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550 Tenth Avenue Rises Above Street Level, in Hell’s Kitchen, Manhattan

8:00 am on February 22, 2023 By Michael Young

Construction on 550 Tenth Avenue is quickly unfolding as the first floor of the 47-story residential skyscraper takes shape in Hell’s Kitchen. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the ground-up 520-foot-tall reinforced concrete superstructure will span 430,000 square feet and yield a total of 453 rental units, with 137 residences for moderate and middle incomes, as well as 9,000 square feet of commercial retail space, over 20,000 square feet of residential amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the Midtown, Manhattan property, which is located along Tenth Avenue between West 40th and 41st Streets.

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YIMBY’s 2022 Q4 Report Shows a Surge of New Housing Filings with 13,030 Units Filed from October through December

8:00 am on January 30, 2023 By Vitali Ogorodnikov

The fourth-quarter numbers for New York City’s construction filings are in, and YIMBY is excited to report that the overall figures from October through December dramatically outpace those from the previous quarter. Although the total number of new building filings is slightly down, dipping from 768 in Q3 to 738 in Q4, the number of residential and hotel unit filings surged from 7,217 in Q3 to 13,030 in Q4. Similarly, the total filed-for floor area effectively doubled, rising from 10.6 million square feet in Q3 to 20.3 million square feet in Q4. In effect, not only has the size of the average filing become twice as large during the period, but it also increased in height from an average of 3.2 in Q3 to 4.1 in Q4. The full report in Excel format is available with a subscription to YIMBY’s Building Wire.

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Metals in Construction Magazine’s Design Challenge Encourages Ideas for Office-to-Residential Redevelopment

8:00 am on January 11, 2023 By Vanessa Londono

It’s time for the yearly Design Challenge competition by Metals in Construction magazine, a publication of the Steel and Ornamental Metal Institutes of New York. The goal each year is to generate ideas about the role of architecture in helping to solve social problems. This year the challenge with a $15,000 grand prize is to redevelop a New York City office tower for market-rate housing.

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Foundations Underway for 47-Story Skyscraper at 550 Tenth Avenue in Hell’s Kitchen, Manhattan 

8:00 am on December 8, 2022 By Michael Young

Number 24 on YIMBY’s countdown of the tallest projects underway in New York is 550 Tenth Avenue, a 47-story residential skyscraper in Hell’s Kitchen. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 520-foot-tall structure will span 430,000 square feet and yield 453 units, with 137 for moderate and middle incomes, as well as 9,000 square feet of retail space, over 20,000 square feet of residential amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the property, which is located along Tenth Avenue between West 40th and 41st Streets.

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