Midtown

Rendering of 3 Times Square - FXCollaborative

The Rudin Family Secures $415M Refinancing Package to Renovate 3 Times Square Office Tower in Midtown Manhattan

7:00 am on July 3, 2022 By Sebastian Morris

The Rudin Family has closed on a $415 million refinancing deal to complete a multi million-dollar capital improvement program at 3 Times Square in Midtown, Manhattan. Often referred to as the Thomson Reuters Building, the scope of work includes the creation of a new three-story lobby, touchless entry and elevator systems, upgraded elevator cabs, and a new amenity deck on the 16th floor.

Work Continues on Mandarin Oriental Residences Fifth Avenue at 685 Fifth Avenue in Midtown, Manhattan

8:00 am on July 2, 2022 By Michael Young

Work is continuing to progress on the Mandarin Oriental Residences Fifth Avenue, a 29-story building at 685 Fifth Avenue in Midtown and the first east coast residential-only property from the prestigious hotel brand. Designed by Marin Architects and developed by SHVO in partnership with Deutsche Finance, the $135 million project involves the construction of a ten-floor addition above a former commercial structure and the conversion of 100,000 square feet of office space, creating a total of 69 fully furnished turnkey condominium residences managed by Mandarin Oriental Hotel Group and marketed by Douglas Elliman Development Marketing. The Rinaldi Group of New York is the general contractor for the property, which is located between East 53rd and East 54th Streets. The Fifth Avenue retail frontage is marketed by Brookfield Properties.

30 West 39th Street’s Exterior Progress Continues in Midtown, Manhattan

7:30 am on June 28, 2022 By Michael Young

Work is continuing on 30 West 39th Street, a 27-story hotel tower in Midtown, Manhattan. Designed by Peter Poon Architects and developed by Fortuna Realty, the 323-foot-tall structure will yield 330 guest rooms spread across 133,500 square feet. Leeding Builders Group is the general contractor for the property, which is located between Fifth and Sixth Avenues, just one block south of Bryant Park.

Demolition, Excavation Continue for Extell’s Potential Supertall at 570 Fifth Avenue in Midtown, Manhattan

8:00 am on June 27, 2022 By Michael Young

Demolition is progressing at 570 Fifth Avenue, the site of a potential supertall skyscraper in Midtown, Manhattan. Developed by Extell, the tower could reach an architectural height of 1,100 feet tall with 78 stories in a 1,462,174-square-foot mixed-use hotel and residential scheme. As an office tower, the building would stand 860 feet tall with 47 stories and 1,543,759 square feet. 46/47 Owner LLC is the owner and ALBA Services is the general contractor for the property, which is located at the corner of West 46th Street and Fifth Avenue.

2 Bryant Park’s Renovation Nears Completion in Midtown, Manhattan

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

Work is wrapping up on Two Bryant Park, a 15-story commercial building at 1100 Avenue of the Americas in Midtown, Manhattan. Designed by MdeAS Architects and developed by Brookfield Properties in [partnership with The Swig Company, the project involves the replacement of the dark mid-century façade with a modern glass curtain wall, renovation of the building’s 386,190 square feet of interiors, and a revamped public plaza. AECOM Tishman is the general contractor for the property, which is located on Sixth Avenue between West 42nd and 43rd Streets, directly across from Bryant Park.

Tiffany & Co. Flagship Expansion Nears Completion at 727 Fifth Avenue in Midtown, Manhattan

8:00 am on June 24, 2022 By Michael Young

Work is nearing completion on the expansion of the 11-story Tiffany & Co. flagship store at 727 Fifth Avenue in Midtown, Manhattan. Designed by OMA partners Shohei Shigematsu and Jake Forster with interiors by Peter Marino Architects, the project involves the construction of a glass-clad three-story addition above the parapet of the 72-year-old commercial building and the renovation of its interiors and Art Moderne façade. CallisonRTKL is the architect of record, WSP is the structural and MEP engineer for the project, Mace is the owners rep, and Structure Tone is the general contractor for the project, which is located at the corner of Fifth Avenue and 57th Street.

3ELEVEN’s Façade Wraps Up at 601 West 29th Street in Hudson Yards, Manhattan

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

Exterior work is wrapping up on 3ELEVEN, a 60-story residential skyscraper at 601 West 29th Street in Hudson Yards. Designed by FXCollaborative and developed by Douglaston Development, the 695-foot-tall structure is also known as Tower A in a two-building complex alongside 606 West 30th Street, and will yield 935 units, with 235 designated for affordable housing, as well as 15,000 square feet of retail space. Levine Builders is constructing the Midtown, Manhattan property, which is bound by Eleventh Avenue to the east, West 29th Street to the south, and West 30th Street to the north.

YIMBY Scopes the Views From Central Park Tower at 217 West 57th Street in Midtown, Manhattan

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

YIMBY took an exclusive tour of the top floors of Central Park Tower, a 131-story supertall at 217 West 57th Street in Midtown, Manhattan and holder of the titles of tallest residential building in the world and tallest structure in New York by roof height. Designed by Adrian Smith + Gordon Gill and developed by Extell, the 1,550-foot Billionaires’ Row skyscraper yields 179 condominiums designed by Rottet Studio and marketed by Corcoran Sunshine, as well as a 320,000-square-foot, seven-story Nordstrom retail podium bound by West 57th and West 58th Streets and Broadway and Seventh Avenue.

Rendering of 258-278 8th Avenue - Courtesy of JJ Operating

Foundations Underway at 258-278 Eighth Avenue in Chelsea, Manhattan

8:00 am on June 19, 2022 By Michael Young

Below-grade work is ramping up at 258-278 Eighth Avenue, site of a 14-story mixed-use project in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 173-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space on the lower floors. Leeding Builders Group is the general contractor and Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the Midtown, Manhattan project, which is located along Eighth Avenue between West 23rd and West 24th Streets.

Demolition Reaches Street Level Behind Preserved Façade of 16 East 16th Street In Union Square, Manhattan

7:30 am on June 19, 2022 By Michael Young

Demolition is wrapping up at 16 East 16th Street, where a historic six-story structure is being converted into a nine-story hotel in Union Square. Designed by BKSK Architects and developed by Trevor Stahelski under the Gramercy Park House LLC, the project involves the preservation of the façade of the 1891 building, which originally served as the Margaret Louisa Home, a boarding house for women, and later as a health club. MJM Associates Construction is the general contractor for the property, which is located between Union Square West and Fifth Avenue.

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Midtown

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