Commercial

46-06 11th Street Rises in Long Island City, Queens

Construction is rising on 46-06 11th Street, an eight-story mixed-use building in Long Island City, Queens. Designed by Raymond Chan Architect and developed by Jim Yang under the JNMY LLC, the 85-foot-tall structure will span 89,684 square feet and yield 44 rental units with an average scope of 780 square feet, 20,355 square feet of community facility space, 1,240 square feet of commercial space, a cellar, a 20-foot-long rear yard, and 40 enclosed parking spaces. Mandarin Enterprises II Inc. is the general contractor for the property, which is alternately addressed as 10-50 46th Avenue and located at the corner of 46th Avenue and 11th Street.

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125 West 57th Street’s Glass Façade Begins Installation in Midtown, Manhattan

Construction is rising on 125 West 57th Street, a 26-story commercial building on Billionaires’ Row in MidtownManhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Cain International, the 440-foot-tall structure will span 260,000 square feet and yield 185,000 square feet of Class A office space, 7,000 square feet of retail space, and a new home for the Calvary Baptist Church, which has operated on the site since 1883 and sold the property to the developers for $150 million in 2017. Leading Builders Group is the general contractor for the project, which is located on an interior lot between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects111 West 57th Street.

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JPMorgan Chase’s Supertall Nears its Pinnacle at 270 Park Avenue in Midtown East, Manhattan

The tallest building on our year-end construction countdown is JPMorgan Chase‘s 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners with Adamsom Associates as the architect of record and developed by Tishman Speyer, the 60-story skyscraper will yield 2.5 million square feet of office space with a capacity of 15,000 employees, and will become the tallest structure in New York completely powered by hydroelectric energy. AECOM Tishman is the general contractor for the full-block property, which is 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.

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Demolition Finishes at 620 Twelfth Avenue in Hell’s Kitchen, Manhattan

Demolition has concluded at 620 Twelfth Avenue, the site of a six-story storage and office facility in Hells Kitchen. Owned by Edison Properties and leased to Verizon Communications for $50 million, the structure will span 269,000 square feet and include a cellar level, which may feature on-site parking for the network operator. Nordest Services served as the demolition contractor for the property, which is alternately addressed as 648 West 48th Street and is bound by West 47th and West 48th Streets and the Hudson River Greenway.

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Rendering of 520 Fifth Avenue and the Midtown skyline

520 Fifth Avenue’s Curtain Wall Takes Shape in Midtown, Manhattan

At number three on our year-end countdown of the tallest buildings under construction in New York is 520 Fifth Avenue, a 1,000-foot residential supertall skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 76-story structure will span 415,000 square feet and yield 98 condominium units with interior design by Charles & Co., as well as commercial space on the ground floor and four cellar levels. WSP is the structural engineer, DeSimone Consulting Engineers is the façade consultant, and Suffolk Construction is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

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