Midtown

509 Third Avenue Nears Topping Out in Murray Hill, Manhattan

8:00 am on May 29, 2022 By Michael Young

Construction is nearing topping out on 509 Third Avenue, a 35-story residential tower in Murray Hill. Designed by Ismael Leyva Architects and developed by Lalezarian Properties under the Third and Thirty Four LLC, and Kahen Properties. The 386-foot-tall structure will yield 166,917 square feet with 229 residential units, most likely rentals with an average scope of 692 square feet each, as well as 8,253 square feet of commercial space and a 30-foot-long yard. The property is located at the corner of Third Avenue and East 34th Street.

New Dining Tenants Announced for MetLife Building at 200 Park Avenue in Midtown East, Manhattan

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

This week Tishman Speyer and Irvine Company revealed the next phase of renovations and capital improvements at the historic MetLife Building, with new food and beverage options set to debut in 2023. Located at 200 Park Avenue in Midtown East, Manhattan, the building’s new dining options will include the iconic Capital Grille, organic and fair-trade café Jack’s Stir Brew Coffee, Black Seed Bagels, as well as a pop-up run by Talea Beer Co., a woman-owned brewery based in Brooklyn.

611 West 56th Street Wraps Up Construction in Hell’s Kitchen, Manhattan

7:30 am on May 27, 2022 By Michael Young

Exterior work is complete on 611 West 56th Street, a 35-story residential tower in Hell’s Kitchen. Designed by Portuguese architect Alvaro Siza with SLCE as the architect of record and developed by Sumaida + Khurana and LENY, the 450-foot-tall structure will yield 77 units with interiors designed by Gabellini Sheppard Associates. Homes come in one- to four-bedroom layouts, as well as duplex “maisonettes,” full-floor homes, and a grand penthouse. Corcoran Sunshine Marketing Group is handling sales and marketing for the property, which is alternately addressed as 823 Eleventh Avenue and is located at the corner of West 56th Street and Eleventh Avenue.

202 East 23rd Street Tops Out in Kips Bay, Manhattan

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

Construction has topped out on 202 East 23rd Street, a 20-story residential building in Kips Bay, Manhattan. Designed by Hill West Architects and developed by SMA Equities, the 90,000-square-foot structure is being built to Passive House standards and will yield 108 units in studio to two-bedroom layouts, with 28 of the apartments designated for affordable housing. KSK Construction Group is the general contractor for the project, which is located at the corner of East 23rd Street and Third Avenue.

FÖRENA’s Façade Nears Completion at 540 Sixth Avenue in Chelsea, Manhattan

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

Exterior work is wrapping up on FÖRENA, a 12-story residential building at 540 Sixth Avenue in Chelsea. Designed by Morris Adjmi Architects and developed by Landsea Homes and DNA Development, the 80,000-square-foot structure will yield 50 units in one- to three-bedroom layouts marketed by Fredrik Eklund and John Gomes of The Eklund Gomes Team and The Tuinstra Davis Team at Douglas Elliman, with pricing starting at $1.575 million. Ryder Construction is the general contractor for the property, which is located at the corner of West 14th Street and Sixth Avenue.

PENN 2’s Cantilevering Expansion Takes Shape at Two Penn Plaza in Midtown, Manhattan

8:00 am on May 18, 2022 By Michael Young

Renovation work and construction continue on PENN 2, a 31-story commercial tower at Two Penn Plaza in Midtown. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves the interior overhaul and re-cladding of the 412-foot-tall, 1.61 million-square-foot structure, as well as the construction of a multi-story cantilevering addition. PENN 2 is one component in the Penn District revitalization scheme that calls for the erection and redevelopment of several buildings surrounding Penn Station and Madison Square Garden. Turner Construction Company is the general contractor for the property, which is located along Seventh Avenue between West 31st and 33rd Streets.

Tenant lounge at 780 Third Avenue - Rendering courtesy of A+I

New Amenity Spaces Revealed for 780 Third Avenue in Midtown East, Manhattan

7:30 am on May 18, 2022 By Sebastian Morris

New renderings from Architecture Plus Information reveal lush amenity spaces and exterior enhancements at 780 Third Avenue, a 50-story office tower in Midtown East, Manhattan. Nuveen Real Estate, the current owner of the building, has invested roughly $40 million to create what it calls a “green oasis” for new and existing tenants.

470 Park Avenue South - Courtesy of SJP Properties

SJP Properties Reveals New Tenants at 470 Park Avenue South Following Large-Scale Renovation Project

7:00 am on May 17, 2022 By Sebastian Morris

Anchorage Digital and Life Science REIT are the first new tenants to join 470 Park Avenue South following a $15 million renovation of the Midtown commercial building. SJP Properties and PGIM Real Estate, the building’s current owners, retained Gensler and MKDA to complete the modernization project, which was unveiled in February.

Daytime rendering of The Spiral - Courtesy of Tishman Speyer

NewYork-Presbyterian Inks Lease at 66 Hudson Boulevard in Hudson Yards, Manhattan

7:00 am on May 15, 2022 By Sebastian Morris

NewYork-Presbyterian is the latest tenant to ink a lease at the Spiral at 66 Hudson Boulevard in Hudson Yards. The hospital group’s Och Spine outpatient facility will occupy a 75,000-square-foot suite on the supertall’s second floor.

131-141 East 47th Street Tops Out Over Midtown East, Manhattan

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

Construction has topped out on 131-141 East 47th Street, a 34-story residential skyscraper in Midtown East. Designed by Ismael Leyva Architects and developed by Lex 47th Property Owner LLC, the 500-foot-tall structure will yield 191 condominium units in studio to two-bedroom units, as well as 5,000 square feet of ground-floor retail space. Hopson Development Holdings is developing the site, which was purchased from the original developers, New Empire Real Estate. Silverback Development was brought onto the project in 2020 but is now no longer part of the building. Structure Tech New York and Cauldwell Wingate are in charge of building the project, which is located between Lexington and Third Avenues.

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