Office

1522 First Avenue’s Façade Nears Completion on Manhattan’s Upper East Side

8:00 am on July 23, 2024 By Michael Young

Façade installation is nearing completion on 1522 First Avenue, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell, the 449-foot-tall structure will yield 400,000 square feet of Class A office space and retail space on the ground floor and cellar levels. The Hospital for Special Surgery will serve as the anchor tenant, occupying 200,000 square feet across the first eight stories of the building. The property is alternately addressed as 403 East 79th Street and is located between East 79th and 80th Streets.

Photograph of 580 Broadway, courtesy of Great Ink Media Relations

580 Broadway Closes On Refinancing Deal In Soho, Manhattan

7:00 am on July 21, 2024 By Max Gillespie

IPA Capital Markets, a division of Marcus & Millichap, announced the refinancing of 580 Broadway, a 12-story Class A office and retail property located in Soho, Manhattan. The refinancing package totaled $50 million. The building was constructed in 1900 and is located between Houston and Prince Streets. Maxi Capital Group, Sabal Investment Holdings, and GDSNY provided the $50 million office loan for the project.

644 West Putnam Avenue, via Simone Development Companies

Lease Extension Signed At 644 West Putnam Avenue In Greenwich, Connecticut

7:30 am on July 12, 2024 By Max Gillespie

Simone Development Companies and Fareri Associates have announced that Summit Health, a physician-led, patient-centric healthcare network, has signed a long-term lease renewal and expansion at 644 West Putnam Avenue in Greenwich, Connecticut. The agreement will see Summit Health renew its existing 14,243-square-foot space on the ground and second floors while adding an additional 5,610 square feet on the second floor, bringing the total leased space to 19,853 square feet.

520 Fifth Avenue’s Arched Façade Climbs Higher in Midtown, Manhattan

8:00 am on July 11, 2024 By Michael Young

Vertical construction and façade installation are progressing on 520 Fifth Avenue, an 88-story residential supertall skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, the 1,000-foot-tall structure will span 415,000 square feet and yield 100 condominium units, a residents-only amenity floor on level 88, boutique office floors, a private members-only club called Moss, and four cellar levels. The project is located at the corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

Rolex USA Headquarters Rises Above Street Level at 665 Fifth Avenue in Midtown, Manhattan

8:00 am on July 8, 2024 By Michael Young

Construction is rising on 665 Fifth Avenue, a 469-foot-tall commercial building that will house the US headquarters for Rolex in Midtown, Manhattan. Designed by David Chipperfield Architects with Adamson Associates as the architect of record and developed by the Rolex Realty Company, the 28-story structure will yield 199,000 square feet of office and retail space for the world-famous watchmaker. The property is located at the corner of Fifth Avenue and East 53rd Street.

Photograph of 51W52, by Colin Miller Photos

144,312-Square-Foot Lease Renewal Signed At 51 West 52nd Street In Midtown East, Manhattan

7:30 am on July 6, 2024 By Max Gillespie

International law firm Orrick, Herrington & Sutcliffe has renewed its lease at 51W52, also known as Black Rock, a 900,000-square-foot, 38-story building located at 51 West 52nd Street in Midtown, Manhattan. The firm will continue to occupy 144,312 square feet on floors 17 and 20 through 24 for the next 15 years. The building, originally designed by architect Eero Saarinen as the headquarters of CBS, recently underwent a $128 million renovation led by the building’s owner, HGI.

125 West 57th Street’s Curtain Wall Progresses in Midtown, Manhattan

8:00 am on July 5, 2024 By Michael Young

Façade installation is moving along on 125 West 57th Street, a 26-story commercial building on Billionaires’ Row in Midtown, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Cain International, the 420-foot-tall structure will yield 260,000 square feet with 185,000 square feet of full-floor Class A office space, a dedicated amenities floor designed by Gensler, 7,000 square feet of retail space, and a new home for the Calvary Baptist Church, which has operated on the site since 1883 and sold the property to the developers for $150 million in 2017. The property is located on an interior lot between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects‘ 111 West 57th Street.

New Renderings Released For Extell’s 570 Fifth Avenue Skyscraper in Midtown, Manhattan

8:00 am on July 3, 2024 By Michael Young and Matt Pruznick

Updated renderings have been released for 570 Fifth Avenue, a forthcoming 1-million-square-foot commercial skyscraper in the Diamond District of Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Extell, the structure will house an 80,000-square-foot IKEA in the two cellar levels and Class A office space above. The property is located along Fifth Avenue between West 46th and 47th Streets.

Photograph of The Spiral, by Michael Young

New Leases Announced for The Spiral at 66 Hudson Boulevard in Hudson Yards, Manhattan

7:00 am on July 1, 2024 By Max Gillespie

Tishman Speyer has announced five new lease agreements totaling 129,500 square feet at The Spiral, a supertall office skyscraper at 66 Hudson Boulevard in Hudson Yards, Manhattan. The deals include an expansion by HSBC and relocations by four other companies.

29 Jay Street Nears Completion In DUMBO, Brooklyn

8:00 am on June 30, 2024 By Michael Young and Matt Pruznick

Construction is nearing completion on 29 Jay Street, an 11-story commercial building in Brooklyn‘s DUMBO Historic District. Designed by Marvel and developed by Jay Street Office LLC, the 150-foot-tall structure will yield 225,000 square feet of office space. The property is located at the northeast corner of Jay and Plymouth Streets.

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