Midtown

Rendering of One Madison Avenue Expansion. Designed by Kohn Pedersen Fox

One Madison Avenue’s Concrete Core Begins Ascent in Flatiron District, Manhattan

8:00 am on June 11, 2022 By Michael Young

Construction is set to begin on the new floors at One Madison Avenue, a 27-story office tower expansion in Manhattan’s Flatiron District. Designed by Kohn Pedersen Fox for SL Green, the project involves the gut renovation of the existing eight-story building and structural addition above its roof level, bringing the structure up to 1.4 million square feet of Class A office space. The National Pension Service of Korea and Hines are also part of the development team and acquired $1.25 billion in construction financing for the property, which occupies a full block bound by East 23rd and 24th Streets and Madison Avenue and Park Avenue South.

606 West 30th Street Passes Halfway Mark in Hudson Yards, Manhattan

8:00 am on June 10, 2022 By Michael Young

Construction has passed the halfway mark on 606 West 30th Street, a 42-story residential skyscraper in Hudson Yards. Designed by Ismael Leyva Architects and developed by Lalezarian Properties, the 545-foot-tall structure will yield 312,350 square feet, with 192,780 square feet of residential space and 14,240 square feet of commercial space. Hudson 37 LLC is the general contractor for the property, which is also known as Tower B in a two-skyscraper development alongside FXCollaborative and Douglaston Development‘s topped-out 601 West 29th Street. 606 West 30th Street is located between Eleventh Avenue and West Street, near the border with West Chelsea.

YIMBY Scopes Views From Flatiron House at 39 West 23rd Street in Flatiron District, Manhattan

7:30 am on June 9, 2022 By Michael Young

YIMBY went on a tour of Flatiron House, a two-tower residential development at 39 West 23rd Street in the Flatiron District. Designed by COOKFOX Architects for NYC-based real estate development firm Anbau Enterprises, the structure will yield 44 condominium units with sales and marketing led by Corcoran Sunshine Marketing Group. The taller portion of Flatiron House is called the Tower and features 37 one- to four-bedroom homes with an entrance on West 23rd Street, while the shorter annex is dubbed the Loft and comes with seven one- to five-bedroom residences and its own entrance to the north on 24th Street. Ryder Construction is the general contractor for the property, which is located between Fifth and Sixth Avenues.

RAMSA’s The Cortland Nears Completion at 555 West 22nd Street in West Chelsea, Manhattan

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

Work is wrapping up on The Cortland, a 25-story residential tower at 555 West 22nd Street in West Chelsea. Designed by Robert A.M. Stern Architects and developed by Related Companies, the 300-foot-tall structure will yield 144 condominium units in two- to five-bedroom layouts with interiors by Olson Kundig, as well as a series of penthouses. Related Sales and CORE Group are the exclusive co-sales and marketing agents for the property, which is located at the confluence of Eleventh Avenue and West Street, between West 22nd and West 23rd Streets.

Demolition Ramps Up for PENN15 Supertall at 15 Penn Plaza in Midtown, Manhattan

8:00 am on June 7, 2022 By Michael Young

Demolition work is ramping up for PENN 15, a 56-story, 1,200-foot commercial supertall at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the 2.7 million-square-foot tower will replace the aging Hotel Pennsylvania and stand as the tallest component in the 7.4 million-square-foot Penn District master plan. 401 Hotel Reit is the owner and Northstar Contracting Group is the demolition contractor for the property, which is bound by Seventh Avenue to the west, West 32nd Street to the south, and West 33rd Street to the north.

Foundations Near Completion at 312 West 43rd Street in Midtown, Manhattan

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

Foundation work is almost complete at 312 West 43rd Street, the site of a two-building residential development in Midtown, Manhattan. Designed by Handel Architects and developed by Taconic Partners under the 311 West 42nd Street Associates LLC, the 373,133-square-foot project comprises a 33-story tower and seven-story extension with a shared podium. The complex will yield 321 apartments averaging 839 square feet apiece as well as 25,202 square feet of retail space on the lower floors. Triton Construction is serving as the general contractor for the property, which is located between West 42nd and 43rd Streets and Eighth and Ninth Avenues, directly north of the Port Authority Bus Terminal.

231 East 51st Street Nears Completion in Turtle Bay, Manhattan

7:30 am on June 6, 2022 By Michael Young

Exterior work is nearing completion on 231 East 51st Street, a five-story commercial office building in the Midtown East neighborhood of Turtle Bay. The 3,682-square-foot lot was once home to a prewar five-story structure that served as the Consulate of the Republic of Singapore. The property was sold to Texas-based travel firm Frosch in December 2017 for $22.05 million. Clune Construction is the general contractor for the project, which is located between Second and Third Avenues.

Governor Hochul at the press conference for the Grand Central Madison transportation hub and connection.jpg

Governor Hochul Renews Commitment to Complete ‘Grand Central Madison’ Connection to Long Island Railroad in Midtown, Manhattan

7:00 am on June 6, 2022 By Sebastian Morris

After two-and-a-half decades, the MTA’s East Side Access Project to connect the Long Island Railroad (LIRR) and Grand Central Terminals will finally come to fruition. The 700,000-square-foot station and crosstown connection will debut as Grand Central Madison.

The Edison Gramercy’s Façade Takes Shape at 250 East 21st Street in Gramercy, Manhattan

8:00 am on June 5, 2022 By Michael Young

Exterior work is progressing on The Edison Gramercy, a 13-story residential building at 250 East 21st Street in Gramercy, Manhattan. Designed by Isaac & Stern Architects and developed by Urban Development Partners and SD Second Avenue Property, the structure will yield 54 boutique homes that range from one to four-bedroom layouts and start at approximately $1,200,000 to over $6 million. Interiors are being designed by Paris Forino and sales and marketing are led by Douglas Elliman Development Marketing‘s Eklund Gomes Team. Ross Associates is the general contractor for the property, which is located at the corner of East 21st Street and Second Avenue.

249 East 50th Street Completes Construction in Turtle Bay, Manhattan

7:30 am on June 5, 2022 By Michael Young

Exterior work is complete on 249 East 50th Street, a 15-story residential building in the Midtown East neighborhood of Turtle Bay. Designed by Issac & Stern Architects and developed by Tun Kyaw, the 151-foot-tall structure yields 50,000 square feet and 29 condominium units with an average scope of 1,700 square feet. The property is located near the corner of East 50th Street and Second Avenue.

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