270 Park Avenue’s New Superstructure Begins to Rise as Demolition Continues in Midtown East, Manhattan

The first steel beams of JP Morgan Chase‘s 1,425-foot supertall have begun to rise at 270 Park Avenue as work continues on the demolition of its 52-story former headquarters in Midtown East. The new steelwork is being assembled on the Madison Avenue-facing side of the parcel, where a low-rise podium once stood, while the main 707-foot-tall skyscraper formerly known as the Union Carbide Building continues its descent toward Park Avenue. The new tower will eventually span the entire block between East 47th and 48th Streets from Park to Madison Avenues and yield 2.5 million square feet of office space.

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Exterior Work Nears Completion on Gene Kaufman’s 140 West 28th Street in Chelsea, Manhattan

Exterior work is wrapping up on 140 West 28th Street, a 470-foot-tall, 46-story dual-brand Marriott Hotel in Chelsea. Designed by Gene Kaufman Architect for Sam Chang of the McSam Hotel Group, the 173,000-square-foot tower will yield 531 guest rooms across both a TownePlace Suites and Springhill Suites. Omnibuild is in charge of construction at the site, which is located between Sixth and Seventh Avenues.

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2655 East 23rd Street in Sheepshead Bay, Brooklyn

Housing Lottery Launches for 2655 East 23rd Street in Sheepshead Bay, Brooklyn

The affordable housing lottery is open for 2655 East 23rd Street, a three-story residential development in Sheepshead Bay, Brooklyn. Designed by Design Studio Associates NY, the 11-unit building will yield 9,429 square feet. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income, ranging in eligible income from $61,715 to $133,120.

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