Commercial

PENN 2’s Cantilevering Expansion Takes Shape at Two Penn Plaza in Midtown, Manhattan

8:00 am on May 18, 2022 By Michael Young

Renovation work and construction continue on PENN 2, a 31-story commercial tower at Two Penn Plaza in Midtown. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves the interior overhaul and re-cladding of the 412-foot-tall, 1.61 million-square-foot structure, as well as the construction of a multi-story cantilevering addition. PENN 2 is one component in the Penn District revitalization scheme that calls for the erection and redevelopment of several buildings surrounding Penn Station and Madison Square Garden. Turner Construction Company is the general contractor for the property, which is located along Seventh Avenue between West 31st and 33rd Streets.

Tenant lounge at 780 Third Avenue - Rendering courtesy of A+I

New Amenity Spaces Revealed for 780 Third Avenue in Midtown East, Manhattan

7:30 am on May 18, 2022 By Sebastian Morris

New renderings from Architecture Plus Information reveal lush amenity spaces and exterior enhancements at 780 Third Avenue, a 50-story office tower in Midtown East, Manhattan. Nuveen Real Estate, the current owner of the building, has invested roughly $40 million to create what it calls a “green oasis” for new and existing tenants.

291 Livingston Street’s Exterior Nears Completion in Downtown Brooklyn

7:30 am on May 17, 2022 By Michael Young

Exterior work is continuing to wrap up on 291 Livingston Street, a 22-story hotel tower in Downtown Brooklyn. Designed by Gene Kaufman Architect and developed by Aview Equities and Hello Living, the 189-foot-tall structure will yield 100 hotel rooms and a ground-floor beer garden. The property is located between Nevins Street to the east, Grove Place to the north, and Hanover Place to the west.

470 Park Avenue South - Courtesy of SJP Properties

SJP Properties Reveals New Tenants at 470 Park Avenue South Following Large-Scale Renovation Project

7:00 am on May 17, 2022 By Sebastian Morris

Anchorage Digital and Life Science REIT are the first new tenants to join 470 Park Avenue South following a $15 million renovation of the Midtown commercial building. SJP Properties and PGIM Real Estate, the building’s current owners, retained Gensler and MKDA to complete the modernization project, which was unveiled in February.

72 York Street Tops Out in Jersey City, New Jersey

7:30 am on May 16, 2022 By Michael Young

Construction has topped out on 72 York Street, an 11-story residential building in Jersey City‘s Paulus Hook Historic District. Designed by MVMK, the structure will yield 14 condominiums ranging from 800-square-foot one-bedroom units to 2,100-square-foot three-bedroom homes, as well as 880 square feet of ground-floor commercial space. Residential amenities include private storage space for each unit. The property is located by the corner of York and Greene Streets, directly to the east of Jersey City’s main post office.

Permits Filed for 211 West 84th Street on the Upper West Side of Manhattan

6:30 am on May 16, 2022 By Vanessa Londono

Permits have been filed for an 18-story mixed-use tower at 211 West 84th Street on Manhattan’s Upper West Side. Located between Broadway and Amsterdam Avenue, the lot is two blocks south the 86th Street subway station, serviced by the 1 train. Naftali Group is listed as the owner behind the applications, after purchasing 207-221 West 84th Street last year for $71 million.

1841 Broadway Rises Past Halfway Mark on Manhattan’s Upper West Side

8:00 am on May 15, 2022 By Michael Young

Construction has passed the halfway mark on 1841 Broadway, a 25-story residential tower on Manhattan’s Upper West Side. Designed by INC Architecture & Design with SLCE Architects as the architect of record and developed by Global Holdings Management Group, the 281-foot-tall structure will yield 180,813 square feet with 173 market-rate and affordable housing units, as well as 11,741 square feet of retail space on the first two levels. Pavarini McGovern is the general contractor and DeSimone Consulting Engineers is the façade consultant for the property, which is located at the corner of Broadway and West 60th Street, just north of Columbus Circle and the southwest corner of Central Park.

The new exterior for Harborside. Designed by Elkus Manfredi Architects

Harborside 1-3 Completes Renovation in Jersey City, New Jersey

7:30 am on May 15, 2022 By Michael Young

Renovation work is complete on the three-building Harborside complex along the downtown Jersey City waterfront. Designed by Elkus Manfredi Architects and developed by Mack-Cali Realty Corporation and SJP Properties, the project involved the re-cladding and interior refurbishment of the commercial office structures, which occupy a long rectangular parcel bound by Harborside Place to the north, Hudson Street to the west, and Christopher Columbus Drive to the south. The overhaul was planned to cost around $75 million and achieve LEED Gold certification.

Daytime rendering of The Spiral - Courtesy of Tishman Speyer

NewYork-Presbyterian Inks Lease at 66 Hudson Boulevard in Hudson Yards, Manhattan

7:00 am on May 15, 2022 By Sebastian Morris

NewYork-Presbyterian is the latest tenant to ink a lease at the Spiral at 66 Hudson Boulevard in Hudson Yards. The hospital group’s Och Spine outpatient facility will occupy a 75,000-square-foot suite on the supertall’s second floor.

111 Wall Street’s Exterior Renovations Progress in Financial District, Manhattan

8:00 am on May 13, 2022 By Michael Young

Work is progressing on the $100 million renovation of 111 Wall Street, a 25-story commercial building in the Financial District. Designed by STUDIOS Architecture and developed by Wafra Capital Partners and The Nightingale Group, the project involves the replacement of the structure’s 1960s envelope with a modern glass curtain wall and a complete overhaul of the interiors, which will yield 1.5 million square feet of Class A office space, new infrastructure, an expanded lobby, and amenities designed by URBN Playground. Hunter Roberts Construction Group is the general contractor and JLL is handling leasing for the property, which is bound by Wall Street and Mannahatta Park to the northeast, Front Street to the northwest, Gouverneur Lane to the southwest, and South Street and the FDR Drive to the southeast.

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