295 Fifth Avenue in Midtown South will soon receive a $350 million redevelopment at the hands of Tribeca Investment Group, PGIM Real Estate, and Meadow Partners. The full-block, 16-story “Textile Building” will have 700,000 square feet of updated office space. Studio Architecture is responsible for the design and CBRE is handling marketing.
SL Green recently celebrated the commencement of construction at One Madison Avenue, a new 1.4-million-square-foot office building in the Flatiron District. The project entails the expansion and redevelopment of an existing 13-story structure into a 27-story Class A office building.
The Pestana NY East Hotel at 23 East 39th Street celebrated its grand opening earlier this week. Designed by Gene Kaufman Architect, the building stands 27 stories above Midtown, Manhattan. The 40,000 square foot structure contains 96 guest rooms, a fitness center, a bar, and an outdoor patio. Select guest suites offer balconies with clear views of the Empire State Building. At the ground floor, the lobby of includes a fireplace and a small lounge for breakfast and casual dining.
Following nearly a dozen years of urban planning and construction costs in excess of $15 billion, the Hudson Yards mega development’s first phase is rounding the corner toward completion as its commercial, retail, and residential properties hit the market. Related Companies has opened three model units at 35 Hudson Yards, the second residential skyscraper within the new West Side neighborhood.
15 East 30th Street, also known as 126 Madison Avenue, has been making swift progress toward its 51-story pinnacle. 16 floors have now been built, comprising 30 percent of the eventual total floor count. The building will soon rise to be one of the tallest buildings in the NoMad neighborhood, featuring exceptional views of the Empire State Building.