Commercial

Curtain Wall Installation Begins on JPMorgan Headquarters at 270 Park Avenue in Midtown East, Manhattan

8:00 am on March 7, 2023 By Michael Young

The first curtain wall panels have begun installation on JPMorgan Chase‘s rising 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners and developed by Tishman Speyer, the 70-story skyscraper will yield 2.5 million square feet of office space for 15,000 employees, and will become the tallest structure in New York powered entirely by hydroelectric energy. Adamsom Associates is the architect of record, Banker Steel provided the steelwork, NYC Constructors is the steel subcontractor, Mueser Rutledge Consulting Engineers (MRCE) designed the structural foundation elements, Severud Associates is the engineer of record, R&R Scaffolding Ltd. will provide the BMU, and AEOCOM Tishman is the general contractor for the property, which occupies a full block bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.

27 Park Place’s Renovation Nears Completion in Tribeca, Manhattan

7:30 am on March 7, 2023 By Michael Young

Exterior work is nearing completion on 27 Park Place, a five-story commercial building in Tribeca. Designed by Michael Schmitt Architect PC, the project involves a full gut renovation and exterior restoration to remediate damage from a six-alarm fire that ravaged the structure in September 2017. Empire State Development is the general contractor for the property, which is bound by Murray Street to the north, Park Place to the south, and Church Street to the west.

Rendering of The Braddock at 8619 Bergenline Avenue

Developers Land $52.5M Construction Loan for The Braddock at 8619 Bergenline Avenue in North Bergen, New Jersey

7:00 am on March 7, 2023 By Sebastian Morris

Sanz Management has closed on $52.5 million to complete The Braddock, a 135-unit rental property in North Bergen, New Jersey. The development site is located at 8619 Bergenline Avenue and will also include a 152-vehicle parking garage and 2,400 square feet of retail space.

604 Fifth Avenue Wraps Up Renovation Work in Midtown, Manhattan

7:30 am on March 6, 2023 By Michael Young

Renovation work is complete on 604 Fifth Avenue, a six-story commercial building in Midtown, Manhattan. Designed by William Van Alen, architect of the Chrysler Building, the 65-foot-tall structure opened as the Childs Building in 1924 and most recently housed an 18,000-square-foot TGI Fridays. Japanese confectioner Minamoto Kitchoan purchased the property from The Riese Organization for $45 million in April 2021 for its new flagship store. Andrew Pettit Architect was the designer and Cross Management Corp. was the general contractor for the interior and exterior renovation project, which is located between East 48th and 49th Streets.

Aerial rendering of Holland Gardens - Courtesy of PS&S Architects

Renderings Reveal $500M Holland Gardens Complex in Downtown Jersey City

7:00 am on March 6, 2023 By Sebastian Morris

Jersey City officials have revealed plans to redevelop an aging public housing property into a mixed-use, mixed-income complex in the city’s downtown area. Known as The Holland Gardens Revitalization Plan, the project team includes the Jersey City Housing Authority (JCHA), PS&S Architects, and WinnDevelopment, a Boston-based subsidiary of real estate investment firm Winn Companies.

Redesign Revealed for 45 Broad Street in Manhattan’s Financial District

8:00 am on March 5, 2023 By Michael Young

YIMBY spotted a series of new exterior renderings for 45 Broad Street, a long-stalled site located in the Financial District of Lower Manhattan. Originally designed by CetraRuddy and developed by Madison Equities and Gemdale Properties, the formerly planned 1,115-foot supertall residential skyscraper appears to have a new and shorter undisclosed architectural height with a completely new design by Handel Architects. Lendlease will be the general contractor and take over from Pizzarotti LLC for the ground-up development, which will have 221,000 square feet of rentable space, 302 units most likely being condominiums, and 52 floors built atop a narrow interior lot between Exchange Place and Beaver Street.

155-165 West 29th Street Nears Completion in Chelsea, Manhattan

7:30 am on March 5, 2023 By Michael Young

Construction is nearing completion on 155-165 West 29th Street, a 17-story self-storage facility in Chelsea, Manhattan. Designed by Mancini Duffy and developed by Highland Development Ventures and The Davis Companies, the 223-foot-tall reinforced concrete structure will yield 180,000 square feet and 6,300 storage units. The developers acquired the interior rectangular in early 2021 for $62.5 million, and construction costs are estimated around $84 million. Div West 29th Street LLC is the owner, Cauldwell Wingate is the contractor, and McNamara Salvia is the structural engineer for the property, which is located between Sixth and Seventh Avenues.

Daytime rendering of NY Vue in Bayonne, New Jersey

Renderings Reveal NY Vue, Tallest Building in Bayonne, New Jersey

7:00 am on March 5, 2023 By Sebastian Morris

The City of Bayonne in New Jersey has approved proposals to construct the first phase of NY Vue, a 26-story residential tower set to become the city’s tallest structure. The tower is planned to take shape on a 155,000-square-foot parcel at the intersection of Chosin Few Way and 40th Street near the Hudson River waterfront.

Permits Filed for 1024 Manhattan Avenue in Greenpoint, Brooklyn

7:00 am on March 4, 2023 By Vanessa Londono

Permits have been filed for a seven-story mixed-use building at 1024 Manhattan Avenue in Greenpoint, Brooklyn. Located between Freeman Street and Green Street, the lot is five blocks north of the Greenpoint Avenue subway station, serviced by the G train. Witold Brend under the Marria LLC, Matta LLC, Mettis LLC is listed as the owner behind the applications.

Rendering of 2300 Cropsey Avenue - Michael Kang Architect

2300 Cropsey Avenue’s Façade Nears Completion in Gravesend, Brooklyn

8:00 am on March 2, 2023 By Michael Young

Exterior work is nearing completion on 2300 Cropsey Avenue, a 23-story mixed-use tower in Gravesend, Brooklyn. Designed by Michael Kang Architect and developed by Cropsey Partners LLC, the structure spans 329,522 square feet and will yield 154 rental units spread across 220,000 square feet, as well as an ambulatory center and a supermarket. Wave Construction is the general contractor for the property, which is located at the intersection of Cropsey and 23rd Avenues, adjacent to the Belt Parkway.

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