Midtown East

Conceptual rendering of Freedom Plaza by Negativ

Soloviev Group Announces 513 Affordable Housing Units in Proposed Freedom Plaza Development

The Soloviev Group has announced the inclusion of 513 affordable housing units within the proposed Freedom Plaza in Manhattan, significantly contributing to the city’s inclusionary housing efforts. Located from 38th to 41st Streets east of First Avenue and covering over six acres in Midtown East, the ambitious mixed-use development was already slated to feature 4.77 acres of green space, a museum, shopping and restaurants, and a hotel. Now with the inclusion of the affordable units, it also stands to be one of Manhattan’s largest inclusionary housing initiatives in more than a decade.

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Steelwork Begins on Fourth Tier of JPMorgan Chase’s Supertall Headquarters at 270 Park Avenue in Midtown East, Manhattan

Construction and steelwork has begun on the fourth tier of JPMorgan Chase‘s 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners with Adamsom Associates as the architect of record and developed by Tishman Speyer, the 60-story skyscraper will yield 2.5 million square feet of office space with a capacity of 15,000 employees, and will become the tallest structure in New York completely powered by hydroelectric energy. AECOM Tishman is the general contractor for the full-block property, which is bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.

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Approved exterior conditions at the Waldorf Astoria - Courtesy of SOM

LPC Approves Alterations for The Waldorf Astoria Grand Ballroom in Midtown East, Manhattan

The Landmarks Preservation Commission has unanimously approved additional alterations to The Waldorf Astoria‘s grand ballroom, the latest phase of the historic hotel’s years-long residential conversion. Led by Skidmore, Owings & Merrill (SOM) for Dajia US, the building’s current owner, the project will help restore the ballroom to its heralded Art Deco conditions that have since been designated a New York City landmark.

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