The XI Prepares to Resume Construction at 76 Eleventh Avenue in Chelsea, Manhattan

8:00 am on April 6, 2022 By Michael Young

Construction is set to resume on The XI, with a revised completion date of “Winter 2024” posted for the stalled two-tower mixed-use project at 76 Eleventh Avenue in Chelsea. Designed by Bjarke Ingels Group and developed by 76 Eleventh Avenue Property Owner LLC, the twisting 26- and 36-story structures have stood topped out and unfinished since late 2019, when reports of trouble began to surface about the former developer, HFZ Capital Group. In late 2021, Steve Witkoff purchased the property in a foreclosure sale for $900 million and partnered with Access Industries and Monroe Capital, and it now appears that the project is back on track, with an updated board at the property listing Suffolk Construction Corporation as the new general contractor, replacing Omnibuild. The full-block site is located adjacent to the High Line and is bound by Tenth Avenue to the east, West Street to the west, West 17th Street to the south, and West 18th Street to the north.

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125 West End Avenue’s New Curtain Wall Nears Completion on Manhattan’s Upper West Side

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

Façade work is nearing completion on 125 West End Avenue, an eight-story building on Manhattan’s Upper West Side. Designed by Taconic Partners, Jaros, Baum & Bolles (JB&B), and Perkins+Will, the project involves the re-cladding and interior renovation of the 400,000-square-foot structure into a life sciences and research laboratory. The 3.4-acre complex was originally constructed as an automotive facility for the Chrysler Motor Company and was later occupied by Walt Disney/ABC broadcasting company, but had sat vacant since early 2021. Taconic and Nuveen Real Estate purchased the building for $230 million in late 2019, and CBRE is in charge of marketing and leasing the commercial space. JRM Construction Management, LLC is the general contractor for the project, which sits at the corner of West 66th Street and West End Avenue, a very short walk from Riverside Park South.

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