Plans to construct a pair of high-rise towers at 250 Water Street in the South Street Seaport Historic District have been dramatically scaled down, as revealed in updated proposals from Howard Hughes Corporation and Skidmore, Owings & Merrill. Additional members of the project team include architects JHPA and historic preservation consultants Higgins Quasebarth & Partners.
Development milestones were met on three major adaptive-reuse commercial projects in Ulster County, amounting to over 500,000 square feet of renewed commercial space two hours north of New York City.
Construction is continuing to rise on Two Manhattan West, a 935-foot-tall commercial skyscraper in Midtown West. Designed by Skidmore Owings & Merrill and developed by Brookfield, the 58-story office tower stands at the corner of West 31st Street and Ninth Avenue, directly to the south of One Manhattan West, its 996-foot-tall architecturally identical sibling. The building will yield 2 million square feet and is expected to cost $2 billion.
Phillips, a British-based auction house, will soon open a new Manhattan outpost at 432 Park Avenue in Midtown. The gallery and salesroom is slated to debut this June and will comprise over 35,000 square feet.
Façade installation is progressing on Foster + Partners‘ 50 Hudson Yards, a 1,011-foot commercial supertall in Hudson Yards. Developed by Related Companies and Oxford Properties, the 58-story office skyscraper is the final structure in the first phase of Hudson Yards and is to be the largest structure by volume, yielding 2.9 million square feet. The site is bound by West 34th Street to the north, Tenth Avenue to the east, West 33rd Street to the south, and Hudson Boulevard to the west.
