Commercial

The Benson Completes Construction at 1045 Madison Avenue on Manhattan’s Upper East Side

Exterior work is complete on The Benson, an 18-story condominium building at 1045 Madison Avenue in the Carnegie Hill section of the Upper East Side. Designed by Peter Pennoyer and developed by The Naftali Group, the 210-foot-tall structure will yield 16 residential units spread across 59,032 square feet, as well as 3,993 square feet of ground-floor retail space. The majority of the units feature full-floor layouts, and three penthouses are positioned on the upper levels. Leeding Builders Group is the general contractor of the property, which is located between East 79th and East 80th Streets, a short walk from Central Park.

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Le Meridien Hotel Completes Construction at 292 Fifth Avenue in NoMad, Manhattan

Construction is complete on Le Meridien Hotel, a 21-story mixed-use tower at 292 Fifth Avenue in NoMad. Designed by Gene Kaufman Architect and developed by the McSam Hotel Group, which purchased the property for $42.4 million in March 2017, the structure yields 187 hotel rooms and an unspecified number of residential units on the upper levels. The development is located between West 30th and West 31st Streets.

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