Commercial

1491-1493 First Avenue Readies for Excavation on Manhattan’s Upper East Side

Demolition is complete at 1491-1493 First Avenue, the site of a 24-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Carmel Partners, which purchased the property for $73.5 million in early 2022 from local developer Robert Chou, the 209-foot-tall structure will yield 94 condominium units with an average scope of around 1,900 square feet, as well as 7,120 square feet of ground-floor retail space and cellar level. CP VII 78th Street Owner is the owner and Carmel Construction East is the general contractor for the project, which is located at the southwestern corner of First Avenue and East 78th Street.

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Foundations Underway at 300 East 83rd Street on Manhattan’s Upper East Side

Foundation work is progressing at 300 East 83rd Street, the site of a 22-story residential building in the Yorkville section of the Upper East Side. Designed by SLCE Architects and developed by Lalezarian Group, the 235-foot-tall structure will span 84,266 square feet and yield 70 units, as well as cellar and ground-floor retail space. The homes will average 1,203 square feet, likely indicating condominiums. Hudson 37 LLC is the general contractor for the property, which is located at the corner of East 83rd Street and Second Avenue.

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3 World Trade Center, image by Andrew Campbell Nelson

StubHub Relocates Headquarters to 3 World Trade Center in Financial District, Manhattan

StubHub, one of the world’s largest online destinations for ticketed live events, will establish its new headquarters at 3 World Trade Center in Manhattan’s Financial District. In an effort to consolidate its commercial footprint, the company will close multiple locations in Midtown, and instead occupy 44,000 square feet of 3 World Trade Center’s 59th floor.

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KPF’s 520 Fifth Avenue Supertall Rises Above Street Level in Midtown, Manhattan

Construction is rising above street level on 520 Fifth Avenue, a 76-story residential supertall in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 1,000-foot-tall structure will span 507,608 square feet yield 98 residential units, as well as commercial space on the lower floors and four cellar levels. WSP is the structural engineer, DeSimone Consulting Engineers is the facade 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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Aerial rendering of the sky garden and terrace at 200 Madison Avenue - Rendering courtesy of Vocon

Renderings Reveal Amenity Spaces at 200 Madison Avenue in Midtown, Manhattan

A batch of renderings are the first to reveal new amenity spaces at 200 Madison Avenue, a 26-story landmarked office tower in Midtown, Manhattan. George Comfort & Sons, the current owner of the building, has partnered with architecture and design firm Vocon to transform the common areas into more engaging light-filled spaces that also honor the history of the Neo-Renaissance-style building.

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