completion at 500 West 22nd Street in West Chelsea, Manhattan

7:30 am on July 26, 2022 By Michael Young

Construction is complete on Park House, an eight-story residential building at 500 West 22nd Street in West Chelsea. Designed by Annabelle Selldorf of Selldorf Architects and developed by Brantwood Capital, the 33,662-square-foot structure yields ten residential units and 1,959 square feet of ground-floor retail space. Compass is handling sales and marketing for the one- to four-bedroom homes and two duplex penthouses, with pricing ranging from $2.65 million to $12 million. Foundations Group served as the general contractor for the property, which is alternately addressed as 197 Tenth Avenue and stands at the corner of Tenth Avenue and West 22nd Street, a short walk from the High Line. Belden Tristate Building Materials supplied the hand laid bricks for the project.

View of 45 East 53rd Street - Courtesy of Newmark

Joint Venture Secures $175M to Purchase and Renovate 45 East 53rd Street in Midtown, Manhattan

7:00 am on July 25, 2022 By Sebastian Morris

Newmark, a global real estate services company, has successfully arranged $175 million in capitalization to facilitate a major renovation of 45 East 53rd Street in Midtown, Manhattan. Located in the Plaza District, the building once operated as the New York headquarters for Santander Bank, but sold in April to ZG Capital and Rialto Capital Management.

417 Park Avenue Readies for Excavation in Midtown East, Manhattan

7:30 am on July 24, 2022 By Michael Young

Excavation is set to begin at 417 Park Avenue, site of a 220,000-square-foot office tower in Midtown East. The project is being developed by GDS Development (GDSNY) and Klövern AB, which acquired the property for $184 million and are also building on an adjacent plot to the south at 409 Park Avenue. The plot is located at the corner of Park Avenue and East 55th Street and will rise with a floor area ratio of 25 under the Midtown East Rezoning regulations.

RIU Hotel Opens to Guests at 145 West 47th Street in Times Square, Manhattan

8:00 am on July 23, 2022 By Michael Young

Construction is complete and occupancy has begun at the RIU Plaza Hotel, 48-story skyscraper at 145 West 47th Street in Times Square. Designed by Berg + Moss Architects and developed by Tribeach Holdings, the 519-foot-tall structure yields 353,000 square feet and 630 rooms. Transom Builders Group served the general contractor for the property, which is located between Sixth and Seventh Avenues, a short walk from the heart of Times Square at the intersection of Broadway and Seventh Avenue.

Lever House’s Podium Renovation Progresses at 390 Park Avenue in Midtown East, Manhattan

8:00 am on July 22, 2022 By Michael Young

Renovation work is moving along on the lower floors of Lever House, a landmarked International Style commercial tower at 390 Park Avenue in Midtown East. Designed by Skidmore, Owings & Merrill and developed by WatermanClark, Brookfield Properties, Higgins Quasebarth & Partners, Integrated Conservation Resources, and Integrated Conservation Contracting, the $100 million project involves an overhaul of the public plaza, renovations to the main lobby, improvements to the ventilation and sustainability systems, and the addition of new amenity spaces. Pavarini McGovern is the general contractor for the property, which is located along Park Avenue between East 53rd and East 54th Streets.

660 Fifth Avenue’s New Curtain Wall Reaches Roof Parapet in Midtown, Manhattan

8:00 am on July 21, 2022 By Michael Young

Re-cladding work is wrapping up on 660 Fifth Avenue, a 39-story commercial tower in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Brookfield Properties, the project involves extensive interior renovations of the 64-year-old building’s 1.25 million square feet of office space and the complete replacement of its mid-century curtain wall with a more transparent modern envelope. Turner Construction Company is the general contractor for the property, which is located along Fifth Avenue between West 52nd and 53rd Streets and was formerly addressed as 666 Fifth Avenue. The developer is aiming for LEED Gold certification.

Overall rendering of 3 Times Square - FXCollaborative

Renderings Revealed for Commercial Renovation at 3 Times Square in Manhattan

7:30 am on July 21, 2022 By Sebastian Morris

Renderings reveal a top-down renovation project at 3 Times Square, a 30-story office tower in Midtown, Manhattan. Led by The Rudin Family, one of New York City’s largest property owners, the scope of work involves a re-cladding of the lower glass curtain wall, upgrades to the lobby building mechanicals, and newly outfitted amenity spaces.

550 Madison Avenue’s Landscaped Public Plaza Nears Completion in Midtown East, Manhattan

8:00 am on July 20, 2022 By Michael Young

Work is nearing completion on the new public plaza adjacent to 550 Madison Avenue, a landmarked 37-story commercial skyscraper in Midtown East. Developed by The Olayan Group and RXR Realty, the 684-foot-tall postmodern building is undergoing a 21,000-square-foot indoor-outdoor renovation, which includes a triple-height steel-framed glass canopy designed by Snøhetta and a revamped lobby designed by Gensler. AECOM Tishman is serving as the general contractor for the project, which is located between East 55th and 56th Streets and is aiming for LEED Platinum and WELL Gold certifications.

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