One Madison Avenue Wraps Up Construction in Flatiron District, Manhattan

8:00 am on June 3, 2024 By Michael Young

Work is nearing completion on One Madison Avenue, a 27-story commercial building in the Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the National Pension Service of Korea, and Hines, the project involves the gut renovation of an existing eight-story structure and the construction of a new 19-story glass-clad addition above the original roof parapet, and will yield 1.4 million square feet of office space and ground-floor retail space. The property occupies a full city block at the southeast corner of Madison Square Park between Madison Avenue, Park Avenue South, East 23rd Street, and East 24th Street.

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Exterior Work Finishes on 5-22 49th Avenue in Long Island City, Queens

7:30 am on June 3, 2024 By Michael Young

Construction is finishing up on 5-22 49th Avenue, a five-story residential building in the Hunters Point section of Long Island City, Queens. Designed by Issac & Stern Architects and developed by Amir Zicherman of Oren & Ivy LLC, the 50-foot-tall structure spans 9,984 square feet and will yield 15 rental units with an average scope of 665 square feet, as well as a 30-foot-long rear yard and six enclosed parking spaces. The property is located on a rectangular interior lot between Vernon Boulevard to the east and 5th Street to the west.

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Aerial photograph of New York City, via climate.cityofnewyork.us

New York City Landmark Preservation Commission Launches Climate Resiliency Initiative

7:00 am on June 3, 2024 By Max Gillespie

The New York City Landmark Preservation Commission has announced the launch of the organization’s new Climate Resiliency Initiative, a sustainability effort aimed at protecting the city’s waterfront historic properties from climate-related weather events. The initiative, funded by a $500,000 multi-year hazard mitigation grant from the Federal Emergency Management Agency through the NYC Emergency Management Department, will focus on identifying and investing in vulnerable historic properties in the city’s flood zones.

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Excavation Continues for 68-Story Skyscraper at 100 West 37th Street in Midtown, Manhattan

8:00 am on June 2, 2024 By Michael Young

Excavation is progressing at 100 West 37th Street, the site of a 68-story mixed-use skyscraper in the Garment District of Midtown, Manhattan. Designed by C3D Architecture and developed by Sioni Group under the 989 Sixth Realty LLC, the 743-foot-tall structure will span 384,118 square feet and yield 300 condominium units with an average scope of 991 square feet, as well as 86,817 square feet of commercial space and two cellar levels. The property is alternately addressed as 989-993 Sixth Avenue and located at the intersection of Sixth Avenue and West 37th Street.

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