The Department of Buildings has awarded Norman Foster’s 425 Park Avenue a temporary certificate of occupancy, or TCO, signaling imminent completion of the commercial skyscraper in Midtown East. From developers L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 47-story office tower comprises around 667,000 square feet.
The first steel beams of JP Morgan Chase‘s 1,425-foot supertall have begun to rise at 270 Park Avenue as work continues on the demolition of its 52-story former headquarters in Midtown East. The new steelwork is being assembled on the Madison Avenue-facing side of the parcel, where a low-rise podium once stood, while the main 707-foot-tall skyscraper formerly known as the Union Carbide Building continues its descent toward Park Avenue. The new tower will eventually span the entire block between East 47th and 48th Streets from Park to Madison Avenues and yield 2.5 million square feet of office space.
Construction has topped out at 76 Eighth Avenue, a ten-story commercial building in Chelsea. Designed by Gene Kaufman Architect and developed by Sang Lee, Noviprop, and Plus Development, the 120-foot-tall structure will yield 30,000 square feet of office space and ground-floor retail. The property is located at the intersection of West 14th Street and Eighth Avenue.
The Landmarks Preservation Commission (LPC) is reviewing updated proposals to renovate and expand a ten-story commercial building at 122 Fifth Avenue near Union Square, Manhattan. Renderings from Studios Architecture reveal a new rooftop pavilion and extensive updates to the building’s facade at each elevation along Fifth Avenue, 17th Street, and 18th Street.
More renderings have been revealed for PENN 2, Vornado Realty Trust‘s recently commenced renovation of Two Penn Plaza, a 412-foot-tall commercial office building in Midtown. Originally designed by Charles Luckman Associates, the 31-story structure currently yields 1.61 million square feet and stands immediately to the east of Madison Square Garden along Seventh Avenue between West 31st and 33rd Streets. The project, designed by MdeAS Architects, will fully revamp the 53-year-old building’s interiors and replace its dark mid-century modern façade with a lighter, more transparent glass envelope designed by MdeAS Architects. The endeavor is among a flurry of efforts to modernize the area surrounding Penn Station, which include the proposed construction of a nearly 1,200-foot-tall, 2.7-million-square-foot office supertall designed by Foster + Partners that would rise directly across the street on the site of the Hotel Pennsylvania.