Midtown

509 Madison Avenue. Developed by Kensico Properties.

Rendering Revealed for Office-To-Hotel Conversion At 509 Madison Avenue in Midtown, Manhattan

A rendering has been revealed for The Lowell Modern, a proposed office-to-hotel conversion and expansion of 509 Madison Avenue, a 21-story commercial building in Midtown, Manhattan. Developed by Kensico Properties, the project involves the addition of nine floors to the 249-foot-tall structure and the replacement of its Art Deco façade with a modern glass curtain wall. The conversion would span 139,000 square feet and yield 96 guest rooms, 3,300 square feet of ground-floor retail, and a collection of guest amenities. The property is located at the southeast corner of Madison Avenue and East 53rd Street.

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343 Madison Avenue. Rendering courtesy of Volley STudio.

343 Madison Avenue Secures Long-term Tenant In Midtown, Manhattan

Starr Insurance Companies has signed a 20-year lease to occupy approximately 275,000 square feet at 343 Madison Avenue, a 46-story commercial skyscraper under construction in Midtown East, Manhattan. Designed by Kohn Pedersen Fox and developed by BXP, the 844-foot-tall structure will yield 930,000 square feet of office space. Starr will relocate its headquarters to floors 16 through 27 in the tower. The property is located between East 44th and 45th Streets.

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5 Times Square. Photo by Michael Young.

5 Times Square Begins 1,250-Unit Office-to-Residential Conversion in Midtown, Manhattan

Work is underway on the office-to-residential conversion of 5 Times Square, a 38-story skyscraper in Midtown, Manhattan. Designed by Gensler and developed by RXR Realty, Apollo Global Management, and SL Green, the project will transform the 575-foot-tall structure’s 917,745 square feet of vacant office space into 1,250 rental units. Of this total, 313 will be permanently affordable for residents earning up to 80 percent of area median income (AMI). The property is located along Seventh Avenue between West 41st and 42nd Streets.

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1585 Broadway. Photo by Michael Young.

Morgan Stanley Headquarters Continues Renovations at 1585 Broadway in Times Square, Manhattan

Renovations are progressing on 1585 Broadway, a 42-story office skyscraper in Times Square, Manhattan. Designed by Gensler, the project involves the re-cladding of the 685-foot-tall structure’s podium and refurbishments to the tower’s 1.3 million square feet of office space. The building was completed in 1990 and serves as Morgan Stanley’s global headquarters. The property is located between West 47th and 48th Streets.

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One Times Square Completes Renovations in Times Square, Manhattan

Last night, Times Square rang in the New Year with the dropping of a new ball above One Times Square, a 26-story commercial tower that recently completed its $500 million renovation at 1475 Broadway. Designed by S9 Architecture and developed by Jamestown, the project involved a full gut renovation and re-cladding of the 395-foot-tall steel-framed structure, the addition of new LED displays, and the construction of an outdoor public observation deck. SLCE Architects was the architect of record for the property, which is located on a trapezoidal plot bounded by West 43rd Street to the north, West 42nd Street to the south, Broadway to the east, and Seventh Avenue to the west.

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